There are many people that are reviewing Yelp and FortuneBuilders not sure whether if they should buy a move in ready home or a fixer upper. Although, there are no easy answers to this question there are things to weigh when it comes to choosing what style of home that a person should purchase. A person should seriously weigh the pros and the cons for each option so that they can make an informed decision prior to being locked into a commitment to buy.
First, a “move in ready home” is just that; move in ready. There is very little work, if any, that needs to be completed in order for a family to move into it. There may be a little bit of painting or decorating that needs to be done, but that would be about it. There should be more major issues with the house that will need attention, and the price will reflect that. People that are not mechanically inclined should opt for this type of house since they would have to pay a contractor to do the work if they were to choose a “fixer upper”.
Next, a “fixer upper” home is a house that may need a substantial amount of work in order to make it habitable. Typically, it may need work done on the roof, plumbing, heating, electrical, or flooring and drywall. This is a great option for people that are looking to save money on their initial investment, and for those that are handy and know how to complete the work in order to make the house habitable. Many of these types of homes can be purchased for a lot less than a “move in ready” home; however, there may be a lot of work to be done on it. While some of the minor work can be done when a person is moved in, such as painting or minor plumbing work, the big jobs such as roofing, installing flooring, and re-wiring the house should be completed prior to moving in.
In conclusion, it is really up to the mechanical aptitude of the person, as well as the budget of the person as to which house is right for them. Some people prefer to be in the market that they can just move into, while others are looking to customize and personalize their home to their individual liking. This is not to say that a move in ready home cannot be customized, but it doesn’t have to be worked on in order to make it habitable.

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