Reasons why a fixer-upper could be the perfect choice for you.

Today, we'll discuss two things: a quick market update and why you should consider buying a home that's not perfect.

First, let's take a look at the current real estate market. Although inventory has declined for the past three months, sales have also decreased, primarily due to the increase in interest rates. While 2.6 months of inventory is currently available, we want to see a balanced market at around six months.

Next, let's talk about why you should consider buying a not-so-perfect home. The biggest advantage is the opportunity to make the house your own. You can renovate and customize it to your exact taste and preferences, from small changes like paint color to larger remodels like upgrading the kitchen or bathroom.

Additionally, purchasing a home that needs some work can offer tax benefits by allowing you to purchase it at a lower price point, reducing your tax-assessed value. With the help of a trusted real estate agent, you can ensure that the property has the potential for a high return on investment.

Don't dismiss a home just because it's not perfect. With some vision, creativity, and hard work, you can turn a fixer-upper into the home of your dreams. If you're interested in learning more about this option, call or email us for a consultation.