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I just showed a property this weekend that exemplifies this. The seller had spent a lot of money for a lap pool, suana, hot tub room. They also had a dragon toilet… Never seen one of those before. The finishes from room to room did not even mesh with each other. The only peice that the seller was sucessful with in regard to finishes was the colors. The buyers had very mixed responses to it.
[...] 29, 2011 by Melissa Tracey · Leave a CommentFiled under: Remodeling Adviser By Melissa Dittmann Tracey, REALTOR MagazineWhen upgrading, home [...]
It’s true that too much prsonalization can kill a place but a little home staging can go a long way. I viewd a few properties recently that still had the colored tubs and sinks and I thought to myself that if they painted the walls of did a retro theme at least it would look repurposed intstead of outdated. So many Realtors could realy help Banks sell a home with a small $2000 budget for paint and staging. I don’t know why they don’t do it!
We once had a seller who was thrilled to show us his prized upgrade – An entire wall was turned into a display case for his shot glass collection. Just imagine dusting all those hundreds of little “cubbies”! He could not understand why potential buyers would not be willing to pay an extra $5,000 or so for this marvelous feature.
[...] Housing Upgrades That Aren’t Worth It : Styled, Staged & Sold. Share this:Twitter This entry was posted in Home Remodeling. Bookmark the permalink. ← Trashing foreclosure homes may be on the rise | TBO.com [...]
I always recommend to my customer, know your market, and know what the other homeowners are doing. This helps them stay in line with there renovation projects. For example, if someone lives in a lower end neighborhood, you wouldn’t necessarily have granite tops and floors. When come times for resale, the type of buyers the area attracts, just wont pay for the difference for the upgrade.
@ Ann Meczywor…I thought I had seen it all!
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