Myths About Remodeling

By
Real Estate Sales Representative with DIR-USA.com

How to Sell Your House - Lafayette LA: Myths abound in the real estate market today with homes for sale plentiful and buyers in short supply. It seems that everyone has an opinion about what you should and shouldn’t do when you want to sell your house. Some of the more common myths have to do with remodeling.

Myths About RemodleingThe myth that you can tackle any remodeling project yourself may end up costing you much more than you had planned. Hiring a knowledgeable contractor might be the best way to get certain remodel projects done. If you’ve never poured targeted concrete into forms made by you, you could end up with a real mess when you try to re-pour the cracked patio.

If you’ll end up calling a pro to clean up your mistakes it could be more expensive than calling him in the first place.Do the things you know how to do and feel confident doing.The myth that speaks to following design trends when decorating your home will work only if you plan to stay in the home, not sell it. That beautiful peach and gray tile you put into the kitchen is now very outdated and must be removed. Replace it with something of a more neutral color as a safe alternative.

The idea that any remodel will be a good thing is definitely only a myth. Remodeling using outlandish colors or very bold accents is not a good remodel if you are going to sell your house. If you plan to live there for some time, go ahead and have fun creating your personal space. If you do anything that requires major construction when you remodel to sell, keep that in mind. Not all buyers will appreciate a home with odd shaped rooms and a full wet bar complete with disco ball and dance floor where the children’s bedrooms should be.

Swimming pools are not an assurance that you will sell your house. That myth assumes that all buyers will be impressed by a spa or pool. They are expensive to put in and many buyers shy away from the responsibility of owning a pool and the maintenance that goes with it. It’s one of the worst returns on your investment if you plan to put one in as a remodel project. If you do already have one, though, consider offering a year’s prepaid pool service for the lucky buyer to help with the maintenance concerns.

 

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Comments (2)

Kristin Hamilton CA Realtor
Sun Lakes Realty - Banning, CA
(909) 557-6966- Specialize 55+ Communties Banning

Good article and I agree with you. Even in hot areas like California, Nevada or Florida (3 highest states of Foreclosures) a seller typically will not get their money back after having a pool/spa built. Many times a perspective buyer does not want a pool since they have small children or do not want the extra expenses of pool maintenence and higher utility bills. Updating a bathroom or kitchen can help sell the house faster and make it more competitive with other homes and usually brings in a higher price but stats seem to indicate they never get their full investment back.

Jun 11, 2011 06:04 AM
Paul Lesieur
203kloanmn - North Oaks, MN

Good list and true.

Remodeling takes time and money and future returns should always be considered.

Jun 11, 2011 06:34 AM