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Next Avenue: Should retirees buy fixer-uppers? Experts weigh in on the pros and cons of renovating later in life.

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If you’re retired — with plenty of free time — you may be on the hunt for your next great adventure. And if you watch TV on a regular basis, you’ve probably seen numerous DIY/fixer-upper shows in which buyers purchase a rundown or outdated house and turn it into a dream home. Sounds like fun but is it realistic — especially for older adults?

“As…

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