There’s lots of lingo to decipher when it comes to real estate, but the phrase “turnkey house” is almost as simple as it sounds. Just turn the key and walk into your move-in-ready home! Sure, there’s a little more to it than that, but with the help of Carl Medford, a top Fremont, California-based real estate agent with over two decades of experience, we’re digging into the nuances of turnkey homes — along with all the lovely potential they hold for you as a buyer. Generally speaking, a turnkey house is a home that is ready for you to move into as soon as you buy it. A turnkey house needs no further repairs or renovations — everything is in proper working condition and aligns with current aesthetic standards. “For us, a turnkey home is a property where our team has gone in and taken care of all of the fundamental issues, then made the necessary upgrades to ensure the home is up to current standards,” explains Medford. “We make sure it’s visually appealing and resonates with buyer tastes, so all they have to do is move in, unpack, and start living their lives.” See? Nice and simple! There are several advantages to buying a property that is move-in ready. A turnkey house may especially appeal to you as a buyer if: According to Medford, most of his buyer clients are looking for turnkey homes due to busy lifestyles or a limited skillset for making home repairs on their own. “People really want turnkey, move-in ready homes, and they’re willing to pay a premium to get them,” he says.What is a turnkey house?
Why buy a turnkey house?
