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Episode 10: To Renovate or not, but Thou Shalt Neither “Flip or Flop”
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“There is no silver bullet to adding value to your house. All of the things that give you a list of ‘do this one thing’ – they are lies, and they are clickbait.” — Peter Matteson
On this episode of The Real Estate Mailbag presented by Wagon Wheel Title, our hosts and distinguished guests explore the topic of home renovations. Murn Roberts with the Morrell Property Collective at Compass, Jacob Jones with MW Real Estate and Peter Matteson, co-founder of Greenwood BAM, share the good, bad, and the upside down of buying, selling and actually doing home renovations with the focus on speculative renovations that are being offered for sale. Our panelists guide us through the analysis that goes into any renovation, and share with our listeners how they navigate the many decisions inherent in the remodeling process. Our guests also share their biggest mistakes, their home runs, and the criteria that now guide their decisions. Our guests candidly, and often humorously, share their hard-won insights and opinions, especially with respect to budgeting and return on investment, various current design trends, and why they love what they do even when it’s hard.
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