Do you find yourself watching marathons of HGTV?

We have all had those moments after watching marathons of HGTV shows like Fixer-Upper, Property Brothers, and Flip or Flop. Those moments where we think, “I can do that.”

We start dreaming about our future fixer-upper; however, we are usually dreaming about the end result and not the actual condition of the house when we buy it. It is exciting to think about getting your dream custom home for less.

We want you have it all, and we want to help you along the way. If a fixer-upper is what you want, below you will find 3 areas of the home to pay attention to if you are considering buying one.

3 Areas to Note If You’re Buying a Fixer-Upper

  1. Foundation and Structure

When you are trying to identify foundational problems in your home, you are basically looking for cracks. Houselogic.com reminds us not to just look in the basement, also look,

  • On the walls,
  • The doorways,
  • in the vinyl or ceramic tiles,
  • Where walls meet.

In addition, check these areas for possible structural damage,

  • Check to see if the door is jamming or failing to latch,
  • Make sure all the windows open and close easily,
  • In the basement make sure there isn’t any water or water damage.

Structure and foundations problems could cost up to $20,000 or more.

  1. Roof

In an article by MSN Real Estate, the author points out to make sure the roof isn’t sagging. If it is sagging, that could mean it’s bearing too much weight. Most likely this is caused by too many shingles on top of each other.

However, a sagging roof could also be caused by snow damage, especially here in Michigan. 

A new roof could cost you between $6,000 and $8,000 dollars, so make sure that you know what you are getting into.

  1. Electrical

It isn’t uncommon for older homes to have electrical problems. It could be a faulty electrical system or the old circuit-breaker panels aren’t working. Either way, the cost of rehab can be expensive, especially if you have to update the wiring.

Making sure the electrical in your home is critical for your safety and cannot be ignored. LifeHacker reported the cost of a new electrical system around $2,500.

Summary

We would be honored to help you find your dream home. Maybe a fixer-upper is for you and maybe it isn’t. The list above is not exhaustive.

Purchasing a fixer-upper is quite the task, and you may find it helpful to hire a professional to rehab the home, especially if there are any roofing, electrical or structural problems.

If you need any help finding the perfect home for you and your family, please give our office a call. We look forward to hearing from you!

248-348-7200