- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Thinking of selling - redo kitchen?
Posted on 4/21/21 at 11:25 am
Posted on 4/21/21 at 11:25 am
I bought my house and have been slowing fixing it up over the past 3 years. All the bathrooms have been redone, new HVAC system, new windows, expensive AF back porch, new shutters, new landscaping, repaired fencing, new concrete in the back yard.
It's pretty much completely redone except for the kitchen which has a post-katrina look to it and replacing the crappy bamboo flooring on the 1st floor. (stained cabinets and brown granite with crap tile floor)
Should I sell as is?
Should I lipstick the kitchen and sell? (paint cabinets and place tile/counter tops)
Should I completely redo the kitchen?
Also, found some cheap $1.99 manufactured flooring that I think looks good. Will people be able to notice its that cheap and want to replace it themselves with better stuff or will it be worth it to replace shite bamboo with lots of wear and tear?
flooring
It's pretty much completely redone except for the kitchen which has a post-katrina look to it and replacing the crappy bamboo flooring on the 1st floor. (stained cabinets and brown granite with crap tile floor)
Should I sell as is?
Should I lipstick the kitchen and sell? (paint cabinets and place tile/counter tops)
Should I completely redo the kitchen?
Also, found some cheap $1.99 manufactured flooring that I think looks good. Will people be able to notice its that cheap and want to replace it themselves with better stuff or will it be worth it to replace shite bamboo with lots of wear and tear?
flooring
3
Posted on 4/21/21 at 11:30 am to Neauxla
What do you think it would cost you to redo the kitchen?
I'd probably redo it and up your resale value. That place would sell immediately at asking price with all those upgrades
I'd probably redo it and up your resale value. That place would sell immediately at asking price with all those upgrades
Posted on 4/21/21 at 11:34 am to Geauxld Finger
I’d say depends on square feet and asking price. Right now in this market you can probably get what you want with less of a headache of messing with the kitchen. A half arse remodel and higher price will probably be more of a turn off then a buyer who decides they can upgrade themselves and get what they want
If your ready to list it, list as is and if you don’t get what you want take it off for a bit and do the remodel and relist.
If your ready to list it, list as is and if you don’t get what you want take it off for a bit and do the remodel and relist.
This post was edited on 4/21/21 at 11:35 am
Posted on 4/21/21 at 11:53 am to CE Tiger
Mine is going on the market soon. It could certainly use some upgrades, but there are plenty of buyers out there that are willing to compromise in this market.
Posted on 4/21/21 at 11:59 am to CE Tiger
quote:just under 2500 and would like to get around $675
I’d say depends on square feet and asking price.
Posted on 4/21/21 at 12:06 pm to Neauxla
Have a realtor friend? Ask them to take a look at it and give you some advice.
I would lean towards an as-is listing with a plan to offer something towards new flooring, etc. figure out what you would spend doing those things and list at the price you are wanting. Offer a credit for the new work that you think needs to be done at about 60% of your calculated cost. It gives people something to negotiate on and you would still come out ahead.
I would lean towards an as-is listing with a plan to offer something towards new flooring, etc. figure out what you would spend doing those things and list at the price you are wanting. Offer a credit for the new work that you think needs to be done at about 60% of your calculated cost. It gives people something to negotiate on and you would still come out ahead.
Posted on 4/21/21 at 12:52 pm to Neauxla
quote:
just under 2500 and would like to get around $675
I bought a 5 bedroom - 3,000 sq ft house for 375k at the end of 2019. Put about her 115k into it . this damn thing may be worth close to $700k in this crazy arse market
This post was edited on 4/21/21 at 12:54 pm
Posted on 4/21/21 at 2:34 pm to CE Tiger
Which is why I'm debating selling now and renting while I build a new house in Bucktown. 
Posted on 4/21/21 at 2:54 pm to CE Tiger
Depending where you are, I’d just sell...market is so high it won’t matter.
FYI - Selling is easy right now, but buying is really hard. Where would you move? Sure you can snag a house you want?
FYI - Selling is easy right now, but buying is really hard. Where would you move? Sure you can snag a house you want?
Posted on 4/21/21 at 7:23 pm to LSUfan20005
I’m looking at building on a lot in bucktown. So I’d have to rent if I sold now
Posted on 4/22/21 at 8:53 pm to Neauxla
Selling now and renting for a few years is a good strategy right now IMO
Posted on 4/22/21 at 10:43 pm to bee Rye
Low interest rates, low inventory, cost to build increasing, inflation going up and some allowing a 40 year amortization. What makes you think that things are gonna be any cheaper any time soon? Sitting out a few years and losing out in equity- akin to timing the stock market- seems like a risky proposition.
Posted on 4/22/21 at 10:48 pm to Neauxla
quote:
I bought my house and have been slowing fixing it up over the past 3 years. All the bathrooms have been redone, new HVAC system, new windows, expensive AF back porch, new shutters, new landscaping, repaired fencing, new concrete in the back yard.
It's pretty much completely redone except for the kitchen which has a post-katrina look to it and replacing the crappy bamboo flooring on the 1st floor. (stained cabinets and brown granite with crap tile floor)
Where is the house?
I think most people who are going to pay $270/ sq ft on a 2,500 sq ft house would expect everything to be updated. There are outliers, of course, depending on your area
What Id do is, list at $650k. You will find out real quick how people value the house. If it’s priced right, you will get multiple offers at or over ask. And if it is truly worth $675k the offers are going to push the price there and possibly beyond. If you don’t get an offer after a day or two your price is too high.
But, if you’re following the market, everyone is listing their shitty houses at an astronomical prices. Everyone thinks they can fetch a king’s ransom but aren’t self aware enough to realize they’re sitting on a turd. You can check the MLS and see the ones that are sitting. A lot of old, overpriced houses that need work aren’t moving bc they’re priced too high
Posted on 4/22/21 at 10:56 pm to GynoSandberg
Broadmoor
Posted on 4/23/21 at 12:11 am to Neauxla
Run the comps, you may be $100k too high even with an updated kitchen
Just at a glance, 5416 S Tonti has been sitting for 38
days at $590k. 3707 Nashville has been sitting since September, started at $595k. A little bigger than yours but will end up similarly valued per sq ft
4517 S Johnson and 3338 Octavia just went up at $585k and $625k, respectively. See how fast they sell, it’ll tell you what you need to know
Just at a glance, 5416 S Tonti has been sitting for 38
days at $590k. 3707 Nashville has been sitting since September, started at $595k. A little bigger than yours but will end up similarly valued per sq ft
4517 S Johnson and 3338 Octavia just went up at $585k and $625k, respectively. See how fast they sell, it’ll tell you what you need to know
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News