Helen & Danny Cheek | Lebanon Real Estate, Springfield Real Estate, Marshfield Real Estate


f you are on the fence about buying a fixer-upper house, you may be wondering if it’s as affordable as you think it might be. Depending upon what needs to be done in the house and how extensive the projects are, you may be in over your head buying this type of home. Here’s a few things that you should consider before you buy a fixer-upper:


Can You Do Any Of The Work Yourself?


If you watch any television remodeling show, you think that remodeling can be done in an hour. They make it look so easy! Too bad it isn't like that in real life. If you attempt a job, and it takes longer than it normally would, that can set you back on dollars. Even worse, if you can’t complete the job yourself, you may need to hire someone to finish it, which will cause you to incur unexpected costs. Ask yourself the following questions before you decide to undertake your own home improvement projects in a fixer-upper home:


  • Do You Have The skills? 
  • Do you have the time to complete the job? 
  • Will doing the repairs stress you out? 
  • will you be happy if the results are less than professional? 
  • Do you actually want to do the job yourself? 


Before You Make An Offer, Price Out Repairs


Before you even make an offer on a fixer-upper home, make sure that you find contractors and price out the repairs that the home will need. If you do decide to do the work yourself, make sure that you price out the supplies that you’ll need. No matter what you decide to do for your repairs, you should add an additional 10-20% on to the estimated costs for other unforeseen problems.   


Don’t Forget About Permits


You’ll need to check out the permit costs for any and all repairs. Doing work without a permit may save you money, but it could cause problems once you try to resell your home. Contractors can arrange the permits for you. Getting these permits can be a time consuming matter and frustrating at times, so be prepared to go through some paperwork when you start the repair process. 


Understand The Cost Of Major Structural Work


If the home needs major structural work, it’s a good idea to hire a structural engineer for a few hundred dollars in order to inspect the home before you even put in an offer. This way, you can be confident that you have everything budgeted properly and understand the full extent of the problems. 


Generally, it’s not a great idea to purchase a home that needs major structural work unless you fall into the following categories:


  • You’re getting a great discount
  • You understand all of the problems that you’re facing in the home
  • You know for sure that the problem can be fixed
  • You have an estimate for the repairs
  • You know how you’re financing the repairs
  • You have the budget to complete all of the repairs. 


There’s a lot to consider when you’re buying a home that needs significant repairs. It can be a great bargain if you have the budget and the will to complete the projects at hand. Just know what you’re getting into when you buy a fixer-upper home!   


This home would make a perfect homestead that is inside the city limits and only minutes from I-44. The convenience of city life with the feel of country living. Home has 3 bedrooms, office and 2 baths, but could easily be made into 4 bedrooms. Master bedroom is 25x13 with walk-in closet. Home features 2 attached 2 car garages. 3.61 acres with a barn and pond. Home has many upgrades with a large workshop. The wrap-a-round porch is where you can spend many hours enjoying county living.

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Looking to sell your home? If so, it often pays to learn about the real estate market.

A knowledgeable home seller understands how to operate in any housing market conditions. As such, this individual can plan a successful home selling journey from day one until the final closing date.

Ultimately, there are many best practices for selling a house, and these include:

1. Clean Your House Both Inside and Out

A homebuyer's first impression of your house likely will impact his or her decision to submit an offer on it. Thus, if your home has a pristine exterior and interior, you can increase the likelihood of generating plenty of interest in your residence.

To boost your house's curb appeal, you should mow the front lawn, trim the hedges and perform myriad home exterior maintenance. Also, if there is chipped or cracked siding or other home exterior issues, you should complete assorted home exterior repairs as soon as possible.

When it comes to your home's interior, you should allocate significant time and resources to clean and declutter. Mop the floors, wipe down countertops and clean each room of your house. In addition, remove excess items from your home to show off the full size of your living space.

2. Conduct a Home Appraisal

What your home is worth today is unlikely to match what you initially paid for your house. Fortunately, a home appraisal can provide you with a good idea of the current value of your house based on its age, condition and other factors.

During a home appraisal, a property appraiser will evaluate your residence. Then, the appraiser will provide a property valuation.

With a property valuation in hand, you'll be able to establish a competitive price for your residence. And as a result, you can boost your chances of a quick home sale.

3. Collaborate with a Real Estate Agent

Selling a home may seem like a long, arduous process. However, if you collaborate with a real estate agent, you can take the guesswork out of selling a residence.

A real estate agent will learn about your home selling goals and help you plan accordingly. Therefore, if you need to sell your house quickly, a real estate agent is happy to assist you. Or, if you prefer to take a wait-and-see approach to the housing market, a real estate agent can help you do just that.

Furthermore, a real estate agent is a home selling expert who can provide recommendations and suggestions. If you have questions about how to upgrade your house's exterior, a real estate agent can put you in touch with local landscapers and contractors. Comparatively, if you're unsure about how to price your house, a real estate agent can provide you with housing market data to help you make an informed decision.

When it comes to selling a house, working with a real estate agent is ideal. Reach out to a local real estate agent today, and you can seamlessly navigate the home selling journey.



This listing recently sold for $150,000.

703 Willow, Marshfield, MO 65706  

Residential
$114,900
Price
$150,000
Sale Price
4
Total Rooms
3
Bedrooms
2
Baths
Very nice 3 bedroom 2 bath home in the city limits of Marshfield. Conveniently located to stores and shopping. Owner has done an amazing job re-doing all the floors and home as a lot of updates. There is a shed located on the property but it is not included in the sale.


1485 559th Road, Brighton, MO 65617  

Residential
$128,900
Price
7
Total Rooms
3
Bedrooms
2
Baths
Nice large 3 bedroom manufactured home on almost 3 acres with full walk-out basement. This 3 bedroom 2 bath home is located just outside Springfield in Polk County. The owners have a lot of pride in the home with a mature strawberry bed, asparagus bed, and garden. The property has numerous fruit trees. This property also has a large workshop that can hold 2 additional cars and another small shed. The propane tank is owned and is staying with the property. The kitchen is large with eat-in table or could be converted into to hold a large island. The range is gas and all appliances stay. This location is perfect for anyone working in Springfield or Bolivar. It has easy access to Hwy. 13, yet nestled in the country. The home has a large covered back porch and a wood-burning stove that can be used for heat. This home will qualify for FHA, VA, USDA, Conventional or cash sale.




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