How to Identify a Fixer-Upper

Huerkamp Home Group Minnesota Real Estate Podcast

Identifying a property as a good fixer-upper involves looking at certain aspects of the property. For example, does its style fit the style of the neighborhood?

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How do you identify a property as a good fixer-upper? There are four things to consider:

1. Location, location, location. It’s important to consider this because you can’t change location.
2. The yard. Make sure the contours of the yard fit your specific needs because it’s very expensive to add more of a yard onto a property.
3. The general style of the home. Does it fit in the style of the neighborhood you’re looking in?
4. Square footage. Just like the yard, it’s important that the square footage fits your lifestyle because adding on can be difficult and very expensive.
   Adding more square footage can be difficult and expensive.

If you have those four things going for you and the home has a good foundation, then it could be a good candidate to be a fixer-upper.

Stay tuned for the next part of our three-part series dealing with fixer-uppers. If you have any questions, please don’t hesitate to give me a call or shoot me an email. I look forward to hearing from you.