New flooring is a top priority for fixer-upper homes

Many first-time buyers are attracted to fixer-upper homes, which homes in bad condition that are sold at a discount price. For example, a one-bedroom flat in Fife, Scotland is currently on the market for £25,000, but requires a full refurbishment programme. In the Chester area, a house suitable for renovation may cost over £100,000, but this is well below the average house price in the region.

Replacing the flooring is a priority for most of these poor condition homes. If the existing flooring is hardwood, it can be sanded and refinished. Carpets are a cost-effective floor covering for living areas. For wet areas like kitchens and bathrooms, luxury vinyl tiles are a good choice. One advantage of luxury vinyl tile in Chester properties is that they add financial value to the property. Although householders can save money by installing new vinyl tiles themselves, it is a skilled job best done by professional installers.

Most fixer-upper properties also need a new bathroom and kitchen, but if the new homeowners cannot afford this, these upgrades can be added later when funds are available. New flooring is a higher priority than putting up with an outdated kitchen and bathroom.

Another worthwhile job to do before or soon after moving in is to upgrade the energy efficiency of the property by fitting a new boiler and adding better quality insulation.

For those struggling to afford their first home, a fixer-upper given some TLC could be the solution.