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The Jason Gorman Real Estate Team, REALTORŪ, real estate agents and broker for Woodbury, Minneapolis and Twin Cities Minnesota home listings, property and land for sale - NUMBER1EXPERT(tm)
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Real Estate Tips
Bargain Properties >Bargain Homes

Most buyers want a home that is in tip-top condition and ready for them to occupy, but many homes sell for bargain prices because they need work. Buyers love "fixer-uppers" for the obvious reasons: the affordable price and the satisfaction of remodeling the house to accommodate your tastes and needs.

Whether you are buying the property for yourself or as an investment, choose a house that is in a good location and structurally sound. It should be priced enough below market value (usually 25%) to allow plenty of room for a profitable re-sale after the work is completed.

It is important to educate yourself before taking on a fixer-upper project. Inexpensive cosmetic improvements often give the greatest return on your investment-- paint will increase the value three times for every dollar invested. Landscaping, carpeting, and light fixtures are also relatively inexpensive improvements. Try to avoid purchasing a house that needs expensive structural improvements such as a new roof, plumbing, wiring, or foundation repairs.

Remodeling a kitchen will rarely add more than the cost of the upgrade, but new appliances usually give a fine return. An extra bathroom is the best renovation from an investment point of view, often giving twice its cost in added value.      

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Real Estate Trivia
Q 
Which U.S. hotel has more fountains than any other hotel in the world?

A 
The Bellagio Hotel in Las Vegas, Nevada has more than 1,000 fountains embellishing an 11+ acre artificial lake.
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The Jason Gorman Real Estate Team, REALTORŪ, real estate agents and broker for Woodbury, Minneapolis and Twin Cities Minnesota home listings, property and land for sale - NUMBER1EXPERT(tm)

The Jason Gorman Real Estate Team
Keller Williams Premier Realty

659 Bielenberg Dr
Woodbury,
MN, 55125
Phone: 651-735-7653
Fax: 651-379-5264
Email: Jason@JasonGorman.com

Accessible, Industrious, & Client Oriented! Buying Or Selling A Home Is One Of The Most Important Events In A Family's Life, And Our Goal Is To Make The Process As Enjoyable And Rewarding As Possible.

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Keller Williams Premier Realty real estate and homes for sale in Woodbury, Minneapolis and Twin Cities Minnesota

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