Worth it to do major renovation?
Joy Wills
5 years ago
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Joy Wills
5 years agoJoy Wills
5 years agoRelated Discussions
Beginning Major Renovation
Comments (9)Have you posted this on the appliance forum? There is a trend away from all matching appliances and towards selecting the best (according to budget/your needs) in each category. I'm not sure about the value of having Wolf ovens & warming drawer, but I know you definitely don't need to buy a Sharp microwave re-badged by Wolf and jacked up in price accordingly :) The objective best cooktop is one with fully open burners (like the Bluestar or the Capital) but those brands lack the cachet of the Wolf in a similar price point. The cachet of a Wolf cooktop and Subzero fridge/freezer might be worth it? At this price point, you also might want to look at Miele for your ovens and fridge/freezer if you haven't already. RE: hood Anyone on the appliance forum is going to recommend you go with the 1200 CFM hood with a 48" cooktop, esp. if you're doing a grill. (After extensive research, that is what we went with. I totally agree with GreenDesigns above: it is better to run a strong fan on low than have a lower CFM blower on high not be able to suck up your cooking smells/smoke.) Very important! Remember to check your local code about make up air requirements BEFORE committing to a blower of that size---make up air can cost a lot of $$. I live in a milder climate, our local code was not terribly clear, so we squeaked by without adding any make up air, but my husband and I know that should we have occasion to run the blower on high, we'll crack a window open across the room! We have a gas fireplace insert, had we a woodburning fireplace, the HVAC guy said he personally would not feel comfortable installing such a strong blower irrespective of the city's code. Hope that helps! :)...See MoreWhat's worth doing renovation-wise?
Comments (13)When looking to sell, there are two fundamental types of renovations: those designed to increase the selling price of the house, and those designed to reduce time on the market (an extra 6-12 mortgage payments can add up in a hurry). Increase sell price = inexpensive cosmetic changes. Reduce sell time = value engineer. Family member in nice area had 3,500 SF home. Replaced public area flooring to match kitchen tile floor (cabinets were white). Stayed on market a year. Replaced Corian countertops with granite and sold within 3 months. Unless cabinets are dinged up I would not paint. DIY paint would decrease value and pro paint is cost prohibitive in terms of ROI. Cultured marble has long peaked as a product. In a gut job, I would use Corian vanity tops or possibly quartz in master bath. But if the overall bathroom needs a gut job, replacing just countertop is throwing money away. Master bath: people like a substantial shower with low threshold and prepped for support bars. A combo bath/shower for children’s bathroom is fine but for adults busy lifestyle a shower is practical by itself or with a separate freestanding tub if there is room. This is big ticket item. Do it for yourself and to speed up sell time, or don’t do at all. Don’t expect to increase value or recoup expense. Carpet upstairs. Hate the stuff. Focus should be on presentation. If it is worn to the point of detracting from the house appearance replacing is a good value-engineering option. If I were doing it for my use, I would replace with a rigid cork-backed LVP such as Modin Rigid or Coretec. Power wash driveway and sidewalks....See MoreMajor Renovation - Heating and Cooling Options/Furnace Location
Comments (7)@sktn77a - thanks for the advice. We like things to heat up fast when it gets cold, so we are definitely going to add a unit. Our architect floated the idea of going only with mini-splits, but I am worried about them not being enough during the winter months. That's certainly part of why I'm trying to figure out the impact of adding another furnace on the floor plans. @Marc - the Goodman has been fine. We have it several years, and other than the cat turning it off one night (the on off switch is positioned such that if the cat goes on top of where the filter goes in, one swipe of the paw turns the furnace off). When I was asked earlier about the model number and googled it, I was really a little worried when I saw so many negative reports. The unit is quieter than the York we had before it (80% efficiency), and seems to be holding up quite well....See More1970s major renovation: how to budget?
Comments (16)I will preface this by saying I know nothing about the real estate market in Apex, NC, but off the top of my head, a 2,400 sq ft house that only has 3 bedrooms and 2 baths has a lot of wasted space somewhere. Several years ago, my mom, a widow at the time, bought a major fixer upper. It was an all brick house in an up-and-coming part of the city (major US city) and the only thing it had going for it was its location (which is obviously something you cannot change). We all thought she was completely nuts, but for whatever reason she fell in love with the house. She didn't move any walls or add any additional square footage but basically tore nearly everything down to the studs. Everywhere she turned, it was one problem after the next. She budgeted around $75K for all the wanted to do (including finishing the basement) and in the end (about 2 years later) her total came closer to $150K. Yes, almost double her original budget. Since she worked full time, she hired contractors to do a lot of the work, but she did a lot herself, like painting and tiling. We referred to the house as the money pit. She knew there was likely asbestos (there was, everywhere) but she did not anticipate all the plumbing and electrical needing upgrading. Or the mold issue in the basement. Or the broken sewer pipe in front of the house. I just shook my head every time she'd complain about another issue the contractors found. She wound up selling a few years later. She could only list her house for around $50-60K more than what she paid for it because that's what the market dictated, even though everything was new. In the end she lost nearly $100K. Even though everyone and their mother warned her at the time, she didn't listen and regrets having put that time and money into such a project. My husband and I recently finished our basement. A small remodel based on some of the projects I read on this site. But I would never do it again. We wound up spending maybe $15K more than I expected (because I didn't account for some of the things we needed to do before actually finishing the basement, like a new sump pump and having the walls sealed). We lived here during the finishing and because the weather is brutally cold, most of the stuff that was originally downstairs is still in the garage and will be dealt with this spring. I'm tired of my house being in disarray. I just want my life back to "normal". My husband is thrilled with the results; I would have rather moved (and tried to convince him to before we started this project, but I was obviously unsuccessful). Bottom line is these kind of major remodels take a lot more time (ours took a month longer) and much more money than you think. Unexpected problems that come up are par for the course. And then there's the problem of overbuilding/over improving for your area. My mom was definitely a victim of that and why she could only list her house for what she did. I'd rather buy a house that had everything I wanted in a heartbeat. I wouldn't even give a fixer upper a second look....See MoreJoy Wills
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