Shows like HGTV's "Fixer Upper" have popularized the idea of buying and renovating the worst house on the best block. Homes that need major remodeling, however, aren't for everyone. Sometimes a move-in ready house is a better option. Whether you're a first-time homebuyer or a seasoned investor, it's important to understand the pros and cons of each.
Pros of Fixer-Uppers
Cons of Fixer-Uppers
Pros of Move-In Ready
Cons of Move-In Ready
Still not sure which approach is right for you? Take this quiz to help you decide if you're ready for a fixer upper.
Kathlyn's Tip -- Be sure to work with a knowledgeable real estate agent, who understands not only the local market but more importantly your needs as a buyer. If you are debating between restoring a home or new construction in the Houston area, please contact my office for a consultation. My combined experience as a realtor and former tax attorney can help you navigate the pros and cons.