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Thursday, July 08, 2010

Don't Get so "Wowed" By a Property that You Overlook the Details!

“Wood” you pay the same for a house with “wood” floors regardless of type of “wood?”  I bet you “wood” not.

I see many listings wherein the narrative comments identify the flooring as “wood” floors.  But there is a difference in "wood" floors although they may all look like “wood.”  [Disclaimer:  cheap laminate looks like cheap laminate!]

Some floors are hardwood.  Some are engineered wood. Some are wood laminate.  Know the difference and don’t get “woo’d” by thinking you are getting wood when you aren't!

If the property is advertised as wood, get the facts.  Find out when it was installed; where it was purchased; the warranty information, if any; and if it has been refinished (limits on how many times can be refinished).  Lastly,  evaluate the replacement cost as well as the remaining life of the flooring. [You should take the same approach with other flooring materials as well.]

Understand the terminology like composite wood and man-made wood.  Understand the maintenance requirements.

With flooring, as well as counter surfaces, pools, and other upgrades, consider whether it is consistent with the neighborhood.  Paying for over improvements to a property is not in a buyer's best interest!

Don't get so wowed by a property that you overlook the details!

Gary L. Waters PLLC, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida serving Florida's Space Coast including the cities and communities of Melbourne, Viera, Rockledge, Suntree, Merritt Island, Cocoa Beach and the surrounding region.

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