With the popularity of HGTV shows like “Property Brothers” where two twin brothers help home buyers purchase and renovate "fixer-uppers” you might be asking yourself “should I buy a fixer-upper?”
For people who love old houses, and love to work on them, the idea of buying a fixer-upper is attractive. But a fixer-upper might also be a newer home that requires very little work.
In fact the ideal fixer-uppers are those that require mostly cosmetic improvements; such as paint touchups, drywall repairs, floor refinishing. All of these generally cost much less than they return in market value. New lighting fixtures, doors, window shutters and siding, as well as updated kitchens and bathrooms, are also very lucrative improvements.