Homeowners are now buying renovation projects

By
Real Estate Agent with Lebrau Property

Making the decision to invest real estate is an exciting time in anyone’s life. Buying a home that is already structurally completed and run over with a fine-tooth comb is exciting, but it also means that buyers have little to no control over the finer details, the unique traits. Of course, for many buyers this is precisely the intent – to have a home that is perfect and ready to live in from the second they find out they were approved for the property. For others, however, there is curious intrigue in buying a property that needs some tender love and care to give it some much-needed new life. We want to be proud of our homes. This is not a new revelation. And then some of us also want to have an active hand in creating them. Sometimes, “creating” the home means stripping it all back to the ground the foundation sits on, starting with a blank canvas.

There are countless home designs out there, and people these days spent months, even years, doing their research. Taking sections from multiple home designs and creating their ultimate home, the next step is finding the right property to bring the home to life. Building a new foundation takes immense effort. Rebuilding is all about breathing new life into living spaces. Alas, there is not much that one can do when a property simply does not have the guts or the space to support the vision, much less bring it to life. It all starts with finding the perfect property to embody the vision.

Looking at real estate is a time-consuming process. From the appointments to view properties, to the finer details when interest meets opportunity, it is a journey that requires people to approach the task from one of two ways. First, they can know what they want and have easy access to it quickly (near impossible). Or second, they must take the time to meet with a realtor that can help them properly assess and meet all expectations and ideals for a future home. Real estate is not only one of the costliest purchases anyone can make, but it is also quite often one of the most semi-permanent (if not entirely permanent) purchases.

The power in investing in real estate that needs some tender love and care is that buyers have the opportunity to be in creative charge of all aspects of their new investment. Being directly involved with each part of the process is one of the best parts about restructuring. It is also one of the most challenging and exciting processes that someone can undertake. Rebuilding a property means throwing oneself into the process from start to finish, with all the challenges that come along with it.

Having the right property to begin with, is where the magic really starts. And it is there that the real fun begins and new homeowners can start to build their vision from the ground up. Our homes are where we express our creativity and feel most comfortable, so why not shake things up and literally rebuild an old space into a modern marvel?

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Topic:
Home Buying
Tags:
dream home
renovation
projects
diy

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Craig Lebrau

Property Geek in Upper East Side NYC
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