Over-Updated, Under-Updated...

By
Real Estate Agent with Century 21 Results Realty

I visited a home recently that had an interesting mix of over and under updated features.

Overall, the home was quite beautiful.  The finishes were well done and attractive.  Honestly, it showed better than the photos... and that is a good thing, the photos weren't bad.

The yard was amazing.  The only issue I could find is that it would require too much care for MY lifestyle, but it was wonderful to walk around the paths and see the ponds, gardens and various areas.

But then there was the kitchen...  1990 called and they want their kitchen back...  It didn't live up to the rest of the house.

What to do?

If you are selling your home, and you want to maximize the price and minimize the time on market, the Kitchen is the MOST important room to use to WOW your buyer.  The next most important room is the Master Bath.  Of course, the rest of the house can't fail to live up to those rooms, but those are the stars...

Solid surface counters, black or stainless steel appliances, neat, clean and organized cabinets.  Those are the keys to the kitchen.

The Master Bath is a little trickier... But, to start, make sure that it is clean, no wall paper and devoid of builder grade fixtures...  Chrome is usually bad...

This home was both over and under updated...

The kitchen was a throwback... it killed the deal.  The rest of the house almost brought it back... and the buyers were almost ready to hire the seller to do the landscaping for the home they eventually buy.  As with the yard, which was tweaked to the hilt, the house was "fully developed".  And as such, it lacked storage space and unfinished areas.

There will be a buyer for it...  And they will be getting a great deal if the house suits them.

If you are selling your house, put yourself in the shoes of the buyer...  We'll be talking about this more over the next few weeks...

 

from LaneBailey.com

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Topic:
Home Selling
Location:
Georgia Gwinnett County Lilburn
Groups:
Georgia Real Estate
Posts to Localism
Tags:
investment
upgrades
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Rainmaker
588,465
Susan Neal
RE/MAX Gold, Fair Oaks - Fair Oaks, CA
Fair Oaks CA & Sacramento Area Real Estate Broker

Hi Lane - You are so right.  If you want to upgrade and have limited funds, start with the kitchen.  Even if you can't do anything else, that will make the biggest difference in your home's value.

Sep 05, 2009 04:03 PM #1
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Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Hi Lane!  I have a seller that won't take my advice about re-habbing and have had to drop their desired price as a result.  Guess what, every single showing feedback is about the kitchen--this home is wonderful otherwise and the lot and location couldn't be better but, you know what, the other homes in the area with less attractive lots are selling and this one isn't!  Sellers just don't understand that buyers are demanding near-perfection and the sellers MUST accomodate those buyers if they want to sell!

Debe in Charlotte

Sep 05, 2009 04:30 PM #2
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Missy Caulk
Missy Caulk TEAM - Ann Arbor, MI
Savvy Realtor - Ann Arbor Real Estate

I thought men liked the garage!

Really...

Woman the kitchen and master bedroom as you said.

Men the basement and garage.....

I just got an offer on one very similiar to what you are describing, everything updated but the kitchen.

Sep 06, 2009 12:42 AM #3
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Lane Bailey
Century 21 Results Realty - Suwanee, GA
Realtor & Car Guy

Susan - Kitchens make a HUGE difference... 

Debe - Yes they are.

Missy - We do like the garage.  My buyers were going to build another garage, so it didn't come into play on this house...

Sep 07, 2009 05:45 AM #4
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