If Chip and Joanna Gaines have taught us anything, it’s that fixer-uppers can be downright appealing. Many buyers love the idea of buying an old home and making it their own. But just what is it about these older homes that have buyers so enthralled? Let’s take a look at why so many homeowners are choosing to buy and live in an older home that could use some work.
One of the biggest reasons that homebuyers like fixer-uppers is that they can be so affordable. In some cases, an older home that needs some work can be purchased for a fraction of the cost of a newer, move-in ready home. Buyers that don’t mind putting in a little elbow grease to transform a fixer-upper into their dream home can get a serious bargain. However, you should also keep in mind the cost of the repairs when deciding whether or not a fixer-upper is actually a good deal.
They have character
Not everybody wants a cookie-cutter house in a master-planned community. That’s another reason why older fixer-uppers are so popular with some buyers. In these types of homes, you may find wonderful and unique details like crown molding, built-in window seats, or even a dumbwaiter! For those who want to live in a home that isn’t like everyone else’s, a fixer-upper can be a great choice.
They spark your creativity
If you’re a creative person, then a fixer-upper can be your best muse. Putting your own special stamp on a home can be very appealing, and fixer-uppers give you many opportunities to flex those creative muscles.
They connect you with history
Fixer-uppers tend to be older homes, and many of them have a rich history. If you love feeling connected to the past, then a fixer-upper is a wonderful way to do that. Learning about the time period that your home was built can be a fun process. You may also find clues in the house, like newspaper clippings or old photos and letters. You can research the history of the home itself and find out about the people who used to live there. These homes are filled with stories and owning one can be very meaningful.
They let you use your skills
Are you handy with a saw? Do you love shopping for new power tools? Then owning a fixer-upper can be the ultimate project. Those who love to DIY are naturally drawn to older fixer-uppers, which often require a hefty amount of repairs and regular maintenance. Just be sure you know what you’re getting into — and that your skills are up to the task. As long as you’re willing to put in the work, the outcome can be extraordinary.
They tie you to the community
Finally, owning a fixer-upper can make you feel like a part of your community. Your neighbors may remember playing in the house as a child, or perhaps they were friends were the former owners. It also ties to you a huge online community of people who love to restore old homes. If you love to feel like you are a part of something special, then owning an older fixer-upper can be a positive and rewarding experience.