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Are Mammoth Fixers a Good Idea in Bad Areas? PDF  | Print |  E-mail

Are Mammoth Lakes California fixer uppers a good idea in bad areas?

It depends. Distressed properties or fixer-uppers can be found anywhere, even in wealthier neighborhoods. Such properties are poorly maintained and have a lower market value than other houses in the neighborhood.

Many Mammoth Lakes California market experts recommend that before you make such an investment, first find the least desirable house in the best neighborhood. Then do the math to see if what it would cost to bring up the value of that property to its full potential market value is within your budget. If you are a novice buyer, it may be wiser to look for properties that only need cosmetic fixes rather than run-down houses that need major structural repairs.



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Contact Information

Stacie Robbins
Mammoth Properties
3310 Main Street
PO Box: PO Box 424
Mammoth Lakes, CA, 93546
Office: 760-934-6881
Cell: 760-793-6344
Fax: 760-923-6393
Lic. #: CA 01463239