Renovations can be as large as a $100,000 investment into a house, that completely “guts” the inside, to a small fixer upper reno that could cost as little as 20K. That is why we’re proud to say we buy houses any condition as we’re not afraid to bet big on a house or renovate with a budget. For many home owners’ small renovations or required maintenance may pile up, turning a house you once considered an asset into a serious money sink. On top of that, life in Edmonton is not getting any cheaper as our city grows and the cost of living increases.
We understand the hardship even a small investment into a home can take and we’re motivated to work with home sellers in this situation as fairly as possible. Whether you’re interested in a quick sale and just getting on with your life or would like some advice on what to do, we’re happy to chat with anyone no matter your likeliness to sell!
Edmonton’s Condo market is not what it used to be. With that being said, we’re confident there is still value in Condo renovations all over downtown Edmonton. HomeBuyersYEG loves medium to large scale renovations in Oliver and Westmount. An example of a medium sized renovation project in a condo is about 10-25K worth of work. This would most likely just focus on the kitchen and bathroom. We would blow out any walls in the kitchen and create as large a space as possible. In the bathroom we would replace the vanity and create a large walk out shower if possible. A large investment in a condo could be as serious as gutting the interior and starting completely from scratch. This type of reno project is extremely high risk in Edmonton’s current condo market!
When you look at your condo does it look like you might need a new kitchen? Is the bathroom a little out of fashion? Are you worried about the risk you’d be taking investing money into condo renovations without knowing if you’re really adding any value? Don’t try to compete with professional Condo renovation companies all over Edmonton until you’ve at least gotten the opinions of an expert! Call us we’re interested in talking renovations even if you’re not ready to sell your Edmonton Condo!
Townhome’s can be great rental investments as well as very nice places to live. Do you have a Town home that has been a profitable rental property for years? Are you worried when your long-term tenants move out you’ll have to put money into townhouse renovations before selling? Or maybe you’re just preparing to move to a new part of the city or upgrade to a house? No matter what, you should find out what we’re willing to pay before you use a realtor!
Home Buyers YEG loves renovating Condo’s in West Edmonton, Millwoods or Central Edmonton. We also look for opportunities to buy Townhouses as investment properties. So please still give us a call even if you’re not certain your townhouse is right for renovations. In the end our goal is just to find the right fit between you the seller and us, the buyer, so we’re able to both save on realtor fees: We Buy houses any condition!
Ready to find out what we pay for your property?
Pick up your phone and give HomeBuyersYEG a call right now!