Should we remodel our kitchen for South Side flats buyers?

Asked by LH, 15226 Fri Jan 29, 2010

We have a two-bedroom house with a 1950s kitchen. Are the kind of buyers in this area more inclined to want an updated kitchen from the get-go or would they want to remodel it to their own tastes? In other words, is it worth our investment to re-do the kitchen in a tasteful but not high-end way (we can do our own labor). I don't think we're inclined to put in granite countertops and stainless appliances. Thanks.

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Keith Sorem’s answer
Keith Sorem, Agent, Glendale, CA
Fri Jan 29, 2010
A couple of suggestions:
1. Go to some properties for sale in your area during their open house, pick homes comparable to yours and see what they have to offer.

2. Ask a Realtor in the area with whom you would consider listing your home to come over and evaluate your home. My favorite story is a client who invested $6,000 upgrading the master bath, which looked GREAT, but had no money left over to replace the carpet, paint, and update the kitchen.

A neighborhood expert will be able to advise you on what makes the best use of your time and money.
Warning! Over-improving a property is a common error, so unless you love the property, don't over do it.
0 votes
Brian McMurr…, Agent, Tawas City, MI
Fri Jan 29, 2010
It's unlikely you'd get all/most of your money back on the Sale. It may make it more desirable
to a buyer than the competition and make yours the property the buyer likes most. With that
you may have a higher probability of a sale. You may be better off not putting liquid cash into
improvement and reducing the price to make it more competitive that way.
0 votes
Kat Barry, , Pittsburgh, PA
Fri Jan 29, 2010
I would never suggest undertaking a major remodeling project just to sell. You're better off doing something simple like changing out dated appliances but that's about it.
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