A recent study done by Magnify Money* states that College Station is the hardest place to buy a home in Texas. With the median household income being $39,915 and the median listing price for homes being around $249,000, it is presumed that it would take someone 11 years of saving money in order to afford a new home in College Station. Luckily, buying a brand new home is not your only option! Finding a home in the right neighborhood that is affordable and that fits your needs but could use a little love - why not renovate? Renovating a home to meet your needs, is a great alternative! Renovation, done correctly, will not only make your home more functional for you, but will also add more value to your home. Check out some of my renovation tips that will help increase your home's worth!
Knock Down Walls: Open floor plans are an extremely desirable characteristic in a home. Don't be afraid to knock down a couple walls to give your house a more airy layout. The before and after pictures are incredible!
Upgrade The Kitchen: Some people believe that the kitchen is the selling point of a house, and I definitely can see why! Upgrading your appliances, painting the cabinets, adding a nice backsplash and changing up the lighting, are just a few ways you can take a kitchen from drab to fab!
Make Simple Changes: You don't have to spend thousands of dollars to increase your home's value. There are plenty of frugal renovations that make a big impact. Sometimes all a room needs is a fresh coat of paint and a new lighting fixture to give it a whole new look!
Don't Be Afraid To Make Big Changes: Do you have a room that Isn't being used to it's fullest potential? Don't be afraid to make big changes! Adding an extra bedroom or bathroom to your home can increase the value of your home by a lot! After all- no risk, no reward!
When it comes to buying a 'fixer upper' and renovating a home, everyone's journey will be different. I know how difficult it can be to make the right choices when trying to decide what is best for you and your home. Don't hesitate to contact an expert... I am more than happy to help you find that diamond in tough and make it shine!
Learn more about the Magnify Money team's study HERE