Knotty Pine

[KenRossman]

Working on a Valley Stream relo appraisal (20's colonial on 40' W lot). Subject interior more than 60% knotty pine or dark paneling (still pretty good condition) over plaster. Would you hit it for interior appeal/decor? if so how much? Tia, Ken

 

[Rice Brewer]

Heavens no. Some people will pay big time for that old wood and is akin to what we see in historical housing / districts. Either one wants to live in a historical house or one doesn't. Those that do, REALLY do and are willing to pay premium $ for that priveldge.

Of course, it can come close to placing a value on an individual preference rather than how a typical market participant would react.

<edit> Just realized that it was not original knotty pine but, rather, was over plaster. That, as they say, is a different shade of crayon.

 

[Mike Kennedy]

1950-EARLY 70S wood / prob cost of interior paint job as need..........IF similar props have been contemporized. if Victorian - prob wouldnt hit it all .....dark is good! often preferred!. so ........as always........"depends".

 

[The Warrior Monk]

The knotty pine probably isn't a problem if it the tongue-and-groove planks. Our old house (cottage built in the 1950's) had that. It was stained dark, but we painted over it and is made all the difference in the world.

The paneling (I assume you mean the 4x8 sheet type) may be a different story. A paint job over that simply makes it look like painted paneling.

 

[Tony V]

Ken...maybe you should check with a broker or two...the Knotty Pine might be highly desirable....especially in a 1920's dwelling.

 

[Kevin Mc]

Tongue and Groove is in again.....

and although it isn't my taste, some folks like it and are actually installing it again. Take a walk through Lowes and there it is for the buying. If however it is paneling I typically don't make an adjustement but I will keep it in mind when viewing the value range and would keep it towards the lower end. Paneling is easily removed, the question is what kind of shape the plaster walls beneath it are in, they are a nightmare to take down.

 

[Joker]

I know of a high end house near mine that the owners are installing it on the walls and ceiling, as well as the porch ceilings. The interior doors are 6 panel knotty pine. Faux cedar beams are being installed as well. And I assure you that they are paying a premium for this. It's acceptable in many markets and as was mentioned earlier, it's often at a premium. Have you priced a log home in the mountains lately?

 

[KenRossman]

I guess I'm out voted

FWIW, this is no historical victorian. It's a typical short lot bunker colonial built in th 1920's, like most of the surrounding area. Knotty pine is mostly circa 1950's - haven't seen any new installtions of the stuff. It's in most of the rooms. The house has been listed for a while and is at the low end of the spectrum, otherwise superior to recent sales at or near it's list price and lower than other current listings yet remains unsold & no offers. I'll mull it over some, but still think I'm gonna hit it for the knotty pine.

 

[Kevin Mc]

Well its obvious......

We all know exactly the type of home(and rooms) you are talking about and given that Valley Stream is more of a starter home area these days it is obviously affecting the marketability. Just appraised a home in Lido where the kitchen was completely redone in tongue and groove maple....gorgeous stuff...but those old knotty pine bedrooms can certainly throw a pale feeling.