Build What You Want

Written by Jim the Realtor

December 18, 2014

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(before version above)

Buying a fixer and doing a remodel is a viable alternative for those frustrated with trying to find a ready-made, suitable house:

5 Comments

  1. Eddie89

    The problem I see though is that many “fixers” are turn-key priced!

    $650K and it needs lots of work!

    Forget that!

  2. Dan Tanner

    I didn’t see a remodel. It looked like a brand new house.

  3. Jim the Realtor

    Shop very carefully, and get good help!

  4. elbarcosr

    Ditto to Eddie89. People are pricing fixers in-line with comps of fully rehabbed places. Makes sense, they ain’t gonna give it away. Plus, many with a “vintage” house can’t appreciate the true cost of remodeling. People always seem to forget the cost of carry. If you go big like this del mar one, add the cost of the loan, and taxes and insurance for 12-18 months to the GC’s bill (bid price plus 15% or more). In many cases it makes total sense, but tread carefully and, of course, Get Good Help.

Klinge Realty Group - Compass

Jim Klinge
Klinge Realty Group

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