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Bargain Properties >Bargain Homes
Most buyers want a home that is in tip-top condition and ready for them to occupy, but many homes sell for bargain prices because they need work. Buyers love "fixer-uppers" for the obvious reasons: the affordable price and the satisfaction of remodeling the house to accommodate your tastes and needs.
Whether you are buying the property for yourself or as an investment, choose a house that is in a good location and structurally sound. It should be priced enough below market value (usually 25%) to allow plenty of room for a profitable re-sale after the work is completed.
It is important to educate yourself before taking on a fixer-upper project. Inexpensive cosmetic improvements often give the greatest return on your investment-- paint will increase the value three times for every dollar invested. Landscaping, carpeting, and light fixtures are also relatively inexpensive improvements. Try to avoid purchasing a house that needs expensive structural improvements such as a new roof, plumbing, wiring, or foundation repairs.
Remodeling a kitchen will rarely add more than the cost of the upgrade, but new appliances usually give a fine return. An extra bathroom is the best renovation from an investment point of view, often giving twice its cost in added value.
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| Q |
What was the location for the classic silent movie scene where Harold LLoyd dangles from a huge clock high above the city?
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| A |
That scene from "Safety Last"was filmed at the Brockman Building, one block south of the Biltmore Hotel in Los Angeles. |
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Jim and Kate Potterfield
RE/MAX Results
4700 Hampton Ave
St. Louis, MO 63109
Phone: 314-504-3212
Fax: 314-352-7655
Office: 314-352-7770
Email: jimpotterfield@NUMBER1EXPERT.com
Email: jpotterfield@hotmail.com
Hi! We're Jim & Kate Potterfield and we are eager to help you achieve your Real Estate goals. We want you to be happy with our service, We have 3000+ happy customers-we want you to be one too! Our office manager, Tammy Sessler will ensure that your transaction is handled to your satisfaction. Our motto is" Experience... the difference!   
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