Get Ahead in Real Estate With an “Ugly Duckling” House

Get Ahead in Real Estate With an "Ugly Duckling" HouseWhy buy the pretty house with the high price tag when you can buy the “ugly duckling” and turn it into a swan that’s worth a lot more than you paid for it?

Buyers naturally gravitate toward pretty houses. Their brain automatically says “Yes” when a house shows well, and “No” when it doesn’t. But, if you can take the time to think it through, you can come out ahead in Washington’s expensive real estate marketplace.

This spring many houses between $500,000-$900,000 that show well and are priced right will get multiple offers, which means you will end up paying a lot. On the other hand, if you can look beyond things like outdated or bad decorating, dirt or clutter, poor paint colors, plastic shutters, a weed-ridden lawn and a lot of other negatives, you may get a very good buy whose shortcomings can be corrected with just a little extra time and money on your part.

At Gay Realty Watch, we look for news to share with you about the gay real estate market – both lgbt real estate news and news specific to gay and lesbian real estate meccas.

Full Story from the Washington Blade

Click here for gay realtors, mortgage lenders, and other real estate professionals.

If you have a gay real estate story that you’d like to share with us, contact us at [email protected]