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Hmmmm ...

Posted by Jay J -Moderator on February 13th, 2001 08:26 PM
In reply to RESALES VALUES FOR REMODELING-REALESTATE AGENT by RICH on February 13th, 2001 05:49 PM [Go to top of thread]

Kinda like asking the fix if he'd mind watching the chicken house ...

I'd have to respectfully differ. Real Estate Agents, of course, would want a prospective Seller to make all kinds of improvements to a home, cosmetic or otherwise. This helps to sell a home BUT doesn't necessarily help the Seller in recouping the remodeling costs. I'd like to know 1 home improvement that instantly adds Value to a home where the COST of the improvement is guaranteed. From my experience, the improvement needs to appreciate with the house which 'takes time'.

In other words, if you spent $40,000 for an addition on your home where you added a Family Room, a Home Office, and a Deck, you're saying that you'll get $40,000 (or more) added to the 'old price' of the house??? If so, it's a first for me!

Jay J -Moderator

PS: You're right about what a Realtor knows ('... what the public wants and exactly what sells.') I'm just not sure what that has to do with what the Public is willing to SPEND ...

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