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With shortage of homes, today’s buyers turning more to fixer-uppers – Sun Sentinel

Buying the perfect home that’s move-in ready may be more elusive than many people think.

A shortage of quality listings is forcing some South Floridians to buy lesser homes and renovate. While home renovations are nothing new, today’s buyers are struggling to find exactly what they want, so they’re lowering expectations and rolling up their sleeves.

They’re adding bedrooms and bathrooms, installing new countertops and redoing entryways to boost curb appeal — essentially biding their time on fixer-uppers until the market becomes more favorable.

First-time buyers Amanda Griffin, 28, and her boyfriend had planned on a single-family home, but they couldn’t find anything they liked in their price range of $300,000 to $350,000. So the couple decided to buy a cheaper place, a three-bedroom townhome in Delray Beach. After they close on the deal, they’ll put in new floors and appliances, knock down a wall or two, and apply a fresh coat of paint.

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