Is it cheaper to buy a new house or remodel an old one?
In most cases, a home that needs renovations is going to be cheaper than new construction. It is important to understand what you are getting into when you buy a home to renovate, however. If the costs of the renovations are too high, then you won't have much of a return on your investment.
Planning your renovation budget accordingly to the area and overall market, is key. You don't want to invest high end finishes to a home where you will not see the return.
Please reach out for more information. I would love to be of assistance in helping you make the right move for your family!
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Comments:
Post Your Comment: