Pros of Fixer-Uppers

• Lower price — Homes that require some updating tend to be priced lower, and many renovations can quickly add value to your home.
• Creative control — When you’re the one in charge of updating your home, you can customize it however you choose.

Cons of Fixer-Uppers

• Delayed move-in — The planning and work involved to fix it up can significantly delay your move-in date.
• Unexpected costs — No matter how well you plan, major renovations are always subject to unforeseen expenses.

Pros of Move-In Ready

• Quick move-in — Can’t wait to begin nesting? With a finished home, you can start moving in as soon as you get your keys.
• Energy-efficient technology — New and renovated homes are often outfitted with the latest energy-efficient options when it comes to kitchen appliances and heating and cooling systems, which can save you money over time.

Cons of Move-In Ready

• More expensive — To recoup the costs of updating, sellers often price move-in ready homes much higher. These homes also don’t allow for easy customization.
• Questionable quality — When you’re not there to oversee the update process, you’re unable to ensure that high-quality work and materials are used for your home.