Posted by michaela on July 17, 2002 at 07:32:11:
think ‘kbc’ - kitchen, bathroom, closets. those i would put emphasis on first. if you have a straight couple, then it’s usually the woman that buys the house and the man does the financing. i know, i know this doesn’t go for everyone, but usually, if the woman loves the house and it’s structually sound and they can afford it, they will buy it. if the woman doesn’t like the house, they won’t buy it, no matter how much the man likes it.
so, keep that in mind. kitchens don’t have to be expensive. if you can, time your next visit with the local rei club’s meeting and ask other investors for contacts on where they buy their kitchens. or call some of the ‘i buy houses’ ads in the philly paper and ask them. then set up some appointments with some of those kitchen designers. usualyy they have a pretty good eye for design, so you may want to casually ask them what else they would do with the house. they also usually have bathroom cabinets, so you can get help with that as well. people love to have walk-in closets, so see, if you can somehow make one or 2.
i don’t know the philadephia market and the style of house, that you have. i’ve done mainly old victorian homes. one of the mistakes i keep seeing investors make, that renovate a home in my neighborhood, they go with the good ol’ ‘everything neutral’ rule and paint walls all the same off-white or taupe or whatever works in the suburbs, and then the house sits. my theory is, people, that look in my neighborhood, are hoping to get a beautiful victorian, that means, they’re looking consciously or subconsciously for drama. high ceilings, hardwood floors, fireplaces, trim. but that also means color, that contrasts the trim. so, if your home is like that, don’t necessarily follow those standard renovation rules to do everything neutral. ‘character’ is very, very important in those old homes. you want people to walk in and say ‘wow’ and know, that they would not find another house like this.
if it was here in atlanta, i’d come by and give you my take.
good luck! sounds like a wonderful project