On 5/1/2014 1:44 PM, sf wrote:
> On Thu, 01 May 2014 13:16:47 -0400, Ed Pawlowski > wrote:
>
>> On 4/30/2014 11:21 PM, sf wrote:
>>
>>>>
>>> It's not wasted money if someone buy's your house instead of your
>>> neighbor's! You want the money you spend on your house to net to a
>>> minimum of twice what you spent. If you're thinking about selling and
>>> an upgrade can't do that, don't do it. Additionally - if an upgrade
>>> makes the difference between selling your house or continuing to
>>> languish on the market, then your money was well spent.
>>>
>>
>> We just finished one bathroom and the other is underway now. They were
>> fully functional, but they were also 36 years old.
>> I don't know if I'd get double my money back, bu t I do know that the
>> older styles fixtures would have kept the value down.
>>
>> In our case, we have no intention of selling, but want the improvements
>> for our own use enjoyment. Once we are gone, I won't care, but
>> meantime, I love the new shower and my wife likes the ease of getting in
>> and out unlike stepping over the tub that is now gone.
>
> Sane people remodel to suit themselves and don't do it at the last
> minute for resale purposes only. I can't imagine spending any amount
> of money on my house that I can't enjoy first.


Up to date kitchens and bathrooms will get you a better price from a
buyer, but other remodeling won't necessarily do so. It's also
important to not remodel your house so much that the value of the
property is much higher than the neighborhood.

When DH and I remodeled our NJ house, we understood that the kitchen and
bathrooms would make our house more sellable in the future, but the
other things we did, like woodwork, vinyl siding, new windows, some
walls, a fireplace, etc. would be for our enjoyment and were not an
"investment"


--
Janet Wilder
Way-the-heck-south Texas
Spelling doesn't count. Cooking does.

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