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Lass Chance_2 Lass Chance_2 is offline
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It all depends on how much moiney you want to make.

People buy houses just FOR the incredible kitchens/bathrooms. Most
folks do NOT want to go out and buy appliances. This is stupid, of
course, because IF they went and bought their own kitchen apps, clearly
they would save money....but you cant go wrong underestimating the
intelligence of the public. Or their imaginations.

If a person looks at three houses, all basically with the same rumber
oif rooms, etc, and one has a fancy kitchen, that is the one that will
sell.

If I ever decide to sell, I will take an equity loan and remodel both
bathrooms and the kitchen with top of the line stuff. Because livable
space sells, I will convert my garage into a downstairts living area,
change the garagte door to sliding glass, add a galley kitchen....and
add fifty grand OR MORE to the value, OVER what the work will cost me.
I might even borrow an extra 20 K and build a descending deck OFF my
deck going out over the stream, with a gazebo on it, complete with a
fancy schmantzy gas grill and fridge and wine cooler....heh heh
heh....adding perhaps an extra 100 K, along wioth the new bathrooms and
fancy kitchen.

I agree it isnt worth it to JUST go buy a fridge...but IF you can, get a
new top of the line fridge,, replace the dishwasher, stove, etc. with
top of the line matching gear....Likewise, re-do the bathrooms with
up-to-date amenities, like the "bowl" type sinks and "no-touch" toilets
that flush automatically. Add the cost to the selling price PLUS an
extra 10- 20 grand.

You have to remember that people with money are looking for houses, just
as people without money are---and the people WITH money arent worried
about getting a mortgage loan. So, fancy UP to meet the moneyed market.
The "poor" folks who might buy your house "as is" without a fridge
probably cant get a mortgage loan, anyway......and the folks WITH money
wont be interested.


LassChance