Emilie Broughton Real Estate Blog

Is a Fixer-Upper the Answer?

With interest rates moving higher and the inventory of houses low, many are
considering whether a “fixer-upper” might be a better choice than a ready to move
in “turnkey” property.

A “fixer-upper” could give more bang for the buck if what needs to be fixed is more
cosmetic than fundamental. A coat of paint can be a do-it-yourself project, but
removing wet mold is a major project. You can change the landscaping, but you
cannot change the location. You need to decide how big a project you are able to
take on, and how you will finance these repairs.

Evaluate the results of inspections carefully. Expect the unexpected. Work with
recommended licensed contractors. Add 25% to your estimated costs for the
unexpected.

This entry was posted in Blog, Real Estate.
Image of Emilie Broughton

About Emilie

A transplant from the Pacific Northwest, Emilie has first-hand knowledge of the ins-and-outs of first-time home ownership and remodeling. She has become involved in the local art community and all the diversity Southern California has to offer and more recently has expanded her knowledge to include New Mexico.

Emilie’s passion to be involved in her community led her to become a licensed Realtor and Broker.  She continues to educate herself on different aspects of real estate to support clients with a variety of needs.  She is certified as a Military Relocation Professional (MRP) to work with U.S. Service families and veterans to find affordable housing solutions.

Having worked for both a small boutique firm and a company with a global presence, in 2023 she formed Emilie Broughton Real Estate to work with buyers, sellers, landlords, and tenants in California and New Mexico.

Splitting her time between the Land of Enchantment and the Golden State, Emilie focuses on Los Angeles County and the Greater Albuquerque metro area, helping her clients achieve their real estate goals in both Mountain and Pacific Time Zones.

Emilie represented her region as a California Real Estate State Director for three years.  She has served as President of the Pasadena Foothills Association of Realtors and is a multi-year recipient of the Five-Star Real Estate Professionals Award for the outstanding service she provides to her clients.

Emilie Broughton Broker I Owner DRE#01880930
RBFB, Inc. DBA Emilie Broughton Real Estate, California DRE #02222069
New Mexico QB License Number REC-2022-0478