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<a href="https://www.simplifyingthemarket.com/en/2024/01/23/experts-project-home-prices-will-increase-in-2024?a=130049-b1a6742db39360a3b3f5ff1a66f1f174">https://www.simplifyingthemarket.com/en/2024/01/23/experts-project-home-prices-will-increase-in-2024?a=130049-b1a6742db39360a3b3f5ff1a66f1f174</a>

https://www.simplifyingthemarket.com/en/2024/01/23/experts-project-home-prices-will-increase-in-2024?a=130049-b1a6742db39360a3b3f5ff1a66f1f174

Experts Project Home Prices Will Increase in 2024

<h3>Is a Fixer Upper Right for You?</h3>
 <img src="https://files.keepingcurrentmatters.com/KeepingCurrentMatters/content/images/20241031/20241104-is-a-fixer-upper-right-for-you-original.png" width="600" /> 
Looking to <a href="https://www.simplifyingthemarket.com/en/2024/10/25/debunking-scary-myths-about-buying-a-home/?a=130049-b1a6742db39360a3b3f5ff1a66f1f174" target="_blank" rel="noopener noreferrer">buy a home</a> but feeling like almost everything is out of reach? Here&rsquo;s the thing. There&rsquo;s still a way to become a homeowner, even when <a href="https://www.simplifyingthemarket.com/en/2024/10/21/what-to-expect-from-mortgage-rates-and-home-prices-in-2025/?a=130049-b1a6742db39360a3b3f5ff1a66f1f174" target="_blank" rel="noopener noreferrer">affordability</a> seems like a huge roadblock &ndash; and it might be with a fixer upper. Let&rsquo;s dive into why buying a fixer upper could be your ticket to <a href="https://www.simplifyingthemarket.com/en/2024/10/18/why-buying-now-is-worth-it-infographic/?a=130049-b1a6742db39360a3b3f5ff1a66f1f174" target="_blank" rel="noopener noreferrer">homeownership</a> and how you can make it work.
<h4>What Is a Fixer Upper?</h4>
A fixer upper is a home that&rsquo;s in livable condition but needs some work. The amount of work varies by home &ndash; some may need cosmetic updates like wallpaper removal and new flooring, while others might require more extensive repairs like replacing a roof or updating plumbing.
Because they need some elbow grease, these homes typically have a lower price point, based on local market value. In fact, a survey from StorageCafe <a href="https://www.storagecafe.com/blog/best-cities-to-buy-a-fixer-upper/" target="_blank" rel="noopener noreferrer">explains</a> that fixer uppers generally cost about 29% less than move-in-ready homes.
And that&rsquo;s why, according to a recent survey, more buyers are considering homes that need a little extra work right now (see below):
<a href="https://files.keepingcurrentmatters.com/KeepingCurrentMatters/content/images/20241031/20241104-more-people-are-considering-buying-a-fixer-upper-today-original.png" target="_blank" rel="noopener noreferrer"><img src="https://files.keepingcurrentmatters.com/KeepingCurrentMatters/content/images/20241031/20241104-more-people-are-considering-buying-a-fixer-upper-today-original.png" alt="a blue and grey pie chart" /></a>If you're looking for an option to get your foot in the door, and you're willing to roll up your sleeves and do a bit of work, a house with untapped potential may be a good option.
<h4>Tips for Buying a Home That Needs Some Work</h4>
Before you <a href="https://www.simplifyingthemarket.com/en/2024/09/25/why-buying-now-may-be-worth-it-in-the-long-run/?a=130049-b1a6742db39360a3b3f5ff1a66f1f174" target="_blank" rel="noopener noreferrer">buy a home</a> that may need a makeover, here are a few things to keep in mind:
<ul>
<li>Choose a Good Location: You can repair a house, but you can&rsquo;t change where it is. Make sure the home is in a neighborhood you like or one with increasing property values and a growing number of local amenities. This way, even after you spend money fixing it up, the house will be worth more later.</li>
<li>Budget for Surprises: Fixing up a house can take more time and money than you might think. Make sure you save room in your budget for unexpected repairs or other unknowns that might come up while you're working on the house.</li>
<li>Get a Home Inspection: Before you buy, hire an inspector to check out the house. They&rsquo;ll help you determine the necessary repairs, so you don&rsquo;t end up with expensive surprises later.</li>
<li>Plan Your Priorities: When deciding what to tackle first, it helps to categorize your goals. Think of your home in three ways: the must-haves (essential repairs), the nice-to-haves (upgrades that would make life easier), and the dream-state features (luxuries you can add later). This will help you prioritize and stick to your budget.</li>
</ul>
Remember, the perfect home is the one you perfect after buying it. By starting with a fixer upper, you have the opportunity to customize a home to your liking while saving money on the initial purchase price. With careful planning, budgeting, and a little bit of vision, you can turn a house that needs some love into your perfect home.&nbsp;
Real estate agents are great at finding homes with potential. They know the local market and can guide you to homes where smart upgrades can add value. With their help, you&rsquo;re more likely to find a house that fits your total budget and has room for worthwhile improvements.
<h3>Bottom Line</h3>
In today&rsquo;s market, where the cost of homeownership can be intimidating, finding a move-in-ready home that fits your budget can feel like a real challenge. But if you&rsquo;re open to putting in a little work, you can transform a fixer upper into your ideal home over time. Let&rsquo;s explore what&rsquo;s possible and find a place that'll work for you.

Is a Fixer Upper Right for You? Looking to buy a home but feeling like almost everything is out of reach? Here’s the thing. There’s still a way to become a homeowner, even when affordability seems like a huge roadblock – and it migh

Thinking of Buying a Fixer Upper ?

A portion of our agents&rsquo; earnings benefits the communities we serve. A portion of every transaction fee received by EXIT Realty Corp. International is applied to our charitable fund and those funds are distributed through the Spirit of EXIT Dollar-for-Dollar Matching Program. This program makes it possible for EXIT Realty Brokers and Agents to raise funds for local, approved, registered charities and submit a proposal for those funds to be matched from our pledged pool of funds. To-date, more than $6.8 million has been allocated to charity. Thank you for trusting EXIT Realty.
<a href="https://realestateindustryleaders.com/category/spirit-of-exit/">https://realestateindustryleaders.com/category/spirit-of-exit/</a>

A portion of our agents’ earnings benefits the communities we serve. A portion of every transaction fee received by EXIT Realty Corp. International is applied to our charitable fund and those funds are distributed through the Spirit of EXIT Dol

A portion of EXIT Realty earnings benefits the communities we serve.