Home Remodeling? It's All About the Balance!

By
Real Estate Agent with DFW FINE PROPERTIES 0506509

by Patricia Feager, 6/28/18

 

Have you ever noticed that when a home owner only does one major repair and doesn't finish the job, meaning, the entire kitchen or bath, it doesn't seem to matter how much the materials, i.e., Granite, Ceramic Tile, etc., cost, if everything else is still old. 

 

Take for example new kitchen counter tops. On the surface, the new counter tops may look great and probably cost a lot of money; however, if the cabinets are still old, scratched, nicked, out-of-date, than how much extra value is there in that kitchen? Sadly, even though the new counter tops glisten and look pretty, everything else stands out like a sore thumb, begging for mercy. Buyers get that uneasy feeling when something is off.

 

A remodel may change the "character," or a "portion," of something, but more often than not will result in more that needs to be repaired, fixed, or replaced. And all those other factors that weren't considered in the first place costs money too. In other words, the room is out of balance and one nice new counter top, regardless of how much money was spent, can't adjust the value to what an owner expects if the job isn't done right, right from the start. 

 

Have you ever walked into somebody's home and it was advertised there's new carpeting upstairs? You walk upstairs you see and smell nice new carpeting but then when you walk on it, the floors creak and moan; they seem to groan, I'm sorry about the creaky old  floorboards. 

 

Beauty is in the balance! Without balance, everything else may be out of whack! Before spending a lot of money on a hunk of Granite, wood floors, new carpeting or something else, if you can't afford to keep things in balance with a beautiful remodeled home (not many people can) you might be better off lowering the price to what your home is actually worth without throwing the home out of balance and wishing and hoping someone will come along to finish the job and still pay top dollar for a single upgrade, that the buyer doesn't even want.

 

Photo and Content by Patricia Feager - To consult about putting your home on the market in this area, let's talk now. As they say, "Money Talks!" 

  

Posted by

Texas Law requires all license holders to provide the Information about Brokerage Services form to prospective clients.

Real Estate Commission Consumer Protection Notice  

 

 dfw fine properties

 

DFW FINE PROPERTIES

                                        2900 W Southlake Blvd, Suite 180
                                        Southlake, TX 76092
                                        Office: 817-748-4800/FAX: 817-748-4900

                                         Patricia Feager
                                                        Cell: 469-449-9858

                                                        TEXT: 469-951-4758

 

CERTIFICATIONS
Certified Pricing Strategies; Mastering the CMA
Certified Military Relocation Specialist
Certified Negotiation Expert
C
ertified RE Probate Specialist

"With self-discipline most anything is possible." --- Theodore Roosevelt 

 

   

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Home Improvement
Location:
Texas
Groups:
Inspiration !!
Inspiration Station
Tags:
kitchen
granite
home remodeling
bath remodeling
patricia feager
its all about balance

Spam prevention
Show All Comments
Rainmaker
471,032
Dan Tabit
Northstone Real Estate Inc. - Sammamish, WA

My wife explained it to a client who wanted to put slab granite on old cabinets. He was determined to do this until she told him it was like putting new wine into old wine skins.  It was  a reference he understood. 

Jun 28, 2018 05:29 PM #5
Rainmaker
1,748,756
Patricia Feager
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

Sheri Sperry - MCNE® - I also find many educated buyers who won't just settle. People who have tackled home improvements projects understand it's not just a piece of cake. Consumers are not easily fooled, nor should they be. I have also had many buyers say, we'll keep it on our list, but we want to keep looking. Unfortunately, rarely, if ever do they go back. With people working in their homes, or working longer hours, two income families, many people just don't have the time to take on unfinished projects.

Thanks, Sheri!

Jun 28, 2018 05:55 PM #6
Rainmaker
1,748,756
Patricia Feager
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

George Souto - Good analogy! People's eyes will shift down to the scuffed up shoes and not be impressed with the brand new pair pants. It pays to think things through wisely when starting home improvement projects. 

Have a great evening! 

Jun 28, 2018 05:57 PM #7
Rainmaker
1,748,756
Patricia Feager
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

Dan Tabit  - your wife is a wise woman! That's a great analogy about putting new wine into old wine skins. When you think about it, it puts a bad taste in your mouth, doesn't it! 

Have a wonderful evening and happy selling!

Jun 28, 2018 06:00 PM #8
Ambassador
3,729,022
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Those are all fixes that are just covering uyp the problem. Everyone seems so stuck on granite but on worn out cabinets it is just a slab of stone..

Jun 28, 2018 06:44 PM #9
Rainmaker
3,453,285
Dorie Dillard
Coldwell Banker United Realtors® ~ 512.346.1799 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Good evening Patricia Feager,

Buyers want the whole enchilada..they want it move in ready..everything done or they will go buy new and many times they will choose that hands down if possible!

Jun 28, 2018 06:50 PM #10
Rainmaker
2,760,268
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Patricia I so agree with you, on the other hand I was going to make a smart alec comment, maybe their Contractor walked out on them:))Endre

Jun 28, 2018 06:52 PM #11
Rainmaker
1,748,756
Patricia Feager
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

Debbie Reynolds - You are right! I couldn't agree with you more. Granite on worn out cabinets makes the cabinets look worse than they did before. 

Thanks, Debbie for your input. 

Jun 28, 2018 07:50 PM #12
Rainmaker
1,748,756
Patricia Feager
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

Dorie Dillard - Clean, completely move-in ready always makes a great first impression and the probability of having the sellers sell for what it listed or more is so rewarding in itself.

I hope you have a good evening too!

Thank you. 

Jun 28, 2018 07:59 PM #13
Rainmaker
1,748,756
Patricia Feager
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

Endre Barath, Jr. - Well, I never heard of a contractor walking out on the job, but I do know if it's a good contractor, he/she will take their time, get all their materials ordered, sized, cut, and ready and that all takes time and money. 

I hope you have the perfect evening!

Jun 28, 2018 08:01 PM #14
Rainmaker
3,628,237
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

The balance between costs and needs is a big balancing act

Jun 28, 2018 10:05 PM #15
Rainmaker
4,325,511
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
"Franklin MA Homes"

Good morning, Patricia Feager I've seen that happen but not often.... when a kitchen or bathroom needs renovation, the entire room needs to be done.... some homeowners get poor advice or no direction at all from professionals who understand what's expected!

Jun 29, 2018 03:10 AM #16
Rainmaker
2,448,859
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Great pont, Patricia. I see that all the time... people think they can slap on some granite counter tops and call it a gourmet kitchen or new light fixtures in the bathrooms and think it's enough. I liken that to putting lipstick on a pig (no offense meant to pigs).

Jun 29, 2018 04:11 AM #17
Rainmaker
1,748,756
Patricia Feager
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

William Feela - It's all about the balance and that's the power the buyer possesses when making the right choice and offering to pay for it. A smart consumer weighs it all and factors in what's done, what they like, what they need, and what they are willing to spend.

Thanks for weighing in!

Jun 29, 2018 04:59 AM #18
Rainmaker
1,748,756
Patricia Feager
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

Barbara Todaro - It's the consultation the seller gets prior to listing and what they are willing to do that makes all the difference in whether buyers come and see and are willing to pay. Listening and doing the right thing is always good advice.

I appreciate your comments!

Jun 29, 2018 05:01 AM #19
Rainmaker
1,748,756
Patricia Feager
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

Nina Hollander - Yes! What you say makes a big difference. That term "gourmet kitchen," may have worked 20 years ago, but by today's standards it should not be misused or misleading.

Always appreciate your comments.

Jun 29, 2018 05:02 AM #20
Rainmaker
2,448,859
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Hi Patrica... I hate that term "gourmet" kitchen. Why do agents think that stainless steel appliances (often relatively low end) and granite counters make for a gourmet kitchen? 

Jun 29, 2018 05:06 AM #21
Rainmaker
2,900,036
Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Los Angeles Pasadena Area Real Estate 818.516.4393

Hello Patricia- - -"loose ends" in remodeling or in our lives can be harmful beyond any perception. 

Jun 29, 2018 05:28 AM #22
Ambassador
1,591,792
Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

I like the way Michael puts it. Loose ends is the perfect description. Things feel out of whack - out of balance. Per Nina's comment,  I don't say gourmet kitchen in my listings - well-appointed if it really lives up to the hype.  Nonetheless, the kitchen is a heart of the home, if one is going to remodel it, it better be done right. D 

Jun 29, 2018 06:33 AM #23
Rainmaker
2,636,116
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello patricia,  I have a neighbor that started a project 10 years ago and still working on it, one day a year.

 

Jun 29, 2018 08:48 AM #24
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
1,748,756

Patricia Feager

Selling Homes Changing Lives
Thinking about Moving to North Dallas?
*
*
*
*
Spam prevention

Additional Information