out building value upon resale
Schneider & Schneider Inc
6 years ago
Featured Answer
Sort by:Oldest
Comments (15)
rrah
6 years agozippity1
6 years agoRelated Discussions
will new linoleum install significantly lower resale value?
Comments (37)This sounds like a ??? I posted a couple of months ago RE:installing a new fomica countertop in my '84 condo, for resale purposes only. The cabs aren't new, have that ugly ceiling with the florescents under plastic(not to be confused with duck under glass!),and fairly new almond appliances. The present countertops are the 6" square used in that era, but have gotten a bit dinged up thru the years, not to mention that tile isn't being used anymore. The one new upgrade i've made is wood flooring, and that includes the kitchen~painted the old oak cabs ivory, and added a few trims to jazz them up. I was told I should do granite, which personally I dislike as it's *my* personal opinion, that's it's nothing more than a current trend. And how 'cheap' would that make the rest of the kitchen look anyway? My thinking was the formica would keep with the era and the rest of the condo, but the granite would bring 'new' into the equasion, and make it seem that I ran out of money and couldn't afford to replace the cabs, etc. Needless to say, I haven't done anything yet, but am still leaning toward the formica. What I would like to use is a solid matte black. I think with the ivory cabs, and dark wood floor, the black would bring in a look of sophistication. I would greatly appreciate opinions on this. Incidentially, I have the original linoleum in the two full baths(PR is wood) and will be relpacing that with tile, but it wouldn't stop *me*(obviously) from buying. Could be that i'm older and have a little more patience. The younger buyers want everything done so they don't have to be inconvienced~move-in ready. ;o) patty_cakes...See MoreTub vs. Shower/Resale Value
Comments (45)Unless I'm in total irrational love with a house to the point I'm ready to remodel right away etc-I'm going to pass on a house that doesn't have a tub, and especially in the master. I have specific concerns that make having a tub a necessity for me. I use it every day. Together with this, I realize that most of population don't have my concerns. Hey, I didn't have them myself ten years ago)) Some things don't come to mind until we encounter them. Yet, sometimes they do happen. In any case, I'd be wary to get rid of all tubs in a house. It definitely hurts the resale. I can think of many many occasions when a tub can be very useful, or become very useful, to people who hadn't used or preferred it before....See MoreImpact of Ikea Cabinets on resale value?
Comments (22)I have nothing against IKEA cabinets. In fact, I lived with a kitchen with IKEA cabinets for a decade. We can all think of many beautiful customized Ikea kitchens (just look at some of the kitchens Sarah Richardson has done). I would do an IKEA kitchen again in a heartbeat, if it was right for the house and right for the market I lived in. I also agree that many people buying homes know relatively little about kitchen cabinets or brands. Before making a decision to use them for a renovation if I planned to sell in one or two years, I would be asking these questions: 1. In general, what kinds of cabinets are people in my neighborhood installing if they plan on their kitchen being the kitchen in their "forever" house? Will Ikea cabinets be considered comparable or just a little step down? Then Ikea cabinets will be more than fine. 2. What do the realtor listing say about the kitchens in comparable houses? Do the listings even mention the cabinets? In my town the higher-end listings do sometimes mention the cabinet company when it is well known in the area (like Crown Point) or use phrases like "custom cabinets". That is to say, installing Ikea cabinets was a very sound investment in my 1959 ranch "starter home" (especially since the entire kitchen of cabinets cost less than 2,000 dollars) and definitely helped with resale. When my neighbor recently installed Ikea cabinets in her relatively-modest 3 bedroom, 1.5 bath two story home built in 1918, it certainly helped her get market value for her home (about $275,000). So it was a wise investment with a lot of bang for the buck. But there are many lovely old homes in my town in the $400,000 to $600,000 range that would not be well served for re-sale with an IKEA kitchen. The market for those homes are couples in their later 30s and 40s who are "moving up" to their second home, which will they hope be their "forever" home. If they loved a particular house and it had an IKEA kitchen they still might very well buy it; but they would want to buy it for a lower price because they would estimate that they would need at least 40,000 dollars to renovate it. All of which is to state the obvious: how much value the Ikea kitchen will bring you when you sell all depends on your particular market....See MoreLaminate Floors and Home Resale Value
Comments (79)(1) Laminate WILL NOT stand up to big dogs. I have a breed that is huge - 29" at the shoulder 110 -130 lbs. Water bowl spills kill it. Potty accidents kill it. (2) wood-look laminate floors -- I will either walk away or make an offer low enough to cover ripping that junk out and replacing it with anything else. It is NOT wood. It is sawdust that is glued together. The a photograph of wood is glued to the saw dust. The plastic is poured over it. Absolute low rent garbage. $20,000 to put down hardwood flooring....... WOW! That is nuts for anything less than 1600++ sq ft of oak or maple that had to be stained and finished. FInd a Lumber Liquidators store. Get some unfinished pine - even down to the $1.39 a sq ft. Get some mastic. Get some stain. Get some real varnish - like McCloskey's Marine and do 4 coats. Get a circular saw. Put down the flooring. If you need to level, get some underlayment - adds about $1300 to the project. Pay your handyman $20 an hour. Work alongside him getting boards, putting down mastic, spreading stain and varnish, doing the light sand between coats with 150-200 grit and wiping with a tack cloth...... if it takes 2 weeks (huge am0unt of time) you pay him $1600. Total cost for the whole house - $5200 -7300 if you do it and $6800 -9100 if you have help. (and you won't be doing the bath or kitchen....so sq ft would be less)...See Moremxk3 z5b_MI
6 years agolast modified: 6 years agoAn (PNW 6b)
6 years agoLaurie Schrader
6 years agolast modified: 6 years agobjjennings1954
6 years agoOneRidgeOff
6 years agoncrealestateguy
6 years agosummersrhythm_z6a
6 years agoncrealestateguy
6 years agosummersrhythm_z6a
6 years agolast modified: 6 years agoUser
6 years agoUser
6 years agolast modified: 6 years agosummersrhythm_z6a
6 years agolast modified: 6 years ago
Related Stories
MOST POPULAR5 Remodels That Make Good Resale Value Sense — and 5 That Don’t
Find out which projects offer the best return on your investment dollars
Full StorySELLING YOUR HOUSE10 Ways to Boost Your Home's Resale Value
Figure out which renovations will pay off, and you'll have more money in your pocket when that 'Sold' sign is hung
Full StoryGREEN BUILDINGInsulation Basics: Heat, R-Value and the Building Envelope
Learn how heat moves through a home and the materials that can stop it, to make sure your insulation is as effective as you think
Full StorySELLING YOUR HOUSEA Designer’s Top 10 Tips for Increasing Home Value
These suggestions for decorating, remodeling and adding storage will help your home stand out on the market
Full StoryLIFE8 Ways to Tailor Your Home for You, Not Resale
Planning to stay put for a few years? Forget resale value and design your home for the way you live
Full StoryHOUZZ TOURSHouzz Tour: Cascades Retreat Blends In and Stands Out
A mountain getaway’s simple design echoes the landscape, while green polycarbonate cladding adds drama
Full StoryREMODELING GUIDESAsk an Architect: How Can I Carve Out a New Room Without Adding On?
When it comes to creating extra room, a mezzanine or loft level can be your best friend
Full StoryREMODELING GUIDESConstruction Timelines: What to Know Before You Build
Learn the details of building schedules to lessen frustration, help your project go smoothly and prevent delays
Full StoryBASEMENTSWhat Lies Beneath: Cool Things to Build Underground
Ingenious designers are going below the surface in some amazing — and surprising — ways
Full StoryBATHROOM DESIGNHow to Build a Better Shower Curb
Work with your contractors and installers to ensure a safe, stylish curb that keeps the water where it belongs
Full Story
homechef59