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yes I agree this could be worth it. I did the same when I sold my two-houses ago house. Emptied, cleaned within an inch of it's life, painted and put in new neutral carpet. No other upgrades even though many other units had updated baths and kitchen.
What kind of flooring has been in the other units that have sold? If they have hard flooring, I'd go with wood look laminate, if they have carpet you can go with that. Price to buy and install either of those shouldn't vary by all that much anyway.
I agree with others. Clean real good, get rid of most everything except for the basics. Clutter has to leave. You have a part of the market that wants to buy something that they can redo and make their own. Kind of as a sort of blank slate. Flippers will also want a peak. First time buyers may want to check it out as well.
Do not have them spend money they do not have and go into debt to finance this. Chances are the changes they make might not be what the future buyers will want.
I think once we've emptied and cleaned everything and tried cleaning the carpet, we will decide whether replacing it with a new neutral one makes sense. I think it would definitely give it that new-house feeling although it's a lot of carpet including bathrooms and stairs.
I think once we've emptied and cleaned everything and tried cleaning the carpet, we will decide whether replacing it with a new neutral one makes sense. I think it would definitely give it that new-house feeling although it's a lot of carpet including bathrooms and stairs.
I wouldn't even bother with replacing the carpet. If the entire house is dated, someone is going to come in and do major renovations which will likely mean new flooring. It's like putting lipstick on a pig. I don't see it netting a return on the investment.
Just price the house accordingly.
However, if you replace the carpet, absolutely do not put carpet in the bathrooms.
I wouldn't even bother with replacing the carpet. If the entire house is dated, someone is going to come in and do major renovations which will likely mean new flooring. It's like putting lipstick on a pig. I don't see it netting a return on the investment.
Just price the house accordingly.
However, if you replace the carpet, absolutely do not put carpet in the bathrooms.
The odds of a 24 year old town house NOT having really awful (as in gross, visibly worn out /faded) carpet are about 1::1,000,000,000
It is unlikely that anyone will do major renovations of a "townhouse" as it is far more challenging to do anything even a simple as reconfiguring bedrooms /closets in a style of housing that is often done with cost-saving commercial techniques by the initial builders.
Similarly, even if this place in the HOTTEST HIPPEST area known it is unlikely that some one is going to be so design focused that they would not appreciate how much easier it is to move into a place with BRAND NEW CLEAN CARPET than to try to schedule replacement of that mess while their belonging are being moved / stored. Inexpensive carpet should not take a big bite out of the OP parent's projected net equity and it DRAMATICALLY eases the sale for the majority of potential buyers.
I wouldn't even bother with replacing the carpet. If the entire house is dated, someone is going to come in and do major renovations which will likely mean new flooring. It's like putting lipstick on a pig. I don't see it netting a return on the investment.
Just price the house accordingly.
However, if you replace the carpet, absolutely do not put carpet in the bathrooms.
Good point! I think carpeted bathrooms are gross. Makes it simpler for us.
I just saw a similar 3BR in the same complex asking $497k but they had replaced all carpet with laminate and tile floors and an upgraded fireplace. Our wildcard is the yard size and corner location. In the pre-2007 bubble peak his place was at about $540k so it's not bad all things considered.
Second thoughts: Carpet question remains up in the air but we'll see what the realtor says.
Last edited by mrwumpus; 05-04-2016 at 12:52 PM..
Reason: further thoughts
Isn't OC a pretty hot market? Sell as is and let the new owners upgrade it to their own tastes.
Yes it is but another wild card here is they're building another 900 homes 1/2 mile down the hill on formerly pretty open space, which still has another year to go and it's ugly and crowded around the constructions. Current residents are fuming because they already all have traffic and parking issues (not to mention school crowding) so I wonder what that will do to values.
I think once we've emptied and cleaned everything and tried cleaning the carpet, we will decide whether replacing it with a new neutral one makes sense. I think it would definitely give it that new-house feeling although it's a lot of carpet including bathrooms and stairs.
We bought a house that was hopelessly outdated, but in a buyer's market. We got a tremendous deal and gutted the flooring, including the carpet in the bathroom, and installed tile everywhere. But, that was in a buyer's market. In OC, I would sell as is.
One of my sisters and her husband bought a 1970s era Condo back in 2005. They ended up almost gutting it. They had a wall that seperated the living room and the kitchen removed to give it an open look, creating a sort of great room. they replaced the electrical and plumbing as well. No more accoustic ceiling, walls and ceiling were retextured, new doors, base board, crown molding. No carpet in their home it is all either tile, bamboo, or hard wood. Place looks amazing now. I don't know if they would have redone it to this point if they had not planned on staying there.
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It is a townhouse...
