BAP Blog Buying a fixer upper home in Greeley Colorado or Weld County by Realtor Marc Oster
Buying a fixer upper home in Greeley Colorado or Weld County by Realtor Marc Oster
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May 26, 2009, by Marc Oster

Have you thought about buying a home that needs a little or maybe alot of work either to live in or to sell for a profit.  There are some good deals out there if you are willing to look and do some research.  EVen if you see a house that is very cheap you need to know what it will sell for when you get done fixing it up.  Say you find a home in Greeley Colorado for $25,000.  That's a great deal right?   Well not much money to buy.  But what will it be worth to fix up and resell.   Probably in the area of Greeley Colorado where these types of homes go for $25,000 it would sell for $60,000 in a reasonable amount of time.  But you most likely would have to put quite a bit of money into it.  Then there are the real estate selling expenses, holding expenses and capitol gains taxes.   Is it worth it.   Somettimes it is. 

If you are buying a fixxer upper to live in yourself in the Greeley Colorado Real Estate Market you don't have to research as much on how much it will sell for, but don't forget that value either in case you have to move in short notice. 

Check out this video from This Old House about fixxer upper homes. 

 

I thought that video had some good information.  If you would like a list of affordable homes that are on the market in Greeley Colorado or the rest of Weld County just fill out the form at the bottom of this page with what your plans are and I'll be happy to help you.

For complete details on everything Greeley Colorado Real Estate visit my website at http://www.greeley-weldcountyhomesforsale.com

 

Marc Oster

Y and M Real Estate LLC

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