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Updated about 4 years ago,
Timing issue: pre-renovation.
Hello!
My wife and I are finalizing on a triplex in a mountain Ski-town. The property is currently a C+ to B-, and the interior/exterior/common area is in need of cosmetic repairs.
The problem is that we will not be able to do a complete renovatation until the summer due to financial and timing issues. We will be able to have the available unit furnished, with a fresh coat of paint and other touch-ups, but the kitchen, bathroom, and deck would still be outdated.
I have two questions: 1) in terms of the reviews and quality, would this affect our future listing of the finished property; and 2) are there any other issues to know about for a property that is pre-renovation?
Thank you!!