Concerned With the Work The House Needs In Danbury,CT Area

By
Real Estate Agent with William Pitt Sotheby's International Realty CT RES.0783448

If you are interested in making an offer on a home, but have some concerns on the cost to update to your tastes, I highly would recommend bringing a contractor prior to making an offer. The contractor would give you a price based on your project, or give you an idea on the steps for your project if it is not cost effective to do at once. I have understanding on the cost to some work,based on experience in the local real estate industry as a guideline.It is also better do it before you make the offer so you don't go back once the offer is accepted and try to negotiate the sale with the seller to address non health & safety items, because that is not the way business is done.With the early estimate, you know what you are getting yourself into prior the building inspection report where we may have to negotiate health and safety items.  Your estimate for the work might even scare you off from buying the house.A homeowner will not generally negotiate back and forth on the price of the house based on things that you want to do, not things that have to be done.The market value of the home is based on what homes in comparable condition has recently sold for-not based on what you think the house is worth without reviewing the activity in the area. However, the cost to do any of work is not related to the market value of the home, you may not get back dollar for dollar invested, some of the work would be for your own personal use & enjoyment.The contractor is a different than a home inspector, which you would make arrangements for once the offer has been accepted.

If you are interested in purchasing a home in the Greater Danbury area, please contact your neighborhood specialist-Jonathan Hall of William Pitt Sothebys' International Realty. My number is 203-417-0523 or visit my website I look forward to hearing from you.


Posted by

Jonathan Hall, Realtor Serving Greater Danbury & Candlewood Lake with William Pitt Sotheby's International Realty
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This information is provided by Jonathan Hall,Realtor  with William Pitt Sotheby's International Realty in the Greater Danbury & Candlewood Region of CT. For additional information, please call him at 203-417-0523,203-796-7700X305 or email me at danburyrealestate@gmail.com . Unless indicated, all content is the property of Jonathan Hall. If you would like to use any of this information, please contact me for permission. He is a licensed CT Salesperson License #RES.0783448 with William Pitt Real Estate LLC License # REB.0751698. His office is located at 112 Federal Road,Danbury CT 06811.

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Real Estate Best Practices
Location:
Connecticut Fairfield County Danbury
Tags:
danbury ct real estate
homes for sale in danbury ct
offer process in danbury ct
home buying in danbury ct

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