Quote:
Originally Posted by Topspinmo
Must be just me, I don’t replace something unless it’s broken/worn out? It just counter. About every resale I’ve notice no matter how much money was spent for upgrading for sale the new owners tore it up and put in what they like.
IMO most upgrading waste of money on resale cause the new owners may not have same taste. I watched my neighbor spent 40K plus upgrading, painting closing in Lani. Guess what the new owners tore all the upgraded out, repainted and spent another 40K plus.
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If your neighbor got back what he spent on upgrading for resale and, maybe, even some on top of that in the sale price, then it was probably money well-spent. To the seller, it's irrelevant what the buyer does with the property.
This I can tell you as someone avidly watching TV real estate -- for the people who are moving from out-of-state, and all that that entails, combined with not knowing reputable contractors / handymen in the area -- the idea of buying a home that needs a lot of updating is not appealing. I'm seeing updated listings that are
priced correctly go under contract more quickly than much lesser-priced homes that still have blue countertops and plenty of carpeting, etc., for example. Imo, sellers are well-advised to get sharp colors off of walls, pull-out old carpet and replace with something else plus a few other things. It WILL help them sell their home faster.
But, this is besides the point of the OP anyway. She is updating her kitchen for herself and her use while she owns the property.