Ray and I have been taking any free time we might otherwise have in our schedules to work on this home... It is really taking a toll. Every wall has LAYERS of wallpaper that would have to be removed in order to paint. There is no room with 1 complete wallpaper design, so it is difficult to leave it "as is". Originally, we planned to paint over the wallpaper, but the wallpaper is mislaid, plus it's four to five layers- and more- deep. The house walls would look crooked and bubbled if we just paint over everything.
Now the real problem becomes that Ray and I are two people and this is not our part-time job. We work nearly every spare few hours we have to pull the wallpaper out of this house. This is a tremendous strain on us and is not the kind of service we offer; this is a job for more than two people- at least three or four! It is necessary that we be able to hire someone to assist us in this job, yet there is no money left in the $600 budget.
Otherwise, we have a house that is in very bad condition and we can spray paint on the walls "as is", but it may just add to the problem of looking like a "fixer upper".
We need help from the homeowners, so please comment this blog or email us with a suggestion or solution to this problem. If you say "paint over everything", then we will. However, without more funds, there is no way we can remove all of these decades worth of wallpaper, paint the walls, sand & restore the floor, clean up the yard, and clean the whole house and property; it is just not possible.
My thought is to go ahead and paint over everything; though it will only look good enough for a rental home or fixer-upper. Perhaps after spraying over everything, it will brighten the house, still. I hate to leave things as such, but we must be practical and reasonable with facts.
What do you feel is the next step that should happen?
What date is your target for having the home prepared for market?
What is your target sale date?
My goal is to get your home sold for an amount that will exceed what is owed to the bank + closing fees. That price is much too high for the condition of your home; it should be in pristine condition for $590,000 and $565,000. I feel that I am out of ideas in working with such a small budget for a home that needs so much to justify the sales price. I have my heart invested in the project, as well, but Ray & I cannot do $15,000 work of work for $600. It is so much work, I really wish you could see how hard we work on that house when we do find the time.
What is needed is two workers that can come in and peel paper, clean, etc. Two workers for five days, assisting us. Then enough to cover the cost to haul the rest of the garbage and pay a Gardner to care for the yard routinely.
I have been showing the home through all of this. I have been told countless times that this home is over priced at that homes in the neighborhood are selling for $300,000 & $400,000. This house has a panoramic view that is awesome. The lot is much nicer than the city lots an dis nearly 1/4 acre, and the porch is amazing!
The problem is: No one sees that as reason to pay $165,000 - $190,000 for the difference! I agree, there is a huge difference; perhaps if the home looked better inside and out, with nice, smooth, freshly painted walls and a "newly restored" wood floor, it will give the house a better chance at selling. Also helpful would have been removing the popcorn ceilings, as many buyers have complained about the popcorn texture and the floor plan. I am having a popcorn ceiling removed on another property and the cost is $1250 for removal and retexture; not bad, but probably not possible on this project.
Alright, Home Sellers, we need your feedback!
Homeowner: Do you know what has been altered in the house that has made the floor plan what it is now?
What changes have you personally made to the property?
Would you just as soon not put any more money into the project and have us just spray over everything?
Sunday, November 26, 2006
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