Dan, Both Buyer and Seller in Haddon Heights, NJ

I just purchased land in Va. Now I am planning to sell my house in Haddon Heights, NJ.

Asked by Dan, Haddon Heights, NJ Wed Mar 11, 2009

My father-in-law currently lives in 1/2 the house which is a disaster. The bathroom floor and shower walls need to be replaced. Would it pay to redo his bathroom? Or sell as is? Also, the whole 1st floor has hardwood floors that need to be refinished, Would it be cheaper to refinish or cover over with a laminate? Which would sell better?

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Answers

8
I would advise refinishing the hadrwood floors. Laminate is not in fashion now. I would like to be able to see the condition of the home to give advise on the bathroom. There are many factors which come into play when selling a home. I could give your father-in-law many helpfu ltips if he decides to market his home. One of my listings is at 400 4th. Ave. in Haddon Heights.
Call me at 856-341-6736 for a free market analysis.
Regards,
Kathy Koulouris
0 votes Thank Flag Link Tue Mar 30, 2010
Hi Dan,

I had a listing very similar to this and I advised the homeowner to remodel the bathroom and refinish the hardwood floors. When pricing the house for sale, we didn't have to compromise on the asking price because of the repairs needed to the bathroom and the condition of the floors. When the house sold, we got the full asking price.

If you have any other questions I would be happy to help you. My office is located right on the White Horse Pike in Haddon Heights.

Maria Shaw
Coldwell Banker Elite, Realtors
408 White Horse Pike
Haddon Heights, NJ 08035
(856) 547-4900
Web Reference: http://www.cbelitenj.com
0 votes Thank Flag Link Tue Jan 26, 2010
Hi Dan
I also live in HH (currently on Prospect Ridge and used to live on Sycamore)
I would definetely encourage you to redo the floors. I had mine done a few years ago, I think I paid around $1,400 for 3 rooms and a flight of stairs.

If you need any assistance, I'm in the moving business and during the slow season, I work with a handyman renovating homes in the area.

You can see some samples projects that we have worked on...cut and past the attached link...
http://soundrelo.com/serviceproviders/homerepairmaintenance.html

Mike
http://www.SoundRelo.com
856-656-0543
Web Reference: http://www.soundrelo.com
0 votes Thank Flag Link Thu Apr 16, 2009
Hi Dan,

I live in the area and my my daughter goes to Haddon Heigts. There's alot of factors to consider when determining whether to do repairs or not. As a guideline remember that a potential buyer will actually estimate a much higher costs than what an actual repair may be. For instance it may literally costs about $2k parts and labor to redo a bathroom. However a buyer may look at it and say $8k. In addition the emotional effect that one will have based on the condition on the overall condition of the home. This ultimately lower your bottom line. You may or may not care about that depending on your motivation and funds needed. Buyers today already in their mind that they should be getting a steal. If your home need repairs then buyers will low ball you even more.

As a side point housing in Haddon Heights are known for having character. Most local folks like the community lifestyle, parks and local shops. Homes that has been updated but still have that old charm appeals to many. Frankly I will have to tour your home in order to tell you specificially what you should and should not do. I will strongly discourage putting down laminate floors. They feel and look cheap. I personally hate that spongy feeling you get when you step on them. As far as costs you'll likely find refinishing the existing floors to be the same or less. I have a strong marketing plan. Call me if you will like more information.

Best Regards,

Jeremy S. Hill, Realtor Associate
Keller Williams Realty http://www.SouthNewJerseyHomes.com
Cherry Hill, NJ 08003
Office: 856.685.1651
Direct: 609.876.5817
Fax: 609.482.8235
Licensed PA, NJ
"Your Interest 1st Always"
0 votes Thank Flag Link Wed Mar 11, 2009
It is probably better to try and at least make it inhabitable and mortgageable.

Since Haddonfield is a good area and has held its value pretty well, there are buyers that would want things to their own tastes.

If you need recomendations for agents, please contact me.
Web Reference: http://fredglick.com
0 votes Thank Flag Link Wed Mar 11, 2009
Hi Dan,

You've got lots of options and different Realtors will approach the project differently.

If you want to sell quickly sell it "as is" . If you're trying to squeeze as much as possible from the sale: Fix the bathroom and refinish the floors. There's too much competition in the market place to ignore projects that can bring you a better return if they're completed. You'll save time and money in the long run by doing it right the first time.

There's alot of information that's not included: Are you selling both sides or just one?? What's the status of the mortgage? Who lives in the other half?

I can be the best help by actually seeing the property (this is true of anyone on this forum) so I can give you more complete advice.

Sincerely,
Marilyn Geiger
Full time Accredited Consultant of Real Estate
609-238-0465
0 votes Thank Flag Link Wed Mar 11, 2009
I use a guy that is good and reasonable for my listing's repairs. does it all termite repair and treatments plus construction work of any sort . there are other ways of getting the work done which most homeowners don;t turn to...
It would greatly depend on how much work is needed.

Call me

609-868-1171
Larry Sarlo
Weichert Realtors - Turnersville
0 votes Thank Flag Link Wed Mar 11, 2009
I would suggest getting some estimates for the bathroom work. In my experience a bathroom that needs work can be a deal killer. To get top dollar, you should do all the work required. That said, I would recommend consulting several local agents to ge their opinions.

Laura Giannotta
Keller Williams Atlantic Shore
0 votes Thank Flag Link Wed Mar 11, 2009
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