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Jan 08, 2014
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Considerations before Buying a Home in Need of TLC

There are lots of reasons that a potential homeowner might opt for a fixer upper instead of a move-in ready home.  The biggest of these motivators tends to be the ability to buy a home below market value and create a space that reflects the homeowners’ tastes.  Determining whether or not to buy a fixer upper ultimately boils down to each individual homeowner.  Here are some things to reflect upon before purchasing a home in need of serious TLC so that you don’t find yourself tied to a money pit.

What Does the Home Inspector’s Report Say? A home inspection will provide you with a detailed analysis about a property, including any red flags about features of the home that need immediate attention.  It’s well worth the few hundred dollars to have this done on any property you’re strongly considering the purchase of so that you understand its immediate needs and are able to determine whether it’s the right property for you.

How Much Money Do You Have? Oftentimes, you can finance home improvements with your mortgage loan.  This can be a great way to get the money you need to help breathe new life into a tired home, especially when projects add to the value of the home.  Just be sure to do your homework on the costs, add a little padding for unexpected budget overages.  However, if immediate fixes are needed and your line of credit is tapped, you may want to forego the purchase for something that is more in line with your budget.

How Much Time Do You Have? If you’re already working full-time, coaching your child’s soccer team and leading a book club, do you really have time to renovate an entire home, doing most of the work yourself?  This holds especially true if you’re on a time crunch to move in, as living in a construction zone can be rather unsettling (as can microwave dinners & cold cuts for the next 6 months…)

What’s the Neighborhood Like? One of the most important factors in determining the price of a home is its location.  Is the house available at a bargain price because it’s by the city’s garbage dump or because the previous homeowners didn’t care to spend the time or money on cosmetic items such as landscaping and staining their fence and deck?  The neighborhood’s crime rate is also worth researching.

 What Would the Walls Say if They Could Talk? Disclosure laws vary by state and it is not always mandatory that a potential buyer be informed if the home’s owner is in prison or if a death has taken place in the home.  Ways of verifying a home’s past include talking to neighbors and checking city records and police reports.

The Final Word: Buying a home can be a life-changing decision and nowhere is this truer than when buying a property in need of TLC.  It’s okay to take a step back and carefully evaluate the pros and cons of the specific property you’re considering so at the end of the day, the decision you make is right for you and your family.

Reviews

We Strive for 100% Customer Satisfaction

Delivering exceptional service is our No. 1 priority. Read these happy reviews from homeowners who were blown away by their home improvement experience with Lindus Construction.

"Had Lindus blow in foam insulation into attic, what a difference it’s made! The house is noticeably warmer in the winter and my furnace is not running nearly as much as before. I know it will also help keep the house cool in the summer heat. They also installed some new windows and exterior trim. Everything turned out really well. Corey Hessler was fantastic in dealing with from start to finish and answered all my questions. Everyone I dealt with from Lindus, especially Corey, were kind and professional. In today’s day and age you get what you pay for. Lindus really delivers!"

Robert M.
Cottage Grove, MN
March 25, 2022

"I've used Lindus Construction many times: roof, windows and recently an egress window. I would never hire anyone else. I know I can trust their work. The best."

Kathie R.
Eden Prairie, MN
February 14, 2022

"Deck replacement with composite materials. Staff was friendly and knowledgeable, on time and communication was good. The deck looks great!"

Marrielle & Fred O.
Shoreview, MN
November 22, 2021

"Kept me in touch through out the whole process. Very happy with their work."

Shelly P.
Minnetonka, MN
November 11, 2021

"They replaced our windows from 1951!"

Becky S.
St. Croix Falls, WI
November 11, 2021

"Best product. Great people. They really know their business. You won't be disappointed! Thank you!"

Howard F.
Brooklyn Center
October 22, 2021

Lindus was very professional. Lindus arrived on time and finished in a timely manner. Overall it was a job well done."

Christopher O.
North St. Paul, MN
October 22, 2021

"Love the product! Everyone at Lindus was a pleasure to work with!"

Lynnae Z.
Circle Pines, MN
October 21, 2021

"Installed gutters. They had innovative solutions to the problems I was having with my existing gutters. Professional crew came, work hard, ask for feedback. Top-notch service. I always recommend."

Polly P.
Columbia Heights, MN
October 21, 2021

"Great company!!!!"

Jerry T.
Shoreview, MN
October 21, 2021

"Work was great. Crew did great work, fast, clean up was very good. Could not believe how fast that they did the job. When beyond what I expected. Very good work, great crew. Thank you."

Charles G.
Roberts, WI
October 14, 2021
75% Off installation labor on LeafGuard® Brand Gutters and GAF Asphalt We are also offering a complimentary heat map analysis with insulation estimates through May 2022.
Some restrictions may apply. Call for details.

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