Buying a fixer-upper does have its advantages for those who are handy around the house, but taking on a project of that magnitude can be a daunting challenge. That's why many people would rather purchase a move-in ready property because they appreciate the benefits that come with it.
If you’re unsure which choice is right for you, then consider the differences between buying a fixer-upper and a turn-key style home.
Some benefits of buying a move-in ready home are:
- 1. It makes the home-buying process much simpler. When you’re able to purchase a move-in ready home in your ideal neighborhood, you are saving yourself a lot of time and stress. There are many steps to follow, of course, but buying a turn-key house lets reconsider your renovation budget. You won’t have to reimagine each room. Instead, what you see is exactly what you’re buying.
- 2. There’s no work involved. Many people prefer move-in ready homes because they want to walk right into their new place and not have to do a stitch of work. If you're in this category, then this type of property is your best option. This way, you won’t have to hire a contractor, pick out flooring, paints, kitchen countertops and cabinets, or deal with unforeseen expenses that can arise in any renovation project.
- 3. You don’t have to live in a work zone or find another place to stay until the work is done. When you purchase a fixer-upper, you may have to live in the middle of the renovation chaos or find another place to stay until the project is complete. Finding a temporary living situation be a headache after you've gone through the stressful process of buying the house. Any unexpected delays as you fix up your new place could force you to stay put for a while in your temporary abode. And that could cost you money if you end up staying a hotel. For some people, it just isn’t worth it. Move-in ready homes let the buyer move right in and start decorating, rather than knocking down walls and starting from scratch.
