Hi,

What does it take to get home buyers to the table?  There are some bargains out there.  I find it curious that renovated houses are going for a premium and selling quickly.  Wouldn’t today’s buyer be looking for value.  If you can buy a home that has been maintained but dated for 1.5, why are buyers choosing a similar house newly renovated for 2.2?  I would put my money into a  less expensive house, renovate it the way I want, and build some equity.  At least there is a potential to add value.  Share your thoughts