Buying to Renovate as a First-Time Home Buyer

More than likely, you’re not working with a large budget when buying your first house. As a first-time home buyer, starter homes don’t usually come with every item on your wish list. The experts at Center Island Contracting have great advice for first-time homebuyers if this applies to you; buy to renovate.

It’s important to keep in mind that just because a homebuyer is intentionally buying to renovate not just any house will do. There are many factors that go into buying to renovate as a first-time home buyer to ensure your investment will pay off. Below are some tips from our skilled team at Center Island Contracting to buy to renovate the home of your dreams.

Remember, our construction management team takes pride in the ability to treat every new home building or remodeling job as if the home belongs to a member of the team. The same respect and consideration that we have for our own homes is inherent in everything we do for your property. So feel free to give us a call and let us talk to you about the designs we can produce to create your dream home.

Big Picture

Homebuyers can sometimes lack vision when it comes to the potential of the home. When a structure is visually displeasing to the eye, it can be off-putting. However, new floors, new paint, an updated kitchen and other renovation can have a big effect on a starter home that needs work.

Location, Location, Location

When buying to renovate, choosing the right location is a rule of thumb. Even if everything in the house gets changed, the location is the one thing that cannot be changed. A good motto to live by is to buy the worst house on the best street.

Cosmetic Work vs. Structural Work

Depending on your renovation budget, you might want to look for a home to renovate that needs cosmetic work instead of structural work. Structural damage is usually expensive, so look for a home with good bones and a great layout that needs floors, cabinets, or other cosmetic renovations.

Adding Value

No matter how small of a renovation project there is, homeowners should always think about ways to add value to the existing structure. Adding bedrooms, converting attics or basement spaces, and cutting energy costs are all good examples of adding value.

Good Planning

Allow a design-build firm like Center Island Contracting do all the planning for you! Our construction management services allow you the freedom of relying on us for all aspects of the home renovation process.

For the very best service from qualified, reliable and experienced professionals for all your home building and construction management needs on the north shore of Long Island, you can trust Central Island Contracting. For more information about our home remodeling projects in Oyster Bay, Manhasset, Plainview, Jericho etc., contact us!