Prince Edward Island Real Estate - Fixer Uppers

Fixer uppers are a great selling attraction in the PEI Real Estate market in Prince Edward Island, Canada. They are in a list range of app. $18,000. to $39,000. Canadian dollars. Some of these fixer uppers can be a good investment if they have a stable base or foundation. The ideal foundation is an 8 foot concrete wall on a 16 inch footing. Also important is the size of the floor joists, idelly they should be 2 by 10's but, in many instances, they are very little bigger that a 2 by 4. A good carrying beam also fortifies the main base of the dwelling. If these things are present in a Fixer-Upper, then is could be a a good investment  for the buyer to live in it, or maybe to Flip.

In flipping the PEI Fixer Upper, it is important to have a plan of what needs to be done and a good knowledge of the price of home materials. It is also a balancing act to know how much to modify the house without going too far with it. Most buyers want a nice kitchen, bathroom, some hardwood floors, etc.

George Jordan, Red Soil Real Estate Inc., 902-962-2050