Friday, August 16, 2013

Right neighborhood, wrong house? Think again.


Knipp Contracting Kitchen Remodel Before and After
Don't be a discouraged by a property that needs a little work. If you can see a home's potential, we can help you realize it!
Facing real estate inventory shortages, it's more important now than ever to see the potential in a home. You may have trouble seeing past the cosmetic, and even structural, issues with a property. But as we all know, location trumps all and should be the primary goal when finding that perfect home.

We get asked all the time about how to sell someone, oftentimes the asker themselves, on a property that needs repairs. After all, when you're standing in a shell of a kitchen with water damage, mold and the sound of little feet scurrying between the walls, it's hard to picture that magazine-perfect culinary haven, let alone find the desire/courage to tour the rest of the property.

Here are a few of our favorite tips for thinking in terms of what could be, not what is:

1. Value: There's usually no better value than the least expensive house on the block. It's sure to have its deficiencies, though a few key improvements can get it up to par with the comparable properties in the neighborhood and score you some major equity relatively quickly.

2. Customization: Buying a property that you plan to remodel opens up a world of custom design that you can't even get from most new construction offerings. From rearranging the floor plan to the finishes on the cabinetry, remodelers can build to their exact specifications and taste every step of the way. Now arriving at a design that appeals to both you and your spouse's styles? We'll cross that bridge when we get there…

3. Location: Obviously there's some appeal to your target neighborhood: the school district, your nearby friends and family, the proximity to work, and many other considerations. These factors cannot be changed, unlike the 80s era bathroom or popcorn ceilings. While the turnkey property 20 miles outside of town might sound appealing in the short term, it's important for you to consider the long term benefits of buying in your ideal neighborhood.

So remember, don't settle for second best when it comes to property location. With the right contractor on your side, you can have it all: the house of your dreams in the neighborhood that you love!



Do you have a home remodel or addition in your future? Give Knipp Contracting a call at 623-561-0803, we're here to help!

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