While it’s a big decision, there’s no right or wrong answer here. However, there are definite advantages and disadvantages you will want to consider before embarking on either pathway.
Move-In-Ready
Move-in-ready homes are great!
From modern appliances to newer window and roof systems, your move-in ready home often means lower utility bills.
You can also find updated features, such as security and smart-home systems, pre-wired cable and internet, and up-to-date design features like open floor plans and walk-in closets.
Plus, you can move in and start living right away.
But this doesn’t mean move-in ready homes are always the right choice.
Fixer-Upper
Your typical fixer-upper is priced a good deal cheaper than a comparable move-in ready home, which means your property taxes and insurance will be lower, as well.
One of the most significant advantages of a fixer-upper is the equity building potential. If you’re fixing it up in the right places, your home should be worth more than you paid for it pretty quickly.
Plus, if you’re a fan of unique architectural and design details, a vintage feel, taking on projects, or customizing things to be precisely what you want, a fixer-upper could be a clear winner for you.
The choice is yours, and it’s hard to go wrong with either option.