Published at Tuesday, April 09th, 2019 - 11:52:51 AM. Home Decoration. By Adal Meier.
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.
Price the listing competitively. Be sure to compare apples to apples—if you look at comparable houses without garages, youll get a lower listing price and appraised value than those with garages. How much less depends on the importance of this feature in the area. In Roachs Sarasota neighborhood, most homes are built with garages since buyers want to protect their cars from the sun and oxidizing salt, have a place to store their beach gear, and protect their possessions from vandals if they head north for an extended period. Therefore, she says the absence of a garage can decrease the appraised value by as much as 20 percent. But those whove been priced out of certain neighborhoods may find the savings appealing.
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