Hampton Roads Real Estate Ramblings

Hello Hampton Roads, Goodbye Fixer Uppers! 👋 Most buyers today are just not interested in fixer uppers. In the past, some buyers were eager to roll up their sleeves and take on a renovation project. This was especially true when they could find a great deal on a house and with a little elbow grease really ramp up the value of the property but today, home are priced much higher--even for fixer uppers! High mortgage rates and escalating construction costs are making non-renovated homes less appealing. As a result, these properties are spending longer periods on the market. The tides have turned and most buyers in today's market are looking for turnkey properties. They want a home that's move-in ready, without the need to hire a contractor or tackle major renovations. Hello Turnkey Dream Homes! 🏠🌟 So, what exactly makes a property 'turnkey'? It's all about the upgrades that can make a world of difference to potential buyers: Hardwood Floors: Gleaming hardwood fl