If you want to sell your home in as-condition after a fire, you can search out a cash buyer, but there’s no guarantee that it’ll be a fast sale, or you can focus on restoring your home to its previous condition and sell it to a traditional buyer using an experienced real estate agent. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we realize that restoring your home to its previous condition can get expensive. Repairing fire and smoke damage can cost between $3,000 to $45,000, and the national average sits around $18,000 for a total repair. Larger fires that destroy a kitchen or cause significant damage to the roof can cost over $50,000 to repair. Luckily, most insurance policies cover fire damage, with some exceptions such as arson and a negligently maintained structure. Insurance may also cover lodging expenses while you repair your house and any damage the fire may have caused to your neighbors. Check out below to see what sold in Island Lake Arbors in July 2022:
26357 Fieldstone Drive, Novi: 3 bedrooms, 2.2 bathrooms, 2,383 sq. feet, 2 car garage, Sold Price: $470,000
Island Lake Arbors Home Sold
July 2022
Selling a house with fire damage can be a challenge. Potential buyers are likely to have plenty of questions and will want to go over every repair that was done as a result of the fire. For more information on Island Lake Arbors, or similar Northville or Novi neighborhoods such as Country Club Village, Blue Heron Pointe and The Villas of Northville Hills, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.