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As much as we hated to leave our home after my job was transferred to N.C., the Hopkins Group made our move much easier.
-- Ken & Kate G. (Amherst)
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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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| Q |
What makes the structure of the Hoover Dam unusual?
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| A |
The Hoover Dam was built to last 2,000 years, and is constructed of concrete that will not be fully cured for another 500 years. |
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Adam Hopkins
Hopkins Real Estate Group
1705 Enterprise Dr, #106
Lynchburg, VA 24502
Phone: (434) 444-7136
Email: TheHopkinsGroup@gmail.com
As your Number1Expert(tm) in the Greater Lynchburg area for the last decade, The Hopkins Group has specialized in getting your home sold faster and for more money, through our attention to details that most agents miss, and through exclusive consumer services and programs that other companies simply do not provide. Call us today at (434) 444-7136 to see what a difference our service can make for you as you buy or sell your home!    
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