It looks so simple on TV: Find a diamond-in-the rough house with “good bones,” hire a few workers, and presto – the home has doubled in value. The reality, of course, is not so easy. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know the first question you should ask yourself is “Can I afford it?” Once you have contacted a general contractor and have been given the general price tag, you can calculate whether you have the funds to cover the cost of renovation. Even if you plan on hiring contractors to do most of the work, coordinating with them still takes a big chunk of time. Doing the labor yourself can save you money, but do you have the skills? If you aren’t ready to commit the necessary hours to the project, it might not be prime time for a fixer-upper. Check out what sold in Country Place in April 2016:
42102 Pellston Drive, Novi: 2 bedrooms, 2.1 bathrooms, 1,120 sq. feet, 1 car garage, Sold Price: $139,900
Country Place Home Sold
April 2016
42140 Roscommon Street, Novi: 3 bedrooms, 2.1 bathrooms, 1,522 sq. feet, 1 car garage, Sold Price: $168,800
Country Place Home Sold
April 2016
Before you dive into a fixer-upper, talk with a Realtor who can help you identify promising homes and emerging neighborhoods where you might get the most bang for your building bucks. For more information on Country Place, or similar Northville or Novi neighborhoods such as Highland Lakes, Crosswinds West and Lakewoode Parkhomes, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.