We've replaced the standard builder grade carpet in the living room, dining room and hallways with mid-priced red oak floors. About 400 sq ft total.
I'm contemplating replacing the carpet in the bedrooms and the flooring in both bathrooms & kitchen. Is it going to be worth the investment?
Does anyone who has replaced the flooring in their home know about how much that's increased the value?
2007-09-21 01:52:54 · 8 answers · asked by I_Hate_Stupidity 2 in Home & Garden ➔ Decorating & Remodeling
I live in a condo - it's in a great neighborhood, our condo has the most upgrades of any other. A 4 seasons room versus a regular sunroom. Upgraded appliances - now red oak floors instead of builder grade carpet.
2007-09-21 02:48:25 · update #1
Probably less than the cost of the floors. If it aint broke, don't fix it.
2007-09-21 02:00:40 · answer #1 · answered by Anonymous · 0⤊ 1⤋
Renovations in bathrooms and kitchens always pay off. Not only does it make your home increase in value, but it also makes it more appealing to prospective buyers. Not to mention that it will make you more comfortable in your home, which is the best value of all.
Since you live in a condo you want to make sure that any upgrades are in accordance with your HOH. For example many HOH do not allow a condo on an upper level to have hard floors anywhere but the kitchen and bath.
Your improvements are worthless if your neighbor complains and you are forced to redo them in accordence with the by- laws of the HOH.
2007-09-21 09:47:13 · answer #2 · answered by Amanda I 5 · 0⤊ 0⤋
Depends on the house, the location, the type of wood you use, how big the rooms with the wooden floors are compared to the ones that do not, how well you take care of the wood, what kind of carpet was in it before... etc. etc. This is kind of an impossible question to answer here. You will have to pay the money to have someone do an evaluation. There are too many variables for someone here to just guess.
2007-09-21 09:01:27 · answer #3 · answered by Mr. Taco 7 · 0⤊ 1⤋
It may not have increased it at all. Home owners sometimes have over-personalised a house and they think it looks great. The prospective buyer, meanwhile, is mentally adding up the costs involved in removing something. It can be the difference between a deal or no deal and is likely to influence the offer made.
You are better off to have the worst house in a good road than the best house in a bad road.
2007-09-21 09:03:20 · answer #4 · answered by Anonymous · 0⤊ 1⤋
We installed hardwood floors in our home and got back a great return on it. - meaning we spent $3000 and increased the price of the house to $6000 for them alone when we got our appraisal last month
2007-09-21 09:01:47 · answer #5 · answered by J*Mo 6 · 1⤊ 0⤋
Dollar wise, it probably doesn't add any value but it will make the house easier to sell. It makes the house more appealing.
2007-09-21 11:27:39 · answer #6 · answered by oil field trash 7 · 0⤊ 0⤋
real estate appraisers have guidelines they follow for pricing upgrades. banks use these appraisals for gauging home values.....call any appraiser directly & ask...
2007-09-21 13:41:29 · answer #7 · answered by lauren s 5 · 0⤊ 0⤋
Ask you agent.Alot of people do like hardwoods.
2007-09-21 09:58:08 · answer #8 · answered by Anonymous · 0⤊ 0⤋