Would old shed add value?
Delaney Di
last year
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Comments (13)
sushipup2
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home improvements that add value
Comments (9)Are you planning to sell soon? If so, I would just fix things in the bathrooms that might look worn out like faucets, and external shower hardware. The wallpaper will be a great project too. I donÂt think that any major improvements will improve your homeÂs value more than the amount of money that you put into them (70% is really good), especially if you have to pay someone to do it or do a less than quality job. If youÂre not selling very soon then I think you should improve the bath however you like so you can enjoy it. If you have the common shower/tub combo in there I think that the walk in shower would be more useful - they have came up with a lot neat stuff to put in one. Coming up with the extra room for a separate spa tub in there and moving around walls for a walk-in closet and a sitting area would be nice too though :). Another thing that you might have on your list (or is already done) is updating your HVAC system. Also (if selling) make sure that the roof has a number of years (5?) left in it....See MoreWhich remodel would be better for my house value?
Comments (17)I vote for the bathroom. If you are "looking ahead", here's our story. In 1989 we bought a 2bd 1ba cottage with an illegal 2-room apartment on the ground floor/garage level. After taking a hideous 18 months to remodel it in fits and starts, in 1991 it became a 2bd 2ba with a master suite downstairs to replace the apartment. When the RE appraiser came to look at it, he criticised us for putting in such a "disproportionate" and "huge" bedroom suite. Remember this is 1991 - very few people had ever seen big remodeled kitchens and master bedroom suites in our (older housing) city, let alone HAD them. We didn't get the appraisal amt we hoped for and couldn't refinance. Fast-forward to 2003. Neighborhood is gentrifying fast, old people moving out and young couples moving in. We decide to take out some equity and try the refinance again. Appraiser comes out, walks in the door, and says, "Wow, great job!" (tall cathedral ceilings, big picture windows looking out towards the hills). He goes downstairs and says, "And you even have a master bedroom suite! Gee, lots of people want these nowadays and so few of the houses around here have them!" We got an incredible appraisal, in fact he pulled comps on 3bd homes because he said so few 2bd homes in our area had the features we did. My niece and nephew, both of whom own homes and are getting married this year, would kill to have a master bathroom ensuite. Go for it!...See MoreFire Victim needs help placing value on 30 year old landscaping
Comments (13)This is NOT a situation where a typical insurance adjustor/appraiser is of much use - this is beyond their area of expertise. You do need a landscape professional - either a consulting arborist or a certified horticulturist. Or even better, a member of the Council of Tree and Landscape Appraisers (CTLA). With the exception of larger, established trees (and a few other exceptions), the value is that of replacement cost of the closest sized same species shrub (and the associated costs of removal and replanting). Other than trees, there is little value added to plantings based on age or degree of maturity, unfortunately, and one is seldom able to replace shrubs on a size-by-size direct replacement.......nurseries just do not sell 40 y.o. boxwoods or lilacs!! But there are recognized formulas available for calculating the value of mature, established trees that factor in species, size, condition and location. You need to hire someone properly versed in this sort of evaluation - it is quite a specific skill set and not one that your homeowner's insurance adjuster is likely to have under his/her belt....See MoreBathroom renovations that add most value
Comments (7)Neither option is going to return 100% on the dollar so which option do you prefer for your own lifestyle. I'm getting rid of the tub/shower combo in my master and replacing it with one larger shower because I don't use the tub. I hate using stall showers as they are incredibly confining if you want to do anything but stand under the shower head. I don't see the value in a second sink personally and am getting rid of it for a seated vanity area because that is how I use the master bath. But I am not remodeling for a mythical unknown buyer - I am remodeling solely based on my own needs and comfort....See Moresummersrhythm_z6a
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