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HOUSE HUNTING TIP: SPOT THE HIDDEN POTENTIAL & BUILD INSTANT EQUITY

Friday, May 6, 2022   /   by Ameil Gill

HOUSE HUNTING TIP: SPOT THE HIDDEN POTENTIAL & BUILD INSTANT EQUITY

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I absolutely love when touring homes with my buyers is helping them to spot the hidden potential in a home. With everything we see on HGTV and Pinterest, it can sometimes be difficult for people to see past the bright yellow paint color, dated oak cabinets, and mauve carpet when looking at homes — dare I mention wallpaper and 90s borders?! However, you could be missing out if you're only looking at updated / move-in-ready homes. Not to mention, those are typically the houses that have the most interest; more competition means that you will most likely be paying more, and could sacrifice important features such as square footage, location, or yard size ... and you don't want to be "house poor" by overextending your monthly payment with the rise in rates. This is where I come in with the knowledge and resources to make improvements! I try to keep your top priorities in mind when we are looking at homes and work through what you may not love about a house, and how you can change it while staying within your budget. A fresh coat of paint, new lighting fixtures, updated flooring, and new hardware can make all of the difference, and completely transform a space — you may just need a little help & creativity to see it come to life. Don't completely disregard homes that may need a little TLC! You could be missing out on your very own "fixer-upper!" There are a number of ways to finance improvements you just need to know the right people, and I'm happy to get you in touch with my trusted vendors. #househunting #househuntingtips #house #homebuying #realestate #realestateagent #realtor

REMAX Realty One Inc. - The Gill Team
Ameil Gill
50 Burnhamthorpe Road West Sussex Centre Ste #102
Mississauga, ON L5B 3C2
416-884-1359

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS®.
Information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS®. Copyright 2022 Last Updated June 29, 2022
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