Home Buying in Chamblee>Question Details

Jennifer Lyn…, Home Buyer in Atlanta, GA

how do you determine the value of house amentities like hardwood floors, appliances, etc. for a good deal?

Asked by Jennifer Lynne Sproul, Atlanta, GA Sat May 2, 2009

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If you are a seller in Chamblee Georgia you should pull up any carpet covering hardwood floors and spend about $800.00 (and higher for larger homes) to have the floors sanded down and refinished. This will greatly increase the marketability of your home. Buyers are loving the fresh clean look of refinished hardwood floors.

If you are a potential buyer of a home in Chamblee Georgia, look and see if there are hardwood floors under the carpet. If the carpet is old and beat up, you might ask the seller for a price concession to reflect the poor condition of the floor coverings. Ten after you make the purchase, pull up those ratty old carpets, have the floors refinished and enjoy those hardwood floors. You have found a diamond in the rough.

Appliances are similar. If you are looking to buy a home that has old outdated appliances, ask for a price concession. Then replace the old appliances with new ones from Brand Smart or Appliance Depot.
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2 votes Thank Flag Link Fri Dec 2, 2011
Jennifer,

This is a great question! As a realtor I deal with this every time I list a home.

There is not a line item figure for each upgrade, but the best way to determine this is by comparing the comps. for other homes in that general area. Hardwood floors obviously are more valuable than carpet. If one home has hardwoods and the other has carpet for the same price then choose the home with hardwoods. All homes are different and may have other features that offset each other such as lot size, SQ. Ft., Counter-tops, Molding, siding, etc.

It's a fine line when it comes to these options and value is usually determined by the buyers preferences. Compromise is the key because it's usually difficult to find a home that has all the key elements rolled into one.
1 vote Thank Flag Link Sat May 2, 2009
Depending on the age of the home and upgrades, some times old hardwood floors need restoring especially if they are under carpet for a period of time. You've seen different homes, go with what you instinctively feel is the best deal.
0 votes Thank Flag Link Mon Aug 23, 2010
Each house is unique. A house with all hardwood floors and new appliances that also has potential serious physical issues might not be as good as the home that needs carpet replaced and new appliances however is in great physical condition. It is best to work with a great agent that really understands your needs and wants and also knows the value of homes. Did I say work with a great agent? I meant to say work with me.

Good luck.
0 votes Thank Flag Link Mon Aug 23, 2010
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