78 Mariner – Playing up to the Neighborhood
In describing the kitchen, I mentioned that we were making renovations to “fit the character of the neighborhood”. Making renovations to “fit in with the neighborhood” is one of the most important aspects of a successful rehab; In the case of NY Home Solutions, it is the driving force behind any and all of our major rehab decisions. While this may seem like a rather obvious factor to consider, many real estate investors tend to ignore it and over or under rehab their properties.
Our eventual buyer will have several expectations about the home before they come for a walk through. Because the house is in Allentown, they will expect the home to have the same eclectic, quirky, and upscale feel of the rest of the neighborhood. That’s why it’s imperative that we make all renovations to keep the house in line with the neighborhood standard. Its very easy to get wrapped up in the renovations and go overboard.
One example of such a decision can be found in the existing 2nd floor bathroom. The house was left with this classic claw foot tub. It needs some patching here and there…but overall its in pretty good shape. Personally, I don’t like the look of this tub and I would never have it in my own home. However, this is the perfect example of an attribute that may fit perfectly into the Allentown neighborhood. What do you think? Should we refinish the tub and keep it in the new bathroom? Or should we make a full scale change and replace it all together?