They looked at current real estate listings in 500 markets across the U.S. to determine where you might save the most buying a fixer-upper home. Las Vegas isn’t one of them.
In fact, Las Vegas ranked No. 5 for cities where fixer-uppers are discounted the least right now. Las Vegas is behind Boston, Mesa (Ariz.), Riverside (Calif.) and Phoenix.
The best places for fixer-uppers: Omaha, Neb., has fixer-uppers discounted a whopping 62% — much higher that the average around the nation, which is 25%.
The average discount for a fixer-upper in Las Vegas is only 3%, porch.com reports.
A fixer-upper is defined as a home that can be lived in, but needs some form of TLC, or updating that would allow for it to be sold at a discounted price.
This is currently a seller’s market. People trying to…