What to Know When Buying a Home with Fire Damage in Fayetteville

7/1/2021 (Permalink)

If you're buying a house with fire damage, trust the fire damage restoration experts at SERVPRO to help you get the property back to normal.

When buying a home with fire damage, it’s important to be cautious and ensure that the property is safe. Buying a fire-damaged house in Fayetteville requires an inspection from a certified home inspector, an electrician, and sometimes a structural engineer. Here’s what else you need to know about buying and repairing fire damaged homes. 

Pros of Buying a House with Fire Damage

The housing market in Fayetteville is extremely competitive. For some house hunters, they may be feeling brave enough to put an offer on any home — even a house with previous fire damage. The biggest pro to buying fire damaged houses? The lower price tag. But there are a few things you should know first:

• When did the fire happen? Fires from many months or even years ago usually mean some repairs have already been made. So, repairing a fire-damaged house will cost less once you close if this is the case.
• Is the property undervalued? Buying an undervalued house means a higher return-on-investment, especially if you can make repairs quickly and affordably. 

What to Know During the Buying Process

You won’t get a good idea of when the fire happened, what repairs have been made or need to be made without an inspection. Get the house inspected by a certified home inspector and bring in an electrician to examine the wiring for fire damage. If the damage is significant, a structural engineer may need to inspect the house. 

Repairing Fire Damaged Homes

Fire damaged homes often need a complete gut before renovation can start. This is where you can make a healthy ROI if you do your homework. Changing the floor plan and adding modern amenities can make the home attractive to buyers and increase its value. 

• Make sure the home is examined for structural damage before tackling cosmetic issues.
• Hire a professional to clean the entire home of debris.
• Start at the bottom, rebuilding from the foundation up to the attic trusses.

Buying Fire Damaged Homes in Northwest Arkansas

A professional fire damage restoration company can help you during this process. You can build the home of your family’s dreams, or get an excellent investment in real estate. 

At SERVPRO of Fayetteville/Springdale, we clean and restore Commercial and Residential Properties. Contact us today for an estimate for our professional fire damage restoration services in Fayetteville.

SERVPRO of Fayetteville/Springdale should be your first choice for any residential or commercial restoration needs. Our team of professionals is trained to assess the damage and potential threats, extract and contain the affected area, dry, and restore your property to preloss condition. 

SERVPRO of Fayetteville/Springdale is available 24/7 by calling 479-318-6774.

To learn more about our IICRC certifications, please visit the IICRC website.

For more about SERVPRO of Fayetteville/Springdale, click here.

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