Buying Highlands NC Real Estate, Project or Perfect?
Do you want a project or something perfect and ready to move into when buying Highlands NC real estate? This is an important question to ask yourself. However, you may not know the answer. Or, the answer may be dependent on the price of a home. Some buyers are looking for a move-in-ready home, others are looking for a project. Yet, there are buyers that prioritize other things, like price or location. In this instance, a buyer could select either option. Regardless of the answer, one thing is for certain: condition affects the value of a Highlands NC home for sale.
There is no doubt that a Highlands NC home in perfect condition will fetch a higher asking price than that of a fixer-upper. Therefore, the offer for a home will depend on its condition. However, the extent of needed improvement should be heavily weighed prior to a home purchase. Every home sale will include an inspection and every inspection will reveal issues. What will be different is the extent of the issues. A new roof, for example, will cost a lot more to repair or replace than a leak in the irrigation system. Evaluating the costs of repairs and renovations should be part of the negotiation process.
Renovations involve money and time
When a buyer is not satisfied with the condition of a Highlands NC property the changes will be necessary. When a home is located in the ideal location, at the ideal price, or with the ideal layout then the changes will be worth it. However, change come with some costs, including the cost of convenience. Weighing your options with a Highlands NC REALTOR will be helpful.
Learn more about buying Highlands NC real estate
Contact our team at Berkshire Hathaway HomeServices Meadows Mountain Realty today to learn more about buying a home in Highlands NC. We welcome the opportunity to update you on the market while getting you prepared for your property search. Let our knowledge and experience serve as your guide to buying Highlands NC real estate.
Click here to read “Seeing It All When Viewing Property” from Realty Times.