How do I find good fixer uppers?
Here are the best options.
- Drive around and look.
- Search the multiple listing service.
- Go to foreclosure auctions.
- Check local tax records.
- Work with a real estate agent who specializes in fixer-uppers.
Is it expensive to live in St. Petersburg Florida?
According to the cost of living index for St. Petersburg, it is about 9% less expensive than the national average and about 12% less than the Florida state average. The only expense you can expect to pay more for is groceries which are about 4.5% more expensive than average.
Is St. Petersburg Florida rich?
Petersburg in 2018 was $36,266, which is upper middle income relative to Florida and the nation. This equates to an annual income of $145,064 for a family of four. However, St. Petersburg contains both very wealthy and poor people as well.
How do you tell if a house is a good fixer-upper?
“A good rule of thumb when looking at fixer uppers is: cost of home (sales price + closing costs) + cost of repairs/updates < what you can sell a remodeled property for,” writes Darren Robertson at Northern Virginia Home Pro.
What does fixer mean on Zillow?
fixer-upper
Fixer. The word “fixer” implies “fixer-upper.” While a fixer-upper may not seem out of place among lower-priced homes, most buyers expect mid- and high-priced homes to be move-in ready. The numbers back this up.
What is a fixer in real estate?
In real estate vernacular, a fixer-upper is a property that will require repair (redecoration, reconstruction, or redesign), though it usually can be lived in or used as it is.
What is the best area to live in St. Petersburg Florida?
- Historic Roser Park – Uniquely charming and up-and-coming.
- Historic Kenwood – Artsy feel and brick streets in St.
- Grand Central District – Gay friendly.
- Boca Ciega – St.
- Bayou Shores – Affordable water living.
- Coquina Key – Affluent beachfront living in St.
- Downtown St Pete – Easy commute and city living.
How risky is it to buy a fixer-upper?
Drawbacks of buying a fixer-upper If you’re not careful, your fixer-upper home could easily turn into a money pit. And if you wind up with a lot of work — and costs — on your hands, you could wind up spending way more on a fixer-upper than you’d spend on a move-in ready home a block away.