Reply to Thinking of selling: what are most popular counters/flooring, cost

Forum Index » Home Improvement, Design, and Decorating

Reply to "Thinking of selling: what are most popular counters/flooring, cost"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous]To others complaining that they hate seeing poorly flipped kitchens and to not bother -- I disagree. For retail purposes, you could spend $5000 or less updating the kitchen and "trick" many buyers into thinking the kitchen is updated.  Yeah, some people don't want to pay extra for a redone kitchen, but you've only spent $5000, not $20k, so you're not necessarily asking them to spend extra for this kitchen. But let's be honest that the kitchen sets the tone for the rest of the house. if the kitchen looks old and junky and untouched, buyers will walk through the rest of the open house with a bias that the house hasn't been updated. If the kitchen looks updated on the surface (even if not the bones) then you can "trick" a lot of buyers into thinking your whole house is updated, with just a bit of fresh paint and staging.  This only works to the extent your kitchen isn't totally fugly to begin with. But if it's functional, then I think there is lots of money to be made by minor updates.  [/quote]

I hate staging and if I look at a house where someone is trying to "trick" me, then I get concerned about what else they are hiding and run.  Don't half do things.  If you cannot afford to do it fully, let the next buyer do it.  Our house was an estate sale.  Cosmetically it was terrible and we did it over time (still are).  I walked into many half done houses and ran.  We DIY'ed a lot of the kitchen and I would not been happy with crappy cabinets with new counters.[/quote]

You may not like it, but the reality is that cheap superficial fixes sell houses and add value. That's why realtors insist on doing superficial things when they prepare a house for selling: painting, purging, cabinet hardware updates, lighting updates. Yeah, sure lots of people aren't tricked by them. But the majority of homebuyers are. If your house is in mediocre condition to begin with, you have three choices when you sell: (1) do full updates, which is expensive and you'll never get your money back; (2) do superficial updates; and (3) do nothing. So #1 does'nt make sense financially. Yeah, you could do nothing under #3, but you'll get more $$ out of your house if you do #2.  Sure lots of people would walk away from the superficial upgrades (like you say you would), but then you wouldn't have bought the house under category #1 either, because you've already said you don't want any unknowns. So under any scenario, this isn't the house for you. A seller should then target who this house is going to sell to, and superficially upgrade accordingly. [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics