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All agents are NOT alike! Find out why Bruce Champion and his Team are top real estate experts in Eldorado County Call us: 1-916-996-6870

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Real Estate Tips
Bargain Properties >Bargain Homes

Most buyers want a home that is in tip-top condition and ready for them to occupy, but many homes sell for bargain prices because they need work. Buyers love "fixer-uppers" for the obvious reasons: the affordable price and the satisfaction of remodeling the house to accommodate your tastes and needs.

Whether you are buying the property for yourself or as an investment, choose a house that is in a good location and structurally sound. It should be priced enough below market value (usually 25%) to allow plenty of room for a profitable re-sale after the work is completed.

It is important to educate yourself before taking on a fixer-upper project. Inexpensive cosmetic improvements often give the greatest return on your investment-- paint will increase the value three times for every dollar invested. Landscaping, carpeting, and light fixtures are also relatively inexpensive improvements. Try to avoid purchasing a house that needs expensive structural improvements such as a new roof, plumbing, wiring, or foundation repairs.

Remodeling a kitchen will rarely add more than the cost of the upgrade, but new appliances usually give a fine return. An extra bathroom is the best renovation from an investment point of view, often giving twice its cost in added value.      

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Real Estate Trivia
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What is the world's longest frontier?

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At 3,987 kilometers (3,987 miles), the border between Canada and the U.S. is the longest in the world.
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The Bruce Champion Team, REALTOR®, real estate agent and broker for Somerset, Placerville, Cameron Park and El Dorado Hills, California home listings, property and land for sale - NUMBER1EXPERT(tm)

The Bruce Champion Team
Bruce Champion Real Estate with Hall & Associates

7702 Fairplay Road
Somerset CA. 95684
Phone: 916 -996 6870
Fax: 530-620 1176
Cell: 916- 996 6870
Office : 530 -620 1176
Email: brucechampion@NUMBER1EXPERT.com
prefered e mail: bbchamp@gmail.com

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