Will Updating Half of My Long Island NY Home Hurt the Other Half?
It really depends upon which half you update and which half you leave alone. If you update the kitchen, freshly paint the other rooms, rip up carpeting and finish the hardwood floors underneath but leave the basement alone, then no.
The style of home matters as well. A home that flows nicely from room to room and all on one level can make a difference compared to a home that has multiple levels.
When I show homes and see the downstairs is nicely updated but the upstairs needs fresh paint, an updated bath and a little sprucing up, it's not the end of the world. A home that flows all together, the part that is finished will make the rest of the home look like an eye sore.
The example below is a front to back Split level home:
This is the original kitchen from the 1950's. The windows are new but nothing else is. The kitchen cabinets are metal, outdated vinyl floor and appliances.
With a front to back Split, the first room you walk into is usually the living room. Straight ahead are a few stairs down to a den area which are the first three photos above.
Most buyers would head straight down to the den area first which is the most attractive. After oooing and ahing, going into the rest of the house was a disappointment to them. The beautiful den and updated bath made the rest of the house look like it needed $50,000 worth of work. Being priced at $349,000 made things worse for the seller. It should have been priced at $329,000 to get a $320,000 accepted offer.
My advice: sell your Long Island NY home the way it is and keep the money you would have used to update your house to buy your next home. It is better to buy low then high.
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