Comments on: Renovations That Can Hurt the Value of Your Home http://www.fivecentnickel.com/2007/04/19/renovations-that-can-hurt-the-value-of-your-home/ personal finance tips, tricks, and commentary Mon, 13 Feb 2012 18:22:18 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Danielle http://www.fivecentnickel.com/2007/04/19/renovations-that-can-hurt-the-value-of-your-home/comment-page-1/#comment-118621 Danielle Fri, 11 Jul 2008 21:58:45 +0000 http://www.fivecentnickel.com/2007/04/19/renovations-that-can-hurt-the-value-of-your-home/#comment-118621 My husband pointed out his hatred of the large circular bath after walking through a friends new home this week. I never thought about it being a negative before! He pointed out that the tubs are many more gallons than the typical water heater. I pointed out that we could install an on demand water heater. He pointed out that it would be hard to clean. I said It would be cleaned by me each time before I used it. He pointed out that he would NEVER use it. I indicated that I would use it at least once a month. I think its a toss up. Definitely any tub that is wider/longer than the standard would be appealing to me. I have a couple of other things that I am curious what you guys thing... increase value, decrease value or no change? HOT TUB - Anyone think that attracts or detracts from home value? It requires maintenance like a pool (on a smaller scale) and has the same "how often would I use it" factor. ORANGE PAINT - In a spare bedroom. No not sunshine or tangerine orange... My husband pointed out his hatred of the large circular bath after walking through a friends new home this week. I never thought about it being a negative before!

He pointed out that the tubs are many more gallons than the typical water heater. I pointed out that we could install an on demand water heater.

He pointed out that it would be hard to clean. I said It would be cleaned by me each time before I used it.

He pointed out that he would NEVER use it. I indicated that I would use it at least once a month.

I think its a toss up. Definitely any tub that is wider/longer than the standard would be appealing to me.

I have a couple of other things that I am curious what you guys thing… increase value, decrease value or no change?

HOT TUB – Anyone think that attracts or detracts from home value? It requires maintenance like a pool (on a smaller scale) and has the same “how often would I use it” factor.

ORANGE PAINT – In a spare bedroom. No not sunshine or tangerine orange…

]]> By: wes m http://www.fivecentnickel.com/2007/04/19/renovations-that-can-hurt-the-value-of-your-home/comment-page-1/#comment-75418 wes m Mon, 23 Apr 2007 02:04:30 +0000 http://www.fivecentnickel.com/2007/04/19/renovations-that-can-hurt-the-value-of-your-home/#comment-75418 I love my pool, and specifically looked for a house with one. It's an older pool that needs some maintenance (concrete deck needs repouring and some plaster/tile work), but I got it for no more than other houses in my neighborhood (without a pool) cost. Safety's not been a big issue, and my only main expense is the electricity (get a timer), water (not much you can do except hope for rain) and chemicals ($45/month for a service to keep all that in check). Plus, in Texas, it rocks to have one with a rather long swimming season. I love my pool, and specifically looked for a house with one. It’s an older pool that needs some maintenance (concrete deck needs repouring and some plaster/tile work), but I got it for no more than other houses in my neighborhood (without a pool) cost. Safety’s not been a big issue, and my only main expense is the electricity (get a timer), water (not much you can do except hope for rain) and chemicals ($45/month for a service to keep all that in check). Plus, in Texas, it rocks to have one with a rather long swimming season.

]]> By: dimes http://www.fivecentnickel.com/2007/04/19/renovations-that-can-hurt-the-value-of-your-home/comment-page-1/#comment-75416 dimes Sun, 22 Apr 2007 22:15:33 +0000 http://www.fivecentnickel.com/2007/04/19/renovations-that-can-hurt-the-value-of-your-home/#comment-75416 4- my in-laws have one, and I would never have my children over to stay with them. It's too big for anyone who isn't at least four feet tall, it's the only tub they've got, it takes a long time to fill and (worst of all) they RE-USE the bathwater because they're afraid using the tub too frequently will stress their septic tank! Also they've had maintenance issues from debris getting clogged in the jets. 4- my in-laws have one, and I would never have my children over to stay with them. It’s too big for anyone who isn’t at least four feet tall, it’s the only tub they’ve got, it takes a long time to fill and (worst of all) they RE-USE the bathwater because they’re afraid using the tub too frequently will stress their septic tank!
Also they’ve had maintenance issues from debris getting clogged in the jets.

]]> By: zen http://www.fivecentnickel.com/2007/04/19/renovations-that-can-hurt-the-value-of-your-home/comment-page-1/#comment-72319 zen Fri, 20 Apr 2007 12:20:00 +0000 http://www.fivecentnickel.com/2007/04/19/renovations-that-can-hurt-the-value-of-your-home/#comment-72319 I agree with the pool, and keeping the "styling" of the neighborhood (my art history teacher drove *that* into my head), but the bath tub? I wouldn't have imagined a problem until I read Tinyhands's comment. Now I just don't know! I agree with the pool, and keeping the “styling” of the neighborhood (my art history teacher drove *that* into my head), but the bath tub?

I wouldn’t have imagined a problem until I read Tinyhands’s comment. Now I just don’t know!

]]> By: plonkee http://www.fivecentnickel.com/2007/04/19/renovations-that-can-hurt-the-value-of-your-home/comment-page-1/#comment-72245 plonkee Fri, 20 Apr 2007 07:57:53 +0000 http://www.fivecentnickel.com/2007/04/19/renovations-that-can-hurt-the-value-of-your-home/#comment-72245 I would hate the bath and would be knocking the cost of having it removed from the price. I would hate the bath and would be knocking the cost of having it removed from the price.

]]> By: broknowrchlatr http://www.fivecentnickel.com/2007/04/19/renovations-that-can-hurt-the-value-of-your-home/comment-page-1/#comment-72212 broknowrchlatr Thu, 19 Apr 2007 23:27:18 +0000 http://www.fivecentnickel.com/2007/04/19/renovations-that-can-hurt-the-value-of-your-home/#comment-72212 Some people are turned off by the circular tubs because of the size. Some of the larger ones take a long time to fill up and use a lot of hot water. Also if it is not the kind that pushes heated air into the water, they can cool down a lot. Nice for a B&B, but soemtimes not for a home. If seen a couple shows on HGTV where peopel moved into a house and replaces expensive whirlpool tubs with a basic one. I wouldn't do it, but some would. Some people are turned off by the circular tubs because of the size. Some of the larger ones take a long time to fill up and use a lot of hot water. Also if it is not the kind that pushes heated air into the water, they can cool down a lot. Nice for a B&B, but soemtimes not for a home.

If seen a couple shows on HGTV where peopel moved into a house and replaces expensive whirlpool tubs with a basic one. I wouldn’t do it, but some would.

]]> By: Tinyhands http://www.fivecentnickel.com/2007/04/19/renovations-that-can-hurt-the-value-of-your-home/comment-page-1/#comment-72185 Tinyhands Thu, 19 Apr 2007 18:44:22 +0000 http://www.fivecentnickel.com/2007/04/19/renovations-that-can-hurt-the-value-of-your-home/#comment-72185 <i>(4) Circular bath with massaging jets.</i> There are some people you just don't want to imagine lounging in the tub before you buy it. (4) Circular bath with massaging jets.
There are some people you just don’t want to imagine lounging in the tub before you buy it.

]]> By: Karen http://www.fivecentnickel.com/2007/04/19/renovations-that-can-hurt-the-value-of-your-home/comment-page-1/#comment-72174 Karen Thu, 19 Apr 2007 17:12:28 +0000 http://www.fivecentnickel.com/2007/04/19/renovations-that-can-hurt-the-value-of-your-home/#comment-72174 We moved into a house that had an existing pool. Other than the pool, the house and location were perfect for us. The pool really is not that much maintenance, and my kids are older, so I don't worry about safety as much. Here in Ohio though, the worst part is we open it mid-May and close it mid-September. Not a very long season at all. I do worry about resale. This home was on the market for 6 months before we bought it and I wonder if part of that was the pool issue. ??? We moved into a house that had an existing pool. Other than the pool, the house and location were perfect for us. The pool really is not that much maintenance, and my kids are older, so I don’t worry about safety as much. Here in Ohio though, the worst part is we open it mid-May and close it mid-September. Not a very long season at all.

I do worry about resale. This home was on the market for 6 months before we bought it and I wonder if part of that was the pool issue. ???

]]> By: Clever Dude http://www.fivecentnickel.com/2007/04/19/renovations-that-can-hurt-the-value-of-your-home/comment-page-1/#comment-72170 Clever Dude Thu, 19 Apr 2007 16:46:12 +0000 http://www.fivecentnickel.com/2007/04/19/renovations-that-can-hurt-the-value-of-your-home/#comment-72170 When we were home shopping, we looked (on our own) at a home with a pool that was surrounded by pine trees. It never got sunlight and always had to be vacuumed. When we met with a realtor to see a house we thought we liked, we also knew there was a cheaper home on the same street. However, we knew it had a pool and we weren't looking for a pool. We checked out the home we liked and were ready to put an offer on it, but it turned out it already had an offer (but not yet accepted). We took the realtor's advice and checked out a few more homes she had in mind for us, and at the end, agreed to look at the house with a pool. We walked through the door and fell in love. We live in that house now, pool and all. I upkeep the pool myself, and with electricity, chemicals, parts, etc., I estimate it runs us an extra $800-1000 per year. The prices are coming down as I figure it all out though. However, I would never install my own pool. This same pool that was put in 9 years ago for $20,000 would cost $40,000-45,000 today! No thanks. When we were home shopping, we looked (on our own) at a home with a pool that was surrounded by pine trees. It never got sunlight and always had to be vacuumed.

When we met with a realtor to see a house we thought we liked, we also knew there was a cheaper home on the same street. However, we knew it had a pool and we weren’t looking for a pool.

We checked out the home we liked and were ready to put an offer on it, but it turned out it already had an offer (but not yet accepted). We took the realtor’s advice and checked out a few more homes she had in mind for us, and at the end, agreed to look at the house with a pool.

We walked through the door and fell in love. We live in that house now, pool and all. I upkeep the pool myself, and with electricity, chemicals, parts, etc., I estimate it runs us an extra $800-1000 per year. The prices are coming down as I figure it all out though.

However, I would never install my own pool. This same pool that was put in 9 years ago for $20,000 would cost $40,000-45,000 today! No thanks.

]]> By: KMC http://www.fivecentnickel.com/2007/04/19/renovations-that-can-hurt-the-value-of-your-home/comment-page-1/#comment-72166 KMC Thu, 19 Apr 2007 16:17:53 +0000 http://www.fivecentnickel.com/2007/04/19/renovations-that-can-hurt-the-value-of-your-home/#comment-72166 And the tub could present maintenance issues maybe(?) I'm just guessing. And the tub could present maintenance issues maybe(?) I’m just guessing.

]]> By: J Maish http://www.fivecentnickel.com/2007/04/19/renovations-that-can-hurt-the-value-of-your-home/comment-page-1/#comment-72163 J Maish Thu, 19 Apr 2007 15:45:35 +0000 http://www.fivecentnickel.com/2007/04/19/renovations-that-can-hurt-the-value-of-your-home/#comment-72163 I've seen a lot of additions that are not in keeping with the architectural style or are badly done. Those definitely detract from the value! Also, additions can also expand the house beyond the neighborhood (2 story house in an area of 1 story starters), and you can't expect to get a comparable amount if your house is priced out of the market! I’ve seen a lot of additions that are not in keeping with the architectural style or are badly done. Those definitely detract from the value! Also, additions can also expand the house beyond the neighborhood (2 story house in an area of 1 story starters), and you can’t expect to get a comparable amount if your house is priced out of the market!

]]> By: Nick http://www.fivecentnickel.com/2007/04/19/renovations-that-can-hurt-the-value-of-your-home/comment-page-1/#comment-72160 Nick Thu, 19 Apr 2007 15:25:44 +0000 http://www.fivecentnickel.com/2007/04/19/renovations-that-can-hurt-the-value-of-your-home/#comment-72160 <i>An addition that doesn’t enhance your home’s exterior.</i> Example: Top-floor two-car garage. Nice logo, by the way. An addition that doesn’t enhance your home’s exterior.

Example: Top-floor two-car garage.

Nice logo, by the way.

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