If you remodel a home and remove plaster walls do you depreciate the value of the house?
carrawolfe asked:
I am currently thinking about remodeling my home (built in 1941) and removing plaster walls and replacing them with drywall/sheetrock. A friend has said that if I remove the plaster walls, that the value of the house will drop. Has anyone heard this and if so, why would that be when I’m improving the home.
I am currently thinking about remodeling my home (built in 1941) and removing plaster walls and replacing them with drywall/sheetrock. A friend has said that if I remove the plaster walls, that the value of the house will drop. Has anyone heard this and if so, why would that be when I’m improving the home.
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Plaster walls do not determine home value. Home vaule is determined by the average sale of similar homes in your area. Rock away! [who]
It depends, if the plaster is still in great condition and has features built in like arches or raised designs in the walls or ceilings, it may have more value. Otherwise it has no more appeal than modern sheetrock. [who]
Most buyers would prefer a house with insulated drywall installed. If done correctly, I would suggest it would improve the value. You may wish to up-grade the electrical wiring while you are in the process. Most houses in that age group do not have grounded circuits or outlets. [who]
No. However if they arein good shape, why would you mess with them? I remodeled a house with plaster walls and I left as many in place as I could and only removed what I had too. I tore out several walls. Unless they are falling down, leave them be. [who]
Everything depends on how it looks when you’re done. Crappy job, depreciated. Great job, no change, depending on how bad it was when you started. [who]