When looking at Denver real estate, we’d all like to find a property that’s in perfect shape: beautiful landscaping and fresh paint on the exterior; shiny wood floors, spotless carpet and invitingly colored walls on the inside.
But perfection often comes with a big price tag, and homebuyers who can look past certain flaws to see a home’s potential can save thousands of dollars.
In an article from Inman News, reporter Paul Bianchina urges buyers to look beyond what he calls the “four C’s”:
The place may look a little rundown and dated, but is it structurally sound? If so, cosmetic changes can always be made once you’re in the home — and chances are they will cost far less than buying a home that has already been renovated.
Bianchina acknowledges that this approach can be risky. “If this is a house you are seriously considering,” he writes, “it’s time to call in a home inspector or other professional to help you evaluate how extensive any potential problems might be.” But if the inspector gives a thumbs up, you just may have found a bargain.
Not a fan of the hot pink wallpaper in the bedroom or the pea-green paint in the kitchen? Remember: these are surface issues. A few cans of neutral-colored paint, and the house can easily be transformed into the home of your dreams. Need some color inspiration? Check out ideas here.
Some sellers just can’t seem to let go of things. Their closets are overstuffed; their rooms are overflowing with figurines, family photos, books, and other odds and ends. This can make a home feel much smaller than it is. “Don’t let that throw you,” writes Bianchina. “If you’re a savvy buyer, you can learn to look past the clutter and visualize how your own furniture will look in the space.” Bring a tape measure with you when house hunting, he adds; it will give you the reality check you need.
A dirty home is a major turnoff – but you can use this to your advantage by offering a lower price than you would for a home that’s sparkling, as other buyers will likely be put off by the home’s appearance as well. A little bit of elbow grease before you move in and, voila, problem solved!
Start your Denver real estate search here to find a home that needs this little bit of work and can save you money!