• About Us
    • The KGG Difference
  • Buyers
    • Search MLS
    • Search By City
    • School Zones
  • Local Resources
    • Communities
      • Park Scottsdale
      • Fabulous Park Scottsdale
      • McCormick Ranch
      • South Scottsdale
    • Relocation
    • Seniors in Scottsdale
    • Visitor Information
  • How Much Home Can I Afford?
    • Mortgage Calculator

Kristin Graziano Group

Park Scottsdale Experts

Is buying a fixer upper more cost effective than buying a move-in ready home?

November 5, 2019 By admin

Many people buy fixer-upper homes because they think it will save them money in the long run—but is that actually true?

According to recent data, not necessarily.

According to a recent survey from remodeling resource Porch, the majority of people who bought fixer-uppers did so in an effort to save money on the purchase price—63 percent of millennial buyers, 61 percent of Gen X buyers, and 59 percent of buyers from the baby boomer generation. But nearly half (44 percent) went over their budget during the renovation process—and ultimately, there was little difference between the average cost of what buyers paid for a move-in ready home ($250,000) and the average cost of renovating a fixer-upper ($247,000).

So, what does that mean for you? If you enjoy renovating homes, then purchasing a fixer-upper can be a fulfilling experience—but if you’re just looking to save money, you’re likely going to be disappointed.

If you are ready to buy, we are always open to show you properties. Call us today and let’s get you going in the right direction to a new home (480) 229-6569.

Filed Under: Articles, Home Buyers, Home Ownership, Remodeling & Renovations, Scottsdale Real Estate Tagged With: buy a home, financial goals, fixer upper, home purchase, ready to move, renovation

GET OUR LISTINGS

The Latest Homes Delivered to Your Inbox

Returning Clients

Log In To Access Your Account or Set-up a New Account To Save Homes

What Our Clients Say

Highly Likely To Recommend   

Kristin was phenomenal to work with to sell my home. She was communicative, knowledgeable, and understood the market. We were able to sell my house above what I initially thought it would go for, in a shorter time frame than I expected, and the process was about as painless as possible. I will absolutely be recommending her to anyone I know moving to Phoenix/Scottsdale area.

Remarkably Responsive   

Kristin and her team sold my home in Park Scottsdale in the very short time and helped us find a new home. Kristin and her team was remarkably responsive, attentive, and supportive. She is so knowledgeable and experienced in providing realistic information which helped us to plan and prepare to sell our home. Aaron was very professional and looking in our interests as a customer. He always responded to our texts and phone calls promptly and answered to our questions and concerns. My husband and I highly recommend Kristen and her amazing team. Thank you Kristen and Aaron!

Fabulous Team That Knows Park Scottsdale   

Kristin and her fabulous team sold my home in Park Scottsdale in the exact time frame I had hoped for. From start to finish, Kristin was remarkably responsive, attentive, and supportive. She is so knowledgeable and experienced!! She provided realistic information which helped me to plan and prepare to sell my home. I am extremely happy to have chosen KGG and couldn't be more pleased and satisfied with the results.

AMAZING!   

Kristin and her team are amazing! They did a great marketing and negotiating the sale of our home. I highly recommend using Kristin when you sell your home, I would recommend her to anyone.

Kerri Was What We Needed   

Kerri is an excellent agent who is responsive, experienced & kind. She made the home buying process very easy. She is an expert in the Scottsdale area & works with a team therefore she or team member was quickly available to help us with whatever we needed.


  • Articles & Resources
  • Home Valuation
  • Search Tools
  • Sitemap

Copyright © 2021