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Message
re: Sinking money into a makeover vs. selling (building/buying new)
Posted on 1/11/20 at 11:34 am to Will Cover
Posted on 1/11/20 at 11:34 am to Will Cover
I don’t know your house but needing to “modestly” remodel any house at 11 years old seems crazy.
Other than a coat of paint, what else really needs to be redone at that age?
Also, don’t you have a huge pool/outdoor kitchen area iirc? How do you value that into the equation?
Other than a coat of paint, what else really needs to be redone at that age?
Also, don’t you have a huge pool/outdoor kitchen area iirc? How do you value that into the equation?
Posted on 1/11/20 at 12:45 pm to Croacka
quote:
I don’t know your house but needing to “modestly” remodel any house at 11 years old seems crazy.
Other than a coat of paint, what else really needs to be redone at that age?
Yes, fresh paint for sure, inside and out, plus wife is wanting to redo the kids bathroom and ours. And bathrooms aren’t usually too cheap. We also have an open floor plan concept and she now wants wall separation and a keeping area, which our house will not allow for it unless some major modifications were to occur.
quote:
Also, don’t you have a huge pool/outdoor kitchen area iirc? How do you value that into the equation?
Yes, we do. I didn’t factor that into cost per square foot and while I realize a pool may detour some buyers, their has to be some (I realize not much) value especially when you factor in outdoor kitchen. We spent 6 figures and if a person were to do this today on their own, for type of design and finishes we have, they would spend that as well. Not sure how you put a price tag on that?
This post was edited on 1/11/20 at 12:48 pm
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