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My wife and I are in the process of getting our home ready to be rented. The kitchen is a dated and I thought it would be nice to give it a little face lift. I looked into cabinetry refacing, but found the cost to be a bit prohibited for us. I was quoted at approximately $10,000. I'm wondering if it would be cheaper to have a company come out and do some staining and replace a couple of drawers. Does anyone know if that would be a cheaper way to go then refacing?
My wife and I are in the process of getting our home ready to be rented.
The kitchen...touch-up... I was quoted at approximately $10,000.
That doesn't bode well regarding condition of the rest of the house.
Is that rental market upscale enough to warrant real work?
Or (as is usually the case) might you be better off to sell the house and do something else?
Even if you're bound and determined to be a landlord... to do that with a property better suited to it?
House in Cali?
Proposed Monthly rent?/ for what? (#bedrms, baths, etc.)
Now, independently think on this-
If the house is in livable, workable condition do you think the rental potential will be diminished that much with a dated kitchen?
Here in the ATL you could buy a whole new kitchen for practically $10k.
Just fix what's broken. Make sure everything is in good working order; if you want to "spruce it up" as previously mentioned- hardware, backsplash, paint, etc.- call it a day! Besides, most people who are renting aren't concerned about appearance- they just want a roof over their head.
And most probably don't even care about "your investment"- so don't spend a lot of money. It won't be taken care of like you would take care of it.
By cabinet refacing do you mean adding some new veneers? I agree that at that price point it doesn't sound like a good idea for a rental. Have you considered painting them instead? I would think painting would be significantly cheaper but still give it an updated look. I also agree that pictures would be nice so you can get more specific feedback.
Hmmm...can't seem to get the picture to load from my phone ( I'll have to try and do it on my computer when I get back to my laptop). Thanks for the comments. I think it may be more of a matter of just replacing out drawers then going the higher-priced route. The rental will probably go between $3,500 and $4,000. And no, we have no intentions of selling. This home will probably be worth two million dollars 20 years from now. In addition, if we don't like where we moved to, this gives us the option to be able to return. Most people don't usually get back into this market when they sell (prices are way too expensive and have continuously gone up)
Last edited by Independentthinking; 08-04-2017 at 06:33 PM..
Most people don't usually get back into this market when they sell
..if we don't like where we moved to, this gives us the option to be able to return.
So the plan is to try to manage a rental from some distance away?
Quote:
This home will probably be worth two million dollars 20 years from now.
Not to beat a dead horse, but...
if the plan was a short term job transfer situation before returning in 2-3 years... well, okay.
But with a 20 year timeline before a possible return? Turn a very jaundiced eye on the cost/return calculations
you have and then think very hard about other places and other ways to utilize what equity you have there.
So the plan is to try to manage a rental from some distance away?
Not the OP's question. OP is interested in ideas about kitchen update and hasn't asked for anyone to change the topic of the thread.
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