Whether the paint spec should be the same in a 180k house and a 340k house
Compare two finished cosmetic flips in the same metro, different price bands, with nearly identical material specs. Same builder white on the walls, same LVP, same brushed nickel package, same quartz remnant counters. One sells in 11 days, one sits 68 and takes a price cut. The question worth resolving is whether a standard flip package is a discipline or a trap. The case for one spec across everything is real. Buying in volume means a crew installs the same product every time with no learning curve, and estimating stays accurate because the line items never change. Scope control is the main defense of margin at 25 percent gross returns, and a fixed spec is scope control in physical form. Every deviation becomes a decision, and decisions are where budgets erode. The case against is that a buyer at 340 is comparing the house to other renovated inventory and can spot the entry-level version of everything. At 180, the same house is the nicest thing they've looked at all weekend. Same package, two completely different competitive positions. The counter to that is nobody buys a house for the faucet, and a 68 day listing more likely sat on layout or price than hardware. Without a large enough sample to know which effect dominates, the useful question for the room is who has specced up and gotten paid for it, and who hasn't.
Should finish spec change with the price band?
15 votes