gmhTODAY 19 gmhToday April May 2018 - Page 12

Time to Move Top Producing Team Gilroy Office, 2015, 2016, 2017 Sean Dinsmore, Realtor Intero Real Estate Services www.TheDinsmoreTeam.com 408.710.2855 DRE #01966405 Marta Dinsmore, Realtor GRI Intero Real Estate Services www.TheDinsmoreTeam.com 408.710.0571 DRE #01352339 Some people live in the same house all their lives. Amazing. Worse (or better yet?), some actually live in the house in which their parents, or even their grandparents, spent their entire lives. Amazing x2. If I didn’t know people who have done this, I would not believe such a scenario was even plausible. Imagine, seriously, spending 90 years or so looking at the same walls, if not the same furniture. Wow. Get me out of there, please. I know some people would beg to differ with my view on this topic. They find and cherish peace and security in the comfort of their family cocoon, where every corner is familiar and somewhat reassuring. Why move if you don’t have any good reason to? You know the kind. Nothing bad about it, just a little strange. My take only. You see, life, like the world around us, has a way to keep on changing, whether we like it or not; whether we recognize it or not. We change, too. Our means change. Our needs evolve. Our taste evolves. Our family size may change: it grows or it shrinks. Nothing stays the same. You may say that it is entirely possible to enjoy “the best of both worlds,” i.e. change a lot about the looks and ambiance of a house and yet stay put under the same roof. As a matter of fact, millions of Americans have done just that over the last few years rather than move, together with their equity, to another home. The scarcity of listed properties and rising prices, of course, played a big role in such “choice.” The decision is not without serious risks though, depending on the extent and the quality of the makeover. Changing the paint color or reupholstering the chairs is one thing, but breaking walls, adding one level (whether up or down) or making the kitchen gorgeous and functional, is another thing entirely. You should think twice and hard about embarking on a major renovation. You kind of know where you want to start but you may not know where the adventure is going to take you. The problem when you start a renovation project is that the more you do, the more you still have to do, and the more you discover that needs fixing or updating to make everything whole, logical and coherent. You can’t add anything which conflicts badly with the surroundings in terms of style, or height, or whatever. Meanwhile, the contractor’s bill gets heavier and less and less digestible. Another thing or two you ought to keep in mind. The idea, when you undertake a small, or major, house makeover is to make it more desirable, for yourself or for possible buyers if the end-goal is to sell and pocket incremental profit. Well, nothing is assured. For one thing, an “improvement” is not necessarily improving the value. The renovation can go wrong and mistakes are costly. The house may lose value rather than gain some. Or you went overboard and can’t recoup all of your investment considering the limit on value based on “comparable” homes in the neighborhood you live in. My philosophy in life is very simple: don’t do anything major if you don’t know the way it’s going to turn out and don’t even enjoy the ride (and the bill) for the journey. Many have learned their lessons and paid dearly for their grand remodeling ideas. When my clients seek my opinion on whether to pour money and time into a makeover job, my advice is always the same: “If this is your ‘final destination,’ go for it. If you’re thinking about renovating your house because you no longer like it as it is, you have two options. You can hire an architect, or a contractor, or an interiordesigner, keep writing checks and live in a hotel with no definite end in sight. OR, look for another home and buy yourself one that already has most, if not all, of the amenities and benefits you want or need.” In the end, this option will probably save you lots of time, dollars and headaches. Your choice. 12 GILROY • MORGAN HILL • SAN MARTIN APRIL/MAY 2018 gmhtoday.com Time to Move S Top Producing Team Gilroy Offi ce, 2015, 2016, 2017 Sean Dinsmore, Realtor Intero Real Estate Services www.TheDinsmoreTeam.com 408.710.2855 DRE #01966405 Marta Dinsmore, Realtor GRI Intero Real Estate Services www.TheDinsmoreTeam.com 408.710.0571 DRE #01352339 12 ome people live in the same house all their lives. Amazing. Worse (or better yet?), some actually live in the house in which their parents, or even their grandparents, spent their entire lives. Amazing x2. 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