Published at Sunday, April 07th, 2019 - 16:12:35 PM. Home Decoration. By Altmann Pfeiffer.
In the 1980s, garages grew larger to keep in scale with emerging McMansions. Some were finished with heating, painted floors, windows, and storage. And in the most extreme cases, they were converted into living space, which meant cars again had to be parked elsewhere. Now demand for a garage is decreasing with an emphasis on dense infill developments, walkable neighborhoods, and more car- and ride-sharing options. Chicago sales representative Jennifer Ames Lazarre with Coldwell Residential Brokerage recently listed and sold two high-end city homes without garages, each priced over $2 million. Other priorities will sometimes trump demand, too. Recent research from realtor.com® pointed out that for parents of school-age children, high-performing educational institutions win out over a garage.
Decide to switch out or credit. Sellers—understandably—want to limit the amount of money they spend on toning down an ultra-personalized kitchen before selling. There are some affordable options for expanding the buyer pool, though of course, this is highly subjective based on the clients budget and homes listing price. Big Chill Appliances, which is becoming well known for its 200 color options, charges $525 for a new panel on its $1,995 dishwashers. Homeowners looking to make a splash but also resell in the near future might want to consider appliances that offer this kind of flexibility. New countertops and backsplashes can be pricier—sometimes several thousand dollars, depending on the material and installation charges. Repainting cabinet fronts runs a wide range, depending on what the color was and will be, the finish selected, number of cabinets, and who does the work. Contractors at George Apap Painting Inc. quoted $5,000 to remove fronts and spray paint them in its factory for a small kitchen in upstate New York. Sellers willing to repaint themselves can save a lot on materials and achieve great results if they take the time to prime and paint properly. Switches like simpler hardware or faucets may be easier and less costly—a few hundred dollars, says Peter Albanese, vice president of Bellari Design in Branchburg, N.J. Designer Erica Islas of EMI Interior Design in Los Angeles suggests offering a credit to buyers in the negotiation process, so they can make their own choices. “Interior design shouldnt be a quick fix to sell, but a very personal, thought-out process,” she says. Biggs agrees. “The seller will never get their money back on most big changes. The truth is the next person probably will renovate and blow off the back of the house anyway,” she says.
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