In this comprehensive guide, we examine what to look for in fixer-upper homes, offering strategies to spot high-value potential from an appraiser’s perspective. Critical considerations before purchase include affordability, potential profit, time, and effort required, as well as market trends. Key features to look for are location, expansion potential, and unique attributes. Essential tips include securing a home inspection, hiring professionals, and having a realistic budget with contingencies. Various financing options are explained, alongside free tools to assist potential buyers in their renovation journey.