Thinking about a ‘Fixer Upper’? Understanding the Balance Between Purchase and Reno Costs

Fixer uppers can come with huge price benefits and opportunity, as well as problems. Make sure you understand what you’re getting yourself into before you purchase a home that needs significant restoration.

Carefully Calculate

Do the math very carefully before jumping in. Add up the expected renovation costs based on a thorough evaluation of the property. As some of the expected costs will lie within a grey area, it is important that you base your estimation on the higher end of the price range. Be sure to account for all materials and labor.

Once you have calculated your expected renovation costs, subtract this number from the home’s projected post-renovation market value. It is important that you base this projection on comparable listings in the same neighborhood. Consulting a real estate professional can offer very valuable assistance with this step.

To be conservative, deduct at least another 10 percent for any unforeseen costs, mistakes, or issues that arise. That final number should be the highest offer you make on the property.

Work With The Right Team

When looking for a fixer upper that is a sound investment, make sure that you have a solid team of professionals to work with. Choose a real estate agent who is familiar with the area and type of property that you are interested in, and make sure that all laborers you hire are not only competent to deal with the problems that you’ll face during renos, but who won’t cut corners. Aesthetically appealing housing don’t always pass inspections – it’s important to make sure that the property is fit for sale or it may never close at your asking price.

Aesthetic Problems Are The Best Problems

If you’ve managed to find a home that’s in great condition but is visually unappealing, you may have found yourself an excellent fixer upper. Ugly carpet, old appliances, and tacky wallpaper are easy fixes that won’t eat up much of your budget or your time.

Asbestos, leaky water lines, a cracked foundation, or a rotted frame are examples of more significant issues that will require the help of a professional. Be wary when investing in a property that has one or several of these problems, as they are the kind of issues that snowball into larger costs and a longer timeline for repairs.

Ready to find a great fixer upper and tackle it as your next investment? Give me a call!  J.P. Cook – 602-320-4253.

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Sort by: Select Price, Low to High Price, High to Low Newer Listings First Older Listings First Open House Date

19606 W Grant Street Buckeye, AZ 85326

Open House

$590,000

3 Beds

2.5 Baths

2,259 SqFt

Status Active

MLS # 6786961

Property Type Single Family Residence

Price Type --

Beautifully upgraded 3 bed/2.5 bath home in the very desirable Blue Horizon subdivision. This home has a very spacious great room with a formal dining room and an eat-in kitchen. Upgrades include: beautiful wood plank ceramic tile, stainless appliances, quartz countertops, designer lighting, herringbone tile backsplash, oven/microwave wall combo, 42'' cherry cabinets, LED under cabinet lighting, recessed lighting throughout, ceiling fans throughout, vinyl plank in bedrooms, barn door, & soft water loop. Front entrance includes a paved courtyard with a rod iron gate and driveway is upgraded with pavers. Backyard features a covered patio, automatic sprinkler system, private pool with water feature. This home is also BnB ready with a separate entrance or can be used as a single family home.

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9410 W Meadowbrook Avenue Phoenix, AZ 85037

$589,999

4 Beds

4 Baths

2,585 SqFt

Status Active

MLS # 6729781

Property Type Single Family Residence

Price Type --

**Don't miss out on this beautiful single-level home with a certified Energy Star rating of 5!** This newer property boasts delightful curb appeal with an easy-care landscape and a tandem 3-car garage, situated in a gated community. **Step inside to find:** - An inviting hallway leading to a perfectly flowing great room with high ceilings, recessed lighting, and sliding glass doors that open to the backyard. - Gorgeous wood-look porcelain flooring and a neutral palette throughout, creating a warm and modern atmosphere. **Chef's Kitchen:** - Handsome wood cabinets with crown molding - Stainless steel appliances - Pantry and Quartz counters - Stylish tile backsplash - Large island with a breakfast bar, perfect for casual dining and entertaining **Main Retreat:** - Sun-filled room with an immaculate ensuite featuring two vanities, his and hers walk-in closets, a private toilet room, and engineered flooring. **Additional Features:** - Second ensuite with a walk-in closet and private living area, ideal for guest privacy. - Each bedroom has its own dedicated bathroom, ensuring comfort and convenience for all. **Outdoor Living:** - Relax in the vast backyard with a covered patio, pavers, and low-maintenance turf, perfect for outdoor gatherings and relaxation. **Prime Location:** - Minutes away from Westgate, Glendale Stadium, and the soon-to-be-built water parks and hotels, making it an ideal property for Airbnb. **This home is the perfect blend of luxury and convenience. Own the home meant for you!** Come view today!

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17668 W Blue Sky Drive Surprise, AZ 85387

$589,995

4 Beds

3.5 Baths

2,840 SqFt

Status Active

MLS # 6742948

Property Type Single Family Residence

Price Type --

Explore this impressive Darius home, ready for quick move-in. Included features: an inviting covered entry; a spacious great room; a quiet study; an open dining area; a gourmet kitchen offering a double oven, quartz countertops, 42'' cabinets, a center island and a pantry; a lavish primary suite showcasing a generous walk-in closet and a private bath with double sinks and cultured marble countertops; a convenient laundry; a large living room; a covered patio and a 3-car garage. This home also offers additional windows, ceiling fan prewiring and stone tile flooring in select rooms as well as airy 10' ceilings throughout.

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17617 W Blue Sky Drive Surprise, AZ 85387

$589,995

4 Beds

3.5 Baths

2,840 SqFt

Status Active

MLS # 6772341

Property Type Single Family Residence

Price Type --

This spacious 2,840 sq. ft. single-level ''Darius'' floorplan offers a perfect blend of luxury and comfort. With 10-ft ceilings, a 3-car garage, and a separate guest suite, there's room for everyone to feel at home. The gourmet kitchen features gas appliances, upgraded cabinets, quartz countertops, and a walk-in pantry—a chef's dream! The primary bath boasts a large drop-in tub, perfect for relaxing. Set for November completion, this home's neutral palette provides the perfect backdrop for your personal style.

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24030 N 171st Drive Surprise, AZ 85387

$589,995

3 Beds

2.5 Baths

2,390 SqFt

Status Active

MLS # 6685257

Property Type Single Family Residence

Price Type --

Are you ready for your new home at Asante? Come tour this beautiful Pinecrest plan. Boasting an open layout ready-made for entertaining. This plan centers around an airy great room, a dining nook and an impressive gourmet kitchen with a convenient island. The elegant owner's suite is adjacent, showcasing dual walk-in closets and a private bath featuring walk in shower and drop in tub . Two additional bedrooms, a study , great room featuring amazing corner multi slide doors off great room and covered patio . Bring your backyard oasis vision that will make this home the one always dreaming of. Includes a 2-car garage and separate side turn garage.

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1735 W Wildwood Drive Phoenix, AZ 85045

$589,995

3 Beds

2.5 Baths

2,178 SqFt

Status Active

MLS # 6749237

Property Type Single Family Residence

Price Type --

Immerse yourself in luxury living in Ahwatukee with this exquisite 3-bedroom, 2.5-bathroom home boasting a dazzling pool. The open floor plan exudes light, brightness, and airiness. Upstairs, you'll find an additional loft perfect for casual lounging. The spacious primary bedroom features a walk-in closet that will fulfill any fashionista's dreams. Step outside to the backyard oasis with a pool ideal for entertaining. The beautiful kitchen highlights a large island and breakfast bar for casual dining. Furniture Available. Don't let this rare gem slip away - conveniently located near the 202 freeway for easy commuting to work or exploring the surrounding area. Furniture can be included in sale.

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11946 W Parkway Lane Avondale, AZ 85323

$589,995

3 Beds

3 Baths

2,480 SqFt

Status Active

MLS # 6761545

Property Type Single Family Residence

Price Type --

The heart of this ranch-style home is an open floor plan with a family room, a breakfast nook and a large gourmet kitchen. The adjacent primary suite offers a walk-in closet and an attached bath. You'll also find two additional bedrooms and a bath, as well as a quiet study and a guest suite complete with a living area, bedroom, and private bath. Includes covered patio and a 2-car garage!

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29407 N 31st Lane Phoenix, AZ 85083

$589,990

4 Beds

3 Baths

1,946 SqFt

Status Active

MLS # 6772477

Property Type Single Family Residence

Price Type --

Ask about special financing with preferred lender! A generous open living space serves as the heart of this single-level home, offering seamless transition between the Great Room, kitchen and dining room, while sliding glass doors lead to a covered patio for indoor-outdoor living. You will find plenty of room for your family with three secondary bedrooms and a stunning owner's suite complete with a spa-like bathroom. Photos are renderings of a model home, not the actual home. A public report is available on the Arizona Department of Real Estate website.

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32017 N 117th Avenue Peoria, AZ 85383

$589,990

3 Beds

2 Baths

1,680 SqFt

Status Active

MLS # 6755518

Property Type Single Family Residence

Price Type --

New home in Mystic - It's the charming Bluebell. Kitchen features include Maple Slate-gray cabinets with 42'' kitchen uppers, soft close doors and drawers and laundry cabinets. AZT Hana Sky quartz countertops in kitchen and baths. Stainless steel appliances include a 36'' cooktop, wall oven, microwave and glass canopy hood. Walk-in shower at owner's bath. Multi slide door that leads out the covered patio. Flooring includes San Matte 12x24 Sand Matte laminate wood in all areas except beds/closets and so much more. Amenity Rich Mystic includes a Resort Style community pool, Rec center with year-round events, Hiking paths & community parks. The perfect location- close to shopping, restaurants, golf, Lake pleasant and the loop 303. PICTURES OF THIS HOME ARE FROM THE BLUEBELL MODEL.

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31985 N 117th Avenue Peoria, AZ 85383

$589,990

3 Beds

2 Baths

1,680 SqFt

Status Active

MLS # 6755529

Property Type Single Family Residence

Price Type --

It's the spacious Bluebell in the stunning community of Mystic. Walk-in shower at owner's bath with tile surrounds/floor. Multi slide door leads out to the covered patio. Pavers at drive, walk and entry. Stainless steel appliances include a 30'' cooktop, wall oven, microwave & canopy hood. Maple Linen-off white cabinets with soft close drawer and doors, pull out trash drawer and additional cabinets in laundry room and at owner's entry. Driftwood wood laminate floors in all areas except beds/closets. Amenity Rich Mystic includes a Resort Style community pool, Rec center with year-round events, Hiking paths & community parks. The perfect location- close to shopping, restaurants, golf, Lake pleasant and the loop 303. THE PICTURES ARE FROM THE BLUEBELL MODEL HOME.

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9550 N 178th Drive Waddell, AZ 85355

$589,990

4 Beds

3.5 Baths

3,221 SqFt

Status Active

MLS # 6780671

Property Type Single Family Residence

Price Type --

Premium Lot and DR Horton's sought after Phoenician plan! The Gorgeous home will be completed and ready to move in by end of this year! This plan has soaring ceilings with the primary bedroom downstairs and split. Open kitchen and huge slider are just a few of the great features. As you move upstairs you will enter the huge game room that splits 3 bedrooms and bonus media room! Bed 3 has its own bathroom perfect for older teen or guests! This home will have white quartz counter tops, shaker cabinets, wood like tile and much more! Conveniently located off the 303! Will not last long!

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20199 W Mulberry Drive Buckeye, AZ 85396

$589,990

3 Beds

2.5 Baths

2,397 SqFt

Status Active

MLS # 6593391

Property Type Single Family Residence

Price Type --

QUICK MOVE-IN HOME! MOVE INTO YOUR NEW HOME BEFORE THE HOLIDAYS! SPECIAL FINANCING WITH BELOW MARKET INTEREST RATES AVAILABLE! MOVE-IN PACKAGES AVAILABLE! PLEASE INQUIRE ABOUT THESE SPECIALS ON THIS QUICK MOVE-IN HOME AND OTHERS. ACT SOON BEFORE IT IS TOO LATE! It's our Carmona sitting on an OVERSIZED LOT WITH RV PARKING AVAILALE! This home has 3 bedrooms, study, 2.5 baths. Large walk-in shower at owner's bath with 12x12 tile surrounds. Multi slide door that leads out to the extended covered patio. Stainless steel double oven appliance package with a 36'' cooktop and canopy hood. Downing ''Espresso'' cabinets. Silver Falls granite countertops in kitchen and at the enhanced kitchen island. Upgrade flooring includes 18x18 EMS Anthem white tile with a 5'' base board/door casings except bedrooms & owner's closet. Soft water loop, dual sinks at bath 2, stub for future BBQ. 9' tall garage door and garage service door. Please verify all information with onsite agent . Thank you!

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