With Canada’s hot housing market, even poorly neglected, rundown homes are soliciting bidding wars from eager buyers. But fixer-uppers can often become money pits as renovations reveal hidden problems that cost more than expected. On the other hand, outdated décor and some unpleasant aromas are an easier fix than you might think. Before you write off a dilapidated home that could be transformed to your needs or sink your savings into a house beyond repair, here’s how you should assess the potential of a fixer-upper:
Remove Distractions
Retro wallpaper, rusty appliances and grandmother-approved furniture are all elements of a home that are easily replaced with the décor and items of your choosing. The same goes for unkept landscaping or messy, cluttered rooms. Do your best to visualize how the spaces would appear without these distracting elements.
Assess the Floor Plan
A good way to look at a fixer-upper without being swayed by distractions is to assess the floor plan. Think about the flow of traffic between rooms and whether the spaces are large enough for your furniture or family’s needs.
“Outdated Décor and Some Unpleasant Aromas are an Easier Fix thank you might think”.
Consider Orientation
Dramatic, saturated hues and heavy curtains can make any room feel dark. But the orientation of the room is indicative of how much natural light it will receive when the heavy, dark décor is replaced with brighter alternatives. South-facing windows let in plenty of warm, natural light whereas north-facing rooms will be darker overall.
Not all Smells are Equal
Be wary of musty and dark odours which are likely a sign of dangerous mold and mildew. But cigarette smoke or pet odours can be reduced or eliminated with a professional house cleaning, replacement of carpeting and removal of the odour-ridden furniture and belongings.
Inspection Help
When you’re ready to buy, seek the help of a qualified home inspector that can identify potential red flags such as structural problems or outdated electrical. These are the types of issues that make or break a fixer-upper.