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Tigard Information

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About the Tigard, Oregon Area 

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Real Estate Tips

Bargain Properties >Bargain Homes

Most buyers want a home that is in tip-top condition and ready for them to occupy, but many homes sell for bargain prices because they need work. Buyers love "fixer-uppers" for the obvious reasons: the affordable price and the satisfaction of remodeling the house to accommodate your tastes and needs.

Whether you are buying the property for yourself or as an investment, choose a house that is in a good location and structurally sound. It should be priced enough below market value (usually 25%) to allow plenty of room for a profitable re-sale after the work is completed.

It is important to educate yourself before taking on a fixer-upper project. Inexpensive cosmetic improvements often give the greatest return on your investment-- paint will increase the value three times for every dollar invested. Landscaping, carpeting, and light fixtures are also relatively inexpensive improvements. Try to avoid purchasing a house that needs expensive structural improvements such as a new roof, plumbing, wiring, or foundation repairs.

Remodeling a kitchen will rarely add more than the cost of the upgrade, but new appliances usually give a fine return. An extra bathroom is the best renovation from an investment point of view, often giving twice its cost in added value.      

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Real Estate Trivia

Q 
What time of year is considered the busiest for homebuyers and sellers?

A 
Real estate is a year-round business, but spring is still considered the best time of year to showcase a home.
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Morris Westlund, REALTORŪ, real estate agent and broker for Lake Oswego, Tigard and Tualatin, Oregon home listings, property and land for sale - NUMBER1EXPERT

Morris Westlund
Windermere/Bridgeport Realty Group

16760 SW Upper Boones Ferry Road Suite #103
Portland, OR 97224
Direct: 503-781-1981
Office: 503-639-7914
Fax: 503-639-5202
MorrisWestlund@gmail.com

Buying and selling a home is one of the biggest events in your life. As a top Lake Oswego, Tigard and Tualatin real estate agent, I have the experience and track record you are looking for. Please let me help.

ABR CRS Equal Housing MLS REALTOR


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