Fixer Upper Homes In Fremont CA
Fixer upper homes in Fremont CA can turn out to be goldmines if you know exactly what to look for whenever you’re looking to buy one and flipping it for profit. But once you make up your mind to buy you’ll have to look beyond the surface of the structure to ensure the property is worth whatever amount you’re paying for it. But how can you tell if the fixer upper you’re considering is the right one or not?
What to consider before buying fixer upper homes in Fremont CA
You shouldn’t overlook any of these whenever you’re looking to buy a fixer upper:
1. The foundation of the fixer upper home
It’s somewhat easier to see the interior and exterior parts of a fixer upper home. But what about the foundation? So look beyond the surface of whatever fixer upper you’re considering and inspect its foundation thoroughly. Look out for slopping floors and check for visible cracks and if the floor is slanted.
Find out if you have to fix the existing foundation or build a new one. Find out if the structure has a crawl space and carefully inspect it to find out if water is seeping into the crawl space or basement. Before you make up your mind to buy the property, consider the cost of fixing whatever defect you find and then discuss it with the homeowner or real estate agent.
2. The landscape of the fixer upper home
Beautiful landscapes aren’t hard to notice. Look around the landscape of the fixer upper home. Do you see a landscape that will add more value to the property or one that will turn off potential buyers? If the landscape has trees and other beautiful plants or even a garden that makes it more appealing, consider it an extra value for the property.
However, if the landscape is full of disease ridden trees and plants you’ll have to get rid of consider it an extra cost on your renovation bill. Also, if the landscape lacks an instant curb appeal, be careful about buying the property, you may end up spending a huge sum just to boost the home’s curb appeal.
3. The roof of the structure
Too many potential buyers make the mistake of overlooking the roof of fixer upper homes during inspection. You shouldn’t make that same mistake. So just before you conclude, check the roof and inside ceiling for any sign of leakages. Also, look up to find out if the ceiling is sagging. If it does, it could be an indication of beetle in the rafters. Make sure you look closely to find out if the ceiling has been prepared over to cover up any crack. You can’t be too careful when you’re inspecting fixer upper homes in Fremont CA!
4. The plumbing system of the fixer upper home
Plumbing is one of the most expensive repairs in any fixer upper homes in Fremont CA. So inspect the plumbing system thoroughly before you make up your mind to buy the property or not. Find out if the house plumbing system is made of galvanized piping and cast irons. Such plumbing systems require replacement after 50 years to ensure good water quality and to prevent leakages.
Defects in the structure that aren’t visible or are hidden are called “latent defects.” For instance, hidden water leaks or intrusions that are hard to notice or have been hidden with a fresh coat of paint are latent defects. So consider how much you’ll have to spend to fix latent and visible defects so you won’t end up overpaying for the property.
5. Kitchens and bathrooms of the fixer upper
It’s easy to fret over the poor condition of the fixer upper home’s bathrooms and kitchens. So just before you sign any deal for the property, do the math. Count the windows and kitchens in the entire property and consider the cost of fixing each of them. The good news is remodeling the kitchen and bathroom will boost the property’s value and make it more appealing to potential buyers.
6. The Electrical system of the fixer upper homes in Fremont CA
Damaged or poor electrical system can trigger fire easily especially if a naked wire come in contact with water. Leaking roofs, broken windows or doors can easily let rain water in. so consider the cost of fixing or upgrading the electrical system of the fixer upper home before you decide to write a check. Having a good and functioning electrical system will boost the value of the property and make it more appealing to potential buyers.
Bottom line
Other things you should consider when you’re looking to buy a fixer upper home are windows and doors, location of the property, your budget and the landscape of the property. You’ll need all these tips too even if you’re wondering how to market fixer upper for sale in Fremont CA.