Choosing whether to buy a move-in ready home or a fixer upper is a decision that holds a lot of weight. Going turnkey can relieve some stress, but a fixer upper allows you to customize to your liking. We reveal the pros and cons of each option.
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Photo by Sieuwert Otterloo on Unsplash
Pros of Move-In Ready
No renovation stress
Newer appliances and styles
Move-in ready convenience
Less maintenance due to newer amenities
Trendy design and modern features
Cons of Move-In Ready
Cost of home can be higher
You may not love the design choices
Less creative control
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Pros of Fixer Upper
Typically lower priced
Customize the space to your wants & needs
A great investment opportunity
Can make desirable neighborhoods more affordable
May have less competition due to fixes needed
Cons of Fixer Upper
Can be a lot of work
Unforeseen renovation costs
Time-consuming remodels