Market Value of Your Fixer-Upper House

1. To the seller, any repair and refurbishment expenses as well the purchase price of the property must be reflected right away in the estimated price to yield a positive return on investment.

2. Buyers on the other hand should look at the overall condition of the house. Add the possible expenses for repairs to the asking price. If it amounts to getting a new house, then it may not be a good buy at all.

3. The location of the property is a significant consideration, too. Being near establishments, offices, schools and tourist spots can give the fixer-upper house an edge.

4. House features like nice bathrooms, great kitchens or good interiors can also give extra value, especially for the 'picky' market.

5. Canvass other houses. This can give you a good idea of the general price range to expect on a particular type of house.
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Bathroom Remodeling

Although the bathroom, compared to all the other rooms in the home has the smallest area, a "major bathroom remodeling" can be costly; in fact can be compared to renovating a small house. Upgrading your bathroom appliances as well as knocking down walls are generally the scope of "bathroom remodeling" jobs. You will need important help that will include a designer or architect, an electrician, . . .