Wednesday, March 12, 2014

How much will not having a fireplace hurt our sales price?




bcyouletme


We live in Nebraska and built our home last year. To keep costs down, we didn't build in a fireplace and opted to have an electric type to move around instead. All the comps I have been doing have fireplaces/hearth rooms and I am hard pressed to find a home without a fireplace here. How much will that hurt when we sell? I know we may exclude certain buyers who absolutely want one, but it really wasn't that important to us. I am just looking for a general figure.....our home is 4 beds, 2.5 baths and about 3000 sq ft with finished basement and 2 car garage, built in 2007 and bought for 177k.


Answer
On our appraisal when we bought our house (with a fireplace) 6 months ago we had $1000 added against the comps without fireplaces. Our house is 4 bed, 2.5 bath, 2K sf, 3 car garage for slightly higher price than yours in Idaho.

Does anyone know if the Amish fireplace mantle is legit?




WonderWoma


I'm thinking of buying the amish fireplace mantle I see so advertised in the infomercials and sunday paper...has anyone bought one or know of someone and can verify if it's legit or a rip off? Supposedly heats the room well, and doesn't run up the electric bill...thanks for your feedback!!


Answer
The Amish only build the wooden mantles. A group of Beachy Amish in Ohio are subcontracted to build them by the company that markets the product. The Amish have nothing to do with the sale or marketing of the the finished product. The people in the printed and TV ads are actors, not actual Amish.

The electric heater itself is built in China. An electric heater from Wal-Mart at probably 25% the cost will do just as good a job.




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Title Post: How much will not having a fireplace hurt our sales price?
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