are fixers a good idea in bad areas

Hotest Listing...

Dream Home In Cinco Ranch

Dream Home In Lake Ridge

Mortage Trends

Mortgage Rate Trends

courtsey of: real estate mash

Our Blog

Payment Estimator

Jun July 2010 Aug

S	M	T	W	T	F	S
				1	2	3
4	5	6	7	8	9	10
11	12	13	14	15	16	17
18	19	20	21	22	23	24
25	26	27	28	29	30	31

Latest in Blog

are fixers a good idea in bad areas

| Print |

Are Katy - West Houston fixer uppers a good idea in bad areas?

It depends. Distressed properties or fixer-uppers can be found anywhere, even in wealthier neighborhoods. Such properties are poorly maintained and have a lower market value than other houses in the neighborhood.
Many Katy - West Houston marketvexperts recommend that before you make such an investment, first find the least desirable house in the best neighborhood. Then do the math to see if what it would cost to bring up the value of that property to its full potential market value is within your budget. If you are a novice buyer, it may be wiser to look for properties that only need cosmetic fixes rather than run-down houses that need major structural repairs.

Questions about Katy - West Houston Real Estate?

Ask us below or Call us Now at (832) 814-8715