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are fixers a good idea in bad areas

Are Lancaster County fixer uppers a good idea in bad areas?

It depends. Distressed properties or fixer-uppers can be found anywhere, even in wealthier neighborhoods. Such properties are poorly maintained and have a lower market value than other houses in the neighborhood.
Many Lancaster County marketvexperts recommend that before you make such an investment, first find the least desirable house in the best neighborhood. Then do the math to see if what it would cost to bring up the value of that property to its full potential market value is within your budget. If you are a novice buyer, it may be wiser to look for properties that only need cosmetic fixes rather than run-down houses that need major structural repairs.

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Contact Information

Brandon Clark, GRI, ABR, CSP
Coldwell Banker Select Professionals
1000 North Prince Street
Lancaster, Pa, 17603
Office: (717)735-8308
Cell: (717)682-7353
Fax: (717)283-4535

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