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04-23-2021 , 03:15 PM
Quote:
Originally Posted by MeLoveYouLongTime
Everything was done for mass appeal and a little of what I liked. The plan for this house was always to do the work myself and turn a profit. If it sells for listing, gross profit after relators fees and what I put into it will be 18%.

Here are the kitchen and bathrooms. Does this look mass appealy?
I have to paint that vanity....you can see the slime my kid splattered in the pic ugh
those kitchen cabinets are not refinished by 2021 standards, nor are they 'mass appeal'

they should be painted white or some color because they appear to be basic oak front cabinets.

hardware looks dated

floors look dated.

like others said, blue wall is ok for some, but a lot of people are going to see a darker(ish) wall and just automatically want to paint it.

bathrooms generally look fine though. assuming not hardwood and is actually a LVP?
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04-23-2021 , 03:17 PM
Quote:
Originally Posted by Didace
MLYLT,


Don't paint anything without talking to your agent first
yeah, i would agree because in this market it doesnt matter. just sell it.
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04-23-2021 , 03:36 PM
Pretty cool concept Razor. I've definitely seen a trend towards this sort of concept especially in the city.

One concept I saw recently each home revolved around a private yard but that yard, while technically fenced in was completely viewable by the neighbors completely open yard. I guess it is so you can have neighbor interaction like in that show Home Improvement where Tim was always talking to his neighbor in the backyard, but in this case you can see your neighbors entire face and body. Seemed kinda creepy because the homes were completely open with big glass windows. I would prefer your concept (especially because you can interact with many neighbors, rather than being stuck interacting with one or two neighbors you may not like).

The concept wouldn't work for me though because I have guard dogs that would bark at anyone walking by. Btw, is there a dog park? If not then I'd imagine dogs would be the biggest problem. Dogs barking, dogs crapping, dogs harassing, etc. Dog owners tend to be the nut low. After that I'd be concerned about noise from the park but potentially it's a non-issue.

Also seen some developments with cool community amenities. One development I saw the houses are all built on top of one another with no greenery and most have no view but the community has a park area built on a cliff overlooking downtown. Another community was just announced which will revolve around a yet to be built lagoon. That could potentially be pretty cool considering its location is quite close to the urban core.
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04-23-2021 , 03:40 PM
If you can paint it in a night then tell your agent and just do it. Homes are selling like crazy but even still there are some homes that stay on the market too long (except in the Austin market. You could take a big dump in the middle of the living room there and then get 20 offers).
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04-23-2021 , 04:07 PM
MYLYT's bathroom flooring reminded me of this place.

Apparently, there was a boom when it was built and Richmond was throwing them up as fast as they could. (Not the original buyer, getting this from the neighbor who is an original).

If you wanted anything other than plain beige carpet (even in the bathrooms), they asked some exorbitant price.

The original buyers didn't do anything about it in their ~3.5 years here. It didn't last long when I bought the place.

I can't imagine how putting something absorbent on the floor where all the water is, is up to code. That's how they were all built, I'm told. (It's a generic suburban area).
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04-23-2021 , 04:29 PM
Quote:
Originally Posted by pwnsall
Kitchen looks meh to me. Bathrooms look good.
Quote:
Originally Posted by Didace
Kitchen cabinets and flooring are dated. I might like the dark blue paint but it isn't for everyone. The light over the sink belongs in a disco or a brothel.
I agree with these, but I wouldn't bother to do anything at this point in the process except some good cleaning and touch-up cabinet painting unless your Realtor recommends it and can justify the cost/effort to you. Most buyers will want to make any big changes themselves at a time of their choosing.
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04-23-2021 , 04:38 PM
Quote:
Originally Posted by golddog
MYLYT's bathroom flooring reminded me of this place.

Apparently, there was a boom when it was built and Richmond was throwing them up as fast as they could. (Not the original buyer, getting this from the neighbor who is an original).

If you wanted anything other than plain beige carpet (even in the bathrooms), they asked some exorbitant price.

The original buyers didn't do anything about it in their ~3.5 years here. It didn't last long when I bought the place.

I can't imagine how putting something absorbent on the floor where all the water is, is up to code. That's how they were all built, I'm told. (It's a generic suburban area).
I remember the style was to run shag carpet in the bathroom and even up the sides of the bathtub.



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04-23-2021 , 05:13 PM
Quote:
Originally Posted by razorbacker
Does anyone have any experience with communal living? We are currently leasing a house that shares a front greenspace. All houses are in a U and face each other with a shared greenspace in the middle and a small patch of grass behind the house. They have just started phase 2 and then will add a 3rd phase in a year or two. This type of community may be common elsewhere but it is the first of its kind in Arkansas so it seems like there could be a lot of risk.

Pros: You are in the middle of everything in a high growth part of the city. No yardwork. It's across from the medical college and it makes me feel young. Everything is walkable in the area and there will be a big park built in the middle with restaurants, bars, amphitheater, etc.

Cons: Houses are right on top of each other, new concept that could fail, overpriced, very limited design options on exterior but we are fine with the look.

So far I enjoy it and we are two years into a seven year plan so everything should just get better. I'm used to having some space (previous home was on .75 acres) but I also hate yardwork. If anyone has any experience with this type of living I'd like to know the good, bad and ugly.
Never seen this but the videos you posted help understand it a bit better. To be honest, it looks like something I would hate. Personally, I prefer having my own house with enough space between my neighbors to give me peace and privacy.

This looks like the type of living situation for someone who likes the social aspects of apartment/condo living but wants just a touch more privacy by not having common walls with anyone. Almost like a transition from apartment to house living.

Again, not my cup of tea but I suppose it could be alluring to some.
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04-23-2021 , 05:30 PM
Quote:
Originally Posted by Didace
Also, to me a pool is a negative. Others may differ.
they are very polarizing, some people only want to buy a place with a pool, others avoid it at all cost so everyone's mileage varies

but i also think the idea of it lowering property value is more rooted as an arbitrary excuse given to kids over why they aren't getting a pool
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04-23-2021 , 05:35 PM
Quote:
Originally Posted by razorbacker
Does anyone have any experience with communal living?
it's entirely neighbor dependent but i don't think you'd get douchey people wanting to live in a situation like that

definitely trending this way, my brother designs mansions now but he started out designing housing complexes that shared communal space indoors

like there'd be your own private kitchen and dining room, and then a much bigger one for all the residents to use together, idea is they could all get together on fridays and cook and together if they wanted
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04-23-2021 , 05:41 PM
Quote:
Originally Posted by rickroll
they are very polarizing, some people only want to buy a place with a pool, others avoid it at all cost so everyone's mileage varies

but i also think the idea of it lowering property value is more rooted as an arbitrary excuse given to kids over why they aren't getting a pool
It’s very hot where I live and most people have or want to have a pool. The expense is crazy but the relief in summer is worth it. If I lived somewhere milder/colder I would be much less inclined to have one.
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04-23-2021 , 05:56 PM
It's hot as hell in Texas and I would guess more people than not would prefer a pool here.

The floors are non absorbent fake plastic wood. I was trying to match the laminate wood that is in the living+hall areas cheaply. The bathroom floors were awful before. I got a quote for $12k to replace the flooring throughout the house with the tile that looks like harwood, which is really popular here, and figured I wouldn't get my money back.
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04-23-2021 , 06:14 PM
Having a pool is great in Texas. I can't imagine living without one now. It's probably about 50/50 as to whether a buyer would want (or be ok with) a pool, so it can cut the # of prospective buyers in half but the price of the home will not suffer. You may even get a slight premium over the same house without a pool. Nobody gets the full cost of the pool back, but that's great for buyers looking for a house with a pool.
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04-23-2021 , 07:09 PM
the communal thing looks like a HOA nightmare on steroids.

hard pass
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04-23-2021 , 07:41 PM
Quote:
Originally Posted by #Thinman
the communal thing looks like a HOA nightmare on steroids.

hard pass
Same.

I don't want anybody living that close to me. Fences may make good neighbors, but distance is even better.
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04-23-2021 , 07:59 PM
Quote:
Originally Posted by Eeyorefora
I remember the style was to run shag carpet in the bathroom and even up the sides of the bathtub.



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that pigeon coop place my parents bought was wall to wall shag carpet, even in the bathrooms and kitchen

removing it from the kitchen floor was a nightmare, decades of grease and whatever the heck fell on the floor had fuzed that thing solid to the floorpanels and had to chisel it off
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04-23-2021 , 08:06 PM
Would the communal living encourage or discourage loud raucous parties? There is very little space between my house and my neighbors' houses but with the way the houses were built I never hear my neighbors and hardly even see them. If they were to throw parties outside with music it would be super annoying though. Fortunately they don't, they are all super quiet and don't even have dogs.

However, in the past month now some rich frat kids moved into the house behind mine and twice I could smell weed in my backyard and one night they had a party (get together) outside that was loud and obnoxious but they brought it inside at 10pm.

So yeah, depending on your neighbors, being so close could be a huge negative but I feel like douches are going to be less douchey with things like music if they are out in the open where all the neighbors walk right by them rather than if they were partying behind an 8ft wood fence.
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04-23-2021 , 09:33 PM
Quote:
Originally Posted by Dream Crusher
Would the communal living encourage or discourage loud raucous parties? There is very little space between my house and my neighbors' houses but with the way the houses were built I never hear my neighbors and hardly even see them. If they were to throw parties outside with music it would be super annoying though. Fortunately they don't, they are all super quiet and don't even have dogs.

However, in the past month now some rich frat kids moved into the house behind mine and twice I could smell weed in my backyard and one night they had a party (get together) outside that was loud and obnoxious but they brought it inside at 10pm.

So yeah, depending on your neighbors, being so close could be a huge negative but I feel like douches are going to be less douchey with things like music if they are out in the open where all the neighbors walk right by them rather than if they were partying behind an 8ft wood fence.
I think it’d be a numbers game. If four units share one communal space and most or them are quiet families, I don’t think the loud parties would be as frequent. If you get two or more filled with rich frat kids, it’ll be all douchebags on deck! Douche ahoy! Douchezilla! Etc.
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04-23-2021 , 11:35 PM
Quote:
Originally Posted by Dr. Meh
I think it’d be a numbers game. If four units share one communal space and most or them are quiet families, I don’t think the loud parties would be as frequent. If you get two or more filled with rich frat kids, it’ll be all douchebags on deck! Douche ahoy! Douchezilla! Etc.
For DC that might be a positive.

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04-24-2021 , 12:25 AM
Tomorrow one of the potential buyers wants their contractor to come view the house to give them an estimate of what it would cost to make the changes they want. This potential buyer has not made an offer. Is this a normal request?
It seems like they are going to take his number and subtract it from the listing price or any offer they were going to make.
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04-24-2021 , 08:00 AM
Quote:
Originally Posted by MeLoveYouLongTime
Tomorrow one of the potential buyers wants their contractor to come view the house to give them an estimate of what it would cost to make the changes they want. This potential buyer has not made an offer. Is this a normal request?
It seems like they are going to take his number and subtract it from the listing price or any offer they were going to make.

Are you really having that much of a problem selling that you need to deal with this?

Where is your realtor on all this? What do they think the price should be? Have you calc’ed the comps yourself to see if you agree?

And I wouldnt just accept your list price - their upgrade price. Labor costs are basically non-recoupable when you update/upgrade stuff, so they don’t get to recoup it either. What you’re selling appears in working order. their upgrades, their problems
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04-24-2021 , 09:45 AM
Not having a problem selling and I don't want to leave my house for an extra hour today while a contractor comes him. My realtor set it up.

I told the realtor what I wanted to list the price at after I did some research on some comps, he suggested we list it about $3k above what I wanted for some negotiation wiggle room.

The house has been listed for two full days now. Got an offer last night for 6.8% below listing price and the people that offered full listing but hadn't seen the house or produced financing proof at the time of the offer are coming to see the house today.
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04-24-2021 , 09:51 AM
Yeah, I mean, I wouldn't change anything about your house. The paint is sunk labor, as the buyers are just as likely to like your color accent or dislike your neutral replacement as they are to like it. Only the least sophisticated buyers pay any attention to color other than "I need to plan to re-paint that room before I put any furniture in." The cabinet's are fine, if not to some folks taste. But others will cry that you covered up beautiful wood with paint if you paint them. The only thing really likely to be an issue is also one that you can't easily change--the kitchen tile.

As for the contractor games, I'd have your realtor tell them that they can have a couple of hours of a "second showing" with a contractor along, but to be aware that y'all priced the house based on its current look and you're already getting offers, so if they think they're going to get a major discount based on their contractor's estimate, they're wrong. Remodels are not repairs.

ETA: In this current market, I wouldn't even consider a 6.8% below asking offer in the first week. I'd leave it as long as possible before countering, so that you have the leverage of multiple offers if possible, but I wouldn't start a serious negotiation based on it.

Last edited by Garick; 04-24-2021 at 09:53 AM. Reason: more info came in as I was typing
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04-24-2021 , 10:20 AM
When we bought our current home we asked for some minor upgrades, the owners said nope, as is, we are not putting any more money into it. Given the current market, you should maybe do the same.
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04-24-2021 , 10:27 AM
:Thumb:

Garick,

I'm in the "how dare you paint over beautiful wood" club, do not believe painting cabinets should be considered refinishing them, and think painting them looks cheaper than not. The painted cabinet trend looks nice and clean, but nothing is better than beautiful wood grains.
I also love wood trim and the craftsman style.
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