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| Sims1 |
 Posted: Mon May 28, 2007 5:30 am Post subject: Just bought a house and have a newbie question |
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Hi I just bought house and have a simple question. We have the option of either 9ft ceilings or upgrading for 12k to 10ft ceilings. My question is, is there a benefit to upgrade in the value of the house or in the resale value of the house???
Thanks, Sims |
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| BallJacker |
| Posted: Mon May 28, 2007 3:11 pm Post subject: |
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Investing Manager
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IMHO, Not really. Your better off spending the money in upgrading the Kitchen and Bathrooms or flooring. Though higher ceilings are a selling point, square footage is more important.
That's just my two cents. |
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| efflandt |
| Posted: Mon May 28, 2007 6:43 pm Post subject: |
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Investing Manager
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| I once looked at a house that just about filled up its lot. Not much back yard, but it had a tall enough basement that it contained a half basketball court. Just the property taxes on that place are probably now more than my house payments. |
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| t-bag |
| Posted: Mon Jun 04, 2007 12:22 pm Post subject: |
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Investing Sr. Associate
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I assume you just bought a house under construction or a spec house? If it's an existing house I can't imagine a reason to add only one foot to the ceiling height.
I agree with Balljacker. If your looking for value/resale your best option is to upgrade the kitchen/ baths.
An extra 1' of ceiling height is almost useless, except to up your power bill for that extra volume to heat and/or cool. |
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| Do5 |
| Posted: Fri Jun 15, 2007 2:57 am Post subject: |
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Investing Sr. Associate
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| I too agree with balljacker, Kitchen is where the $ is! |
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