Home Upgrades That Aren't (and Are) Worth the Money

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  • เผยแพร่เมื่อ 26 พ.ย. 2024

ความคิดเห็น • 96

  • @katrinstake
    @katrinstake  2 หลายเดือนก่อน +1

    Here is another video that you may be helpful: Don’t Make These 10 Costly Home-Buying Mistakes!
    th-cam.com/video/YpXT_DkHloA/w-d-xo.html

  • @johnphillipsplumbing7148
    @johnphillipsplumbing7148 หลายเดือนก่อน +2

    Thoughts and prayers to you and yours,stay safe,best of luck!😊

    • @katrinstake
      @katrinstake  หลายเดือนก่อน +1

      John you as well. I hope you are high and dry....this will be a bumpy ride. Take care!

  • @katec4096
    @katec4096 2 หลายเดือนก่อน +8

    I was so stunned by your video. It was like you were directing talking to me. Lol. When I buy my house in the villages, I will add a backyard oasis with an outdoor kitchen, birdcage and lots of beautiful landscaping. My kitchen will include a Viking stove, fridge that will have a camera inside, double oven, a venting system that goes outside. A lemon/ lime hybrid tree and a fig tree in my front yard. Fingers crossed that I will never have to sell it. 😊

    • @katrinstake
      @katrinstake  2 หลายเดือนก่อน +2

      The plans of the outside and your kitchen choice sound fantastic. At the end of the day, one should do what makes one happy :). Your outdoor vision already sounds like an oasis :).

  • @s99614
    @s99614 2 หลายเดือนก่อน +16

    The lack of a garage is a deal breaker for me as well.

  • @travgal9903
    @travgal9903 2 หลายเดือนก่อน +11

    Keep in mind that home improvements are not just about resell value. Some people do home improvements because they want a nicer place to live in. If it enhances the homeowners life, then perhaps it's worth it to them.

    • @katrinstake
      @katrinstake  2 หลายเดือนก่อน +1

      It makes you happy, go for it ;)

    • @ppw8716
      @ppw8716 หลายเดือนก่อน +1

      I agree. We listened to salesperson saying we should keep our tub because families want a tub instead of a shower. Regret it to this day.

    • @katrinstake
      @katrinstake  หลายเดือนก่อน

      @@ppw8716 well you may get lucky and sell to a person that doesn’t care about a tub, but you will narrow the target audience especially if your home could appeal to you families. But at the end of the day, you should do what will maximize your happiness in your home. I look at stats and advice from there.

  • @cindyonyoutube
    @cindyonyoutube 2 หลายเดือนก่อน +10

    Eliminating the garage is a non-starter. Especially since there are no basements, a garage is a must.

    • @katrinstake
      @katrinstake  2 หลายเดือนก่อน

      Agree 👍

    • @Lovesapuzzle
      @Lovesapuzzle หลายเดือนก่อน +1

      Here in the Midwest we typically have full basements and garages.

  • @darrellhicks360
    @darrellhicks360 2 หลายเดือนก่อน +6

    Yikes! Since I’m now living in my 40 year rental, I wanted to make it right. I tore out kitchen, backyard, front yard, and both bathrooms. I converted my walk in closet to a seven foot shower with a four-foot pony wall. Backyard has gazebo with auto start fire 🔥 pit. I also did fireplace insert in family room w remote control. I added wood (not plastic) plantation shutters after replacing and updating windows. Final project was new roof, new gutters, and new central HVAC. Cost? $250,000 😳. I used my savings cuz u can’t take it with you. I’m retired and I retired early to get established. The neighborhood is one of the best, all million dollar homes while mine is 1800 sq ft and worth $500,000. Homes sell 10% above average here. I just needed to be secure and not subject to predators due to old age.

    • @katrinstake
      @katrinstake  2 หลายเดือนก่อน +2

      Thanks for sharing Darrel. It sounds like you own one of the neighborhood's smaller / more affordable homes, but it has now been updated. Good move!

    • @darrellhicks360
      @darrellhicks360 หลายเดือนก่อน +1

      @@katrinstake
      Thank God who provided the money to do it. 🙏

  • @stephanied.3657
    @stephanied.3657 2 หลายเดือนก่อน +1

    Great tips on what upgrades bring value and those that don't Katrin!

    • @katrinstake
      @katrinstake  2 หลายเดือนก่อน

      Glad it was helpful!

  • @TH-eb5ro
    @TH-eb5ro 2 หลายเดือนก่อน +1

    I've had friend keep upsizing their homes. When their kids started school they bought their 'custom' home and that meant anything that needed repair took custom things to fix it, window coverings were custom sizes.....that sort of thing. They said never again and sold it the week after their youngest graduated. They retired to the first house they had, a small bungalow in a small town and they lock it up and are off on adventures on a regular basis. There are so many places to go use a pool, gyms or community centers. My mom has gone back and gotten all her permits.

    • @katrinstake
      @katrinstake  2 หลายเดือนก่อน

      Thanks for sharing. It's a story I hear often in real estate. Many homeowners upsize, thinking they’re planning for the long-term needs of their growing family, but the reality is that with custom homes comes custom maintenance. Custom-sized windows, doors, and fixtures often require more specialized (and expensive) repairs, and what seemed like an exciting home upgrade can quickly become a headache.

  • @olgavernor280
    @olgavernor280 2 หลายเดือนก่อน +3

    And about hiring professional. Lots of so called professionals are not professionals at all. We do a lot ourselves and the results are great plus the money saved on labor we put for luxury appliances

    • @katrinstake
      @katrinstake  2 หลายเดือนก่อน

      If you know what you're doing, that's fantastic! But when it comes to hiring contractors, it's crucial to find the right one.

    • @olgavernor280
      @olgavernor280 2 หลายเดือนก่อน +1

      @@katrinstake it is almost impossible and if you are lucky it will cost you a fortune I tried and failed

    • @katrinstake
      @katrinstake  2 หลายเดือนก่อน

      @@olgavernor280
      I agree, it can be tough, especially for smaller jobs. I usually ask my network for recommendations, check Google reviews and their license, and get at least three quotes.

  • @johnphillipsplumbing7148
    @johnphillipsplumbing7148 2 หลายเดือนก่อน +1

    Looking particularly beautiful tonight, great advice!😊

  • @VanessaBurton-hb9pm
    @VanessaBurton-hb9pm 2 หลายเดือนก่อน +2

    What you say is true. When i was looking I found one I really liked but the owner had turned the kitchen closet into a bar room. While it was really cool, it was wasted space for me

    • @katrinstake
      @katrinstake  2 หลายเดือนก่อน

      Thank you for sharing Vanessa!

    • @lauracampa1838
      @lauracampa1838 หลายเดือนก่อน

      As if you cant turn that bar into a pantry again. 🤦🏻‍♀️🤦🏻‍♀️🤦🏻‍♀️

  • @olgavernor280
    @olgavernor280 2 หลายเดือนก่อน +7

    So we need to live in average homes with a thinking of resale value. What about being happy with luxury kitchen and lash landscaping.

    • @katrinstake
      @katrinstake  2 หลายเดือนก่อน

      If that's what you want and it makes you happy, then absolutely go for it! The most important thing is your happiness.

  • @JubeeBijou
    @JubeeBijou 2 หลายเดือนก่อน +2

    So true about being careful not to upgrade a home that does not fit with the neighborhood. I have seen so much of that in my area. Realtors and flippers buying homes in middle class or starter home neighborhoods and putting so much money in to the flip to where the inside looks like a 500k home, yet it's sitting in a 200k or "starter home" neighborhood. And I watch these homes sit and sit and sit on the market. I'm wondering when they'll stop doing this.

    • @katrinstake
      @katrinstake  2 หลายเดือนก่อน +2

      Absolutely, over-upgrading in a lower-priced neighborhood can definitely make it harder to sell, as buyers often look for homes that align with the area's typical values.

    • @Lovesapuzzle
      @Lovesapuzzle หลายเดือนก่อน

      It depends on the area where it happens. That started to happen in our neighborhood about 10 years ago. Now, those $200K homes are no longer being flipped. They are being torn down and replaced with $1Million+ spec houses that are sold before they are completed. Be careful what you wish for.

    • @JubeeBijou
      @JubeeBijou หลายเดือนก่อน

      @@Lovesapuzzle I certainly do not wish for it.

    • @Lovesapuzzle
      @Lovesapuzzle หลายเดือนก่อน +1

      @@JubeeBijou I hope you are spared. It has sent our property taxes through the roof.

  • @s99614
    @s99614 2 หลายเดือนก่อน +3

    A plunge pool is all you need, even in Florida where the lawns are tiny

    • @desireestacy4597
      @desireestacy4597 2 หลายเดือนก่อน

      What's a plunge pool. An above ground pool?

    • @TH-eb5ro
      @TH-eb5ro 2 หลายเดือนก่อน +1

      Many, even those who used to have large pools are switching to tank pools or large ponds used as pools. Less time maintaining and more time enjoying.

    • @shnuggumz
      @shnuggumz หลายเดือนก่อน +1

      Unless you have children whom will be enjoying the pool with family and friends. Plunge pool isn’t going to cut it!

  • @videotours5277
    @videotours5277 2 หลายเดือนก่อน +1

    Helpful video. Thank you.

    • @katrinstake
      @katrinstake  2 หลายเดือนก่อน

      Thank you for watching

  • @cynthiaaiken2424
    @cynthiaaiken2424 หลายเดือนก่อน

    Since I’m going to have to replace the roof, I’m considering adding a dormer while I’m at it. Would that be a wise investment?

  • @Da-King-of-Swing
    @Da-King-of-Swing 2 หลายเดือนก่อน +1

    Good vid good info 👍

    • @katrinstake
      @katrinstake  2 หลายเดือนก่อน

      Glad you enjoyed it ;)

  • @toyarj37
    @toyarj37 หลายเดือนก่อน +1

    Do what makes you happy. Nobody makes money on the house they live in. It’s a savings account for the rebate check you will get back.

  • @steveb8503
    @steveb8503 2 หลายเดือนก่อน +2

    Have you seen anyone converting formal dining rooms to offices? I'm thinking of converting mine to an office w/ a sleeper sofa for guests. I've heard formal dining rooms are on the out and having a nice office would appeal to the work-from-home buyer. I also have a nice kitchen table area for eating inside. I suppose if someone wanted to convert it back it would still be possible.

    • @katrinstake
      @katrinstake  2 หลายเดือนก่อน +5

      If you have an open floor plan and converting the dining room into an office won't make the space feel too small or choppy, why not. Lots of folks do not use dining rooms anymore. I would just have the office be closed (walls).

    • @steveb8503
      @steveb8503 2 หลายเดือนก่อน +1

      @@katrinstake Yes, we have an open floor plan. Thank you for the response.

    • @cherylanon5791
      @cherylanon5791 หลายเดือนก่อน

      @@katrinstake Open floor plans are AWFUL they are noisy, require more heat/Cool and the flooring if needs to be changed requires more flooring to keep it all the same! I had an open concept home, now have MSM home with kitchen closed off on 3 sides, Living Room is closed off on 3.5 sides, and other rooms connect but are not obliterated with noise from kitchen. Will never again have an open concept main floor. No privacy, too noisy!

  • @royportalise5269
    @royportalise5269 2 หลายเดือนก่อน +1

    Hi Katrin. How about gutters, screened in patios, water softeners, and reverse osmosis? Please let me know. We live in Westley Chapel.

    • @katrinstake
      @katrinstake  2 หลายเดือนก่อน +2

      Gutters in Florida protect your foundation from water damage, and screened-in patios keep bugs out, making outdoor living more enjoyable-both solid investments for resale. As for a water softener and reverse osmosis system, they may not offer a big return but can enhance your quality of life. These aren't too expensive, so if they bring value to you, they're worth it. When selling, be sure to list them as upgrades and keep receipts to highlight their added value.

    • @royportalise5269
      @royportalise5269 2 หลายเดือนก่อน +1

      @@katrinstake Bom Dia Katrin Obrigado. You’re very professional. We enjoy your channel. Hope all is well after the storm ⛈️

    • @katrinstake
      @katrinstake  2 หลายเดือนก่อน

      Muito Obrigada! Tudo bem aqui. But the keys got flooded unfortunately. The local government is assessing the damage.

    • @katrinstake
      @katrinstake  2 หลายเดือนก่อน

      How did Wesley Chapel do?

  • @bfoz
    @bfoz หลายเดือนก่อน +1

    I hope you are doing ok with the storms and such. Did you head up north? P.S. You keep changing your channel name haha.

    • @katrinstake
      @katrinstake  หลายเดือนก่อน +1

      Haha, I do indeed change it a lot, right? I think I will keep this one for a while :). No, I am still in Sarasota...let's see how the storm tracks. Hope you are doing well!

  • @s99614
    @s99614 2 หลายเดือนก่อน +2

    A rooftop deck is something people do around here that is a waste of money.

    • @katrinstake
      @katrinstake  2 หลายเดือนก่อน +1

      Where do you live?

  • @ey_charles
    @ey_charles หลายเดือนก่อน +1

    Basically don’t touch anything! 😄

  • @Lovesapuzzle
    @Lovesapuzzle หลายเดือนก่อน +6

    Vinyl is not luxurious. Marketers call it "luxury vinyl" to fool buyers into thinking it isn't vinyl. The truth is that vinyl is vinyl, regardless of what you call it.

    • @katrinstake
      @katrinstake  หลายเดือนก่อน +2

      Certainly a marketing angle but they are more durable than the regular vinyl flooring material

    • @Lovesapuzzle
      @Lovesapuzzle หลายเดือนก่อน +2

      @@katrinstake I'll take your word for it but, it still looks cheap to me. Vinyl's off gassing also triggers my migraines.

    • @travgal9903
      @travgal9903 หลายเดือนก่อน +2

      @@Lovesapuzzle Completely agree! I was stunned when looking for a new house and saw all the vinyl marketed as luxury. I asked what makes it "luxury" and they said it feels better to walk on barefoot. Not to me!

    • @Toni_Snark
      @Toni_Snark หลายเดือนก่อน +1

      There are different types of LVP. It's much better than it used to be, but a lot of homeowners simply cannot afford to redo the entire house with hardwood or engineered hardwood.

    • @Lovesapuzzle
      @Lovesapuzzle หลายเดือนก่อน

      @@Toni_Snark If it's flooring that you want for a home you plan to live in, it's your call. What disappoints me are flippers and homeowners that put it in a house they want to sell. As a potential buyer, when I see LVP, I figure what it will cost to tear it out and replace it with hardwoods. Honestly, I would rather see a damaged floor than LVP. It would save me $$ in the long run.

  • @CD-ql9hz
    @CD-ql9hz หลายเดือนก่อน +1

    In my area, homeowner upgrades are irrelevant, because most properties are purchased by developers who demolish the existing homes and build new ones. They will pay $1M+ just to get desirable lots.

    • @katrinstake
      @katrinstake  หลายเดือนก่อน

      Thank you for chiming in. Where are you located?

    • @CD-ql9hz
      @CD-ql9hz หลายเดือนก่อน

      Suburb of Nashville, TN. Lots of gentrification going on here.

  • @Thomas63r2
    @Thomas63r2 หลายเดือนก่อน +3

    This video is emblematic of the reason why housing is so unaffordable - we have stopped thinking of houses as housing and instead we focus mainly on the investment side. Private equity, hedge funds. REITs and institutional investors do nothing to improve housing availability or affordability - they are designed as cash extracting machines because the tax laws and regulations favor them in that regard. It is beyond time to ban all the hedge funds and foreign buyers (who are often hiding in private equity) from buying up residential real estate. At the very least institutional buyers of residential real estate should not be allowed depreciation unless they in fact sell at a loss.

  • @s99614
    @s99614 2 หลายเดือนก่อน +6

    The kitchen cabinets should go all the way to the ceiling.

    • @katrinstake
      @katrinstake  2 หลายเดือนก่อน +4

      Agree, also less to clean :)

    • @wysiwyg88888
      @wysiwyg88888 2 หลายเดือนก่อน +3

      Yes! I recently extended mine with riser molding to eliminate 3 in gap. Also had a group of cabinet door panels replaced with glass. Nice little upgrade

  • @stevenpike7857
    @stevenpike7857 2 หลายเดือนก่อน +6

    I love how she just throws out ow the median average home price is $500k. (half a million). This is a serious problem that people seem to be ignoring. The median wage is no where near where it needs to be to afford that median half million dollar "average home." The housing prices are freaking ridiculous. It's like it's in a bubble. If all these people buying things houses can really afford that, then the median wage should be way higher and it's not. Something is going on and I think there's a serious market correction coming. No one thinks they're in a bubble until it pops and no one seems to notice the obvious signs before the pop.

    • @christaylor8337
      @christaylor8337 2 หลายเดือนก่อน +1

      Yup

    • @katrinstake
      @katrinstake  2 หลายเดือนก่อน +1

      I wish it were more affordable and that all people could afford the American dream of home ownership if that’s what they wanted whether with more affordable home prices, higher wages etc. On a national level, home prices are not predicted to come down in 2025 for the exception of seasonal fluctuations. Let’s see what happens ones the new candidate is in place as both have plans for the housing market.

    • @christaylor8337
      @christaylor8337 2 หลายเดือนก่อน

      @@katrinstake So either the entire world around us could shift a few hundred different ways...or prices could come down. It's prices. The value of a dollar has been eroded over the past few years faster than any 3 year period since most people were kids in the early 80's. Higher wages from whom? Businesses that are struggling right now? The government made this problem with spending too much, it's not employers' responsibility to pay enough to keep up with out of control spending that causes inflation. It can't be done. Ask Argentina.

    • @katrinstake
      @katrinstake  2 หลายเดือนก่อน +1

      @@christaylor8337 I understand how frustrating it can be to watch prices soar, especially when it feels like the system is out of our control. While we can’t always change the bigger forces at play, sometimes the best approach is to find ways to adapt and make the most of the current situation.

    • @christaylor8337
      @christaylor8337 2 หลายเดือนก่อน +2

      @@katrinstake Agreed. I am currently looking to either build from scratch in Maine or buy an old house in Maine and renovate it. I stopped renovating in Sarasota back in February when I sold my last flip. I wouldn't buy anything in the Sarasota market right now at the prices listed. I am comfortable at 25% higher than 2019 prices. Until then I am in other markets, building with my own hands if necessary. I figure that I can build a house in Maine, done with everything, for $80,000. Two beds two baths. I can rent it out or sell it or keep it. It's either that or sit out and watch for a while longer.

  • @kdtune33
    @kdtune33 2 หลายเดือนก่อน

    Dude eatin the sandwich looks like a serial killer.

  • @cynthiaaiken2424
    @cynthiaaiken2424 หลายเดือนก่อน +1

    Power washing will damage your house. Hire a hand wash pro.

  • @LD-io9zv
    @LD-io9zv 2 หลายเดือนก่อน +1

    If you love your neighborhood and you do not outgrowing your home - do what you want to live in your home as comfortably or as extravagantly as you want ! One life - do it your way and don’t listen to this crap advice!

    • @katrinstake
      @katrinstake  2 หลายเดือนก่อน

      @@LD-io9zv
      Did you catch the video? I mention that if it makes you happy, go for it! But when it comes to resale, there are specific things to consider-some choices can boost the home’s value, while others might not.

  • @s99614
    @s99614 2 หลายเดือนก่อน +2

    I would avoid anyplace with Samsung or LG appliances.

    • @adriaba790
      @adriaba790 2 หลายเดือนก่อน +1

      What brand/s would you choose instead? I'm renovating and need to buy new appliances,thank you

    • @te7406
      @te7406 2 หลายเดือนก่อน

      Whirlpool has a good reputation.