Today’s Home News reveals where fixer-uppers can cost more and aren’t always a smart investment, and what home decor realtors say to avoid when staging a home for sale.
How do fixer-uppers cost more?
While the median cost of a fixer-upper home is about 45 percent less than turnkey homes in the U.S. at $225,000, the cost of home improvement makes owners end up spending more in 50 cities, according to Porch.com.
Here’s why fixer-uppers can cost more: For whole-house renovations, the median cost is $130 per square foot, according to the online Remodeling Calculator. An average fixer-upper can end up costing 15 percent more than a same-size turnkey home in the same city.
Still, fixer-uppers are at least 75 percent less expensive in some cities (like New York, NY; Jackson, MS; Birmingham, AL; and Toledo, OH) than a comparable turnkey home.
Real estate agents are telling Apartment Therapy that red is the worst color for interior walls. They also say to not mix appliance brands and to use a statement counter made of stone as an accent instead of a bold wall color.
Did you know that fixer-uppers cost more in some cities?
Is red and other bold paint colors a turn-off during a home walk-through? Do you prefer seeing a home in neutrals? Comment below, or send us a note.
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