[quote author="JLegend" date=1225351696][quote author="WestparkRenter" date=1225344860][quote author="JLegend" date=1225343777][quote author="asianinvasian" date=1225343331]
Why are you comparing different plans? No wonder you're still renting.</blockquote>
hehe. because if a few houses drop by 40% in Irvine, they all should becasue they are cookie-cutter. I hear very little about desirability, design and overall look and feel of homes in Irvine as being important to many on this forum. maybe because if you've seen one irvine house, you've seen them all.</blockquote>
If you own real estate, you should know, people don't really care about that, it's a matter of preference. It's like buying a used car, does not matter what upgrades you have, people don't care, they always pay a used car by mileage and condition of the car. The rest of the upgrades, you paid for it, got great use out of it, but buyer does not give you extra amount for it.</blockquote>
Nonsense. And you're proving my point about the mentality of many on this forum.
If you take two identical homes (next to each other for sake of comparison so location isn't an issue), one that has been upgraded nicely with quality wood floors, dark granite counter tops throughout, updated banister and railings and crown molding and nice fixtures throughout, that will likely sell much faster (or garner more interest) than a house that is "stock," hardly upgraded with tiles for counter tops, carpet, old school wood banister and railings, and older wood cabinets. Most buyers don't want the hassle of upgrading. And if the upgraded house is more or less in-line with the buyer's aesthetics, that is "worth" more to the buyer. If the difference in price is in-line with the upgrades, that "nicer" houser will reasonably command a higher asking price. There is a point, however, if you ask too much, buyers will think to themselves that they can do the upgrades themselves for much cheaper. But you can't tell me with a straight face that a buyer could use the adjacent house as leverage to drastically bring down the price of the nicely upgraded place. IF I were the seller, I'd say go buy the cheap looking stock house and waste time you could be spending with your family upgrading it. If you don't need to upgrade, then live in your outdated home and be happy.</blockquote>
To each his own. I may not like your style or the granite that you choose. It costs me more to undo somebody's taste. I prefer to start from scratch. So yes, I did go out of my way to get pricings on how much things would cost to redo a brand new house( because they charge too much to upgrade). So I know how much things would cost.
In my post, I was referring to the floor plan. Desirable floorplan holds value and non-desirable floorplan doesn't as much. But I'm not sure you get to charge more.