06-02-2009, 12:30 PM
9K for a total kitchen remodel is pretty good. Updating something in an aged home is a real good selling point.
A couple of points though
- Look into Silestone rather than Granite. It looks the same but granite requires sealing every 6 months and is succeptable to heat discoloration. Silestone does not need to be sealed, is naturally anti-bacterial, and is heat resistant.
- If you only put 3.5% down, you are most likely paying PMI (mortgage insurance), unless you did an 80/20 loan. PMI is money that gets flushed down the toilet until you officially own 20% of the home.
- For appliances, Kenmore Elite/GE Profile are really good. You may not get full value out of them in resale however if the price range of the condos will not support it.
A couple of points though
- Look into Silestone rather than Granite. It looks the same but granite requires sealing every 6 months and is succeptable to heat discoloration. Silestone does not need to be sealed, is naturally anti-bacterial, and is heat resistant.
- If you only put 3.5% down, you are most likely paying PMI (mortgage insurance), unless you did an 80/20 loan. PMI is money that gets flushed down the toilet until you officially own 20% of the home.
- For appliances, Kenmore Elite/GE Profile are really good. You may not get full value out of them in resale however if the price range of the condos will not support it.