Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#16
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Last edited by senior citizen; 01-27-2014 at 07:19 AM. |
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#17
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I had bought the house forever ago for what was an appropriate price way back then (a ridiculous price today!), and other than house systems like heating, roof, siding, etc. I did minimal upgrading over the years because it just didn't seem important enough (everyone has different values). This way the new owner can build value through "sweat equity" AND have a home that looks like the buyer's rather than the seller's. Did I make a mistake in selling a "project of a house" for less money (which was also the condition when I bought it)? Maybe. But do I care? Not particularly.... |
#18
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Hi senior citizen,
We are in a similar situation. Live on the outskirts of town, 3.5 beautiful wooded acres, 1954 home totally hardwood floors and big rooms. We had an offer on our house this winter, but in March the buyer's financing fell through. In the meantime we purchased our home in The Villages, but our Virginia home is still for sale. It's also a small town area, manufacturing dried up, not a lot of jobs. More and more homes keep showing up on the market; more competition. I really do hope we get another offer soon! Best of luck selling your Vermont home, it sounds very lovely. With luck, the right person will come along, for both of us! |
#19
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am also in the process....my house is 40 years old and while I have upgraded, it's not with the big four.
however, my realtor didn't suggest doing a lot of upgrades as she said the buyer may not like them. case in point, my neighbor completely redid their bathroom prior to selling. got a great price. one day I'm walking the dogs and I see a tile saw outside the house. seems the new owner ripped out the newly renovated bathroom because the needed wheelchair height cabinets. so, you never know. I bought a resale and so am glad I won't be ripping out new carpeting when I redo the floors because as others have said, I don't like carpeting in florida. |
#20
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we will not put our up north home for sale for four years..have a to do list before we sell for doing one thing at a time
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Do not worry about things you can not change ![]() |
#21
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Sell your house as-is. No hassle, you get what it's worth. Of course the realtor will tell you to invest 30-50k in upgrades of which you will recoup no more than 80% gross and additionally loose another 6% to the realtor commision. Stop watching HGTV. |
#22
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...it may also depend on the area you live in and the type of buyer who may buy your house. ie if everyone in the neighborhood has granite etc then perhaps you should do granite or be willing to sell at a lower price.
I live in a freestanding Villa in the North and most likely my buyer will not be a younger person. When we did some upgrades we kept in mind what we liked but also who the next buyer would likely be.
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I don't know what the future holds but I do know Who holds the future. |
#23
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am contemplating selling our house at some time in the future and thinking of an ad something like this:
for sale, 3 br/2ba mini seashore victorian. not an hgtv home. no open floor concept. please do not schedule a preview if looking for that. flooring allowance. one mile from beach and walking distance to middle/high schools another alternative ad would be: half acre lot for sale - one mile from beach and within walking distance to middle.high schools. throwing in house for same price.
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Not sure if I have free time...or if I just forgot everything I was supposed to do! |
#24
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I agree that I wouldn't have done major upgrades. It's very risky to guess what a buyer will want. Although ours likes the new carpet, she is going to take out the dining room part of the great room and match the hardwood to the kitchen and entry. Young grandchildren who are messy eaters. She's moving that carpet to the basement. Our carpet was 15 years old as were the appliances so they were past their expiration date. They would have been a huge negative to buyers. The big remodels were done 5 years ago and we have thoroughly enjoyed them. My sister faces a different dilemma. She is a very heavy smoker and her house reeks. The old carpet covers hardwood, the wallpaper is striped and she will have to sell it as a fixer-upper. Frankly, I wouldn't even walk through the front door if I smelled it. She will have to find just the right buyer or take a hugely discounted price. Everyone has to weigh the choices.
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#25
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Last edited by senior citizen; 01-27-2014 at 07:20 AM. |
#26
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Kids are coming next month to get the basement empty of hoarding over 20plus years...what to sell, what to donate, what to dumpster and what to pack for TV..it should be interesting
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Do not worry about things you can not change ![]() |
#27
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Last edited by senior citizen; 01-27-2014 at 07:21 AM. |
#28
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Last edited by senior citizen; 01-27-2014 at 07:21 AM. |
#29
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and unfortunately, buyers may not realize what's really more important....I may not have granite but I have hurricane coverings for all my windows, a new roof, and a hurricane rated garage door....living near the coast this gives substantial home insurance discounts....but buyers want a pool....and I don't have one....
and again, everyone I know who has a pool, after a few years wishes they didn't have one.... |
#30
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Last edited by senior citizen; 01-27-2014 at 07:22 AM. |
Closed Thread |
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