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#1
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Advice on home repairs before selling?
We are considering selling our house. There are some major projects (i.e.
putting a bedroom and additional bath in the basement) and some minor prouects (i.e. calking, painting, etc.) that we are considering doing to up the resale value of the house. I was wondering if there is an information source that I can read to get advice on what should be done. In other words, what should we focus on to get the biggest bang for our buck?? Kind of an open ended question, I realize, but if you don't ask you don't get a "yes", I figure! Thanks. |
#2
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Advice on home repairs before selling?
Rileyesi wrote:
We are considering selling our house. There are some major projects (i.e. putting a bedroom and additional bath in the basement) and some minor prouects (i.e. calking, painting, etc.) that we are considering doing to up the resale value of the house. I vote for the paint and caulking. Consider steam cleaning the carpets. I doubt you'd get your money out of finishing the basement, though no doubt the next owner would enjoy it. Have you ever wondered why we generally finish all these projects right before selling? We should get some use out of the improvements ourselves first! -- Mortimer Schnerd, RN http://www.mortimerschnerd.com |
#3
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Advice on home repairs before selling?
Binary Bill is right on the mark. Don't spend a lot of money or work
doing anything but making the place look bright, uncluttered and clean. Des "Rileyesi" wrote in message ... We are considering selling our house. There are some major projects (i.e. putting a bedroom and additional bath in the basement) and some minor prouects (i.e. calking, painting, etc.) that we are considering doing to up the resale value of the house. I was wondering if there is an information source that I can read to get advice on what should be done. In other words, what should we focus on to get the biggest bang for our buck?? Kind of an open ended question, I realize, but if you don't ask you don't get a "yes", I figure! Thanks. |
#4
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Advice on home repairs before selling?
What others said is correct and yes the basement will probably be a
waste. Be sure all mantenance and code issues are covered. But your broker should guide you. we cant see your house from here |
#5
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Advice on home repairs before selling?
According to :
The bottom line is that there is usually almost nothing you can do to increase the sale price of a house enough to offset the cost of the work. All you can really do is make it easier to sell. I've been told that, aside from cleaning/painting existing stuff, about the only larger-ticket items that can possibly have a return-on-investment are landscaping and certain mostly-cosmetic upgrades in bathrooms. Certain _not_ pools, kitchens, or finishing basements. -- Chris Lewis, Una confibula non set est It's not just anyone who gets a Starship Cruiser class named after them. |
#6
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Advice on home repairs before selling?
wrote in message
... On 30 Mar 2004 21:57:35 GMT, (Rileyesi) wrote: We are considering selling our house. There are some major projects (i.e. putting a bedroom and additional bath in the basement) and some minor prouects (i.e. calking, painting, etc.) that we are considering doing to up the resale value of the house. I was wondering if there is an information source that I can read to get advice on what should be done. In other words, what should we focus on to get the biggest bang for our buck?? Kind of an open ended question, I realize, but if you don't ask you don't get a "yes", I figure! Thanks. Probably the best information source is a good realtor familiar with your neighbourhood. This is the key statement. Talk to a realtor. Regarding the basement, I don't know what code is in your area, but where I live, a basement cannot be counted as living space unless the home was originally constructed that way. It can be listed as "finished", but nothing more. Thus, all improvements go towards sellability, but do not reap dollar one for increasing living space as the finished rooms cannot be counted as bedrooms, or a family room, although, I do believe they can count the additional bathroom.... Let the new owners do their own construction. Your best bet is to detail out the house, so the buyers have less to point to as needing repair when they make their offer. Paint, caulk, fix that leaky faucet, etc... Mike |
#7
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Advice on home repairs before selling?
When I tried the vanilla trick, the very next looker became a buyer.
-B wrote in message ... On 30 Mar 2004 21:57:35 GMT, (Rileyesi) wrote: We are considering selling our house. There are some major projects (i.e. putting a bedroom and additional bath in the basement) and some minor prouects (i.e. calking, painting, etc.) that we are considering doing to up the resale value of the house. I was wondering if there is an information source that I can read to get advice on what should be done. In other words, what should we focus on to get the biggest bang for our buck?? Kind of an open ended question, I realize, but if you don't ask you don't get a "yes", I figure! Thanks. Probably the best information source is a good realtor familiar with your neighbourhood. Most homes cannot carry the cost of remodelling. Unless yours is a walkout basement, it is unlikely you will get more than fifty percent of the cost in added value -- and even that much is questionable. Same thing applies to upgrading countertops, sinks, faucets and so on. Unless you're a fix and flip expert, don't take on any significant changes -- focus on making what you have as attractive as possible. As to gettting bang for the buck in a house you're selling ... 1) Curb appeal, curb appeal, curb appeal!!!! Clean, neat, nicely painted, no litter, debris, etc. 2) Remove fifty percent of the stuff you have in each closet. Pack it away neatly (you're moving, aren't you?). 3) Nothing on the closet floor. Repeat, nothing. Makes closets look bigger. 4) If you're like most people, cut down the furniture in each room by thirty percent. 5) Clean carpets. No ... repeat, no ... area rugs on hardwood. 6) Clean walls, baseboards, casings, etc. Paint if required. Paint if PINK. 7) Get rid of all unsightly things, especially those which could sabotage a sale -- for example, extension cords tell buyers there aren't enough outlets. 8) Keep the house clean and fresh. A drop of vanilla extract on an electric burner leaves a great smell. Ken |
#8
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Advice on home repairs before selling?
Rileyesi wrote:
We are considering selling our house. There are some major projects (i.e. putting a bedroom and additional bath in the basement) and some minor prouects (i.e. calking, painting, etc.) that we are considering doing to up the resale value of the house. I was wondering if there is an information source that I can read to get advice on what should be done. In other words, what should we focus on to get the biggest bang for our buck?? Kind of an open ended question, I realize, but if you don't ask you don't get a "yes", I figure! Just about any Realtor with a website, be they a local company or a national "chain" will have some information about this. It's written by professionals, the people who work with home buyers and sellers every day of the year. Go there. Or trust a bunch of well meaning but nonetheless uninformed anonymous folks on the internet. Your choice. -- TP / Network Man __________________________________ If u want the races for free, somebody has to pay for it. ($1 Earl) |
#9
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Advice on home repairs before selling?
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#11
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Advice on home repairs before selling?
I sure haven't had much luck with "professionals". One realtor who was the
head of the realtor ethics committee was in cahoots with his realtor friend. Between the two of them they kept my house off the market for almost two months because her son wanted to buy the house but couldn't get financing. Next, I bought this place from a realtor. He owned it and listed it. The unenclosed porches were listed as living space. The heat was listed as electric. It was an electric plug-in space heater. There was no heating system. When he moved out, he dumped all his trash and garbage in the back yard. Repeated calls to the realtor's office (his boss) yielded no results. I had to clean up the mess myself. Another realtor hid the fact that there were liens on a property that I had made an offer on. He was really angry that I did a title search without telling him. Then he told my attorney that the title search was wrong and that I was obligated to buy. Another realtor hid a Superior Court child support lien and also told me I had to buy. My attorney threatened to sue and she agreed I could cancel the contract. She needed the commission to pay for her son's wedding. Why pay a realtor a commission to do nothing except steal from you? Save your money. Bob wrote in message ... On 31 Mar 2004 00:08:32 GMT, "I-zheet M'drurz" wrote: Rileyesi wrote: We are considering selling our house. There are some major projects (i.e. putting a bedroom and additional bath in the basement) and some minor prouects (i.e. calking, painting, etc.) that we are considering doing to up the resale value of the house. I was wondering if there is an information source that I can read to get advice on what should be done. In other words, what should we focus on to get the biggest bang for our buck?? Kind of an open ended question, I realize, but if you don't ask you don't get a "yes", I figure! Just about any Realtor with a website, be they a local company or a national "chain" will have some information about this. It's written by professionals, the people who work with home buyers and sellers every day of the year. Go there. Or trust a bunch of well meaning but nonetheless uninformed anonymous folks on the internet. Your choice. Well, I guess he obviously can ignore you, then. BB |
#12
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Advice on home repairs before selling?
rck wrote:
I sure haven't had much luck with "professionals". One realtor who was the head of the realtor ethics committee was in cahoots (snipped) There you go. Hundreds of lines of unsubstantiated, totally meaningless ranting from some anonymous jerkoff who you know only as "rck" from somewhere, USA. But of course you can believe it's all true, right? After all, "rck" wrote it on Usenet. Hey "rck", you left out the parts about realtors kicking your grandma in the teeth and poisining your puppy dog. They are about as valid as this crap that you did write. -- TP / Network Man __________________________________ If u want the races for free, somebody has to pay for it. ($1 Earl) |
#13
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Advice on home repairs before selling?
I have complete documentation, names and addresses of everything I have
stated. This is not meaningless ranting, it is sound advice based on my experiences. No, the realtors did not kick my grandma or poison my dog. These are legitimate legal issues which I believe were a violation of honesty and ethics on the part of several realtors over the years. What further information would you like? As for "Usenet", this is what Earthlink uses. Anyone can look at my e-mail address and figure out how to reply directly to me if they wish. I am not hiding behind any service and am not giving a phony e-mail address. Bob "I-zheet M'drurz" wrote in message ... rck wrote: I sure haven't had much luck with "professionals". One realtor who was the head of the realtor ethics committee was in cahoots (snipped) There you go. Hundreds of lines of unsubstantiated, totally meaningless ranting from some anonymous jerkoff who you know only as "rck" from somewhere, USA. But of course you can believe it's all true, right? After all, "rck" wrote it on Usenet. Hey "rck", you left out the parts about realtors kicking your grandma in the teeth and poisining your puppy dog. They are about as valid as this crap that you did write. -- TP / Network Man __________________________________ If u want the races for free, somebody has to pay for it. ($1 Earl) |
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Advice on home repairs before selling?
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#15
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Advice on home repairs before selling?
rck wrote:
I have complete documentation, names and addresses of everything I have stated. This is not meaningless ranting, it is sound advice based on my experiences. No, the realtors did not kick my grandma or poison my dog. These are legitimate legal issues which I believe were a violation of honesty and ethics on the part of several realtors over the years. So, the conclusion that should be drawn is: a) You just have rotten luck b) All realtors are scum, here are some common examples c) You bust *everybody's* balls, you could give similar lists for car mechanics, hair stylists, and little kids shoveling your snow that you've dealt with in life. d) You just have this throbbing problem with realtors. -- TP / Network Man __________________________________ If u want the races for free, somebody has to pay for it. ($1 Earl) |
#16
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Advice on home repairs before selling?
I agree with you completely that every other industry can have as many
problems as realty. But in the old days things were not like that. I remember buying my first house many years ago. The realtors were professional, honest and knowledgeable. Back then being a realtor was a calling, a profession. Nowadays visiting a realtor is like going to see a used car dealer or a seller of trailer homes. I'm not saying every realtor is a crook, but you'd have to look pretty hard to find a good one. Assuming you are in the business yourself, I'm sure you are aware of what is out there. So, where does one look to find an honest realtor? All the crooks I dealt with were licensed by the various states, member of the local and regional realtors associations. Yet that meant nothing. I'm not selling my house, but if I were, how would I find a realtor who would represent me and not himself? Bob "I-zheet M'drurz" wrote in message ... rck wrote: I have complete documentation, names and addresses of everything I have stated. This is not meaningless ranting, it is sound advice based on my experiences. No, the realtors did not kick my grandma or poison my dog. These are legitimate legal issues which I believe were a violation of honesty and ethics on the part of several realtors over the years. So, the conclusion that should be drawn is: a) You just have rotten luck b) All realtors are scum, here are some common examples c) You bust *everybody's* balls, you could give similar lists for car mechanics, hair stylists, and little kids shoveling your snow that you've dealt with in life. d) You just have this throbbing problem with realtors. -- TP / Network Man __________________________________ If u want the races for free, somebody has to pay for it. ($1 Earl) |
#17
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Advice on home repairs before selling?
' rck ' if you had proof you could get their liscenses revoked and sue
for Fraud and win big. So as Tom P was stating quit your " everybody is out to get me crap" Wake up and do something or shut up the BS and quit crying like a fat baby. |
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Advice on home repairs before selling?
' rck ' if you had proof you could get their liscenses revoked and sue
for Fraud and win big. So as Tom P was stating quit your " everybody is out to get me crap" Wake up and do something or shut up the BS and quit crying like a fat baby. |
#19
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Advice on home repairs before selling?
m Ransley wrote:
' rck ' if you had proof you could get their liscenses revoked and sue for Fraud and win big. So as Tom P was stating quit your " everybody is out to get me crap" Wake up and do something or shut up the BS and quit crying like a fat baby. I'm glad I'm not the only one that sees this. This person had a bad experience somewhere in life with a realtor, it's impossible for one person to have *all* of this evil/bad/incompetence land upon them in one lifetime, unless of course they ARE a major league ballbuster, and give everybody in life a hard time. End result: Welcome to Internet/Usenet, where folks can say just about anything they want without needing to back it up. Yeah, he has proof/evidence of all of this. I'll bet. -- TP / Network Man __________________________________ If u want the races for free, somebody has to pay for it. ($1 Earl) |
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Advice on home repairs before selling?
Yes, I could have sued, but an attorney would have cost much more than what
was at stake. I paid the attorneys only for consulting fees so I could get out of the contracts for the houses that had liens on them. You seem to be saying it is wrong to warn others to be very careful. Bob "m Ransley" wrote in message ... ' rck ' if you had proof you could get their liscenses revoked and sue for Fraud and win big. So as Tom P was stating quit your " everybody is out to get me crap" Wake up and do something or shut up the BS and quit crying like a fat baby. |
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Advice on home repairs before selling?
Regarding the basement, I don't know what code is in your area, but where I live, a basement cannot be counted as living space unless the home was originally constructed that way. It can be listed as "finished", but nothing more. Thus, all improvements go towards sellability, but do not reap dollar one for increasing living space as the finished rooms cannot be counted as bedrooms, or a family room, although, I do believe they can count the additional bathroom.... In Indiana the basement must be a walk out daylight basement for the space to count as "living space" (my wife is a realtor) HTH Rob |
#22
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Advice on home repairs before selling?
well rck if that was true and you had a case the realtors would have
had their licenses revoked. At small claims you dont bring an atty , costs 35$ and thats it. Some have 5000 limits, im sure that would have been fair compensation, If of course you had a case . |
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Advice on home repairs before selling?
No ... repeat, no ... area rugs on hardwood.
Why no hard wood floors? What if your house already has them? |
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Advice on home repairs before selling?
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#25
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Advice on home repairs before selling?
: : Certain _not_ pools, kitchens, or finishing basements. : -- : Chris Lewis, Una confibula non set est : It's not just anyone who gets a Starship Cruiser class named after them. i read all the time, that updating a kitchen IS A POSITIVE thing. cabinets, and countertops! |
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Advice on home repairs before selling?
: Or trust a bunch : of well meaning but nonetheless uninformed anonymous folks on the : internet. Your choice. actually, i trust the anonymous folks here.................... |
#27
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Advice on home repairs before selling?
Rose wrote:
i read all the time, that updating a kitchen IS A POSITIVE thing. cabinets, and countertops! Can't get much more expensive than that and there's no telling your taste would match the taste of any potential buyer. Unless the kitchen was an absolutely disaster area, I'd limit remodeling to a new faucet and maybe new drawer pulls and cabinet knobs. |
#28
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Advice on home repairs before selling?
Yes, updating a kitchen is a good thing, if you intend to USE it for a few
years. Then you get some of the investment back in resale value. Not if you intend to sell the house in 2 weeks. "rosie" wrote in message ... : : Certain _not_ pools, kitchens, or finishing basements. : -- : Chris Lewis, Una confibula non set est : It's not just anyone who gets a Starship Cruiser class named after them. i read all the time, that updating a kitchen IS A POSITIVE thing. cabinets, and countertops! |
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Advice on home repairs before selling?
According to rosie :
: Certain _not_ pools, kitchens, or finishing basements. i read all the time, that updating a kitchen IS A POSITIVE thing. cabinets, and countertops! Many kitchen remodels will cost in the $10K and up range. That's a _lot_ to expect it to return. I've read a study, somewhere, that gave return rates. The only "major" thing that generally showed a positive return was landscaping. Kitchens were in the 50% range. Pools much worse. On average of course. If the existing kitchen is a total disaster area, then redoing it has a better chance of hitting a positive return. -- Chris Lewis, Una confibula non set est It's not just anyone who gets a Starship Cruiser class named after them. |
#30
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Advice on home repairs before selling?
According to :
No ... repeat, no ... area rugs on hardwood. Why no hard wood floors? What if your house already has them? He said "no rugs on hardwood floors". Not "no hardwood floors". In other words, if you have a hardwood floor that's worth having, show it off! Don't make it look like you're hiding damage. -- Chris Lewis, Una confibula non set est It's not just anyone who gets a Starship Cruiser class named after them. |
#31
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Advice on home repairs before selling?
"I-zheet M'drurz" wrote in message End result: Welcome to Internet/Usenet, where folks can say just about anything they want without needing to back it up. Yeah, Tom "Firebug" Pendergast, you're the leading example of _that_. Go **** your drawers somewhere else ya friggin ******. |
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