Wood ceiling worth for resale value?
R P
4 years ago
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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 MoreResale value difference of 4BR vs 5BR?
Comments (21)Your mortage lender will likely find the 5 BR plan to be "worth" lending the extra amount. They won't be at all keen on lending money for "upgrades" that do not add square footage and do not add any real bump in value for an appraisal. The appraisals for loans are based off of what the bank could sell the house for if you went into default, not what it cost to build the house. If your plan is to upgrade the finishes the same dollar amount as the extra square footage would cost, expect those upgrades to come entirely out of your pocket, not the loan. And, still expect to bring money to the table to close the loan with. Very very few homes are appraising at the build cost. Most people are having to bring a big chunk of change to closing, and that's without upgrades above base. Right now, the per square foot to build cannot approach the low square footage cost to buy existing. Custom homes are in the $150-$200 a square foot range, while existing homes are half of that. If you want your money to go "further", then buy existing and give building a wide berth. It's only for those who have very special requirements that cannot be easily met with the existing inventory....See MoreLaminate Flooring and Home Resale Value
Comments (11)I didn't see a link. Is it this one? Looks beautiful. http://www.sunspeedfloors.com.cn/product/60026661428-221350494/Hallmark_12_3mm_acacia_light_handscraped_laminate_flooring.html It's interesting. I posted a similar question on the house buying and selling board, and the response to the idea of laminate was more positive there. While some realtors made the point that laminate doesn't add as much intrinsic value as wood, they did say the appearance counted for a lot when it comes to resale. Some other New Mexico residents said it holds up better to the evaporative cooling systems we use here, and others said it wasn't worth investing so much in floors here unless you were staying a long time since the market here is so bad....See MoreAndersen 100 vs. E Series windows new build resale value/opinions?
Comments (20)@Windows on Washington Ltd and @quasiexpert Sorry if my last message came through in a different tone, I'd been up for awhile and was just stream of consciousness posting. From my research here on this forum, it just seems that invariably quite a few posts discount the entry level windows and recommend the Anderson 400 or Marvin Integrity ++ type windows. Hoping that I can learn from you all. Our situation is a new construction in the deep South (Birmingham AL). About 60 windows on the house. Front facing windows I believe have to be aluminum clad, the rear might be able to get way with a vinyl window. Rear will be facing the South West, but looks like there will be some tree coverage as well as decks/roofing for the majority of the windows. The builder has spec'd Piva Group vinyl windows. They are Argon filled, double glazed, Low E 366. U-factor 0.26, SHGC 0.21, Visible Transmittance 0.49 and air leakage < 0.3. He mentioned that the Anderson 100's might be within the same price range, and we would be interested in the Smart Sun if it's available with the low E4 coating to help protect the wood floors. While I can appreciate the beauty of the wood interiors, our preference is for something low maintenance and can handle sun without fading. We've never had a double hung window before and a single hung is fine. We open the windows in our current house maybe 8-10 times a year to air the house out, otherwise they stay shut. Sadly, we wash our windows even less times /duck Given the above criteria, might you have some thoughts or recommendations, or are there any additional questions I might answer?...See MoreR P
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