Remodeling homes in Sequim and Port Angeles is making a small comeback. With the inventory of homes shrinking as retirees buy up the best homes in the best areas, and since home builders have not been building over the past seven year recession, older homes that were unattractive before are becoming good targets for remodeling and selling. Remodeling homes once again makes financial sense, like this home:
There are many older homes built in the ’60’s, ’70’s and ’80’s that have nice traditional floor plans all on one level, but desperately need updating to compete with buyer preferences today. Many of these homes look so outdated and need so much work, they haven’t been viable options for many buyers who prefer “move-in ready,” or at least not major work. Unfortunately, many of these older homes that have not appealed to retirees happen to be on incredible lots with wonderful water views or mountain views.
Remodeling Homes Offers Opportunities for Buyers
Fortunately for buyers, remodeling homes in Sequim is making a small comeback. Homes like this one in the photo are coming back to life, and at the right price are very attractive. A word of caution is apropos here. If an investor buys and remodels a home, but he cuts corners and doesn’t do a good job on the construction behind the walls and in the attic and in the crawl space, and if he uses cheap materials, the home may look good, but it may have problems. You could overpay for a home that looks good on the surface.
The home in this photo is getting a quality remodel, and it will be gorgeous when it is complete. It will be priced around $245,000. Remodeling homes is making a small comeback in Sequim, and this could open up new opportunities for the discerning buyer.
Last Updated on September 23, 2019 by Chuck Marunde
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