Choosing a Fixer-Upper for Affordable Residential Real Estate in Ottawa, ON

by | Jul 12, 2023 | Real Estate

Residential property in Ottawa is expensive in 2023, a situation that is common throughout much of Canada and the United States. Men and women may despair of ever buying a house until they decide a fixer-upper would be suitable. Before making the purchase, consumers should develop a plan for improving the real estate in Ottawa, ON they have decided upon.

Priorities and Time Estimates

The prospective homeowners must determine everything they want to change about the house in order of priority. They may want to estimate how much time each task will require. People who buy fixer-uppers often underestimate the length of time needed, so doing some research on the various improvements is advisable.

Interior vs. Exterior

Unless there is a structural problem like a leaking roof, people usually address the interior of a fixer-upper first. The exterior appearance typically can wait, even if the house looks somewhat shabby.

Projects

The fundamental necessities in the house should be tackled first if they need upgrading or repair. Hiring an electrician to upgrade wiring and other electrical features is recommended since most individuals don’t have these skills. The new homeowners may be able to replace outdated plumbing fixtures and fix leaks. Afterward, it may be time to work on kitchen and bathroom renovations, replacing flooring and painting the walls.

Finding the Home

By choosing this type of real estate in Ottawa, ON, consumers can buy a more affordable home and not struggle financially. Working with a realtor allows them to concentrate on other aspects of life instead of having to continually check listings. They provide the agent with their maximum price and a list of requirements and preferences.

Contact Hamre Real Estate Team RE/MAX Affiliates for more information about Affordable Residential Real Estate in Ottawa, ON.

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