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Remodel & Renovate in Minnesota : Real Estate Advice

  • All221
  • Local Info8
  • Home Buying130
  • Home Selling32
  • Market Conditions1

Activity 29
Sun Apr 9, 2017
Fehn_chad asked:
I would like to make the family room bigger by taking out the 4th bedroom and possibly add a 3/4 bathroom. What will this do to the property value of the house?
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Thu Nov 24, 2016
Evan Li asked:
Recently, I hired a contractor to finish my basement which is roughly 600 sq ft in a new construction. Planned to separate 1bed, 1/2ba, mech room and an exercise area. He originally quoted…
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Tue May 12, 2015
Aimee Morice answered:
It also depends on the type of materials you use in the kitchen-- for many people, granite is worthwhile, but costs much more than laminate counter tops. Same thing as using stainless steel appliances. ... more
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Tue Mar 3, 2015
Diana Hellman answered:
That's a tough one. A 3 bedroom home is generally considered by most buyers to be an important priority when searching for a home, however buyers today also prefer a great room flow that is open with entertaining possibilities and good layout, which is what you are definitely seeking with the renovation. If you can expand beyond the footprint of the house so as not to lose the third bedroom, I would say that is the ideal. If not, speak with a local realtor to find out whether there are "empty nestors" who would like this as an alternative to condo living...It might be a great idea... ... more
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Fri Jan 23, 2015
Jessica Lowe answered:
Hi August- I see everyone else has voted to keep the 3rd bedroom. I agree. People tend to look for at least three bedrooms even if they don't need them. If you can list your home as a 3 bedroom, it will increase the visibility of the listing immensely. Home buyers will see more possibilities with a guest room, a craft room, or an office. Good luck on the renovation!! ... more
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Sat Jun 21, 2014
Sonja Zoet answered:
Hi Tim, I agree with Cheryl... It is difficult to give a straight forward answer to your question. Many home improvement projects besides straight forward interior and exterior painting do not give the ROI as expected. Since you wrote this question about 6 years ago, I wonder what you ever decided to do!
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Fri Jun 6, 2014
Holly Locken answered: Awesome high end used cabinets and some displays. Worth a look!
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Wed Nov 27, 2013
Arne Johansson answered:
You need to figure out how much per square you think your home is worth. Then you need to figure out how much per square foot your below ground square footage is worth. To get this information call me and I will do a free CMA and inspect your house and give you a rough idea.

What year was your house built, where is it located, what condition is your home in? I need to ask you some more questions to give you a realistic number. 612-423-0202
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Wed Nov 27, 2013
Arne Johansson answered:
That sounds like a nightmare. First, when did they do the work? Contractors can have up to 120 days to file a lien, but they have to provide you with a pre lien notice first otherwise they give up their legal right. Second, call a lawyer who is a bulldog, tell him your situation and pay him $500 to send them some legal letters that says if they don't back off you will sue them. It depends on how much you have paid them, but they will probably back off at that point. Call me with questions. ... more
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Sun May 19, 2013
David Hendrickson answered:
I was looking into that myself and the averages are from $115.00 -$300.00 per sq ft.
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Fri Jan 4, 2013
ackermangroup answered:
BBB Accredited Business since 02/14/2006

TJ Replacement Windows, Inc.

Phone: (952) 448-4312
Tom Gestach
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Mon Oct 29, 2012
Susan Hofflander answered:
Hi, Ty!
I would apply for the permits and find out what the inspector has to say.

And, just because there is a legitimate ceiling height factor doesn't mean you can't use spaces in your home for whatever you like. There are many 1 1/2 story homes that have upper level spaces with rather low ceiling height, but many home owners use the spaces for bedrooms or offices or whatever.

It would come in to play when you go to sell. Make sure you disclose that the those spaces might be considered "non-conforming". That usually spells it out to those who are inquiring!!

Good luck~
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Mon May 21, 2012
Christopher Block answered:
Oooh Splits are my specialty!

At the end of the day it is all about what we call "neighborhood conformity" and ensuring that the master bathroom will pull more value for the home (once I know how much it is going to cost you) versus keeping the 3rd bed upstairs. At certain price points 3beds on one level will pull a very good price, where as the lower price points (under 170k) it usually does not matter because a lot of its competition does not have this feature either. The splits will just have 2beds up and 2beds down with a full on main floor and 3/4 in basement.

So essentially it is all about the trade off in your specific market. I would need to know the property address to tell you one way or the other.

Are you taking on this project and planning on staying in the home long term or planning on moving soon? If you would like some free help just contact me through Trulia and I would be more than happy to help.
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Fri Mar 9, 2012
Elizabeth Fuller answered:
Real estate professiohals are great wells of knowledge, but please conact people who sell wood stoves or check your old physics professor about calculating BTU's and formulas related to burning wood in various sized and shaped containers. Good luck. I enjoy answering questions for people with real estate needs; I enjoy even more helping people buy and sell property for their homes, their investments. commercial and remtal needs. Think about it. If you are a wood stove expert, you probably don't have real estate credentials. Have you seen that commercial that shows the medical profesional trying to play an instrument in an orchestra
any more than you would ask a violinst to diagnose your medical condition or perform surgery. Liz 612-986-4105
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Wed Feb 8, 2012
Elizabeth Fuller answered:
Get an agent!! If you don't know one, look on this site for a person with expertise in your area. You ahould be able to find the right place quicker because your agent works for you, brings you information, examines the property and makes sure you have all the right details, will even help you get estimates for repair or remodel and probably knows the best people for that so you will have a choice of wonderful workers. Florida is one of the highest shortsale properties states. I would advise you to think carefully about your goals, your budget and how much time you have. Your agent will help you with every step. Good luck. Liz ... more
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Mon Nov 8, 2010
Susan Hofflander answered:
Hi, Kristina!
I hope I'm not too late. You would do well to read this article. This is a report that's done annually to determine how much return on investment home owners can expect to realize with the improvements they are contemplating. It's a GREAT compilation of information. See what you think:

Good luck!
... more
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Wed Sep 22, 2010
The Window Store Home Improvements, Inc. answered:
Unfortunately, unless the house is owner occupied you cannot receive a Federal Tax Energy Credit on any product.
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Wed Sep 8, 2010
Kevin Sannes answered:
To increase value depends on what has been done to your home at this point. Keeping it clean and having good curb appeal is key afterall they have to like the outside to want to go inside. Clean and de-clutter are always helpful. Sticking a bunch of money in at this point you probably won't get it back.
I would be happy to stop by and take a look. I have come up with some wonderful plans that help people move up in this market and keep some of the equity in your pocket. Call me at 507-421-7523 to set up an appointment. If the timing isn't right at least you know and maybe it will work in the spring or next year.
Byron has finally picked up a bit so if your thinking of making a change let's talk.

Kevin Sannes
Coldwell Banker
... more
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Fri Aug 27, 2010
Arne Johansson answered:
They can go back and get it inspected by the city. I would call the city and tell them the situation and see what they said. Otherwise, just complete the disclosure truthfully, if the conversation comes up with a buyer disclose it, and move on. Good luck bro. ... more
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