For Buyers Who Wish to Up-size inexpensively

Can you really buy a bigger home without paying big bucks? Here are some tips to prospective buyers that happen to be trying to find a larger home on a smaller budget.

For Buyers Who Wish to Up-size inexpensively

Find a stale listing.

Search for homes above your price range that have been on the market for over 30 days, Selling a home stinks, and after 30 days on the market, particularly in a seller’s market like we have today, it’s obvious the house is priced wrong.”

Search for a “granny” home.

Look for the most outdated home you can find — orange shag carpet, floral wallpaper, and all. Older homes that haven’t been upgraded have a tendency to languish since the majority of buyers today want newly built homes or ones that look just like a page out of the Pottery Barn catalog.

Look for a house to renovate.

Search for a home with potential to add on or open up cramped spaces. Can a wall be knocked down to open up a space or maybe added to make two rooms where there was one? Can the basement be finished to add space? In many cases, you can utilize an FHA 203(k) renovation loan, or in higher-priced homes you may use a conventional loan where you wrap the cost of the renovation in the original loan.

Nick & Cindy Davis can assist you here in the Tampa Bay and Surrounding Areas. We can provide you with direct access to our local MLS System so you will see only the active homes for sale. To contact us you can simply click here, or you can always reach us at 813-300-7116.

Take a look at a few of the most recent homes that came on the market here in the Tampa Area.

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10411 N Woodmere Road, Tampa, FL

10411 N Woodmere Road
Tampa, FL

$125,000
- Lot Size
  
  17,424 sqft
- Home Size
- Beds
- Baths
- Year Built
  
  0
- Days on Market
  
  2