Tuesday, 5 February 2013

Shopping for floor tiles


I got lucky with the tiles, my local DIY shop was clearing out their tile display to make room for a new one and were selling off tiles at £3 a box for 10! I took every box they had of two particular types, some for the kitchen, some for the bathroom, everything I needed for £187. They're not the best quality tiles in the world by any stretch of the imagination but tiles are something you can go utterly crazy on and blow your budget royally if your not careful. Its very temping when developing to choose the tiles that you like yourself or worst still choose the ones on the amazing displays in the shop but what looks good in the 40sq foot bathroom display in the high end designers showroom is going to look pretentious in a tiny terrace and will still cost you a tidy packet. Kitchens and bathrooms are a big danger zone when your developing. Of course the simple hot and cold small single tap looks nothing next to the great big shiny £600 designer one but its a question of self discipline. You have to take your designer head off and put your business one on. Your house has a ceiling price, that is what it will be worth when you sell it. Take the price that you bought it for away from the ceiling price that your house will fetch once its all done and your left with a figure. Out of that figure will come how much it has cost you to do the all of the work and whats left is your profit. If your like me your wanting to make as much profit as possible so that developing figure needs to be as low as you can get it without compromising on the overall finish.What I mean by that is that theres a standard of developing that fits each house, if you have a small terrace like Ambleside you wouldn't put in granite floor tiles, a house at that price level just simply doesn't warrant it. The people who come to buy that kind of house won't be expecting it, they'd be thrilled to bits of course and you won't see bigger smiles as they skip round but it won't influence their decision on how much money they would pay for the overall house. However if the buyers where looking for a higher end house, say a five bedroom family home and they walked into the kitchen and were met by cheep lino then that would make a difference and they would immediately be calculating what a new floor would cost them to put in. If this were to happen in several areas of the house then they would be looking to reduce their offer to cover the work that they would feel they had to do to bring the house up to standard. Its a tricky area of property developing and the one that a lot of people fall down on, its worth setting a firm budget before you even start the work for each room of the house and trying your darnedest to stick to it. You can visit a few houses that are on the market which are the same as yours just to get a picture of what that standard is if your not sure but don't fall into the trap of thinking "if I make my house look a million dollars than the buyers will want mine rather than the ones I've seen" They will but the benefit will be all theirs, you won't end up with a million dollars in your pocket, your pockets will be empty! Worst still the house will be so 'you' that you won't want to leave and won't be able to afford to leave anyway as you'll have no money to put into a new house.I know that all sounds dramatic and a bit preachy but I've done it. Sarah Beeny would be very cross with us!

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