What’s Type of Home Is Best for Me: Fixer-upper or Turnkey?

What’s Type of Home Is Best for Me: Fixer-upper or Turnkey?

Buying a home’s a significant step. Before you buy, you’ll need to save money for a down payment. You’ll need a strong credit score, which means you’ll either need to establish your credit rating or improve your credit score. You’ll also need to determine where you want to live.

Once you can qualify for a mortgage, you still have many options to consider. Some people buy foreclosures or fixer-uppers and spend time remodeling their homes to suit their tastes. Other buyers prefer turnkey homes that don’t need any work. Let’s look at your options and their benefits to help you determine which type of home is right for you.

You Can Buy a New Build.

Buying a new build involves purchasing a plot of land, selecting a floor plan from a builder, and contracting the building company to construct your home. One advantage is that you’ll get to consider all the popular choices for cabinetry, flooring, paint colors, fixtures, and countertops. You can prioritize the features you’re willing to pay for to get your dream home.

Homeowners interested in building a house may face delays due to labor shortages. The costs of materials fluctuate, which means changes in the market can cause the cost of building to rise or fall. Hiring builders doesn’t mean opting for new construction’s a hands-off process after you make your initial selections, either. Homeowners should visit the building site regularly and ensure workers follow their design plan.

You Could Invest in a Display Home.


When shopping for a new home, it’s a good idea to look at display houses for sale. Building companies construct display homes to promote new developments. Sales staff work out of display homes until all the lots in the development are sold. Potential buyers tour the display home and get a sense of the layout and design features they can choose when opting for a new build.

There are multiple benefits of purchasing a display home. The builders use these homes to show off the most popular features and materials, so design homes feature upgrades such as hardwood flooring, granite countertops, marble tiles, and smart appliances. Display homes are often built on larger lots and may also include landscaping and outdoor features.

You won’t get to choose your design features, however. Display homes come as-is. You’ll have to live with the materials and colors chosen by the builders or pay to renovate your new home.

You Can Buy a Foreclosure or Fixer-Upper.


Buying a foreclosure is easier than ever, and homeowners can save money purchasing foreclosures. When homeowners can’t afford to make their mortgage payments, their lenders foreclose on the home. The lender sells the property for a reduced price to recoup their financial investment. Due to the financial circumstances leading to foreclosure, many foreclosed homes need maintenance or repairs, making them an ideal option for homeowners willing to invest in home improvements.

You can also buy a fixer-upper. Fixer-uppers are older homes or homes that are in disrepair. They need work, although the nature and extent of the work vary.

Investing in a foreclosure property or a fixer-upper is an excellent option if you’re interested in learning about home decor and home design trends. They’re also ideal options if you have the time, skills, and money required to make upgrades yourself or hire professionals to improve your home.

You can research the top trends in kitchen remodeling and choose the countertops, fixtures, cabinets, and appliances that suit your needs and design style. Perhaps you’d like to tear down a wall and add a kitchen island, turning an old closed-off kitchen into a contemporary kitchen. Perhaps you’ll opt to invest in other kitchen trends, such as installing a backsplash with pops of color. When you opt for a fixer-upper, you can select everything from your kitchen floor to your backsplash tile, allowing you to create the home of your dreams.

Aspiring homeowners can invest in a new build, buy a display home, or purchase a foreclosure or fixer-upper. Each option has pros and cons, making it crucial for aspiring homeowners to consider their options and choose a home that’s right for them.