“The Right Things Wrong” How do you know when you’ve found a home that’s a good candidate for rehab/remodeling? In the words of one of my favorite contractors, Phil Raskin, “it has the right things wrong.” Definition: the home has good bones and a nice floor plan, but discrete, correctable problems. Black, White ” and...Read More
Cost-Effective Repair or Merely Desirable One? Just because every house problem (save for location*) can be fixed, doesn’t mean it will be. That’s often true for poorly conceived floor plans; functional obsolescence (one hall Bath serving four upstairs Bedrooms); and underwhelming curb appeal. In each case, the fix can easily run into six figures — money that...Read More
Location, Location, Location (Again) Normally, when a house has a major foundation issue, standard Realtor advice to Buyers is “run, don’t walk” (to something else). What’s the exception to that? If the home in question is on desirable lot in a hot neighborhood for tear-downs — and the foundation issue translates into a sufficiently hefty discount. Exit...Read More
Does it “Just Need Cosmetics?” How do you know when you’ve found a home that’s a good candidate for rehab/remodeling? In the words of one of my favorite contractors, Phil Raskin, “it has the right things wrong.” Definition: the home has good bones and a nice floor plan, but discrete, correctable problems. Black, White —...Read More
