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4 renovations that kill a home's value

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SweetestOfPeas
J'taime Paris!

Member since 3/06

32345 total posts

Name:

4 renovations that kill a home's value

I thought this was very interesting!

CNN Money link

Posted 8/30/06 1:14 PM
 
Prudential Douglas Elliman Real Estate
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Lisa
I'm a PANK!!!

Member since 5/05

22334 total posts

Name:
Professional Aunts No Kids

Re: 4 renovations that kill a home's value

Great article!! Chat Icon

Posted 8/30/06 1:27 PM
 

2PreciousBlessings
The Perfect Pair

Member since 5/06

19861 total posts

Name:
Best Wife & Mommy

Re: 4 renovations that kill a home's value

Very good article.

Posted 8/30/06 1:38 PM
 

MegZee
My bunny

Member since 5/06

8777 total posts

Name:
Meaghan

Re: 4 renovations that kill a home's value

great post!

Posted 8/30/06 1:55 PM
 

Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

Re: 4 renovations that kill a home's value

for me I agree with half

I want a pool and a huge jacuzzi

one of the first things my brother told me about his new townhouse is the master bedroom bath has a jacuzzi

I think you should make the house yours- then worry about resale- if you are going to live there long term

ugly extensions are a huge turn off for me

but trendy finshes isn't a big deal for me either- if I like them- but I can see what they are saying on that

Posted 8/30/06 1:56 PM
 

Eva Luna
Be kind...life's hard!

Member since 8/05

4750 total posts

Name:
God, bless & heal my DH, JenG's DH Rob & DebG

Re: 4 renovations that kill a home's value

I want a pool and have a jacuzzi...and a SS kitchen! Chat Icon

But this is my long term home...I'm in love with it as is! Chat Icon

Posted 8/30/06 2:04 PM
 

Karen
Just chillin'!!

Member since 1/06

9690 total posts

Name:
Karen

Re: 4 renovations that kill a home's value

Very interesting article!

Posted 8/30/06 2:07 PM
 

MegZee
My bunny

Member since 5/06

8777 total posts

Name:
Meaghan

Re: 4 renovations that kill a home's value

Posted by Beth1210


I think you should make the house yours- then worry about resale- if you are going to live there long term




I totally agree - im so sick of these shows that show you "oh, a fresh coat of paint will add $5k in value" Chat Icon Chat Icon

Posted 8/30/06 2:08 PM
 

SweetTooth
I'm a tired mommy!

Member since 12/05

20105 total posts

Name:
Lauren

Re: 4 renovations that kill a home's value

I agree with some of it to an extent... A pool is ok as long as it doesn't take up the ENTIRE backyard. It can always be fenced so small children have no dangers.

The trendy thing - yes I agree with that - I will offer less for a house if it has an outdated trend because then I will have to spend $$ to update it. I am suprised to hear stainless steel is a trend though, I thought that was timeless. I guess pretty much everything becomes dated after awhile.

Posted 8/30/06 2:21 PM
 

SweetestOfPeas
J'taime Paris!

Member since 3/06

32345 total posts

Name:

Re: 4 renovations that kill a home's value

Posted by Meaghan729

Posted by Beth1210


I think you should make the house yours- then worry about resale- if you are going to live there long term




I totally agree - im so sick of these shows that show you "oh, a fresh coat of paint will add $5k in value" Chat Icon Chat Icon


Chat Icon let me guess... Clive from Designed to Sell on HGTV? Chat Icon

Posted 8/30/06 2:29 PM
 

SweetestOfPeas
J'taime Paris!

Member since 3/06

32345 total posts

Name:

Re: 4 renovations that kill a home's value

Posted by SweetTooth

I am suprised to hear stainless steel is a trend though, I thought that was timeless. I guess pretty much everything becomes dated after awhile.

I have seen the prices on SS appliances come down quite a bit from where they were. I know that's pretty much the case with anything when it's not so new to the market anymore.

I personally prefer black appliances over SS, but DH really wants the SS... so I will lose that battle since he's the self proclaimed chef Chat Icon

Posted 8/30/06 2:32 PM
 

Freddie
LIF Adult

Member since 3/06

1162 total posts

Name:
Freddie

Re: 4 renovations that kill a home's value

I read somewhere that Europe is usually the trendsetter for kitchens and SS is still in there (and it started before here), but I have no source to back me up Chat Icon

Posted 8/30/06 2:56 PM
 

anjerandunder
Positive thoughts worked!!!

Member since 6/06

1909 total posts

Name:
J

Re: 4 renovations that kill a home's value

I like this sentence the best

"Ultimately, don't expect a future buyer to pay up for the luxury you considered an essential."

so many people think their house is the best but duh its because its everything they wanted in it so of course its the best to them.

Great article thanks.Chat Icon

Posted 8/30/06 3:21 PM
 

Teri
my girls!

Member since 2/06

1491 total posts

Name:
Teri

Re: 4 renovations that kill a home's value

many good points! I see a pool as a huge liability with a toddler and all but others love it as a feature in a home.

We bought the SS appliances and I wondered if it'd be dating the kitchen a bit down the road - but then again, you can always replace the appliances if you wanted....easier at least then replacing the cabinets or countertops!!

Posted 8/30/06 8:57 PM
 
 

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