Is this a frustrating market for home buyers or what!? With our record-low inventory, buyers and their agents are worn out from putting in offer after offer. Here are some ideas to help:
Don’t go for the perfectly-updated home. Be willing to do a little work yourself. This is absolutely the number one way to save on a home.
Do be flexible on your floor plan, location, school district, and even price range.
Above all, don’t overestimate what it will cost (time and $$) to update/upgrade the house to what you have been dreaming of:
Appliance packages can save you a bundle. There are appliance packages at Best Buy for a stainless refrigerator, dishwasher, range, and microwave/range hood as low as $1,500—really.
Don’t let flooring cause you to reject a home. The new luxury vinyl planks look great and are inexpensive. Rip the old, yucky carpet out yourself—it is kind of fun and not difficult.
Odors are a turnoff! Smoke smell can be cleared out with ozone machines, thorough cleaning, and repainting. Replace carpets that have pet stains.
Everyone knows that a little paint can go a long way. If you aren’t good at it or just hate doing it, it may not be as expensive as you think to have it done professionally.
Wallpaper removal is one exception. You may actually not want to deal with this one. Many people did not properly prepare walls before installing wallpaper, and it can really create a nightmare for removing it. Most painters suggest smoothing the seams and painting over it.
Landscaping is easy and fun to do and makes such a wonderful change in the appearance in the home. It is great therapy to work in the yard, so don’t rule out a home with weeds, thin grass, and blah bushes.
If the furnace, air conditioner, and/or water heater are old, deal with it, so long as they are functional. Ask the seller to provide a two-year home warranty. Then make sure you keep up the warranty when it is time to renew!