5 views • Feb 21, 2024 • #pnw #roi #olympiarealestate
Buying an older home and fixing it up can be an advantageous strategy for first-time homebuyers seeking a great return on their investment. Older homes often come with a lower initial price tag compared to newer, cookie-cutter homes, allowing buyers to potentially secure a property in a desirable location at a more affordable price point. Moreover, older homes may possess unique charm, character, and architectural features that are not typically found in newer constructions, making them appealing to buyers seeking individuality and authenticity in their living space. By investing in renovations and updates, first-time homebuyers can tailor the property to their preferences and increase its market value over time. Additionally, renovating an older home offers the opportunity for buyers to build equity through sweat equity. By investing time and effort into DIY projects or overseeing renovations, homeowners can significantly increase the value of their property without necessarily spending a fortune upfront. Furthermore, older homes often occupy established neighborhoods with mature trees, larger lot sizes, and proximity to amenities such as schools, parks, and shops, enhancing their overall appeal and potential resale value. My favorite designer in the #pnw is hands down @sparrowdesigncompany – Not only is Lauren the Best – I can speak first hand, as she designed my entire home. And let me tell you, she not only made my home amazing! But my #roi on my home tripled from her design style for our lake front home! #olympiarealestate #olympiarealtor #thurstoncountyrealestate #thurstoncounty #tumwaterwa #tumwaterrealestate #pnw #pnwrealestate #pnwexclusive #listingagent #marketingspecialist #washingtonstaterealestate #exprealty #pnwhomesgroup #firsttimehomebuyer #topproducer #justsold #homebuyingspecialist #Investor #homedesign #returnoninvestment✅ #olympiawashingtonrealestateagent My Listings: https://beacons.ai/olympiarealestate
Ron Rougeaux 