Wednesday, April 25, 2018

Reasons to Buy a Fixer Upper

With the growing popularity of reality shows centered on fixing up older homes, there is an increased interest in fixer uppers. Whether you are intrigued by rehabbing a home or want to take a stab at creating your own unique space, a fixer upper may be exactly what you are looking for. If you are interested in buying a home at the Lake of the Ozarks, there is a wide variety of housing options. From a fully furnished condo to a luxury home to a fixer upper, you can find the perfect space for you and your family. If you are intrigued by fixing up an older home, take a look below for a few reasons why you should invest in a home that could use some improvement.


Lower Initial Investment Cost

A home that needs work is typically listed for sale at a lower price. It's a great way to enter into homeownership if you don't have a large financial backing. With the lower price point, it's a great opportunity for buyers to make a purchase. Homeownership is possible, especially with the low-price point of a fixer upper.

Build Equity Fast

As you add value to your home, you add to the equity. From your monthly payments to home improvements, there are a number of ways equity can be built in your home. A fixer upper typically adds value to the purchase price of the home, making it worth more. As you make updates and changes to a home, you will likely see the improvement in home equity, as well.

Get Creative

If you love to create things, a fixer upper is a great way to get those creative juices flowing. It's a fun way to express yourself and put your heart and soal (and great ideas) into action. From altering the layout to updating the style, a fixer upper is just waiting for you to make creative changes!

Customize Your Space

A fixer upper is an ideal way to get exactly what you've wanted in a home. Whether you want an open concept or a large master bedroom, you can create the space you've longed for. Create a custom home to meet the needs of you and your family.

Learn New Skills

As you make improvements around your fixer upper, you will likely learn a lot. From handy work to time management to design, there are many learning opportunities when you purchase a home that needs work. It's a great way to challenge yourself and have fun, all at the same time!

Now that you've learned why a fixer upper is a great option for your next home purchase, you're ready to start your home search at the Lake of the Ozarks. Give Eagle's Nest Realty a call today to get started. We look forward to helping you find the perfect space for you and your family. It's a great time to take a stab at your very own fixer upper!

Call (573) 374-0769 to schedule a showing today!


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