In 2025, the fixer-upper fantasy is fading. Buyers once lured by the idea of sweat equity are increasingly opting for move-in ready homes—and the data backs it up. National real estate surveys show a 7.3% discount on fixer-uppers compared to turnkey homes, the largest gap in years.
Why the Shift?
Rising Construction Costs: Lumber prices may have stabilized somewhat, but labor and materials remain expensive. Homeowners face longer delays and more uncertainty when taking on renovations.
Busy Lifestyles: Today’s buyers—especially younger professionals—don’t want to spend weekends managing contractors. They value time over potential savings.
Financing Challenges: Financing renovations is harder post-close, especially with higher interest rates. Many prefer to borrow more upfront and buy something that’s already finished.
Media Fatigue: The DIY trend popularized by renovation shows has lost some of its sheen. As people recognize the real costs behind those “quick flips,” they’re opting for simplicity.
What This Means for Sellers
Homes that are updated, staged, and well-maintained are commanding faster offers—and often selling above asking. Even modest updates like fresh paint, modern lighting, and refaced cabinets can shift a listing from “project” to “premium.”
Corvallis Insight: In our local market, where inventory remains tight and demand high, buyers expect homes that are clean, updated, and ready to go. Sellers who deliver that are reaping the rewards.