“Grandma’s House” vs. “Grandpa’s House”

It’s not uncommon for agents to see homes marketed as a “Grandma’s house.”

Less usual:  homes marketed as a “Grandpa’s house.”

I’m not sure what the listing agent’s association for each type of home is, but here are mine (and I’m sure, many other Realtors’):

Grandma’s House:

–“Vintage” Kitchen with lots of old appliances (wall oven, mixer, etc.);
–Old(er) window treatments, floor coverings, and wallpaper;
–Wood paneling;
–Lots of pictures of grandchildren.

Grandpa’s House:

–Utility Room with a workbench;
–Garage with lots of “stuff” (stray engine parts, power tools, etc.);
–Wood paneling;
–Old(er) window treatments, floor coverings, and wallpaper.

Cosmetic Improvements = Instant Equity

While dated, such homes usually boast “pride of ownership” and are (very) well-maintained.

They also frequently spell opportunity for Buyers, who can create instant equity by doing such things as pulling up old carpeting and refinishing the hardwood floors underneath; skimcoating and then painting the wood paneling; swapping out old light fixtures for new; and removing old window treatments, wallpaper, etc.

Meanwhile, a home warranty is a good idea for any Buyer moving into a home with old(er) but still working appliances and mechanical’s.

See also, “Granny Flat?’ Try, ‘Boomerang Bungalow.‘”



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