Is money expert, Dave Ramsey, wrong or correct about the housing market?
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One thing everyone agrees on: A bathroom renovation is a smart investment. But as homeowners aim for more space, bathtubs are getting washed down the drain. According to a 2018 Houzz study, nearly 34 percent of boomers are nixing their tubs—and replacing them with massive walk-in showers.
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| I ❤ You, Isaiah! |
Bad idea, say real-estate experts. “I’m now recommending bathtubs to my clients,” says Douglas Elliman broker John Gomes. “We’re making master bedrooms smaller to create larger bathrooms.” The reason is twofold: Bathtubs are great for families—at the end of the day, few kids take showers. And secondly, they facilitate the ultimate method of self-care. “People are starting to realize the immense benefits to pampering ourselves,” says designer Matthew Quinn. “It’s a luxury to be able to soak and recharge at the end of a long week.”
A Black Front Door Isn’t the Only Exterior Update That Will Boost Your Home’s Value
Turns out, painting your front door black and maintaining a pristine garden aren’t the only ways to increase your home’s worth from the outside. While these minor revamps are certainly appealing because they’re low-lift, recent intel from Zillow reveals that there are other facade upgrades that are worth the investment. According to the popular real-estate site, which analyzed more than 3 million home sales and listing descriptions from 2020 to 2021, houses with metal roofs, as well those constructed in a modern farmhouse or mid-century style, can sell for around 2 percent more than expected. However, one value-boosting exterior feature especially caught our attention: board-and-batten siding.
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| Photography by Dionel Fisher; Design by KLH Custom Homes |
The Zillow report suggests that properties with this design can potentially sell for 1.6 percent more than those without it. While the style sounds straightforward (it consists of wide vertical planks, or boards, that are joined together by thin vertical strips called battens), there’s more to it than cool-looking grooves. Liz Hoekzema of the Michigan-based design-build firm KLH Custom Homes says that board siding is customizable in so many ways, “the most obvious of which is color (it can be painted or repainted any shade under the sun), but also the spacing and thickness of battens, how you trim windows and doors, and whether you mix it up with different varieties.” Homeowners can choose from an array of materials (wood, vinyl, steel—the list goes on and on), but Hoekzema is a big fan of cement board (also known as Hardie board) siding.
In addition to being cost-effective and easy to install, the material has a strong fire-resistant rating, the designer points out. Overall, the style’s vertical orientation also allows it to shed water more effectively than homes with shake or lap siding. This way, your aesthetic preferences never infringe upon your personal safety. Whether you have a small or large home, Hoekzema notes that tight spacing makes for interesting textures, especially when contrasted with widely spaced battens (the KLH-designed house, pictured above, is a prime example). Plus she reveals that while it seems to lend itself to modern barn-inspired structures, it can also be used to achieve a more traditional design. In her words, this facade choice is “twofold” because it is visually appealing and functional (and not to forget, a pro for resale!). We’re convinced, to say the least.
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Very Cute 😍 Brand-new Home
The continent of Australia has been on my mind lately because of a wonderful eBay purchase that I had made; and for the very attractive home of the kind Seller. #BeachVibe #OpenConcept
We're in the Hot 🔥 month of July 2021. Of course you think of cold Winter 🏂 snow, and Tom Cruise's (July 3rd) recent 59th 🎂Birthday! What a nice "gift" to himself this year. I could use a tiny sliver of those millions, hahaha! 😆💲😆 ... J/K
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| pc: Brett Schreckengost for LIV Sotheby’s International Realty |
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| pc: Brett Schreckengost for LIV Sotheby’s International Realty |
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| pc: Brett Schreckengost for LIV Sotheby’s International Realty |
Sotheby's International Realty
Sell, or Upgrade --That is the question!!
Know your "Why".
Inevitably, more house means more problems.
(Funny that we've done 4 out of 5 on their renovation list 😉)
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"I put my heart, soul and blood, sweat and often tears into it," the Breaking Bad star said of the custom-built home - People Magazine
Photo Credits: JAKE CRYAN PHOTOGRAPHY
The Spaces: Bryan Cranston's House
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The goal for these changes is to achieve our version of Modern Farmhouse from the exterior.
Renovations need not be major or costly. Doing any of the ideas below will pay-off financially down the road, whether the Real Estate market is hot or not:
A larger master suite may not be the best idea.
We all want our homes to be a reflection of who we are. That’s what makes renovating so energizing. But if you plan to live in your space for only a few years—let’s say less than five—it’s best to keep in mind the potential for resale before picking blue countertops or painting the rooms black. Every choice you make could entice or detract a potential buyer.
So where should you start when renovating with resale in mind? First, make sure all systems are in good working order and there are no structural issues before turning your attention to the areas that matter most to buyers. Focusing your time and money on remodeling the most visible parts of your home, for instance, tends to bring the best value, and kitchens have one of the highest rates of return.
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| pc: Domino Magazine |
In one New York City building where Sweeten renovated two kitchens, both apartments sold at $100,000 above asking price (in one case, far exceeding the purchase price for the exact same non-renovated unit on a higher floor). Want a similar return rate? Pay attention to these seven details above all else.
Lighting or plumbing that looks like it’s from the ’80s won’t make the best first impression. Instead, substitute existing fixtures for more modern varieties with clean lines. Get rid of timeworn trends that serve no purpose—glass-block walls, faux wood paneling, etc. If you’re swapping out kitchen appliances, consider purchasing name brands that can be touted in a real-estate listing (for instance, a Sub-Zero fridge).
This is a necessity if your flooring isn’t in great shape, but it’s also generally one of the best investments to improve a space because of the large surface it covers. Carpets are a turnoff for many buyers.
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| pc: Cambria |
Some homeowners want to do it themselves (though if you ask them afterward, they often say they’d hire a pro the next time). Whatever route you choose, covering purple or pink walls with a palatable light cream or beige will go a long way in attracting buyers who don’t see past existing finishes.
Change out kitchen cabinet fronts by sanding and repainting or replacing the existing doors and hardware. If you have a very dark kitchen, going lighter will almost certainly appeal more to buyers. Replacing countertops and backsplashes can have a major impact if your budget allows.
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| pc: Magnolia Realty |
If you’re not looking for a gut renovation, the easiest and most affordable way to update the bath is to paint and replace the medicine cabinet and mirror. Updating the tile and vanity and reglazing the tub can also revive the space. For a small bathroom, consider a floating vanity, which gives the illusion of more space.
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| pc: Domino Magazine |
Eliminating a bedroom to create a big master suite means one less bedroom in the listing. You may lose buyers looking for a certain number of rooms. Similarly, converting your hall bathroom tub into a shower may hurt your resale chances if families with small children are the primary buyers. However, it’s an easier choice if you have two bathrooms with tubs. In an ideal scenario, you’ll want to consult a local real-estate agent to advise on what a typical buyer wants in your neighborhood.
Help buyers envision the possibilities for the space by putting up pressurized walls to create an office nook or adding sliding doors across a large living room to create a den or meditation zone. By putting in the work to create an inviting vision for the space, you’ll make sure anyone who walks through the door can picture living in your home.
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Walk in wisdom toward them that are without, redeeming the time. (Colossians 4 )
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| pocket doors @ apartment in Europe |
Front doors set the tone for what lies ahead. - HOUZZ
| BIL during our visit to Versailles, France |
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| curious grandson figuring-out the back door |