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Lance in Buena Vista, CO0.002

I have been reading numerous blogs on this site and others and I have gained a lot of knowledge just from reading here at OBB. I have read through and studied the "Whole Enchilada".
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Try one of our new Construction Bargain Strategies for free. Coupon code: CBS. One strategy could save you $1,000 or $10,000 or maybe $50,000 when you build or remodel.


    2-17. Select strategic features that are desirable in your market. - Electronic Edition

    2-17. Select strategic features that are desirable in your market. - Electronic Edition
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     It can be very slow and therefore expensive to sell a house that doesn’t compete well against others in your price range. You may have to bite the bullet and put in a few features that would be “conspicuous by their absence” in your plans, even if you don’t want the items. Sometimes it’s a certain kind of roof shingle, or vaulted ceilings, or swimming pool, or jetted tub, or first floor master bedroom, or X number of car garage.

     Part of doing your owner-builder homework is determining the features that make your house fully competitive in your market. The difference in equity may not prove out until it comes time to sell, but to lock in your savings, you must make a product that is saleable at need. Make sure your features match up to your market.

     We did this by developing a list of possible features and having Realtors evaluate them over the phone in a very simple five-minute conversation. We asked them to give a number from one to ten with 10 being an absolute “must-have”. We averaged out the numbers. After that, the issue is planning your project to stay under budget with essential features intact.

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