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tops may look great and probably cost a lot of money; however, if the cabinets are still old, scratched, nicked, out-of-date, than how much extra value is there in that kitchen?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!"