Comments on: Denver real estate ~ Home Improvements and ROI

By: Lindsay

Lindsay — Tue, 01 Jul 2008 20:21:20 +0000

cant wait to look up the remodeling magazine website.

By: Lindsay

Lindsay — Tue, 01 Jul 2008 20:19:35 +0000

Great information! I am learning what to look for from bossy sellers

By: Elaine Reese

Elaine Reese — Sat, 03 May 2008 03:58:54 +0000

As Cyndee said, I find many sellers want that 1:1 value, and some even try to add compound growth to it.

By: Ginger Sala

Ginger Sala — Sat, 19 Apr 2008 00:09:31 +0000

Kristal, With the cost of heating oil what it is, upscale window replacements would be a priority remodel on any home north of the Mason Dixon! As for some of other additions, like they say one man’s remodel is another man’s unnecessary extra! These lists have been available for so long, it amazes me that so many homeowners are not aware of them!

By: Carole Cohen

Carole Cohen — Tue, 15 Apr 2008 08:47:47 +0000

I can tell we are working with buyers, Kristal; I was browsing the Magaazine site last night to see if the 2007 report was out! One of my buyers is a six foot gentleman who would not have been able to utilize the shower in either the first or second floor baths of the first home we saw; and yes that was the deal killer, so to speak. It’s almost not worth it to do a bath addition if the ceiling is too low. Love your new look too!

By: Cyndee Haydon

Cyndee Haydon — Sun, 13 Apr 2008 20:05:29 +0000

Kristal – I also run into this in this market where homes have been remodeled recently (last year or so) and the seller thinks it should be a 1:1 increase in value. I feel for those people who took out home equity loans to improve homes when things were rising and now can’t get that money back out. I tell buyers if you’re going to make improvements do it sooner rather than later so you get to actually ENJOY the improvements while you live there.

By: kristal

kristal — Sun, 13 Apr 2008 19:55:34 +0000

Yes, Missy it is amazing. I liken it to buying a really nice pair of shoes, wearing them for a year or two then expecting to get the same price I paid when I sell them at a garage sale!

It’s not going to happen!

By: Chris Griffith

Chris Griffith — Sun, 13 Apr 2008 19:55:13 +0000

I just discussed this with a seller last week. “But it cost us $x to put that in.” I said, “I sure hope you enjoyed it!”

Are you going to DC in mid may?

By: John Lauber

John Lauber — Sun, 13 Apr 2008 19:55:09 +0000

Nice information Kris. I don’t believe I had seen the remodeling magazine website. Good information to have for the future when talking to sellers. Thanks.

By: Missy Caulk

Missy Caulk — Sun, 13 Apr 2008 19:47:15 +0000

Isn’t it amazing how sellers expect to get every penny back, some of their value is their use and enjoyment of the updates. Didn’t know that about sunrooms, good information.