To Remodel or Not: How to Buy a Property Right in a Hot Real Estate Market

April 2, 2019

Old vs. New, what is a better opportunity for you?  In our market, most Buyers are looking at newer properties with lighter contemporary finishes.  I've worked with many Buyers around this season, as well as consulted Sellers or marketing their properties.  For the most part, Buyers want something they can walk into and not have to do any remodeling.  These days, light colors and a more contemporary finish is selling quicker than the heavy dark mountain feel.

While inventory is still low, this will also create n opportunity for Buyers willing to take on a home that needs some work, a lot of the "idle" inventory needs to be updated.  While each situation is different, it's amazing how in some cases a little effort can of a long way.  Just changing paint colors can sometimes do the trick.  In kitchens and baths, instead of new cabinets, maybe pinging the cabinets or replacing the doors and countertops can make a big difference.  Not very project has to be gutted or torn down.

Below are a coulee of Before and After photos of a home that has new flooring, paint, and stain. Prior to the remodel this was your classic "mountain log" interior, and now with just some color changes you can see what a difference it makes.  Lucky for you, I could only find a Before picture of the finished with me in it headed to a costume party.  We painted the ceiling dark, painted the trim all white, and brought the look up to date for a lot less money than gutting to the studs.

Screen%20Shot%202019 03 20%20at%2010 Screen%20Shot%202019 03 20%20at%2010

This is a townhouse in Deer Mountain where just some color changes and inexpensive tiles bring it up to date.

 Screen%20Shot%202019 03 20%20at%2010

Screen%20Shot%202019 03 20%20at%2010

If you are one of those Buyers that is willing to take on a project, it's time for us to discuss. your needs and allow us to find the right property to transform into your Park City Dream Home.  Call us today!!

Comments

Share this post

Click here!

Scott Maizlish

Regents logo
LRE® Profile More Blog Posts Save Favorite

My Website

Archives

Recent Blog Posts

Virtual Tour- Kolea Villa 9L

Hawaii Luxury Listings, LLC, Hawaii Luxury Listings, LLC — Jul 13

Park City Real Estate is on Fire-How to Win in a Multiple Offer Situation

Mary Ciminelli, Summit Sotheby's International Realty — Jul 13

VALIA Properties Ranked #2 in Orange County

VALIA Properties, VALIA Properties — Jul 13

For Sale: Malibu Beachfront Condo 1991 Sq Feet Of Ocean Views

Tina Lucarelli, Rodeo Realty — Jul 13

Bend Oregon Luxury Home Sales - Trends June 2020

Bend Premier Real Estate, Bend Premier Real Estate — Jul 13

Twitter