The real estate landscape has seen a significant shift in recent weeks. With dwindling inventory, there’s a notable preference for turnkey properties—those with renovations or professional staging. This raises an intriguing question: what holds greater importance in homebuying, aesthetics or functionality? Indeed, visually appealing homes are swiftly snapped up, while those in prime locations with great layouts requiring updates linger on the market.
Many potential buyers are hesitant to embark on renovations due to escalating costs over the past couple years. However, I advocate prioritizing layout and location, as minor renovations remain feasible. This presents a prime opportunity to secure advantageous deals for those willing to embrace the exciting and rewarding renovation journey. The investment is undeniably worthwhile.