By Adette Brandt. Home Decoration. Published at Tuesday, May 07th, 2019 - 08:45:55 AM.
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.
On the flip side, there are plenty of buyers who will avoid a listing without a garage, even if the location, price, and everything else about the house meets their approval. “They think, ‘Uh oh, no garage and move it to the bottom or off their list,” says Libbe Pavony, a real estate salesperson with Houlihan Lawrence in suburban Briarcliff Manor, N.Y. Real estate salesperson Steve Kempton with RE/MAX Community in Williamstown, N.J., is still looking for a buyer for a house he listed more than 70 days ago that has a garage that was converted to a recreation room. “Its hard even to get buyers in. But theres not much we can do since the seller feels the garage is an improvement rather than deterrent and doesnt want to convert it back,” he says.
Get an estimate so buyers can weigh the expense. Garage prices vary according to the size, style, materials, foundation required, storage options, types of doors, and who does the work—an architect, design-build firm, or contractor. A “typical” 20-by-20-foot, two-car, detached garage with vinyl siding and shingle roof usually ranges between $20,000 and $38,000, says Uday Khedkar, president of Danleys Garages in Northbrook, Ill. Popular improvements such as panelized wall and ceiling systems and snap-together floor tiles could add close to $10,000, says Skip Barrett, head of GarageTek in Plainview, N.Y. But prices can go much higher, even approaching median home prices. Chicago architect Allan J. Grant is currently designing a three-car, 30-by-20-foot freestanding garage with cedar shake siding, a concrete slab floor, heating, electrical outlets, and special doors on a North Shore suburban lot to match an Arts & Crafts style home. The contractors estimate came in at $250,000, Grant says. “We were all surprised,” he says.
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