{"id":9869,"date":"2024-05-01T00:00:32","date_gmt":"2024-05-01T07:00:32","guid":{"rendered":"https:\/\/www.storagecafe.com\/blog\/?p=9869"},"modified":"2024-05-08T04:39:38","modified_gmt":"2024-05-08T11:39:38","slug":"best-cities-to-buy-a-fixer-upper","status":"publish","type":"post","link":"https:\/\/www.storagecafe.com\/blog\/best-cities-to-buy-a-fixer-upper\/","title":{"rendered":"Top Cities Where Fixer-Uppers Cut The Path To Homeownership: LA, Chicago Lead The Way With Most Fixers For Sale, Biggest Savings"},"content":{"rendered":"<p><em><strong>Key takeaways:<\/strong><\/em><\/p>\n<ul>\n<li><strong><em>Los Angeles, CA, and Chicago, IL, are the best cities for fixer-uppers thanks to a combination of available listings and savings potential.<\/em><\/strong><\/li>\n<li><strong><em>Fixer-uppers come with a $283K median price tag, 29% lower than a move-in-ready home. Moreover, in 20 out of the 50 largest cities, fixer-uppers cost 50% less than regular homes.<\/em><\/strong><\/li>\n<li><strong><em>Los Angeles, CA, plays in a league of its own, yielding the biggest savings by far for people looking to buy a fixer-upper. There\u2019s a huge $945K difference in asking prices between move-in-ready homes and properties in need of some TLC. Kansas City, MO, and Dallas, TX, rank second and third, each offering a chance at savings of over $200K.<\/em><\/strong><\/li>\n<li><strong><em>One in 10 houses is a fixer-upper among the 50 largest U.S. cities<\/em><\/strong><\/li>\n<li><strong><em>Detroit, MI, Cleveland, OH, and Philadelphia, PA, are home to the largest shares of fixer-uppers among their local active listings\u2019 inventories.<\/em><\/strong><\/li>\n<\/ul>\n<p>High home prices, expensive mortgages and an insufficient housing inventory are all hallmarks of the current housing market that often turn home acquisition into bidding wars. With the <a href=\"https:\/\/www.storagecafe.com\/blog\/state-to-state-moving-trends\/\" target=\"_blank\" rel=\"noopener\">intensified state-to-state migration<\/a> activity adding an extra layer of competitiveness, certain places appear virtually inaccessible, especially for first-time homebuyers.<\/p>\n<p>One way to still get a bite of the homeownership pie is to roll up your sleeves and get renovating. Getting a fixer-upper may offer some financial respite for those looking to enter the housing market at a lower price point, as they are typically more affordable upfront compared to move-in-ready homes. Additionally, renovating a fixer-upper can add value to the property over time, potentially increasing its resale value. Of course, the costs of remodeling are paramount here as they can make or break the deal. A home makeover in Wichita, KS, may cost as little as $45K, according to home improvement loan data from <a href=\"https:\/\/constructioncoverage.com\/research\/cities-investing-most-in-home-improvements\" target=\"_blank\" rel=\"noopener\">Construction Coverage<\/a>, but you\u2019ll need to budget an average of $255K to restore an abode in San Jose, CA, to its former glory.<\/p>\n<p>All things considered, the potential for financial savings and the chance to customize make purchasing a fixer-upper an attractive route to homeownership. But where can you find a steal with renovation potential? Some cities are faring much better than others in offering alternatives for budget-minded buyers who share Joanna Gaines\u2019s love of <a href=\"https:\/\/www.storagecafe.com\/blog\/home-improvement-in-the-us-relying-heavily-on-diy\/\" target=\"_blank\" rel=\"noopener\">home improvement<\/a>.<\/p>\n<p>To discover the <strong>best places to buy a fixer-upper<\/strong>, we turned to our sister division Point2, a full-service real estate search portal. We\u2019ve analyzed more than 70K active listings for homes for sale in 50 of the most populous cities and calculated the difference in asking prices between homes displaying fixer-upper characteristics (e.g., \u201cTLC,\u201d \u201cgood bones,\u201d \u201cas-is\u201d) compared to regular listings. We then ranked the cities based on a combined metric that includes the potential savings while factoring in the available stock of fixer-uppers in a specific location \u2014 mainly because you may still want to check a few options before selecting the one \u201cunpolished gem\u201d to turn into your forever home.<\/p>\n<p>As it turns out, fixer-upper homes come with a $283K median price tag, 29% lower than a move-in ready home. Buying a fixer-upper as opposed to a turnkey home may result in savings of nearly $117K, on average. Moreover, in 20 out of the 50 largest cities, fixer-uppers are at least 50% cheaper than regular homes.<\/p>\n<p><iframe id=\"datawrapper-chart-eFwRJ\" style=\"width: 0; min-width: 100% !important; border: none;\" title=\"How Much Does a Fixer-Upper Cost in the U.S.?\" src=\"https:\/\/datawrapper.dwcdn.net\/eFwRJ\/2\/\" height=\"162\" frameborder=\"0\" scrolling=\"no\" aria-label=\"Bar Chart\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">!function(){\"use strict\";window.addEventListener(\"message\",(function(a){if(void 0!==a.data[\"datawrapper-height\"]){var e=document.querySelectorAll(\"iframe\");for(var t in a.data[\"datawrapper-height\"])for(var r=0;r<e.length;r++)if(e[r].contentWindow===a.source){var i=a.data[\"datawrapper-height\"][t]+\"px\";e[r].style.height=i}}}))}(); \n\n<\/script><\/p>\n<p>Combining availability with the potential to save big, Los Angeles, CA is not short of bargain material. It ranks first among the largest urban hubs in offering a favorable turf for home flippers to explore. The price difference between a turnkey home and a fixer upper in LA hits a whopping $945K. That\u2019s more than double the national average for a fixer-upper home.<\/p>\n<p><iframe id=\"datawrapper-chart-LFm1R\" style=\"width: 0; min-width: 100% !important; border: none;\" title=\"The 10 Best Cities for Buying a Fixer-Upper\" src=\"https:\/\/datawrapper.dwcdn.net\/LFm1R\/1\/\" height=\"684\" frameborder=\"0\" scrolling=\"no\" aria-label=\"Locator maps\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">!function(){\"use strict\";window.addEventListener(\"message\",(function(a){if(void 0!==a.data[\"datawrapper-height\"]){var e=document.querySelectorAll(\"iframe\");for(var t in a.data[\"datawrapper-height\"])for(var r=0;r<e.length;r++)if(e[r].contentWindow===a.source){var i=a.data[\"datawrapper-height\"][t]+\"px\";e[r].style.height=i}}}))}(); \n\n<\/script><\/p>\n<h2><span class=\"ez-toc-section\" id=\"LA-is-the-best-city-for-fixer-uppers-alongside-two-other-CA-cities\"><\/span>LA is the best city for fixer-uppers, alongside two other CA cities<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Los Angeles, CA, reigns supreme as a renovator\u2019s delight<\/strong>, thanks to a combination of active fixer-upper listings and potential savings resulting from choosing a home in need of repairs compared to a turnkey one. Prospective homebuyers looking for a <a href=\"https:\/\/www.storagecafe.com\/blog\/finding-fixer-uppers-in-los-angeles\/\" target=\"_blank\" rel=\"noopener\">home that needs some TLC have plenty of options in the City of Angels<\/a>, with 26% of the for-sale inventory representing fixer-uppers. While turnkey homes come with a price tag of over $1.9M on average, a fixer-upper home calls for a little over $1M. In other words, buying a fixer-upper amounts to a difference of $945K, the largest savings potential among all the cities we analyzed. That said, LA is no cheap place. Remodeling that diamond in the rough you found will cost another $155K on average.<\/p>\n<div id=\"attachment_15434\" style=\"width: 780px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-15434\" class=\"wp-image-15434 size-large\" src=\"https:\/\/www.storagecafe.com\/blog\/wp-content\/uploads\/sites\/44\/2024\/03\/Residential-house-on-the-West-Side-of-Los-Angeles-City-California.jpg?w=770\" alt=\"Residential house on the West Side of Los Angeles City, California\" width=\"770\" height=\"515\" srcset=\"https:\/\/www.storagecafe.com\/blog\/wp-content\/uploads\/sites\/44\/2024\/03\/Residential-house-on-the-West-Side-of-Los-Angeles-City-California.jpg 770w, https:\/\/www.storagecafe.com\/blog\/wp-content\/uploads\/sites\/44\/2024\/03\/Residential-house-on-the-West-Side-of-Los-Angeles-City-California.jpg?resize=300,201 300w, https:\/\/www.storagecafe.com\/blog\/wp-content\/uploads\/sites\/44\/2024\/03\/Residential-house-on-the-West-Side-of-Los-Angeles-City-California.jpg?resize=768,514 768w\" sizes=\"auto, (max-width: 770px) 100vw, 770px\" \/><p id=\"caption-attachment-15434\" class=\"wp-caption-text\">Residential house on the West Side of Los Angeles City, California<\/p><\/div>\n<p>One other thing to consider is space. In line with national trends, fixer-uppers in LA are smaller than regular listings, at about 1,730 square feet. That translates to losing about 660 square feet compared to a turnkey home \u2014 about the <a href=\"https:\/\/www2.d125.org\/im\/ACAD\/pdf\/room_sizes.pdf\" target=\"_blank\" rel=\"noopener\">combined size of a living room and a small kitchen<\/a>. But that\u2019s where self storage can do loads of good. Besides helping buyers keep things away from home during the renovation process, it can also assist with making the most of smaller spaces. Belongings that don\u2019t see everyday use can easily stay in a storage unit without cluttering the living space. Renting a <a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/ca\/los-angeles\/\">storage unit in Los Angeles<\/a> comes down to $245\/month.<\/p>\n<p>Still in the LA area, <strong>Long Beach, CA<\/strong>, is also emerging as a vibrant fixer-upper hot spot. About 20% of homes listed for sale are fixer-uppers, so you\u2019ll have plenty of options to choose from as you chase homeownership at a discount. With a median price of $837K, buying a home that carries a fixer label can bring you savings to the tune of $134.5K, one of the highest in our ranking. Thanks to a diverse housing stock that runs the gamut from craftsman bungalow and Spanish Revival to mid-century modern, you\u2019re likely to find a fixer in an architectural style to your liking. For the time you\u2019ll spend renovating your fixer-upper, you can turn to self storage to help you better manage the project. A <a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/ca\/long-beach\/\" target=\"_blank\" rel=\"noopener\">storage unit in Long Beach<\/a> rents for $193\/month on average.<\/p>\n<p>A little north, <strong>Fresno, CA<\/strong>, also comes up on the radar as a great place for fixer-upper potential. Unlike many housing markets in California, Fresno positions itself as an affordability haven. A regular home lists for $452K, but going for a home with good bones can be a true bargain, as it asks roughly for $303K. This amounts to savings of about $149K. Remodeling costs are sitting at approximately $85K on average \u2014 it\u2019s clear that taking the fixer home path is worth it financially.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"The-Midwest-is-home-to-plenty-of-fixer-upper-gems-with-Chicago-IL-taking-center-stage\"><\/span>The Midwest is home to plenty of fixer-upper gems with Chicago, IL, taking center stage<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Chicago, IL<\/strong>, lands second nationally for fixer-upper homes. <a href=\"https:\/\/www.illinoisrealtors.org\/wp-content\/uploads\/2023\/12\/SHDRE-annual-forecast-for-2024.pdf\" target=\"_blank\" rel=\"noopener\">Chicago is one of the hottest real estate markets<\/a> in the country, with home prices estimated to continue their climb in 2024. Turning to a home in need of repairs might indeed pave the way to homeownership for first-time buyers in the Windy City, as approximately 19% of local listings qualify as fixer-uppers with potential savings that hit $190K on average. While a regular home lists for $424K, you\u2019d pay about $235K for a fixer home. Home improvement loans range around $75K in Chicagoland, lower than most other urban hubs including those in California, Texas, Florida and New York.<\/p>\n<p>Another Midwest location, <strong>Minneapolis, MN<\/strong>, is shaping up to be a prime destination for fixer-uppers, boasting a sizeable share of bargain homes representing 20% of active listings. That\u2019s no surprise given Minneapolis is one of the <a href=\"https:\/\/www.storagecafe.com\/blog\/top-cities-for-historic-homes-with-key-tips-for-restoration\/\" target=\"_blank\" rel=\"noopener\">best cities to find historic homes<\/a>, giving buyers a wide pool of abodes with historic charm to choose from. Regular homes are already moderately priced here \u2014 at about $330K, but a fixer home is even cheaper, averaging $204K. That leaves you with a potential savings of $125K. The investment is all the more worthwhile here, as it takes about $65K to remodel a property in the Twin Cities, based on home improvement loan data.<\/p>\n<div id=\"attachment_15408\" style=\"width: 780px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-15408\" class=\"wp-image-15408 size-large\" src=\"https:\/\/www.storagecafe.com\/blog\/wp-content\/uploads\/sites\/44\/2024\/03\/residential-house-in-Minneapolis-metro-area-fall-season.jpg?w=770\" alt=\"residential house in Minneapolis metro area, fall season\" width=\"770\" height=\"515\" srcset=\"https:\/\/www.storagecafe.com\/blog\/wp-content\/uploads\/sites\/44\/2024\/03\/residential-house-in-Minneapolis-metro-area-fall-season.jpg 770w, https:\/\/www.storagecafe.com\/blog\/wp-content\/uploads\/sites\/44\/2024\/03\/residential-house-in-Minneapolis-metro-area-fall-season.jpg?resize=300,201 300w, https:\/\/www.storagecafe.com\/blog\/wp-content\/uploads\/sites\/44\/2024\/03\/residential-house-in-Minneapolis-metro-area-fall-season.jpg?resize=768,514 768w\" sizes=\"auto, (max-width: 770px) 100vw, 770px\" \/><p id=\"caption-attachment-15408\" class=\"wp-caption-text\">Residential house in Minneapolis, MN<\/p><\/div>\n<p>Also hailing from the Midwest, <strong>Kansas City, MO<\/strong>, joins in the fixer-upper frenzy. About 13% of the listings are fixer homes locally. Zooming in on asking prices, a regular home is listed at $400K, while a fixer home calls for $170K. That would save you $229K on average, the second-highest savings resulting from buying a home with a fixer label. Given that remodeling loans in the Kansas City metro area average $65K, they could comfortably cover repairing your new home while enhancing property values.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Chock-full-of-historic-charm-Southern-cities-are-prime-for-fixer-upper-potential\"><\/span>Chock full of historic charm, Southern cities are prime for fixer-upper potential<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>As one of the most <a href=\"https:\/\/www.storagecafe.com\/blog\/california-to-texas-moving\/\" target=\"_blank\" rel=\"noopener\">popular relocation destinations in Texas<\/a>, <strong>Dallas, TX<\/strong>, is also experiencing the ripples of a more competitive housing market. With a regular home listed at $500K, bargain homes naturally seem the more appealing choice, averaging $283K. Opting for a home with good bones could, in fact, lead to significant savings \u2014 roughly $217K on average. Even after factoring in remodeling costs, which average around $105K for a home improvement loan, the financial benefits remain considerable.<\/p>\n<p>About 12% of active listings in Dallas are TLC homes, giving you plenty of options if you\u2019re looking for a gem to polish. Although fixer-uppers are smaller than a turnkey home in Dallas \u2014 1,400 square feet versus 2,014 square feet \u2014 they\u2019re generally sitting on bigger lots. You get close to 8,000 square feet in your fixer backyard, an additional 360 square feet of yard space compared to the lot size of a standard home. Further helping with maximizing space at home, self storage is on the cheaper side in Dallas with a <a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/tx\/dallas\/\" target=\"_blank\" rel=\"noopener\">storage unit<\/a> renting for $73\/month on average.<\/p>\n<p>In another Southern gem, <strong>Louisville, KY<\/strong>, roughly 13% of the current listings inventory features fixer homes, giving plenty of choice to those willing to put in some elbow grease. While regular homes already boast an affordable average price of $320K, those in need of repairs come even cheaper at $185K. Considering the substantial $135K in savings from purchasing a fixer home and the average cost of remodeling in the Louisville metro area at $65K, it\u2019s certainly worth considering this investment for the chance to transform it into a personalized dream home.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Baltimore-MD-and-Philadelphia-PA-are-East-Coasts-fixer-star-cities\"><\/span>Baltimore, MD, and Philadelphia, PA, are East Coast\u2019s fixer star cities<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Located on the East Coast, <strong>Baltimore, MD<\/strong>, boasts a diverse architectural history, priming it to be a treasure trove for diamond-in-the-rough homes. About 26% of the homes listed for sale are hinting at remodeling potential. They also come with an attractive price tag of $135K, shaving about $102K off the price of a typical listing. That makes a fixer-upper 43% cheaper than a move-in-ready home in Baltimore.<\/p>\n<p>Famous for its townhouse building tradition, <strong>Philadelphia, PA<\/strong>, combines availability of fixer-uppers with affordable prices. The City of Brotherly Love has one of the highest inventories of homes needing some work, representing 28% of all listings. Regular homes already come with an attractive price tag here compared to other urban hubs \u2014 at $278K \u2014 but going for a fixer home can bring that price down even more. In fact, you\u2019d be saving $96K when snagging a property carrying a fixer-upper label. With the median cost of renovating a fixer in the Philly metro area standing at around S75K, it\u2019s worth it for buyers to take this route compared to buying a regular home.<\/p>\n<div id=\"attachment_15410\" style=\"width: 780px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-15410\" class=\"wp-image-15410 size-large\" src=\"https:\/\/www.storagecafe.com\/blog\/wp-content\/uploads\/sites\/44\/2024\/03\/Colorful-brick-townhouses-on-Washington-square-in-Philadelphia-Center-City.jpg?w=770\" alt=\"Colorful brick townhouses on Washington square in Philadelphia Center City\" width=\"770\" height=\"515\" srcset=\"https:\/\/www.storagecafe.com\/blog\/wp-content\/uploads\/sites\/44\/2024\/03\/Colorful-brick-townhouses-on-Washington-square-in-Philadelphia-Center-City.jpg 770w, https:\/\/www.storagecafe.com\/blog\/wp-content\/uploads\/sites\/44\/2024\/03\/Colorful-brick-townhouses-on-Washington-square-in-Philadelphia-Center-City.jpg?resize=300,201 300w, https:\/\/www.storagecafe.com\/blog\/wp-content\/uploads\/sites\/44\/2024\/03\/Colorful-brick-townhouses-on-Washington-square-in-Philadelphia-Center-City.jpg?resize=768,514 768w\" sizes=\"auto, (max-width: 770px) 100vw, 770px\" \/><p id=\"caption-attachment-15410\" class=\"wp-caption-text\">Colorful brick townhouses on Washington square in Philadelphia, PA<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Western-cities-score-lowest-for-fixer-upper-potential\"><\/span>Western cities score lowest for fixer-upper potential<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>At the other end of the spectrum, Henderson, NV, is the least likely place to attract fans of makeover projects. Homes in need of repairs are scarce, with only 3% of local inventory representing fixer-uppers. Similarly, Arizona\u2019s Mesa also has a low supply of fixer homes (3%), followed by Sacramento, CA, where homes in need of TLC make up 4% of the listed inventory. Tucson and Phoenix are also Arizona places where finding a fixer-upper is more challenging, with both cities registering low supplies of homes in need of renovation.<\/p>\n<p>Outside of the Southwest, some Texas cities are also places where finding a fixer-upper might turn into a treasure hunt. One of the reasons might be the intense real estate activity in the past decade that revitalized and renewed the housing stock across the state. Houston, in particular, which emerged as the <a href=\"https:\/\/www.storagecafe.com\/blog\/most-active-cities-for-real-estate-development\/\" target=\"_blank\" rel=\"noopener\">most active real estate market of the decade<\/a>, also shone in the residential department. Space City came first for single-family home construction, with no fewer than 55,600 building permits issued between 2013 and 2022. It may come as no surprise, then, to see Houston having the lowest inventory of fixer-upper homes, currently at 1% of active listings.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Where-can-you-save-the-most-when-buying-a-fixer-upper\"><\/span>Where can you save the most when buying a fixer-upper?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Fixer-uppers have the upper hand in terms of affordability across most of the 50 largest U.S. cities. Nationally, you get the heftiest cash savings resulting from picking a fixer-upper over a move-in-ready home in Los Angeles, to the tune of $945K, about seven times more than the national average savings in our study.<\/p>\n<p>Outside of California, you can access sizeable savings when buying a fixer-upper that can make a difference in your home-buying budget. For instance, looking at Kansas City, MO, or Dallas, TX, you get to save over $200K in both cities when going for a home that needs some TLC. That brings the cost to an attractive $170K in Kansas City and $283K in Dallas. Moreover, in Chicago, you can save about $190K when going for a fixer home, whereas going for a home in need of TLC in Bakersfield, CA, and Corpus Christi, TX, can save you over $160K in both cities.<\/p>\n<p><iframe id=\"datawrapper-chart-JczKA\" style=\"width: 0; min-width: 100% !important; border: none;\" title=\"Top 50 Cities for Fixer-Upper Savings\" src=\"https:\/\/datawrapper.dwcdn.net\/JczKA\/1\/\" height=\"2073\" frameborder=\"0\" scrolling=\"no\" aria-label=\"Table\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">!function(){\"use strict\";window.addEventListener(\"message\",(function(a){if(void 0!==a.data[\"datawrapper-height\"]){var e=document.querySelectorAll(\"iframe\");for(var t in a.data[\"datawrapper-height\"])for(var r=0;r<e.length;r++)if(e[r].contentWindow===a.source){var i=a.data[\"datawrapper-height\"][t]+\"px\";e[r].style.height=i}}}))}(); \n\n<\/script><\/p>\n<p>Interestingly, fixer-uppers may come with higher price tags than regular homes in some places. As with everything else in real estate, it often boils down to location, which is what drives prices up, especially since many fixer properties are historic gems located in highly coveted neighborhoods. This may also reflect the generous living space they offer compared to newer properties, which <a href=\"https:\/\/www.storagecafe.com\/blog\/best-cities-for-lot-and-home-sizes\/\" target=\"_blank\" rel=\"noopener\">tend to be on the smaller side<\/a>. That\u2019s the case in Austin, TX, where fixer homes cost almost $260K more than regular homes. Most fixers for sale in Austin are located in some of the best neighborhoods in the city, such as Zilker and Bouldin Creek. South Austin and Johnston Terrace are also desirable neighborhoods that buyers tend to favor over other, often more affordable locations, even if that means putting in some sweat to make the home their own.<\/p>\n<p>In San Jose, CA, fixer-upper prices surpass those of turnkey homes by approximately $181K. This might be due to their larger home sizes or their location in sought-after neighborhoods like West San Jose, Dorsa Miller or Overfelt High. Likewise, in San Diego, fixer-uppers also command a higher price tag than move-in-ready homes. On average, the price difference amounts to $35K and is largely influenced by homes in Point Loma Heights, Sunset Cliffs and Ocean Cliffs.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Fixer-upper-homebuyers-get-a-renovation-head-start-and-more-propped-up-by-self-storage\"><\/span>Fixer-upper homebuyers get a renovation head start and more propped up by self storage<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Buying a home is complicated enough, requiring plenty of planning and more, but going for a fixer-upper brings in a slew of new challenges. Since these types of homes are not ready to move in, renovations are typically in order, and dealing with your belongings is something that you need to tackle. Self storage comes in particularly handy at this point, as you can easily keep furniture, clothes and other possessions in a storage unit until work is complete.<\/p>\n<p>Moreover, most fixer-uppers offer a smaller living space. Our findings show that in most cities included in the research, fixer-uppers are smaller than turnkey homes. While a turnkey averages 1,860 square feet, a fixer-upper offers about 1,550 square feet of living. The difference amounts to about 300 square feet, about <strong>the size of a typical one-car garage<\/strong>. In this context, fixer homeowners can also find self storage useful, providing additional space away from home for belongings that don\u2019t see everyday use, such as seasonal decorations, clothing and outdoor gear.<\/p>\n<h2 id=\"tablepress-121-name\" class=\"tablepress-table-name tablepress-table-name-id-121\"><span class=\"ez-toc-section\" id=\"Self-Storage-Rates-and-Availability-in-Largest-US-Cities\"><\/span>Self Storage Rates and Availability in Largest U.S. Cities<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n<table id=\"tablepress-121\" class=\"tablepress tablepress-id-121\" aria-labelledby=\"tablepress-121-name\" aria-describedby=\"tablepress-121-description\">\n<thead>\n<tr class=\"row-1\">\n\t<th class=\"column-1\">Rank<\/th><th class=\"column-2\">City<\/th><th class=\"column-3\">State<\/th><th class=\"column-4\">Self Storage Rent*<\/th><th class=\"column-5\">Self Storage Sq. Ft. per Capita<\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-striping row-hover\">\n<tr class=\"row-2\">\n\t<td class=\"column-1\">1<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/ok\/oklahoma-city\/\" target=\"_blank\" rel=\"noopener\">Oklahoma City<\/a><\/td><td class=\"column-3\">OK<\/td><td class=\"column-4\">$85<\/td><td class=\"column-5\">8.3 <\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">2<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/tn\/memphis\/\" target=\"_blank\" rel=\"noopener\">Memphis<\/a><\/td><td class=\"column-3\">TN<\/td><td class=\"column-4\">$92<\/td><td class=\"column-5\">8.0 <\/td>\n<\/tr>\n<tr class=\"row-4\">\n\t<td class=\"column-1\">3<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/ne\/omaha\/\" target=\"_blank\" rel=\"noopener\">Omaha<\/a><\/td><td class=\"column-3\">NE<\/td><td class=\"column-4\">$94<\/td><td class=\"column-5\">7.1 <\/td>\n<\/tr>\n<tr class=\"row-5\">\n\t<td class=\"column-1\">4<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/ca\/bakersfield\/\" target=\"_blank\" rel=\"noopener\">Bakersfield<\/a><\/td><td class=\"column-3\">CA<\/td><td class=\"column-4\">$97<\/td><td class=\"column-5\">8.8 <\/td>\n<\/tr>\n<tr class=\"row-6\">\n\t<td class=\"column-1\">5<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/in\/indianapolis\/\" target=\"_blank\" rel=\"noopener\">Indianapolis<\/a><\/td><td class=\"column-3\">IN<\/td><td class=\"column-4\">$97<\/td><td class=\"column-5\">6.8 <\/td>\n<\/tr>\n<tr class=\"row-7\">\n\t<td class=\"column-1\">6<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/ok\/tulsa\/\" target=\"_blank\" rel=\"noopener\">Tulsa<\/a><\/td><td class=\"column-3\">OK<\/td><td class=\"column-4\">$99<\/td><td class=\"column-5\">9.0 <\/td>\n<\/tr>\n<tr class=\"row-8\">\n\t<td class=\"column-1\">6<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/oh\/columbus\/\" target=\"_blank\" rel=\"noopener\">Columbus<\/a><\/td><td class=\"column-3\">OH<\/td><td class=\"column-4\">$99<\/td><td class=\"column-5\">4.4 <\/td>\n<\/tr>\n<tr class=\"row-9\">\n\t<td class=\"column-1\">8<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/oh\/cincinnati\/\" target=\"_blank\" rel=\"noopener\">Cincinnati<\/a><\/td><td class=\"column-3\">OH<\/td><td class=\"column-4\">$101<\/td><td class=\"column-5\">3.8 <\/td>\n<\/tr>\n<tr class=\"row-10\">\n\t<td class=\"column-1\">8<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/ks\/wichita\/\" target=\"_blank\" rel=\"noopener\">Wichita<\/a><\/td><td class=\"column-3\">KS<\/td><td class=\"column-4\">$101<\/td><td class=\"column-5\">6.7 <\/td>\n<\/tr>\n<tr class=\"row-11\">\n\t<td class=\"column-1\">10<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/ky\/louisville\/\" target=\"_blank\" rel=\"noopener\">Louisville<\/a><\/td><td class=\"column-3\">KY<\/td><td class=\"column-4\">$102<\/td><td class=\"column-5\">7.5 <\/td>\n<\/tr>\n<tr class=\"row-12\">\n\t<td class=\"column-1\">10<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/wi\/milwaukee\/\" target=\"_blank\" rel=\"noopener\">Milwaukee<\/a><\/td><td class=\"column-3\">WI<\/td><td class=\"column-4\">$102<\/td><td class=\"column-5\">3.7 <\/td>\n<\/tr>\n<tr class=\"row-13\">\n\t<td class=\"column-1\">12<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/nm\/albuquerque\/\" target=\"_blank\" rel=\"noopener\">Albuquerque<\/a><\/td><td class=\"column-3\">NM<\/td><td class=\"column-4\">$106<\/td><td class=\"column-5\">7.7 <\/td>\n<\/tr>\n<tr class=\"row-14\">\n\t<td class=\"column-1\">13<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/tx\/arlington\/\" target=\"_blank\" rel=\"noopener\">Arlington<\/a><\/td><td class=\"column-3\">TX<\/td><td class=\"column-4\">$107<\/td><td class=\"column-5\">5.8 <\/td>\n<\/tr>\n<tr class=\"row-15\">\n\t<td class=\"column-1\">14<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/nc\/raleigh\/\" target=\"_blank\" rel=\"noopener\">Raleigh<\/a><\/td><td class=\"column-3\">NC<\/td><td class=\"column-4\">$108<\/td><td class=\"column-5\">7.2 <\/td>\n<\/tr>\n<tr class=\"row-16\">\n\t<td class=\"column-1\">15<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/tx\/el-paso\/\" target=\"_blank\" rel=\"noopener\">El Paso<\/a><\/td><td class=\"column-3\">TX<\/td><td class=\"column-4\">$110<\/td><td class=\"column-5\">5.9 <\/td>\n<\/tr>\n<tr class=\"row-17\">\n\t<td class=\"column-1\">16<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/tx\/fort-worth\/\" target=\"_blank\" rel=\"noopener\">Fort Worth<\/a><\/td><td class=\"column-3\">TX<\/td><td class=\"column-4\">$111<\/td><td class=\"column-5\">6.1 <\/td>\n<\/tr>\n<tr class=\"row-18\">\n\t<td class=\"column-1\">17<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/co\/colorado-springs\/\" target=\"_blank\" rel=\"noopener\">Colorado Springs<\/a><\/td><td class=\"column-3\">CO<\/td><td class=\"column-4\">$111<\/td><td class=\"column-5\">10.8 <\/td>\n<\/tr>\n<tr class=\"row-19\">\n\t<td class=\"column-1\">18<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/oh\/cleveland\/\" target=\"_blank\" rel=\"noopener\">Cleveland<\/a><\/td><td class=\"column-3\">OH<\/td><td class=\"column-4\">$113<\/td><td class=\"column-5\">2.3 <\/td>\n<\/tr>\n<tr class=\"row-20\">\n\t<td class=\"column-1\">19<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/tx\/corpus-christi\/\" target=\"_blank\" rel=\"noopener\">Corpus Christi<\/a><\/td><td class=\"column-3\">TX<\/td><td class=\"column-4\">$116<\/td><td class=\"column-5\">11.9 <\/td>\n<\/tr>\n<tr class=\"row-21\">\n\t<td class=\"column-1\">20<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/co\/aurora\/\" target=\"_blank\" rel=\"noopener\">Aurora<\/a><\/td><td class=\"column-3\">CO<\/td><td class=\"column-4\">$117<\/td><td class=\"column-5\">2.5 <\/td>\n<\/tr>\n<tr class=\"row-22\">\n\t<td class=\"column-1\">21<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/nc\/charlotte\/\" target=\"_blank\" rel=\"noopener\">Charlotte<\/a><\/td><td class=\"column-3\">NC<\/td><td class=\"column-4\">$119<\/td><td class=\"column-5\">7.1 <\/td>\n<\/tr>\n<tr class=\"row-23\">\n\t<td class=\"column-1\">22<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/mn\/minneapolis\/\" target=\"_blank\" rel=\"noopener\">Minneapolis<\/a><\/td><td class=\"column-3\">MN<\/td><td class=\"column-4\">$119<\/td><td class=\"column-5\">2.0 <\/td>\n<\/tr>\n<tr class=\"row-24\">\n\t<td class=\"column-1\">23<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/tx\/houston\/\" target=\"_blank\" rel=\"noopener\">Houston<\/a><\/td><td class=\"column-3\">TX<\/td><td class=\"column-4\">$120<\/td><td class=\"column-5\">6.8 <\/td>\n<\/tr>\n<tr class=\"row-25\">\n\t<td class=\"column-1\">24<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/va\/virginia-beach\/\" target=\"_blank\" rel=\"noopener\">Virginia Beach<\/a><\/td><td class=\"column-3\">VA<\/td><td class=\"column-4\">$120<\/td><td class=\"column-5\">10.6 <\/td>\n<\/tr>\n<tr class=\"row-26\">\n\t<td class=\"column-1\">25<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/mo\/kansas-city\/\" target=\"_blank\" rel=\"noopener\">Kansas City<\/a><\/td><td class=\"column-3\">MO<\/td><td class=\"column-4\">$121<\/td><td class=\"column-5\">4.2 <\/td>\n<\/tr>\n<tr class=\"row-27\">\n\t<td class=\"column-1\">26<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/az\/phoenix\/\" target=\"_blank\" rel=\"noopener\">Phoenix<\/a><\/td><td class=\"column-3\">AZ<\/td><td class=\"column-4\">$122<\/td><td class=\"column-5\">5.1 <\/td>\n<\/tr>\n<tr class=\"row-28\">\n\t<td class=\"column-1\">27<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/ca\/fresno\/\" target=\"_blank\" rel=\"noopener\">Fresno<\/a><\/td><td class=\"column-3\">CA<\/td><td class=\"column-4\">$123<\/td><td class=\"column-5\">7.0 <\/td>\n<\/tr>\n<tr class=\"row-29\">\n\t<td class=\"column-1\">28<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/fl\/orlando\/\" target=\"_blank\" rel=\"noopener\">Orlando<\/a><\/td><td class=\"column-3\">FL<\/td><td class=\"column-4\">$126<\/td><td class=\"column-5\">6.7 <\/td>\n<\/tr>\n<tr class=\"row-30\">\n\t<td class=\"column-1\">29<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/nv\/las-vegas\/\" target=\"_blank\" rel=\"noopener\">Las Vegas<\/a><\/td><td class=\"column-3\">NV<\/td><td class=\"column-4\">$127<\/td><td class=\"column-5\">7.4 <\/td>\n<\/tr>\n<tr class=\"row-31\">\n\t<td class=\"column-1\">30<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/md\/baltimore\/\" target=\"_blank\" rel=\"noopener\">Baltimore<\/a><\/td><td class=\"column-3\">MD<\/td><td class=\"column-4\">$130<\/td><td class=\"column-5\">3.6 <\/td>\n<\/tr>\n<tr class=\"row-32\">\n\t<td class=\"column-1\">30<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/ca\/riverside\/\" target=\"_blank\" rel=\"noopener\">Riverside<\/a><\/td><td class=\"column-3\">CA<\/td><td class=\"column-4\">$130<\/td><td class=\"column-5\">5.7 <\/td>\n<\/tr>\n<tr class=\"row-33\">\n\t<td class=\"column-1\">30<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/fl\/jacksonville\/\" target=\"_blank\" rel=\"noopener\">Jacksonville<\/a><\/td><td class=\"column-3\">FL<\/td><td class=\"column-4\">$130<\/td><td class=\"column-5\">9.3 <\/td>\n<\/tr>\n<tr class=\"row-34\">\n\t<td class=\"column-1\">33<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/fl\/tampa\/\" target=\"_blank\" rel=\"noopener\">Tampa<\/a><\/td><td class=\"column-3\">FL<\/td><td class=\"column-4\">$130<\/td><td class=\"column-5\">6.9 <\/td>\n<\/tr>\n<tr class=\"row-35\">\n\t<td class=\"column-1\">34<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/tx\/san-antonio\/\" target=\"_blank\" rel=\"noopener\">San Antonio<\/a><\/td><td class=\"column-3\">TX<\/td><td class=\"column-4\">$131<\/td><td class=\"column-5\">8.8 <\/td>\n<\/tr>\n<tr class=\"row-36\">\n\t<td class=\"column-1\">35<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/co\/denver\/\" target=\"_blank\" rel=\"noopener\">Denver<\/a><\/td><td class=\"column-3\">CO<\/td><td class=\"column-4\">$135<\/td><td class=\"column-5\">3.4<\/td>\n<\/tr>\n<tr class=\"row-37\">\n\t<td class=\"column-1\">36<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/il\/chicago\/\" target=\"_blank\" rel=\"noopener\">Chicago<\/a><\/td><td class=\"column-3\">IL<\/td><td class=\"column-4\">$135<\/td><td class=\"column-5\">3.3 <\/td>\n<\/tr>\n<tr class=\"row-38\">\n\t<td class=\"column-1\">36<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/tx\/dallas\/\" target=\"_blank\" rel=\"noopener\">Dallas<\/a><\/td><td class=\"column-3\">TX<\/td><td class=\"column-4\">$135<\/td><td class=\"column-5\">5.2 <\/td>\n<\/tr>\n<tr class=\"row-39\">\n\t<td class=\"column-1\">38<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/tx\/austin\/\" target=\"_blank\" rel=\"noopener\">Austin<\/a><\/td><td class=\"column-3\">TX<\/td><td class=\"column-4\">$135<\/td><td class=\"column-5\">8.0 <\/td>\n<\/tr>\n<tr class=\"row-40\">\n\t<td class=\"column-1\">39<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/la\/new-orleans\/\" target=\"_blank\" rel=\"noopener\">New Orleans<\/a><\/td><td class=\"column-3\">LA<\/td><td class=\"column-4\">$138<\/td><td class=\"column-5\">5.6 <\/td>\n<\/tr>\n<tr class=\"row-41\">\n\t<td class=\"column-1\">40<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/pa\/philadelphia\/\" target=\"_blank\" rel=\"noopener\">Philadelphia<\/a><\/td><td class=\"column-3\">PA<\/td><td class=\"column-4\">$143<\/td><td class=\"column-5\">3.1 <\/td>\n<\/tr>\n<tr class=\"row-42\">\n\t<td class=\"column-1\">41<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/ky\/lexington\/\" target=\"_blank\" rel=\"noopener\">Lexington<\/a><\/td><td class=\"column-3\">KY<\/td><td class=\"column-4\">$144<\/td><td class=\"column-5\">8.0 <\/td>\n<\/tr>\n<tr class=\"row-43\">\n\t<td class=\"column-1\">42<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/ga\/atlanta\/\" target=\"_blank\" rel=\"noopener\">Atlanta<\/a><\/td><td class=\"column-3\">GA<\/td><td class=\"column-4\">$155<\/td><td class=\"column-5\">4.5 <\/td>\n<\/tr>\n<tr class=\"row-44\">\n\t<td class=\"column-1\">43<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/dc\/washington\/\" target=\"_blank\" rel=\"noopener\">Washington<\/a><\/td><td class=\"column-3\">DC<\/td><td class=\"column-4\">$166<\/td><td class=\"column-5\">2.1 <\/td>\n<\/tr>\n<tr class=\"row-45\">\n\t<td class=\"column-1\">44<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/fl\/miami\/\" target=\"_blank\" rel=\"noopener\">Miami<\/a><\/td><td class=\"column-3\">FL<\/td><td class=\"column-4\">$173<\/td><td class=\"column-5\">3.7 <\/td>\n<\/tr>\n<tr class=\"row-46\">\n\t<td class=\"column-1\">45<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/ca\/san-jose\/\" target=\"_blank\" rel=\"noopener\">San Jose<\/a><\/td><td class=\"column-3\">CA<\/td><td class=\"column-4\">$182<\/td><td class=\"column-5\">3.8 <\/td>\n<\/tr>\n<tr class=\"row-47\">\n\t<td class=\"column-1\">46<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/ca\/san-diego\/\" target=\"_blank\" rel=\"noopener\">San Diego<\/a><\/td><td class=\"column-3\">CA<\/td><td class=\"column-4\">$183<\/td><td class=\"column-5\">3.9 <\/td>\n<\/tr>\n<tr class=\"row-48\">\n\t<td class=\"column-1\">47<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/mi\/detroit\/\" target=\"_blank\" rel=\"noopener\">Detroit<\/a><\/td><td class=\"column-3\">MI<\/td><td class=\"column-4\">$192<\/td><td class=\"column-5\">1.1 <\/td>\n<\/tr>\n<tr class=\"row-49\">\n\t<td class=\"column-1\">48<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/ca\/oakland\/\" target=\"_blank\" rel=\"noopener\">Oakland<\/a><\/td><td class=\"column-3\">CA<\/td><td class=\"column-4\">$195<\/td><td class=\"column-5\">2.4 <\/td>\n<\/tr>\n<tr class=\"row-50\">\n\t<td class=\"column-1\">48<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/ny\/new-york-city\/\" target=\"_blank\" rel=\"noopener\">New York City<\/a><\/td><td class=\"column-3\">NY<\/td><td class=\"column-4\">$195<\/td><td class=\"column-5\">2.5 <\/td>\n<\/tr>\n<tr class=\"row-51\">\n\t<td class=\"column-1\">50<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/ca\/long-beach\/\" target=\"_blank\" rel=\"noopener\">Long Beach<\/a><\/td><td class=\"column-3\">CA<\/td><td class=\"column-4\">$198<\/td><td class=\"column-5\">2.1 <\/td>\n<\/tr>\n<tr class=\"row-52\">\n\t<td class=\"column-1\">51<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/ca\/los-angeles\/\" target=\"_blank\" rel=\"noopener\">Los Angeles<\/a><\/td><td class=\"column-3\">CA<\/td><td class=\"column-4\">$245<\/td><td class=\"column-5\">1.8 <\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<span id=\"tablepress-121-description\" class=\"tablepress-table-description tablepress-table-description-id-121\">StorageCafe analysis of Yardi Matrix data.<br \/>\n*Self storage rates refer to all combined unit sizes for February 2024<\/span>\n\n<p>Rates for self storage units can vary vastly based on location. In California cities such as <a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/ca\/los-angeles\/\" target=\"_blank\" rel=\"noopener\">Los Angeles<\/a> ($245\/month), <a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/ca\/long-beach\/\" target=\"_blank\" rel=\"noopener\">Long Beach<\/a> ($198\/month) and <a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/ca\/san-diego\/\" target=\"_blank\" rel=\"noopener\">San Diego<\/a> ($183\/month), rates are higher. In other places of the country, you might find more convenient rates, whether you\u2019re renting a storage unit in <a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/ok\/oklahoma-city\/\" target=\"_blank\" rel=\"noopener\">Oklahoma City, OK<\/a> ($85\/month), <a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/tn\/memphis\/\" target=\"_blank\" rel=\"noopener\">Memphis, TN<\/a> ($92\/month), or <a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/ne\/omaha\/\" target=\"_blank\" rel=\"noopener\">Omaha, NE<\/a> ($94\/month).<\/p>\n<h2 id=\"FAQfixerupper\"><span class=\"ez-toc-section\" id=\"Frequently-asked-questions-about-fixer-uppers\"><\/span><strong>Frequently asked questions about fixer-uppers <\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What-is-a-fixer-upper\"><\/span>What is a fixer-upper?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>A fixer-upper is a home that\u2019s typically older and in need of repairs. Therefore, it usually costs less than a regular home. Renovations required can range from cosmetic changes to structural repairs to make it ready to move in. Buyers can tackle simple repairs such as painting, but when it comes to structural issues such as plumbing, roofing or foundation, professional contracting services are required. Often, renovating a fixer-upper might mean you need to go over budget, as unforeseen repairs might come up. Planning for additional expenses is the way to go when you first start the remodeling process.<\/p>\n<p>If you\u2019re wondering whether you should buy a fixer-upper, you should know that it might require significant financial and time investment. But it\u2019s one sure way to build home equity, not to mention you may end up enjoying the home of your dreams.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How-can-I-find-a-fixer-upper-home\"><\/span>How can I find a fixer-upper home?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>One of the first steps you can take when looking for a fixer-upper is to consult a listing site to find homes for sale. If the site already has a fixer-upper filter, use that feature to identify a potential home you\u2019d like to visit. Alternatively, if this feature is missing, you can filter home listings by the construction year to discover homes with fixer potential, as homes in need of repairs tend to be older. More specifically, look for homes built before 1980, which are considered to come from an <a href=\"https:\/\/sf.freddiemac.com\/articles\/news\/where-is-the-aging-housing-stock-in-the-united-states\" target=\"_blank\" rel=\"noopener\">older housing stock<\/a> and may well fall within the fixer-upper category.<\/p>\n<p>Of course, location is key when it comes to all real estate decisions, and this holds true for homes with good bones as well. Whether you\u2019re planning on using this home as your new residence or flipping it, you\u2019ll want to look for fixers in good neighborhoods close to amenities, as it will add to the property\u2019s value.<\/p>\n<p>If you\u2019re contemplating buying a fixer-upper close to your current location, you could also drive around in historic neighborhoods and look for signs for homes for sale. Curb appeal might be an indicator of what you can find inside, but you\u2019ll naturally have to check with your real estate agent about the actual state of the house.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How-much-does-it-cost-to-renovate-a-fixer-upper\"><\/span>How much does it cost to renovate a fixer-upper?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>It can cost about $85K to tune up a standard house, based on remodeling loan data from <a href=\"https:\/\/constructioncoverage.com\/research\/cities-investing-most-in-home-improvements\" target=\"_blank\" rel=\"noopener\">Construction Value<\/a>. Naturally, rates can differ based on location. California\u2019s metro areas are not only places where the price of real estate is high, but so is the cost of remodeling \u2014 five places in the Golden State are among the top 10 for the highest home improvement loans. San Jose takes first place, with a home improvement loan averaging $255K, followed by San Francisco ($205K). In the Los Angeles metro area, it costs, on average, $155K to bring a home up to snuff, based on the value of home improvement loans.<\/p>\n<p>Southern places such as the Austin ($125K) and Miami ($105K) metro areas also see higher price tags associated with home renovations. Similarly, it also takes $105K to tune up an abode in the Washington, D.C., and New York City metro areas on the East Coast.<\/p>\n<p><iframe id=\"datawrapper-chart-QPI1b\" style=\"width: 0; min-width: 100% !important; border: none;\" title=\"Home Improvement Loans by Metro Area \" src=\"https:\/\/datawrapper.dwcdn.net\/QPI1b\/2\/\" height=\"566\" frameborder=\"0\" scrolling=\"no\" aria-label=\"Table\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">!function(){\"use strict\";window.addEventListener(\"message\",(function(a){if(void 0!==a.data[\"datawrapper-height\"]){var e=document.querySelectorAll(\"iframe\");for(var t in a.data[\"datawrapper-height\"])for(var r=0;r<e.length;r++)if(e[r].contentWindow===a.source){var i=a.data[\"datawrapper-height\"][t]+\"px\";e[r].style.height=i}}}))}(); \n\n<\/script><\/p>\n<p>Besides location, rates can also vary based on the nature of the project. For <strong>Ben Gold<\/strong>, founder of <a href=\"https:\/\/www.recommendedhomebuyers.com\/\" target=\"_blank\" rel=\"noopener\">Recommended Home Buyers<\/a>, the total cost of fixing his property amounted to approximately $60K, with the most expensive parts being the kitchen, bathroom and foundation repairs. <strong>Robert Taylor<\/strong>, owner of <a href=\"https:\/\/therealestatesolutionsguy.com\/\" target=\"_blank\" rel=\"noopener\">The Real Estate Solutions Guy<\/a>, sees a remodeling project costing anywhere between $60K and $80K, but he points out it could cost even more. \u201cHeavy fixer-uppers typically are $100,000 and up,\u201d he said. Additional damage calls for increasing the repair budget. \u201cThe home had $25,000 in dry rot, termite damage, and siding that needed to be corrected. In some areas, this meant removing the subfloor and siding in order to replace the floor joists and subfloor,\u201d he added about the home he remodeled.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What-are-the-financing-options-for-rehabbing-an-older-home\"><\/span>What are the financing options for rehabbing an older home?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>You can turn to <a href=\"https:\/\/money.usnews.com\/loans\/mortgages\/articles\/buying-a-fixer-upper-home\" target=\"_blank\" rel=\"noopener\">fixer-upper loans<\/a> to finance your renovation project, with several options available. You can consider fixer-upper-dedicated mortgages such as an FHA 203(k) loan, a VA renovation loan or a conventional rehab loan. Besides government home renovation loans, you can access conventional loans that cover the cost of repairing your home in the mortgage amount. Fannie Mae HomeStyle Renovation and Freddie Mac CHOICERenovation are two types of conventional loans that can support you with financial needs when buying a fixer-upper, but you\u2019ll need to find a lender that offers these types of loans.<\/p>\n<p>Some loans include the costs of the upgrades as well as your monthly mortgage payment. They\u2019re a great choice for fixer-upper buyers as there\u2019s less competition for this type of loan because fewer people buy these kinds of homes. Moreover, when the renovations are done, you can gain access to home equity. On the flip side, it can be complicated to get approval, and some loans only partially cover the cost of repairs. It would help if you also planned for extra expenses, as you might take on a more complicated project than anticipated.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Do-I-need-a-home-inspection-when-buying-a-fixer-upper\"><\/span>Do I need a home inspection when buying a fixer-upper?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Once you have found your ideal fixer-upper, you should consider a home inspection to assess the home for all repairs and upgrades necessary. A professional will assess the property for any hidden issues that qualify the home for further repairs, such as water leaks or structural problems. They can also check for pest-related infestations and the presence of lead paint and mold. Should any of these issues be present, you can use the inspection contingency to involve the seller in remedying these issues. Besides the home inspector, bringing a contractor could also help to reveal any issues the home inspector might have missed.<\/p>\n<p>Once you\u2019re aware of the home\u2019s issues, you\u2019ll be able to come up with a realistic budget for the project. This will help you decide whether buying the home is a project you\u2019ll want to undertake.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How-much-should-I-budget-for-unforeseen-expenses-when-rehabbing-a-fixer-upper\"><\/span>How much should I budget for unforeseen expenses when rehabbing a fixer-upper?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>It would help to establish a budget and to try to stick to it, but investing in a fixer-upper can also be a leap into the unknown. That might mean unforeseen expenses as the project progresses. Add a <a href=\"https:\/\/www.bankrate.com\/real-estate\/buying-a-fixer-upper\/#focus-on-location\" target=\"_blank\" rel=\"noopener\">contingency budget<\/a> to the tune of 20% of the cost of the project for these types of expenses, as you might discover additional issues that need to be corrected.<\/p>\n<p>Robert Taylor, owner of The Real Estate Solutions Guy, has firsthand experience with contingency budgeting. \u201cFor example, if we expect the repairs to be $40,000, we\u2019ll typically add $6,000 to $8,000 into the budget for contingencies. We once bought a home with a new roof, and so we didn\u2019t account for a new roof in our budget. After the purchase, we discovered that there was asbestos fireproofing under the roofing that was deteriorated and a health risk.\u201d As the project continued, new challenges came up. \u201cWe soon realized that not only did we need to bring in a special hazardous materials company to remove the asbestos, but in order to do that, we had to remove the brand-new roof. \u201d He also added that \u201chaving a very healthy contingency fund kept our project from being a financial nightmare.\u201d<\/p>\n<p><em><strong>Fixer-uppers can be an attractive alternative to the typical move-in-ready home, especially in competitive markets where many prospective homebuyers are priced out. When contemplating buying a fixer-upper, pricing and availability can point homebuyers in the right direction. Some of the biggest cities that are also historic combine fixer-upper availability with enticing savings when buying a home that needs some restoration compared to a turnkey home.<\/strong><\/em><\/p>\n<p>Check out how each of the 50 largest U.S. cities fare in terms of fixer-upper potential below:<\/p>\n<p><iframe id=\"datawrapper-chart-nBSCP\" style=\"width: 0; min-width: 100% !important; border: none;\" title=\"The Best (and Worst) Cities in the U.S. for Fixer-Upper Potential\" src=\"https:\/\/datawrapper.dwcdn.net\/nBSCP\/1\/\" height=\"1335\" frameborder=\"0\" scrolling=\"no\" aria-label=\"Table\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">!function(){\"use strict\";window.addEventListener(\"message\",(function(a){if(void 0!==a.data[\"datawrapper-height\"]){var e=document.querySelectorAll(\"iframe\");for(var t in a.data[\"datawrapper-height\"])for(var r=0;r<e.length;r++)if(e[r].contentWindow===a.source){var i=a.data[\"datawrapper-height\"][t]+\"px\";e[r].style.height=i}}}))}(); \n\n<\/script><\/p>\n<h2 id=\"expertsection\"><span class=\"ez-toc-section\" id=\"What-the-experts-are-saying\"><\/span><strong>What the experts are saying<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>We spoke to several real estate and interior design experts to gain additional insights into what it takes to take on a fixer-upper project.<\/p>\n<h3 id=\"johnsobota\"><span class=\"ez-toc-section\" id=\"John-Sobota-Lecturer-University-of-Wisconsin-Stout-Polytechnic-University\"><\/span><strong>John Sobota, Lecturer, University of Wisconsin-Stout, Polytechnic University<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div id=\"attachment_15462\" style=\"width: 209px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-15462\" class=\"wp-image-15462\" src=\"https:\/\/www.storagecafe.com\/blog\/wp-content\/uploads\/sites\/44\/2024\/03\/John-Sobota.jpg?w=770\" alt=\"John Sobota\" width=\"199\" height=\"202\" srcset=\"https:\/\/www.storagecafe.com\/blog\/wp-content\/uploads\/sites\/44\/2024\/03\/John-Sobota.jpg 983w, https:\/\/www.storagecafe.com\/blog\/wp-content\/uploads\/sites\/44\/2024\/03\/John-Sobota.jpg?resize=294,300 294w, https:\/\/www.storagecafe.com\/blog\/wp-content\/uploads\/sites\/44\/2024\/03\/John-Sobota.jpg?resize=768,783 768w\" sizes=\"auto, (max-width: 199px) 100vw, 199px\" \/><p id=\"caption-attachment-15462\" class=\"wp-caption-text\">John Sobota<\/p><\/div>\n<p><strong>1. What are the pros and cons of buying a fixer-upper? <\/strong><\/p>\n<p>Pros: Exceptional opportunity for a great ROI, using your knowledge, skills and creativity! I\u2019m a fan of purchasing tax deed sales from local governments. A reinvestment in your community is a great way to give back.<\/p>\n<p>Cons: Cost of the remodeling, changing real estate market and lack of knowledge. One can easily get over budget if you have not had much experience with fixer-uppers.<\/p>\n<p><strong>2. How does the cost of purchasing and renovating a fixer-upper compare to buying a turnkey home?<\/strong><\/p>\n<p>It all depends upon your real estate goals. If you have DYI skills and are willing to do the work, build sweat equity and enjoy the process, then it could be a great experience. If you don\u2019t have that passion, then buying a turnkey home is a much better option. With real estate, I always look for holding, so if the flip home does not sell as planned, then go to Plan B and rent the home.<\/p>\n<p><strong>3. What should prospective buyers keep in mind when considering fixer-uppers? <\/strong><\/p>\n<p>Location, location, location. This will always be true in real estate. I try to find homes in established neighborhoods that need some TLC. Curbside appeal is huge. I also purchase homes typically in the mid-point of values, so you\u2019re not purchasing the most expensive home in the neighborhood. The best advice is to just \u201cDo it.\u201d If you don\u2019t, you won\u2019t have the opportunity to find out or be successful, if you sit on the sidelines.<\/p>\n<h3 id=\"jasongelios\"><span class=\"ez-toc-section\" id=\"Jason-Gelios-Senior-Real-Estate-Specialist-Michigan-Realtor\"><\/span><strong>Jason Gelios, Senior Real Estate Specialist, Michigan Realtor<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div id=\"attachment_15463\" style=\"width: 172px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-15463\" class=\"wp-image-15463\" src=\"https:\/\/www.storagecafe.com\/blog\/wp-content\/uploads\/sites\/44\/2024\/03\/Jason-Gelios.jpg?w=770\" alt=\"Jason Gelios\" width=\"162\" height=\"206\" srcset=\"https:\/\/www.storagecafe.com\/blog\/wp-content\/uploads\/sites\/44\/2024\/03\/Jason-Gelios.jpg 1958w, https:\/\/www.storagecafe.com\/blog\/wp-content\/uploads\/sites\/44\/2024\/03\/Jason-Gelios.jpg?resize=236,300 236w, https:\/\/www.storagecafe.com\/blog\/wp-content\/uploads\/sites\/44\/2024\/03\/Jason-Gelios.jpg?resize=768,978 768w, https:\/\/www.storagecafe.com\/blog\/wp-content\/uploads\/sites\/44\/2024\/03\/Jason-Gelios.jpg?resize=804,1024 804w, https:\/\/www.storagecafe.com\/blog\/wp-content\/uploads\/sites\/44\/2024\/03\/Jason-Gelios.jpg?resize=1206,1536 1206w, https:\/\/www.storagecafe.com\/blog\/wp-content\/uploads\/sites\/44\/2024\/03\/Jason-Gelios.jpg?resize=1608,2048 1608w\" sizes=\"auto, (max-width: 162px) 100vw, 162px\" \/><p id=\"caption-attachment-15463\" class=\"wp-caption-text\">Jason Gelios<\/p><\/div>\n<p><strong>1. What are some of the key challenges that homeowners face when renovating a fixer-upper property? <\/strong><\/p>\n<p>Aspiring homebuyers looking to purchase a fixer-upper face the challenges of competing with other buyers who have a stronger offering and oftentimes paying cash for the home.<br \/>\nSome other challenges include not knowing the right financing for buying a fixer-upper, not calculating enough in the budget for unexpected costs, and actually running over budget.<\/p>\n<p><strong>2. Could you discuss the most common renovation projects involved in fixing up a fixer-upper home?<\/strong><\/p>\n<p>The most common renovation projects are those that bring the home up to code to be deemed habitable. From renovating a kitchen to completely gutting the home down to the studs, making sure the home is deemed livable by the city is the focus area. In my own experience, I have seen the focal points being renovating actual appliances such as furnaces, AC units and other things like damaged walls.<\/p>\n<p><strong>3. How much does it typically cost to renovate a fixer-upper property of approximately 2,000 square feet?<\/strong><\/p>\n<p>In my area of Southeast Michigan, the average cost to renovate a 2,000-square-foot home would be in the ballpark of 50-60k.<\/p>\n<p><strong>4. What is the typical duration of a fixer-upper renovation project?<\/strong><\/p>\n<p>Based on my experience, I would say the typical duration of renovating a fixer-upper in the 2,000 square foot range would be 2-3 months.<\/p>\n<p><strong>5. Which generation of homebuyers tends to prefer investing in fixer-uppers?<\/strong><\/p>\n<p>I feel baby boomers and millennials tend to favor fixing up a home, especially due to the lower housing inventory available. As a matter of fact, more and more millennials are looking to fix up a home to make it their own because they are not finding many homes available or the ability to compete for the home.<\/p>\n<h3 id=\"amylynnschwartzbard\"><span class=\"ez-toc-section\" id=\"Amy-Lynn-Schwartzbard-Principal-of-Life-Designs-LIC\"><\/span><strong>Amy Lynn Schwartzbard, Principal of Life Designs LIC<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div id=\"attachment_15465\" style=\"width: 184px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-15465\" class=\"wp-image-15465\" src=\"https:\/\/www.storagecafe.com\/blog\/wp-content\/uploads\/sites\/44\/2024\/03\/Amy-Lynn.png?w=770\" alt=\"Amy Lynn\" width=\"174\" height=\"192\" srcset=\"https:\/\/www.storagecafe.com\/blog\/wp-content\/uploads\/sites\/44\/2024\/03\/Amy-Lynn.png 1668w, https:\/\/www.storagecafe.com\/blog\/wp-content\/uploads\/sites\/44\/2024\/03\/Amy-Lynn.png?resize=273,300 273w, https:\/\/www.storagecafe.com\/blog\/wp-content\/uploads\/sites\/44\/2024\/03\/Amy-Lynn.png?resize=768,845 768w, https:\/\/www.storagecafe.com\/blog\/wp-content\/uploads\/sites\/44\/2024\/03\/Amy-Lynn.png?resize=930,1024 930w, https:\/\/www.storagecafe.com\/blog\/wp-content\/uploads\/sites\/44\/2024\/03\/Amy-Lynn.png?resize=1395,1536 1395w\" sizes=\"auto, (max-width: 174px) 100vw, 174px\" \/><p id=\"caption-attachment-15465\" class=\"wp-caption-text\">Amy Lynn Schwartzbard<\/p><\/div>\n<p><strong style=\"font-size: 19px;\">1. What are some of the key challenges that homeowners face when renovating a fixer-upper property? <\/strong><\/p>\n<p>Homeowners' key challenge when renovating a property is contracting reliable trade. Hiring an interior designer to assist with layouts and the best trade and, sourcing sustainable and budget-friendly resources will save the homeowner time and money in the end.<\/p>\n<p><strong>2. Could you discuss the most common renovation projects involved in fixing up a fixer-upper?<\/strong><\/p>\n<p>Kitchens and bathrooms are the most common spaces to renovate in a fixer-upper along with opening or redefining spaces to work for the new homeowner. It\u2019s also the most difficult part of the renovation as space planning, layout design, lighting design and electrical and plumbing experts are all required.<\/p>\n<p><strong>3. How much does it typically cost to renovate a fixer-upper property of approximately 2,000 square feet?<\/strong><\/p>\n<p>There is no one magic number as cost is relevant to the location of the project. Cost will also depend on how many rooms are getting renovated and whether the structure and foundation are sound.\u00a0 You should also ask yourself if the home needs a new roof or new HVAC system before purchasing the fixer so the new homeowner can fairly assess whether they have the budget needed to make the property their dream home.<\/p>\n<p><strong>4. What is the typical duration of a fixer-upper renovation project?<\/strong><\/p>\n<p>There is no \u201cone size fits all \u201c in home renovation. Trade schedules, supply chains, and the scope of work vary. A designer can give the homeowner an accurate timeline with completion dates for each phase.<\/p>\n<p><strong>5. How do regional disparities impact the cost of renovating a fixer-upper?<\/strong><\/p>\n<p>Regional disparities, more than any other part of the project, consist of the cost of trade and the availability of trade.<\/p>\n<p><strong>6. Which generation of homebuyers tends to prefer investing in fixer-uppers?<\/strong><\/p>\n<p>We are going to see a surge in home fixers with the younger generation. They care about circularity to support the future health of the environment and quality. We are seeing buildings constructed around the turn of the century that are being restored and repurposed for new use.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Methodology\"><\/span>Methodology<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This analysis was done by <a href=\"https:\/\/www.storagecafe.com\/\" target=\"_blank\" rel=\"noopener\">StorageCafe<\/a>, an online platform that provides storage unit listings across the nation.<\/p>\n<p>To help us determine the final ranking of the best cities for fixer-uppers, we\u2019ve used data from <a href=\"https:\/\/www.point2homes.com\/\" target=\"_blank\" rel=\"noopener\">Point2<\/a>, our sister division and real estate listing platform. We\u2019ve considered \u201cfor sale\u201d listings in the 50 most populous U.S. cities (above 300K residents) on February 27, 2024. Listings include single family homes, townhouses, duplexes and triplexes.<\/p>\n<p>To identify these properties, we used keywords such as \u201cTLC\u201d, \u201cgood bones\u201d, \u201cas-is\u201d, \u201cin need of repairs\u201d and others that acted as filters. The final ranking consisted of a weighted average that considered fixer-upper inventory (50%) and cash savings (50%) resulting from buying a fixer-upper home compared to a regular home. We\u2019ve excluded cities that had fewer than 100 listed homes from the final ranking.<\/p>\n<p>We\u2019ve also included metrics such as home sizes, lot sizes and construction year for fixer-upper and regular homes in cities with a minimum of 100 listed properties.<\/p>\n<p>Self storage was also used as an additional metric \u2013 the service is typically used during remodeling projects, providing a temporary home to household items and construction materials for the duration of the project.<\/p>\n<p>Data on self storage, home and lot sizes comes from <a href=\"https:\/\/www.yardimatrix.com\/\" target=\"_blank\" rel=\"noopener\">Yardi Matrix<\/a>, StorageCafe\u2019s sister division and a business development and asset management tool for brokers, sponsors, banks and equity sources underwriting investments in the multifamily, office, industrial and self storage sectors.<\/p>\n<p>Data referring to the cost of renovating a home came to us as a courtesy from <a href=\"https:\/\/constructioncoverage.com\/research\/cities-investing-most-in-home-improvements\" target=\"_blank\" rel=\"noopener\">Construction Coverage<\/a> and it reflects the value of the median home renovation loan per metro area in 2023.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Fair-use-and-distribution\"><\/span>Fair use and distribution<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This study serves as a resource for the general public on issues of common interest and should not be regarded as investment advice. The data is true to the best of our knowledge but may change if amendments to it are made. We agree to the distribution of this content but we do require a mention in return for attribution purposes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key takeaways:<\/p>\n","protected":false},"author":171,"featured_media":15437,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21,20],"tags":[],"class_list":["post-9869","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-housing-reports","category-research-reports"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Best Cities For Fixer-Uppers | StorageCafe<\/title>\n<meta name=\"description\" content=\"Not sure where to buy a fixer-upper? Here&#039;s how much a fixer-upper costs in the 50 biggest cities and how much you&#039;re saving when buying one.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.storagecafe.com\/blog\/best-cities-to-buy-a-fixer-upper\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Top Cities Where Fixer-Uppers Cut The Path To Homeownership: LA, Chicago Lead The Way With Most Fixers For Sale, Biggest Savings\" \/>\n<meta property=\"og:description\" content=\"Not sure where to buy a fixer-upper? 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