Real Estate Beauty can be only New Floors Deep

kitchenYesterday I came across a blog post that got me thinking about something I talk about all the time with my clients, especially first time home buyers. Dear House Flipper hits the nail on the head when it comes to talking to sellers that have flipped the home.

I want to talk to the buyers that have walked through and been mesmerized by all the fancy finishings because they wanted a “move in ready” home. Remember, the beauty can be only as deep as those new wood floors you are drooling over. If the bones aren’t updated in an older house, those repairs could end up costing you more than if you were up remodel and update the home yourself. Updated kitchens and bathrooms are a definite bonus but be sure to ask about the updates you can not see.

Things that a buyer can not see, but are just as important in a home are new roof, updated electrical, new hot water heater, new ac and heater and updated plumbing. These things are not only the intricate workings of the home but can help bring the cost of your insurance down. Buyers, it is important to ask questions about these updates! On a slab home, if the old cast iron plumbing breaks, that can cost upwards of $20,000 to fix. This happens often in the Greater New Orleans Area. That is the cost of your new kitchen if you were to update one! And, a kitchen project you can spread over time, fixing the plumbing is a must when it breaks.

If you are a first time home buyer and don’t know what questions to ask about updates in a home, be sure to have a REALTOR on your side that does. Have any questions? Just ask me! You can find me a thenolagal@gmail.com or fb.com/thenolagal or @thenolagal