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Complete Remodel or Needs Updating: Which is a Better Deal?
Home buyers in Kansas City are often faced with this choice. Shall we buy a home that's already updated and remodeled or look for a home that needs some updating?      The first consideration is how much money the buyers can afford to put into a home on top of the purchase price. New HVAC systems may run from $2,500 up to 20,000+ depending upon the size of the home and the age of the air conditioner and furnace and whether the house has existing duct work. Windows may be another $10,000 or more depending on what type of windows and how many you need. Kitchens and bathrooms are the rooms most often remodeled. It is a good idea to price out various finishes and appliances as you plan the remodel. Removing walls to open up the space between the kitchen and dining, living, or hearth room(s) will require a consultation with a structural engineer. In most cases, the funds for remodeling will need to come out of the buyer's pocket; they cannot be rolled into most mortgages.    Next, they need to think about how much time they have to either do the work themselves or hire part of it ... more

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