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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The Jodi Power Team
Jodi Power : Realtor
Brett Power : Realtor
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Keller Williams Realty
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The Jodi Bruno Power Team Members are Americas Number One Experts in the New Orleans Metropolitan area including Uptown, Lakeview, Metairie, Kenner, North Shore, Slidell and Covington. We are all experts in relocating too. Jodi and Brett Power have the experience you need to invest in or sell real estate. Jodi has been a consistent top sales producer in all of her work experience. We offer professional expertise in all areas of Real Estate. Please access “Meet our team” to see all of our licenses and qualifications. We are aggressive in our approach to get the job done for you. Our service and knowledge are second to none. Our goals are simple….. They are yours. We guarantee a quick response. Call us today. 504-261-5247

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