Millburn, Short Hills, Summit and Maplewood real estate and homes for sale in New Jersey, midtown direct communities, Millburn schools - Wendy Drucker, REALTOR® REALTOR® Logo - NUMBER1EXPERT™ NUMBER1EXPERT™ Logo
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Contact Wendy, a top selling Towne Realty Group agent at 973-204-0100 or at Wendydrucker.com

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School Reports in Millburn, Short Hills, Summit and Maplewood, New Jersey
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Real Estate Tips
Bargain Properties >Bargain Homes

Most buyers want a home that is in tip-top condition and ready for them to occupy, but many homes sell for bargain prices because they need work. Buyers love "fixer-uppers" for the obvious reasons: the affordable price and the satisfaction of remodeling the house to accommodate your tastes and needs.

Whether you are buying the property for yourself or as an investment, choose a house that is in a good location and structurally sound. It should be priced enough below market value (usually 25%) to allow plenty of room for a profitable re-sale after the work is completed.

It is important to educate yourself before taking on a fixer-upper project. Inexpensive cosmetic improvements often give the greatest return on your investment-- paint will increase the value three times for every dollar invested. Landscaping, carpeting, and light fixtures are also relatively inexpensive improvements. Try to avoid purchasing a house that needs expensive structural improvements such as a new roof, plumbing, wiring, or foundation repairs.

Remodeling a kitchen will rarely add more than the cost of the upgrade, but new appliances usually give a fine return. An extra bathroom is the best renovation from an investment point of view, often giving twice its cost in added value.      

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Real Estate Trivia
Q 
Legend has it that when Brigham Young first saw this city in 1847, he exclaimed: "This is the place!"

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Salt Lake City, Utah.
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Wendy Drucker, REALTOR®, real estate agent and broker for Millburn, Short Hills, Summit and Maplewood New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Wendy Drucker
Towne Realty Group

511 Millburn Avenue
Shorts Hills, NJ 07078
Tel: 973-376-8300
Fax: 973-532-0204
Cell: 973-204-0100
Email: Wendy@WendyDrucker.com

I am an expert in the towns that I serve and love what I do. My financial background from my Wall Street Bond Trading days serve me well in power negotiating. As an involved resident who has lived in town for many years, I bring you my unique insight into the local markets.

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