Skip to main content

Fix it for you

So often you get held up on the concept of remodeling your home to add value to it. Let me help you; YOU DO NOT ADD VALUE TO YOUR HOME! EVER!!!! Your home can appreciate, which is a beautiful thing, but it's even said that high-end kitchen remodels, for instance, add 90% of what you put into them.  

"According to Remodeling Magazine (http://www.remodeling.hw.net/) you're less likely to recoup your investment in a major kitchen or bathroom remodel than you are to get back what you spend on basic home maintenance such as new siding. Siding replacement recouped 92.8 percent of its cost, according to the study. The only home improvement likely to return more at resale was a minor (roughly $15,000) kitchen remodel, which returned 92.9 percent. Replacing roofs and windows were also high on the list, returning 80 percent or more at resale." From HGTV

Let us look at those numbers; you LOSE 10% by "investing" in a kitchen remodel. Would you "invest" in something that statistically loses you 10%? 

Brings me to my point, do not remodel something because it will increase your sales price, that's just stupid. The best property owner I know once told me you never make money selling a home you make it buying a home. So make sure you buy well, and then do the projects that make you happy, that you want to do. 

Remodel your home for you to enjoy.

Comments

Popular posts from this blog

The Psychology of Money: A Personal Insight

Recently, I had an experience that reshaped my understanding of the psychology of money. I took over a property management job where part of my payment came in physical cash, money previously directed to someone else for this task.  Most tenants paid digitally or by check, but one unit always paid in cash. Having that "management" fee/ maintenance fee tangible, in my hand, ignited a unique perspective. It wasn’t about the amount, but the form in which it arrived.  Sure, I could take a full-time job earning in excess of $10K a month. However, that wouldn’t necessarily change my life as it would only take more of my time, the one resource I can't regenerate.  Surprisingly, the extra $1K in cash monthly had a more significant impact, not because it was a windfall, but because it made me more mindful of my earnings. The physicality of cash and the process of earning it manually introduced a sense of value and respect for my work that was somewhat abstract before.  This p...

Elk Hunt - Shakespearean style

In Meeker's vale, where mountains touch the skies, An alfalfa field before us calmly lies. Two hundred fifty elk, a sight to glean, To move unseen a task, nigh unforeseen. Our guide named Hugh, and Father by my side, We hunker down, in quiet we abide. At last I spot him—five by five, the bull, Amidst his kin, the scene is nearly full. A hundred thirty-eight yards separates, My steady aim on destiny debates. For three long minutes, in my sight he stays, But cow elk guard him, blocking aim and gaze. I dare adjust—alert, they bark and flee, My chance arrives, as if by fate's decree. The cows disperse, the bull steps forth alone, My rifle speaks; its aim and end are known. Down falls the bull, as twilight fades from view, Amidst the field and mountains' varied hue. A tale to pass, from elder unto youth, Of patience, skill, and undying truth.

Off-Ball Coaching: The Unsung Hero of Teamwork in Sports and Business

Introduction We all admire the quarterback who throws the winning touchdown or the CEO who nails the game-changing deal. But what about the unsung heroes—the players or associates who operate "off-ball," setting the stage for that crucial moment of glory? In both sports and corporate settings, off-ball coaching is an essential but often overlooked aspect of success. It's not just about the person with the ball (or in charge); it's about the invisible machinery of teamwork, communication, and leadership that makes the winning play possible. The Crucial Role of Off-Ball Communication in Sports Soccer: Anticipating and Planning In soccer, it's not just about the player who has the ball; it's also about the other ten players who are continuously positioning themselves, making runs, or calling out marks. They're planning two, three, or four steps ahead to ensure smooth execution. - **Takeaway**: Just as in business, anticipation and planning can streamline acti...