Sign up to get updates from us
There are many choices to make when buying. You want to consider location, size, a building with amenities vs one without and renovations. Thinking about if you want to renovate or not is a big decision as it will determine what you’ll see and...
There are many choices to make when buying. You want to consider location, size, a building with amenities vs one without and renovations. Thinking about if you want to renovate or not is a big decision as it will determine what you’ll see and spend. There are major price differences and you will most often get a better deal when buying something that needs work, but do you have the time and bandwidth to handle renovating in NYC? Trust us, it’s not for everyone! Today we are talking about buying renovated vs unrenovated and what makes the most sense.
When looking at properties it’s great if you have already thought through if you want to renovate or not. There is a big difference between a gut renovation and just doing maybe a bathroom. However, it’s much more complicated to renovate in NYC due to permits, time constraints, neighbors to think of, and building rules. If you are going to renovate it’s going to cost you time and money and you need to consider that you will have to carry two places while doing this and you need to be ready to expect the unexpected. If you prefer to buy a property that’s completely done know there will be more competition on that property but in the end, it might be easier for you.
Any other questions? Reach out to us at www.therealestatebroadsofnewyork.com or you can email us at deniseandsharon@compass.com
If you enjoy this podcast, please tap on the stars below and consider leaving a short review on Apple Podcasts. It will take less than 60 seconds, and it makes a difference in helping us bring you more content.
Subscribe to The Real Estate Broads of New York on Apple Podcasts, Google Podcasts, Stitcher, Spotify, or wherever you listen so that you never miss an episode, and let us know if you have any questions or topics for future episodes you'd like us to discuss.
Not moving in or out of NYC but looking for help? Contact us! We work with a large network of agents and we will help you find the perfect broad (or bro) to help.
