Is Buying a Fixer-Upper or Condemned Property Really Worth It?
sibling “gotcha” that happened too quickly to be considered truly bad behavior by my parents. But memories have a way of warping, particularly if they are related to real estate. Fast forward to today’s reality home makeover shows, combined with rising home prices, and suddenly, the thought doesn’t seem so funny. There’s now a certain irony in that childhood game. Such home rehabilitation shows give us the intangible ability to dream. If the break-no-sweat, barely working home improvement hosts can turn a room around in one hour, we reason, surely, we could make a quick trip to the hardware store and transform a home within days – right? Regardless of how much we say we believe in the message, the seed is planted. Add to it the rising cost of homes, and what emerges can best be described as the Son of Extreme Makeover trend: Perhaps, a rather run-down home could be purchased and renovated, providing the buyer with a previously unexplored entrée to home ownership. While it sounds like a
