Home Selling in Roswell>Question Details

Jmwhite16, Both Buyer and Seller in Roswell, GA

Should I replace all my carpet with hardwood floors? Will I get my $$ back? I have a 3 bedroom Ranch.

Asked by Jmwhite16, Roswell, GA Sun May 30, 2010

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14
Great question.

I live in Roswell and have been assisting buyers and sellers since 1998.

I'd welcome the opportunity to visit the subject property and meet with you to discuss this issue based on your particular situation.

Do visit my website: http://www.janetatlantahomes.com

Warmest regards,

Janet Horodysky
Solid Source Realty GA
http://www.janetatlantahomes.com
Cell # 770-313-5776
Email: janeth@bellsouth.net
0 votes Thank Flag Link Fri Jul 8, 2011
Will you get your money back dollar for dollar? Probably not. Will your house sell more quickly, have more traffic and get a higher price than it would have with carpeting installed? Definitely. So you'll be "getting your money back" that way.
Whenever my sellers ask a question like this, I have to remind them of ALL the homes out there that will probably not sell at all--whatever you can afford to do to make it more attractive to potential buyers and help it sell more quickly and at a higher price, I would do.
Hardwoods are a definite "hot button" for many buyers (many of my buyers have me set up automatic property searches for them that ONLY include homes with hardwoods). Just make sure you have to money to install quality hardwoods or don't do it. I have a great hardwood installer/refinisher that is quite reasonable and actually does work for Georgia Tech and companies in other states. Contact me if you need him information!
0 votes Thank Flag Link Sun Sep 26, 2010
In today's market in Roswell your will not get your money back.

I would have a REALTOR like myself come to look at your house & subdivision. This way I could go over your financial options with you & time frame to sale your house.

Also, have you found a house want to buy yet?

John Reinhardt
Solid Source Realty
REALTOR
770.475.1130 Ext. 6806
http://www.InFrontMarketing.com
0 votes Thank Flag Link Tue Jun 8, 2010
There's a lot of things that buyers are looking for when shopping for a house. Some buyers really love carpet and others love hardwood. If you replace your floors with hardwood, some buyers will not like that. Many will like it though, so it might be worth the investment. http://mansionhillcustomfloors.com
Flag Tue Mar 24, 2015
JM,

The answer to your question is a question. Where will my money best be utilized to make my home more appealing to the buying public. It may be Hardwoods, it may be paint, it may be landscaping, it may be new counter tops....Will you get your total investment back...absolutely not. If you are currently contractually engaged with a Realtor, talk with him or her and get their opinion as to where your investment monies will best be spent. If you haven't listed your home yet get with three or so Realtors and get their opinions as to the current value of your home and what changes in condition need yo be made in order for you to sell your home in the time frame you desire.

If I can be of help please feel free to contact me at your earliest convenience.

Chuck Green, Realtor
Keller Williams Realty
770-714-7077
chuckgreen@kw.com
"Lifetime Member Million Dollar Club"
Serving Atlanta's Realty Needs Since 1984
Web Reference: http://chuckgreen.com
0 votes Thank Flag Link Tue Jun 1, 2010
No, I don't think so. I might help you sell you home faster but, i could hurt too. Your home will now be more expensive and you might lose a few buyers too..

Good Luck
0 votes Thank Flag Link Mon May 31, 2010
I’d have to agree with everyone else. You will not get your money back with your investment of wood floors. But it will certainly help you separate from the competition. We have such an influx of inventory on the market, that buyers are super picky!
Here’s an article in Atlanta Magazine quoting our Harry Norman, Realtor’s Buckhead office Broker, Shae Zimmerman about our local real estate market. I think you’ll find some interesting tips and ideas. Click this link http://magazine.harrynorman.com/CM/salesmeeting/atlantamag.pdf for the full article.
Feel free to email me for a list of the top 10 things to do to help get your home sold in this market. Tania.macleod@harrynorman.com
I’m here to help! Just let me know how. I live, work, and play in Roswell.

thanks,

tania

it's the perfect spot!

tania gardère macleod
Harry Norman, REALTORS
C 404.964.2267
E-fax 404.497.5368
E tania.macleod@harrynorman.com
http://www.itstheperfectspot.com
follow me on:
facebook, twitter, linkedin and my blog at http://itstheperfectspot.blogspot.com/
0 votes Thank Flag Link Mon May 31, 2010
Doubtful you will get all your money back. Depending on the recent sold comparable porperties you may receive some back. When the Realtor (hopefully me :) provides you with the recent comparable sales that will help to answer your questions and give you an idea how your home "AS IS" compares today. Like many of the comments, hardwoods are a very nice upgrade and they absolutely help to sell homes. Typically homes with nice hardwood floors, upgraded kitchens and baths sell faster than comparable homes in the similar price range. I can show you 2 recent homes that "sold" in Roswell GA this month that had hardwood floors where a competing property did not. The 2 houses were smaller but they had hardwoods and a nice kitchen. Sure looks like the hardwoods made a difference in this market for the 2 Roswell buyers.

Barbara Clayton - Cell: 770-363-5330
Spirit Realty Professionals
Roswell Ga.
0 votes Thank Flag Link Sun May 30, 2010
Hello Jim and thanks for your post.

Typically, upgrades to the home are intended to sell your home faster, and not necessarily for more money. In fact, unless the market is "red hot" where you live, and there are multiple offers per home, the investment to hard wood floors will simply make your home more "buyable" than other comparably priced homes--but, not necessarily deemed worth more.

One of the advantages of using a qualified real estate agent in your area is that the agent knows your market, probably has seen dozens of homes just like yours, understands buying trends right now, and can tell you if adding hard wood floors would help sell your home faster or if the carpets should stay. So talk with a great agent to get his/her insight into whether or not hardwood floors should be installed right now.

Good luck!

Sincerely,
Grace Morioka, SRES
Area Pro Realty
San Jose, CA
Tel 408-426-1616
0 votes Thank Flag Link Sun May 30, 2010
In this current market you won't get your investment back, however, it might cause your home to sell faster which could in essence be the same exact thing. (More mortgage payments, etc).
0 votes Thank Flag Link Sun May 30, 2010
Joshua Jarvis, Real Estate Pro in Duluth, GA
MVP'08
Contact
We put wood on the entire first level to cut down on dust and for the beauty. I knew we would never get our investment back dollar for dollar.

The way I look at it is the $8,000 flooring cost me $2,000 per year over the 4 years we have had it. At 8 years it will be $1,000 per year. I would have had to replace the carpet if I would have keep it in the 4-8 year mark and it would cost about $4,000. That helps justify the cost of wood.

When we do go to sell the hardwoods will be a real plus over the neighbor with carpet so I will get mine sold quicker, thus saving money and selling for more than the neighbors.

No, you wont get the money back on the investment, just enjoy the rich wood look. To get a great price call my buddy, Rob Lowder at Floor Creations at 770-918-0043 and tell him Mark sent you.


Mark Lackey
Atlanta Housing Source at
Solid Source Realty, Inc.
Associate Broker
EcoBroker
404-886-8789

Services
Home Buyers & Sellers - http://www.AtlantaHousingSource.com
Property Management – http://www.SolidSourcePM.com
0 votes Thank Flag Link Sun May 30, 2010
Not all buyers prefer hardwood floors. In general anything you spend money on (including labor costs) you will lose money on it when you sell. If you could do it yourself maybe you might break even but that is a big if and a lot of hard work.
0 votes Thank Flag Link Sun May 30, 2010
No, you will not likely get your money back.
0 votes Thank Flag Link Sun May 30, 2010
I replaced my entire main level with hardwoods and I love it. When people come to my home, they compliment me on my choice of colors that I chose for the hardwoods - I went extra dark cherry. You won't recoup all of your money, however, you'll definitely get more showings. Buyers love hardwoods! By the way, I live in Crabapple. Let me know if you'd like for me to stop by and take a look at your home and give you my Marketing Plan.

Julie Brittain
404-966-3328

http://www.TeamBrittain.com
0 votes Thank Flag Link Sun May 30, 2010
If you are planning on selling your home soon, I don't know whether the investment in hardwood would be worth it. You may recoup some cost, your house would probably appeal to more buyers but I doubt you would get a 100% return on investment if you are just going to turn it around and sell it.
You may be better off just spending the money to get the carpet professionally cleaned, especially if there are animals in the house.
One other alternative is to just splurge for hardwood in the main living areas since a lot of people don't mind carpet in the bedrooms anyway.
I think there are many variables: age and condition of carpet, animals, if you plan on selling right away and what other houses in your neighborhood have in general (for example if most houses have hardwood in your neighborhood it would be an expectation of buyers).
0 votes Thank Flag Link Sun May 30, 2010
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