{"id":395,"date":"2006-09-26T03:37:02","date_gmt":"2006-09-26T10:37:02","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=395"},"modified":"2006-09-30T13:23:20","modified_gmt":"2006-09-30T20:23:20","slug":"blogoff-post-18-most-home-improvement-stories-are-substantially-improved","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/395\/blogoff-post-18-most-home-improvement-stories-are-substantially-improved\/","title":{"rendered":"Blogoff Post #18: Most home-improvement stories are substantially improved . . ."},"content":{"rendered":"

This is from my Arizona Republic<\/i> column<\/a>:<\/p>\n

Home improvement is usually not a good financial investment. Instead, remodeling will normally have lifestyle value as you use and enjoy your improvements while you live in the home, then pass them along to the next buyer at a discount.<\/p>\n

How big a discount? You may get dollar for dollar for tasteful upgrades to kitchens and bathrooms. A well-maintained pool can trade at its replacement value. For everything else, you’ll do very well if you get 50 cents on the dollar.<\/p>\n

There are ways to improve these results. The worse shape the house is in, the greater the relative value of intelligent remodeling. If you can upgrade the market value of the property at the same time — for example, adding a master suite to a two-bedroom house — so much the better.<\/p>\n

On the other hand, it is possible to spend a lot of money and make the house worth less. I was in a home where the sellers had redone the kitchen with black marble tile, black cabinets, a black porcelain sink and, as the crowning glory, black Corian countertops with bright red accent stripes. They couldn’t understand why they kept getting low-ball offers.<\/p><\/blockquote>\n

It’s always a treat on listing appointments to listen to sellers explain why their home improvements are worth even more<\/i> than what they cost. This would be the only used stuff in the world that sells at a premium over new…
\n<\/p>\n

Technorati Tags: arizona<\/a>, arizona real estate<\/a>, phoenix<\/a>, phoenix real estate<\/a>, sellsius 101<\/a>, real estate<\/a>, real estate marketing<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

This is from my Arizona Republic column: Home improvement is usually not a good financial investment. Instead, remodeling will normally have lifestyle value as you use and enjoy your improvements while you live in the home, then pass them along to the next buyer at a discount. How big a discount? You may get dollar […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[6,5],"tags":[],"class_list":{"0":"post-395","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-marketing","7":"category-real-estate","9":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":1548,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1548\/refurber-brings-social-networking-to-home-remodeling\/","url_meta":{"origin":395,"position":0},"title":"Refurber brings social networking to home remodeling","author":"Greg Swann","date":"June 16, 2007","format":false,"excerpt":"Via TechCrunch, here's a new category for the taxonomy: Home Remodeling\/Refurbishing\/Restoration. The idea had occurred to me, but I wasn't sure the category even exists in weblog form. Refurber, the site cited by TechCrunch, is not a weblog. Even so, it is the rarest of things in Web 2.0, a\u2026","rel":"","context":"In "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2814,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2814\/listing-real-estate-the-bloodhound-way-virtual-remodeling\/","url_meta":{"origin":395,"position":1},"title":"Listing real estate the Bloodhound way: Virtual remodeling","author":"Greg Swann","date":"March 21, 2008","format":false,"excerpt":"I wrote about Obeo's virtual remodeling feature when first I discovered it (they call it Style Designer). As far as I'm concerned, this one feature is a total category killer among virtual tours. Panoramas? Check. Ken Burns zooming tricks? Check. Cheesy music loops ripped-off from CHiPs and Charlie's Angels? Check.\u2026","rel":"","context":"In "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1538,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1538\/an-renet-taxonomy-identifying-types-of-real-estate-weblogs\/","url_meta":{"origin":395,"position":2},"title":"An RE.net taxonomy: Identifying types of real estate weblogs","author":"Greg Swann","date":"June 14, 2007","format":false,"excerpt":"This is a first strike at a taxonomy of real estate weblogs. Taxonomy is the science of categorizing things. Of course, not everything can be neatly categorized, but the elucidation of categories can focus the mind, helping us to understand where certain weblogs might fit, which are hybrids of two\u2026","rel":"","context":"In "Blogging"","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17897,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17897\/where-have-all-the-buyers-gone\/","url_meta":{"origin":395,"position":3},"title":"Where have all… the buyers gone?","author":"Brian Brady","date":"February 26, 2021","format":false,"excerpt":"If you work with home sellers, the pandemic has been good to you... VERY good to you. If you mostly work with buyers, the pandemic has been sheer hell for you. All of that may change in 2021.\u00a0 \u00a0If you spend 5 minutes reading what I am writing, you will\u2026","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2021\/02\/BlackFriday-480x320.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":6497,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/6497\/doing-the-right-kinds-of-repairs-and-remodeling-to-your-home-is-the-key-to-maintaining-its-resale-value\/","url_meta":{"origin":395,"position":4},"title":"Doing the right kinds of repairs and remodeling to your home is the key to maintaining its resale value","author":"Greg Swann","date":"January 11, 2009","format":false,"excerpt":"This is my column for this week from the Arizona Republic (permanent link). \u00a0Doing the right kinds of repairs and remodeling to your home is the key to maintaining its resale value Cleaning, painting and doing small repairs around the house are just about unlimited virtues for homeowners. They're a\u2026","rel":"","context":"In "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1085,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1085\/does-redfincom-have-tougher-agents-or-tougher-clients-a-challenge-in-bloodhound-red\/","url_meta":{"origin":395,"position":5},"title":"Does Redfin.com have tougher agents or tougher clients? A challenge in Bloodhound red . . .","author":"Greg Swann","date":"February 27, 2007","format":false,"excerpt":"I represented the buyer in the sale of a home worth $450,000. Luxury home on the first tee of an exclusive golf course, right next to a million-dollar custom-home lot. How much did we pay? $310,000. Now the truth is, I had an ideally-situated buyer and we were working with\u2026","rel":"","context":"In "Blogging"","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/395","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=395"}],"version-history":[{"count":0,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/395\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=395"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}