One new dishwasher = completely remodeled house

Morrigoon · 04-18-2007, 05:06 PM

Not saying it won't improve the value... just that sometimes people overestimate the increases in the value of their home.

wendybeth · 04-18-2007, 06:35 PM

I see examples of this all the time on those H&G shows, like 'Flip that House', etc. Last year we got a new roof and had the entire exterior re-stained. We also got all new carpeting. While the carpet is better aesthetically, it was the roof and outside work that brought up our assessed value. Things like new appliances won't do diddly because most people take their appliances with them when they leave, although new flooring is generally a plus. We don't plan on selling our house anytime soon but we are interested in keeping a healthy equity balance, so we do keep an eye on it.

jdramj · 04-18-2007, 10:49 PM

Well, I did tons of work...well I didn't do it, but I paid others to do it for me and I don't care about value currently. Maybe someday, but I care that I have a much better kitchen that I can enjoy and has become more of the center of our home instead of the rooms with TV. That is more priceless to me right now.

wendybeth · 04-18-2007, 11:07 PM

Oh, don't get me wrong- I totally appreciate the value of cool digs. I just am a place in my life where I want to do other things first, like travel. We are still keeping up and making improvements, but some things are on the back-burner. (Like really English-gardening out our yard; it's huge, three-tiered in back and very heavily landscaped. With the proper attention it could be gorgeous, but it really needs a lot of work). We have plans for a waterfall, pond and the like, but right now Hawaii beckons.

04-18-2007, 05:06 PM	#1
Morrigoon I throw stones at houses Join Date: Jan 2005 Location: Location: Location Posts: 9,534	Not saying it won't improve the value... just that sometimes people overestimate the increases in the value of their home. __________________ http://bash.org/?top "It is useless for sheep to pass a resolution in favor of vegetarianism while wolves remain of a different opinion." -- William Randolph Inge
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04-18-2007, 06:35 PM	#2
wendybeth Nevermind Join Date: Jan 2005 Posts: 7,847	I see examples of this all the time on those H&G shows, like 'Flip that House', etc. Last year we got a new roof and had the entire exterior re-stained. We also got all new carpeting. While the carpet is better aesthetically, it was the roof and outside work that brought up our assessed value. Things like new appliances won't do diddly because most people take their appliances with them when they leave, although new flooring is generally a plus. We don't plan on selling our house anytime soon but we are interested in keeping a healthy equity balance, so we do keep an eye on it. __________________
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04-18-2007, 10:49 PM	#3
jdramj Trying to sleep Join Date: Jan 2005 Posts: 201	Well, I did tons of work...well I didn't do it, but I paid others to do it for me and I don't care about value currently. Maybe someday, but I care that I have a much better kitchen that I can enjoy and has become more of the center of our home instead of the rooms with TV. That is more priceless to me right now.
	Submit to Quotes

04-18-2007, 11:07 PM	#4
wendybeth Nevermind Join Date: Jan 2005 Posts: 7,847	Oh, don't get me wrong- I totally appreciate the value of cool digs. I just am a place in my life where I want to do other things first, like travel. We are still keeping up and making improvements, but some things are on the back-burner. (Like really English-gardening out our yard; it's huge, three-tiered in back and very heavily landscaped. With the proper attention it could be gorgeous, but it really needs a lot of work). We have plans for a waterfall, pond and the like, but right now Hawaii beckons. __________________
	Submit to Quotes