Hi All

Smodlet

Yes; point of grammar: You are expecting it to be done too quickly. Patience is a necessity in house buying.

jamie_128

So im not pulling out of this house as we are happy with it, it ticks all of our boxes and is more affordable.

Something giving me anxiety though is the fact that we want to replace the kitchen as the one isent to our taste (although in good condition), and to replace it ive been told up to 10k in cost. However i know i will spend this and not get that much back if i sold the property? Is this the kind of thing people just have to grin and bear, never really thought about it before but every property we have seen wants the kitchen replacing as not to our taste.

Also we want to convert the garage which again will cost 5k but will it add the same in value to the house?

AdrianC

jamie_128 wrote: »

Something giving me anxiety though is the fact that we want to replace the kitchen as the one isent to our taste (although in good condition), and to replace it ive been told up to 10k in cost. However i know i will spend this and not get that much back if i sold the property? Is this the kind of thing people just have to grin and bear, never really thought about it before but every property we have seen wants the kitchen replacing as not to our taste.

A really knackered or hideous kitchen can make a house less saleable, but so long as it's basically decent, you won't really add much value. As you say, very personal tastes...

End of the day, it's YOUR HOME... You're living there. That's why you want something as important as the kitchen to be right, especially if you do a lot of "kitchen living" or are enthusiastic cooks.

Also we want to convert the garage which again will cost 5k but will it add the same in value to the house?

Impossible to generalise. It might add value, it might remove it. But, again, it's for your lives there...

jamie_128

Very true thanks. It also wants a combi boiler, more so for convinience for us really but again a lot of houses we viewed had an old style boiler.

Smodlet

There is nothing wrong with "old-style" boilers so long as they work; they tend to last longer than combis and, I think, to be easier to fix (so long as you can still get the parts)

You cannot expect other people who might buy your (as yet unbought) house down the line to pay for your taste any more than you can expect a vendor to change their kitchen because their taste differs from yours.

As AdrianC says, your house, your kitchen/garage/boiler, your taste, your benefit = your expense, to put it bluntly. Not everything is about resale value unless you are a property developer. Are you buying an asset to flip or a home to live in?

Cakeguts

You don't get money back for a new kitchen simply because when you fit it you have a new kitchen. When you sell the house the kitchen is second hand. You don't pay as much for a second hand kitchen as you do for a new one.

StumpyPumpy

jamie_128 wrote: »

Something giving me anxiety though is the fact that we want to replace the kitchen as the one isent to our taste (although in good condition), and to replace it ive been told up to 10k in cost. However i know i will spend this and not get that much back if i sold the property?

How would you feel if the current vendors put an extra £10k onto the price of the house to pay for the kitchen that is in good condition and is to their taste? Because that is the same position any future purchasers will be in with regard to your kitchen.

When we sold our last place the kitchen and bathroom were very dated (I prefer the term "vintage":rotfl:) I asked the EA whether I should get them modernised. He said categorically not as 50% of people buying properties today automatically replace kitchens and bathrooms regardless of the condition and factor that into the price they are willing to pay. I've no idea if this is true but I can believe it as following his advice we sold after less than two weeks on the market.

SP