Thinking About Buying a ‘Fixer Upper’? Here’s What You Need to Know

Thinking About Buying a 'Fixer Upper'? Here's What You Need to KnowWith all of the home renovation and fixer-upper shows on television, the idea of completely renovating and re-doing an old home can seem like an enticing premise. Unfortunately, investing in the wrong fixer-upper can mean an awful lot of expenditure without the added financial rewards. Whether you’re considering investing down the road or are ready to dive in, here are a few things to consider first.

How Much Do You Want To Spend?

It’s easy to be swept away by possibility, but before making an offer you’ll need to sit down and determine exactly what you’re willing to invest into upgrades for your fixer-upper. By deciding what you would want to renovate, what the cost of materials and labor would be and how this figures into the market price of the home, you’ll be able to determine if the price you’re offering will be worth it.

Are Major Repairs Required?

It’s one thing to consider a nice paint job and new tiling in the kitchen, but if there are serious issues with the home, it can create huge financial issues to put money into it. Because foundational issues or water damage throughout the home can be expensive items to repair and will take time and resources, fixing these issues may cost more than the money you’ll make. If you’re uncertain about what you’re getting into, it may be a wise decision to bypass the investment all together.

Are You Willing To Work?

Most home fixer-uppers that people buy can be financially lucrative because the buyer is interested in doing a lot of the work themselves. However, if you’re thinking of hiring people to do the work for you, this can end up costing a lot more money and eating any profits the renovations might have created. It’s also important to realize that renovations can go over budget. Instead of being idealistic about a fixer-upper, ensure you’re certain it’s what you really want so that you’re not stuck with a home you don’t want to invest your efforts into.

The idea of digging in and getting your hands dirty with purchasing a fixer-upper may be endearing, but if you’re not truly prepared for the responsibilities it can be a drain on your time and your finances. If you’re currently considering purchasing a home, investment, fixer-upper or your dream home, give me a call – J.P. Cook – 602-320-4253.

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3131 N Central Avenue Phoenix, AZ 85012

$551,900
2 Beds
2 Baths
1,125 SqFt
Status Active
MLS # 6585352
Property Type Apartment
Price Type --
*Construction completed* RATE BUYDOWN INCENTIVE! Introducing Edison Midtown Phase 2 with 60 new construction condominiums. This spacious two bedroom condo offers ten ft. ceilings, an open floor plan, and large master bedroom with ensuite bathroom. Chefs kitchen offers expansive cabinetry, quartz countertops and stainless steel appliances including a gas range. Edison Midtown features incredible amenities for that perfect Urbanite lifestyle. A beautiful pool and lap pool, 2000 sq. ft. fitness center and lounge, and gated parking garage.

4284 Ponderosa Trail Wickenburg, AZ 85390

$551,721
3 Beds
2 Baths
1,811 SqFt
Status Active
MLS # 6453654
Property Type Single Family Residence
Price Type --
This new home is located in Trilogy at Wickenburg Ranch, a premier 55+ and All Ages Golf Resort Community. This beautiful new home features over $150k in upgrades and a $15k premium homesite. Ready for you to move in now, you won't have to wait long to move right into this move-in ready brand-new home on an incredible homesite in our Freedom collection. Featuring 3 bedrooms, 2 baths and a den at ~1811 square feet, this spacious FLOURISH plan features an open great room with split bedrooms. The kitchen includes Built-in Stainless Steel GE Profile Appliances, quartz countertops, kitchen island and expanded upper cabinets. A custom backsplash and upgraded cabinet hardware round out this great kitchen. CONTINUED....... The 15' multi-slide door in the great room opens to the extended patio and landscaped rear yard, which backs to a wash. Other features include an expanded garage, with room for toys and storage, upgraded flooring and sinks throughout the home, brushed nickel fixtures and upgraded lighting throughout. Trilogy at Wickenburg Ranch offers a Guard Gated Community with TWO golf courses - a championship 18-hole Big Wick and the accessible 9-hole L'il Wick, Resort Style Pool, Poolside Bar, Jake's Spoon, a signature restaurant & bar, Alvea Spa, Art Barn, Fitness Center, Pickleball and Tennis Courts, Dog park, The Watering Hole outdoor restaurant at L'il Wick and miles of soft and hard trails throughout the community.

4224 S Crape Myrtle Court Sierra Vista, AZ 85650

$551,696
4 Beds
2 Baths
2,067 SqFt
Status Active
MLS # 6637184
Property Type Single Family Residence
Price Type --
We are proud to offer this exquisite Custom home! Spacious, exciting, with a touch of elegance this 4 bed/2bath is on a quiet cul de sac and over 1/2 acre lot. The open floor plan boasts modern lighting, fantastic kitchen with solid wood cabinets & soft close doors, 6cm granite counters, Frigidaire gas range, appliances, large island & under cabinet lighting, 8ft doors thruout, profiled crown molding & baseboards, 20X20 porcelain tile. Striking direct vent gas fireplace with custom brick veneer highlights the living area. A den/office area for the ''work at homers'' A huge 3 car garage w/insulated doors ready for the toys & cars& all this and more on a spacious lot ready for your pool! RV gate and parking with hookups available. Don't wait as this home is sure to please all who see it.

2420 W Stradling Avenue Apache Junction, AZ 85120

$551,650 - 5Br/3Ba -  for Sale in Radiance At Superstition Vistas, Apache Junction
New
$551,650
5 Beds
3 Baths
2,444 SqFt
Status Active
MLS # 6707690
Property Type Single Family Residence
Price Type --
This expansive 2,444 square-foot single-level home offers the perfect combination of space and comfort. With 5 bedrooms/3 full bathrooms, this residence is ideal for large gatherings for those who love to entertain.The home's open-concept design creates a seamless flow between the main living areas. The kitchen is a highlight, featuring modern appliances with a gas stove, ample cabinetry, a large center island, and a breakfast bar. Adjacent to the kitchen is a spacious dining area that comfortably accommodates family meals and gatherings. The living room is designed for relaxation and socializing, with plenty of natural light streaming through large windows. 3 car garage & HUGE yard! tankless water heater!

5652 W Gulch Drive Eloy, AZ 85131

$551,332
2 Beds
2.5 Baths
1,884 SqFt
Status Active
MLS # 6619929
Property Type Single Family Residence
Price Type --
*This Designer Home* is,, ready for an immediate move in, is one of our most popular floor plans. With a spacious Kitchen & raised height ceilings, you won't believe its only 1884sf, It is Beautifully upgraded with well thought out finishing touches selected by our design team. Robson Ranch was voted one of the top 50 best master planned communities in the county by Where to Retired magazine. Robson Ranch is centrally located between Phoenix and Tucson and offers world-Class, resort-style amenities including: New Clubhouse w/Ballroom/Auditorium, Championship Golf, Heated Indoor and Outdoor Pools, 16 Pickleball Courts, Tennis, Fitness & Creative Arts Centers, Restaurant, Softball Fields, Dog Park & Much more.

1573 S 391st Avenue Tonopah, AZ 85354

$550,000
4 Beds
3 Baths
2,300 SqFt
Status Active
MLS # 6671395
Property Type Single Family Residence
Price Type --
Here is a brand new construction with amazing mountain views where you can enjoy the serenity and amazing sunsets you won't get in the city. This spacious home has split floor plan and second bedroom with ensuite bathroom. The luxurious kitchen includes modern shaker cabinets, a walk-in pantry, generous kitchen island, sleek black and white quartz countertops. Throughout the home, ceramic flooring will offer durability while the bathrooms exude luxury with large marble slab tiles in the shower areas. You will find the spacious laundry room near the main bedroom, as you exit to the garage. Situated on 1.22 acres, there is abundant room to store your recreational vehicles and ideal parking space for semi trucks! Bring your horses, goats, chickens, ducks, atvs, rzrz, rvs, or trailers!

40706 N 254th Avenue Morristown, AZ 85342

$550,000
4 Beds
2 Baths
2,281 SqFt
Status Active
MLS # 6701839
Property Type Manufactured Home
Price Type --
Saddle- up friends! This 3.25 ac Morristown property is primed and waiting for you! This Palm Harbor home is a spacious 4BD 2BA with a living room and a fantastic guy's hangout or family room with fireplace. Split floor plan with a large master bedroom, and very relaxing bath. Three(3) additional guest bedrooms + guest bath. The kitchen is light & bright with plenty of cabinets, pantry, kitchen island, built in hutch area & skylight. Inside laundry with washer & dryer conveying. The horse setup and be easily expanded on this very generous usable land. Separate workshop, nice back patio for entertaining or just relaxing. Plenty of room to garden too! Mature easy care landscape. Room to park RV, trailers, toys, etc. + very close to all Morristown arenas. Seller has just replaced all common area flooring with wood look laminate, added the FHA/VA approved tie-down system, roof is 5 yrs. old and HVAC unit is ice cold at 10 yrs old. This is a fantastic property to make your full-time home or hang your hat in the beautiful AZ winters!

17470 E Hiding Horse Lane Dewey, AZ 86327

$550,000
3 Beds
2 Baths
1,311 SqFt
Status Active
MLS # 6624342
Property Type Single Family Residence
Price Type --
Very Well Built Brand New sitebuilt House on Over 2 Pristine Acres! House is Stucco with the Color throughout with Perfect Santa Fe style finish . Tons of Room for Your Big Shop or Addition! Primary Bedroom Fits King Bed and the Bathroom has Dual Sink in luxury Vanity , Dual Medicine Cabinets, and Primary bathroom connects to the Walk in Closet. Primary Shower is Walk-In and Tiled Floor to Ceiling (Desirable Pebble Shower Floor) w/ Glass Shower Doors Shampoo Shelf and Window all wrapped in tile! House and Even the Entire Over Sized 2 Car Garage has a high Insulation Factor with Superb R-Value Spray Foam . Big Slider to the Massive Exterior Covered Concrete Porch which Features a Designer Pine Ceiling. Area for BBQ and Outdoor Living with Great Temps here! State Land Near By!

6017 N Almanza Lane Litchfield Park, AZ 85340

$550,000
4 Beds
2.5 Baths
2,582 SqFt
Status Active
MLS # 6611049
Property Type Single Family Residence
Price Type --
This amazing home is located in the beautiful Dreaming Summit community, close to the 303 and Westgate district! The home is on an oversized backyard with meticulous play pool, turf grass, lots of space for a pool parties. Updated kitchen with quartz countertop. New light fixtures installed. Totally remodeled bathrooms. It has been freshly painted and is waiting for your personal touches to make it yours

2 E Muriel Drive Phoenix, AZ 85022

$550,000
4 Beds
2 Baths
2,414 SqFt
Status Active
MLS # 6618222
Property Type Single Family Residence
Price Type --
Charming 4-Bedroom Brick Home with a Dream Backyard in Phoenix!** Welcome to this spacious and inviting 4-bedroom, 2-bathroom home located at 2 E Muriel Dr, Phoenix, AZ 85022. This beautiful brick property boasts over 2400 square feet of living space, perfect for a growing family or those who love to entertain. Step inside and discover a bright and open floor plan, ideal for modern living. A large living area with plenty of space for relaxing and gathering with loved ones. A well-equipped updated kitchen with ample counter space and cabinetry. Four bedrooms, offering privacy and comfort for everyone. Two bathrooms, providing convenience for residents and guests But the true star of the show is the backyard! This fully fenced outdoor space is perfect for creating your own desert oasis and entertaining friends and family. Take a dip in the sparkling pool, complete with a thrilling water slide for added fun. Afterward, fire up the outdoor grill and enjoy a delicious BBQ on the patio or deck. The exterior of the home is equally impressive, with a charming brick facade that adds to the property's curb appeal. The front yard features low-cost desert landscaping, saving you money on water bills and upkeep, while still offering a beautiful and low-maintenance aesthetic. Location, Location, Location! This fantastic home is minutes away from everything you need for an enjoyable Arizona lifestyle. Desert Ridge: Immerse yourself in the excitement of Desert Ridge, offering world-class shopping, dining, and entertainment options. Pointe Golf Club: Hone your golfing skills or enjoy scenic views at the nearby Pointe Golf Club. Schools and Colleges: The property is conveniently located near excellent schools and colleges, ensuring a quality education for all ages. Employment Hub: Enjoy the convenience of being close to employment opportunities at Fortune 500 companies. Scenic Beauty: Take in the breathtaking beauty of the surrounding desert landscape. Easy Access: This property boasts easy access to major freeways, including I-17, AZ Route 101, and AZ Route 51, allowing for effortless commutes throughout the Phoenix area. Don't miss your chance to own this move-in-ready gem! This property is priced to sell at $550,000, making it an incredible value.

10055 N 142nd Street Scottsdale, AZ 85259

$550,000
3 Beds
2.5 Baths
1,997 SqFt
Status Active
MLS # 6630441
Property Type Townhouse
Price Type --
Perfect lock and leave property or year round residence in a small gated community with mountain views. This home offers 10 foot ceilings upstairs and downstairs with plenty of natural light. Enjoy your Arizona winters from the main floor courtyard or one of the two upstairs balconies. The kitchen offers granite countertops and matching stainless-steel KitchenAid appliances. Conveniently located near biking trails, golf courses, the Mayo Clinic, BASIS Scottsdale and many grocery and fine dining restaurants close by.

18722 W Denton Avenue Litchfield Park, AZ 85340

$550,000
3 Beds
2.5 Baths
2,843 SqFt
Status Active
MLS # 6634873
Property Type Single Family Residence
Price Type --
Welcome to Zanjero Trails in Litchfield Park. This is the ever-popular 2 story Stella model from Homes by Towne, which features 2843 sq-ft of living space, and sits on a beautifully landscaped lot. This better-than-new home has great mountain views and perfect outdoor area with two pergolas for relaxing or entertaining, open concept main living area with 3 Bed + (DEN and LOFT) + 2.5 Baths + 2 Car Garage. Enter through the new custom front security door, main living area features a light color scheme with rich, neutral colored tile plank flooring and can lighting. Modern kitchen with upgraded appliances, gray granite counters and island, gas range and a spacious pantry. Main living area features two separate patio access doors, joining inside and outside together for those beautiful Arizona days and nights. Main level den/front room makes for a great flex space whether you need an office or a guest room. Upper level features a spacious master bedroom with a full master bath, with dual sinks, separate shower/ tub combo and a walk-in closet. Along with 2 additional bedrooms, full bath and a bright loft area. Beautifully landscaped outdoor space, centered twin pergola design with paver walkway and turf green spaces on both sides, large covered patio area with two patio access doors creating a great flow. Neighborhood and backyard mountain views, offers close proximity to 303 freeway access, LAFB, shopping, dining, entertainment, and health care. Seller has a VA Assumable Loan. This one is sure to go fast, so don't hesitate:)

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