Finding Fixer Upper Homes For Sale In Newport Beach

Posted by Tracey Kormushoff on Wednesday, January 25th, 2012 at 11:11pm.

Finding Fixer Upper Homes For Sale In Newport Beach is easy to find if you know where to look and are ready to act quick.  With the recent downturn in the economy it seems like a lot of buyers are looking for homes that are completely redone and for the lowest prices.  Days of buying fixer upper homes, doing simple renovations and flipping them back on the market are gone.  Today's home buyers are more savvy and know they can be a totally renovated home at bargain prices which will save them more money in not having any renovation costs after the buy the home.  Now with the economy starting to pick back up more and more Newport Beach home buyers are looking for fixer upper homes.  Of course, they still want these homes at a deep discount but the demand for these types of homes has increase.  We did a quick search for the number of fixer upper homes on the market and found six properties for sale ranging from $595,000 to just under $2.5 million.  If you do find a well priced fixer upper home make sure you act quick and the supply of homes are currently very low.  We also recommend working with a local Newport Beach realtor who can advise you on any local rules and regulations that may effect the purchase price that you are willing to pay.

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