Looking to buy a major fixer upper in the town of Cranbury and want to know if you think it is worth putting a lot of $ into renos in this market?

Asked by Sabrina Morley, Cranbury, NJ Sun Feb 3, 2013

the house is listed as a 3 Br but the 3rd "BR" is just a cut thru so we would have to build a MBR (suite) - since we have two kids, plus move the laundry from the kitchen to the upper level - and possibly a family rm addition as well...aside from the other "updates" it needs....

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Sabrina Morl…, Home Buyer, Cranbury, NJ
Sat Mar 2, 2013
Thank you for all of the feedback! i am still deciding where to go but I appreciate the offers for help and will use them if need be.
0 votes
S, , Princeton, NJ
Sat Mar 2, 2013
Hi Sabrina,

Cranbury, West Windsor, Plainsboro, Princeton real estates are generally popular due to good schools and easy commute to NYC & Philly. So buying a fixer upper in these areas at reasonable price and renovating is a good investment.
If you need guidance for Cranbury or neighborhood properties, feel free to contact me directly;
Tel: 609-606-5077
Email: sweta_ganai@yahoo.com

Best wishes,

Mahasweta "Sweta" Ganai
Keller Williams Realty
0 votes
Anthony.cava…, , Hamilton, NJ
Mon Feb 4, 2013
Hi Sabrina,
I have worked the Cranbury Market for many years.
My rule of thumb is buy the least expensive property in the most desirable area.
Fix it up and make a great profit. This works in Cranbury, Princeton or any area with a high net worth population.
Anthony Cavallaro
Prudential Fox & Roach Real Estate
Properties World Wide
0 votes
Susan McKeon…, Agent, Princeton, NJ
Sun Feb 3, 2013
Hi Sabrina, Like everything in real estate, location is most important when deciding how much $$ to improve a house. On a positive note, real estate in Cranbury is an overall good investment so if the house can be gotten for a reasonable price, it's probably worth putting the money into renovations.
I've done many house renovations on my Cranbury homes and I have great resources. I'd be happy to guide you if you need help.
Susan Paterson, Keller Williams
0 votes
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