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When Choosing a Fixer Upper Makes Cents

Some renovations can significantly increase
the market value of a home. Others can cost
more than you’ll ever get back.


So, when choosing a “fixer-upper”, look
carefully at the work that needs to be done.


General painting, and bathroom or kitchen
renovations typically increase the resale
value of a house. “Invisible” repairs such as
plumbing, electrical, or heating systems
do not.


Before you buy, work with your REALTOR® to
develop a market value estimate of the
house you are considering as though the
renovations you’re contemplating are
already complete.


If the math works, go for it. Buying a “fixerupper”
can be very rewarding.


If you need help finding an agent in another town, city or region,
call today.

Dan Walker, RE/MAX Colonial Pacific Realty, LTD. 604-541-4888


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