November Day 15 - The Seven Deadly Sins of Remodeling

By
Managing Real Estate Broker with NCS Premier Real Estate Michigan Broker
https://activerain.com/droplet/46Vm

Remodeling

Home Owners' Seven Deadly Sins

Here are the seven deadly home-improvement sins to consider before committing to projects that may work against you and lessen your resale value.

 

  1. Over expanding. Outdoing all the homes on the block is never a good idea because it makes the house more expensive than the others and therefore harder to sell.  And do you really want to be the only 3 story Colonial with all the small ranch style Homes?

 

  1. Making your home into something it’s not. Changing the style or the architecture is usually a big mistake.

 

  1. Changing the purpose of a room. Keep kitchens as kitchen and baths as baths. They were built that way for a reason.  

 

  1. Under budgeting. People routinely under budget 20 or 30 percent fewer dollars and underestimate even more in guessing the time the job will take.

 

  1. Doing the job yourself. Unless you have first-rate skills, hire somebody who does.  Let the professionals do their job!

 

  1. If it’s not broke, don’t fix it. Don’t waste money on renovations that won’t pay off. Buyers won’t necessarily pay for what makes a seller happy. Siding, windows, kitchens and bathrooms are the home improvement winners, according to Remodeling magazine.

 

  1. Neglecting regular upkeep. They may seem boring, but cleaning the gutters, keeping the house painted and trimming the shrubs are the most valuable home improvements.  Declutter your home!  

 

 

Posted by

 

Graziella Bruner
Managing Broker

http://www.facebook.com/graziellabruner                               LinkedIn

 

 

 

 

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
ActiveRain Community
Location:
Michigan
Groups:
Realtors®
Michigan Realtors
Inspiration !!
Things to Do/Places to Visit
ActiveRain Contests

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
206,689
John Van Hogen
Keller Williams Realty Professionals - Hillsboro, OR
Serving Sellers / Buyers / Investors 503-680-9390

Hard to believe there are owners out there not following this sage advice Graziela. Congrats on your first!

Nov 15, 2013 06:58 AM #14
Rainmaker
257,190
Vanessa Saunders
Global Property Systems Real Estate - White Plains, NY
From Manhattan to the Catskills of New York

In this market renovations RARELY pay off. A nip and tuck yes; contractors and certainly 5-6figuer reno's...with few exceptions...no!

Nov 15, 2013 08:19 AM #15
Rainmaker
819,643
Maureen Bray Portland OR Home Stager ~ Room Solutions Staging
Room Solutions Staging, Portland OR - Portland, OR
"Staging that Sells Portland Homes"

Even the most beautiful home that's spacious and well laid out, will spend much more time on the market if all the other homes in the neighborhood are a different style and valued at much less.  At that point, the only equalizer is price ... and no one should want to lose money in a real estate transaction.  My parents taught me the importance of buying the worst home in the best neighborhood and fixing it up ... always a money-maker :-)

Nov 15, 2013 08:28 AM #16
Rainmaker
439,398
Marie Story
Coldwell Banker - Pinecrest (Miami) - Pinecrest, FL
Broker Associate, Pinecrest (Miami) Specialist

It's these re-purposing of rooms that are the most difficult for me to deal with in my area.

Right now I have a homeowner who sacrificed a bedroom to convert it into a den (no more closet).  And another who sacrificed a formal dining room to convert it into a low end theater (everyone has to eat in the breakfast area).  Neither seem to understand how they devalued their homes.

Nov 15, 2013 08:38 AM #17
Rainmaker
405,134
Graziella Bruner
NCS Premier Real Estate - Detroit, MI
Associate Broker - Serving Wayne & Oakland County

Jay & Michelle ~ I can't even imagine turning a Mediterranean home into a Victorian - I wonder just how much cost that would be.

Kelly Young ~ Thank you for your comment. It's greatly appreciated.

Marc McMaster ~ Thanks - Some homes can be featured in a Halloween Special, especially here in the Metro Area.

Don Taber ~ Thank you, I feel kind of special having my first Feature - I can' wait to grow up be like the rest of the Ambassadors in the Rain.

John Van Hogen ~ I know what you mean and thanks.

Vanessa Saunders ~ I like watching the Property Brothers - It's something to see, especially the amount of money that some people will spend.  But like my hubby always says, "All it takes is Money".

Maureen Bray ~ This is true about the Fixer Upper - but if everyone would just care for what they have, we wouldn't see a lot of bad neighborhoods.

Marie Story ~ I had a friend who did something of the same with one of their bedrooms, they turned their 3 bedroom home into a 2 bedroom home, took the two small bedrooms and made it into a larger bedroom, but now trying to sell the 2 bedroom home when the neighborhood is full of 3 bedrooms.  Would have to advertise to single parent or those without children.

I truly do appreciate all the comments and I'm very honored to be part of the Rain with all of you.  Have an awesome super weekend.

Nov 15, 2013 11:07 AM #18
Rainmaker
908,388
Pamela Seley
West Coast Realty Division - Murrieta, CA
Residential Real Estate Agent serving SW RivCo CA

Very good points: Instead of changing the architecture a homeowner can sell and buy another home. Some remodeling jobs are better left alone.

Nov 15, 2013 11:08 AM #19
Rainmaker
405,134
Graziella Bruner
NCS Premier Real Estate - Detroit, MI
Associate Broker - Serving Wayne & Oakland County

I agree with you Pamela Seley - Some turn out to be a total disaster.  I've seen some where they should have just lit the house on fire and called it a day.

Nov 15, 2013 11:40 AM #20
Rainmaker
1,317,476
Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services

You did a great job with this post and I think you made a lot of very important points.

Nov 15, 2013 11:42 AM #21
Rainmaker
405,134
Graziella Bruner
NCS Premier Real Estate - Detroit, MI
Associate Broker - Serving Wayne & Oakland County

Thanks Joan!  Greatly appreciated!   I love your picture, you have a beautiful smile, you favor my best friend who's name is also Joan, she has blonde hair.  Have an awesome weekend.

Nov 15, 2013 11:55 AM #22
Rainer
255,753
Kevin A. Guttman-Author, Reverse Mortgage Advisor
NMLS#384936 - Colorado Springs, CO
877-251-9709

Graziella, Thanks for posting!

 

These are all great tips!

Kevin

Nov 15, 2013 08:57 PM #23
Rainmaker
1,276,916
Wayne and Jean Marie Zuhl
Samsel & Associates - Clark, NJ
The Last Names You'll Ever Need in Real Estate

Great post with great advice for homeowners. I especially love that each sin is number 1 :)

Nov 15, 2013 09:00 PM #24
Rainmaker
4,432,093
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Thank you for the great tips. Homeowners should rearrange the furniture in rooms  that were repurposed so that they are  rooms that they were meant to be used as.

Nov 15, 2013 09:04 PM #25
Rainmaker
756,562
Thom Abbott
MyMidtownMojo.com |770.713.1505 | Intown Atlanta GA Condo Living - Atlanta, GA
Midtown Atlanta GA Condos For Sale

Great tisp for sure! I love the "keep kitchens kitchens and baths baths." 

I live in a neighborhood where homes were built in the 60's. There are these 1/baths in bedrooms that only have a toilet and a sink, no shower. But this is INSIDE the bedroom, not like a hallway 1/2 bath. I have no earthly idea what they were thinking back then. 

Nov 15, 2013 09:36 PM #26
Rainmaker
231,849
Helen and Larry Prier- Re-Max Gateway - Residential Real Estate
RE-MAX Gateway- Residential Real Estate Sales - Anacortes, WA
Anacortes & surrounding Skagit & Island Counties

Graziella, I saw a lot of this when people want to renovate Historic homes. They try to re purpose and change the look both inside and out. Yikes! Good tips but I would add, Call in an Architect if you are going to do additions so that the ultimate result will make sense.

Nov 16, 2013 01:04 AM #27
Rainmaker
405,134
Graziella Bruner
NCS Premier Real Estate - Detroit, MI
Associate Broker - Serving Wayne & Oakland County

Thanks Kevin!

Wayne & Jean ~ It's funny you mentioned that, but I did a rough draft in Word Doc and when I went to cut and paste, they all came up as number 1's - so I left it alone!  I guess there is no greater sin, they're all equal.  Same goes in real life.  If you break any of the commandments, you're just as guilty as breaking them all.

Gita ~ Who wants to walk into what is suppose to be a dining room and see a bed in there?  You're so right!  Great tip!

Thom~ How can you not add the shower or bathtub when it's in your room.  It's like adding a sink and shower in your room and building an out house - GO figure!  I've seen it!  

Helen & Larry ~ We have a lot of historic homes Downtown Detroit and I've seen a few where you know they called Uncle So & So and Cousin Boo-Boo to help remodel.  I always tell people HIRE a Professional, that's what they do.

Nov 16, 2013 03:22 AM #28
Rainmaker
231,849
Helen and Larry Prier- Re-Max Gateway - Residential Real Estate
RE-MAX Gateway- Residential Real Estate Sales - Anacortes, WA
Anacortes & surrounding Skagit & Island Counties

Graziella, Thought I would let you know, I have featured your blog in my last week Favorites. here is the link: my-favorite-blog-posts-for-last-week-november-11th-to-17th

Nov 18, 2013 01:09 AM #29
Rainer
77,912
David Thomas
West USA Realty, Scottsdale, Arizona - Gilbert, AZ
Phoenix,Chandler,Mesa,Gilbert,AZ

The last one is particularly true - keeping on top of things will really help you to not have huge sticker shock when it comes time to sell!

 

Nov 18, 2013 01:31 AM #30
Rainer
76,399
Ruth Lerner
William Raveis Real Estate - Brookline, MA

What a great list of points!  I once had a listing the owners had violated all these rules: they tried to turn the house into something it was not, over expanded it, ad poured too much money into it.  They turned an average house on the street, to the biggest and most awkward.  

Dec 02, 2013 10:58 PM #31
Rainmaker
405,134
Graziella Bruner
NCS Premier Real Estate - Detroit, MI
Associate Broker - Serving Wayne & Oakland County

Thanks for the comments - The awkward home on the block is probably the one that just won't sell!  

Thanks Ruth - 

Dec 02, 2013 11:47 PM #32
Rainmaker
867,861
Elyse Berman, PA
Best Connections Realty, Inc. - Boca Raton, FL
Boca Raton FL (561) 716-7824 CRS, ABR, GRI,ePR

Congratulations on the feature!   You made some great points that homeowners should take heed of.

Dec 03, 2013 01:09 PM #33
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
405,134

Graziella Bruner

Associate Broker - Serving Wayne & Oakland County
Ask Me A Question
*
*
*
*
Spam prevention