Home improvement projects that reportedly don’t pay off at resale
But not every project is going to yield a commensurate increase in your property’s value. “Dollars into a home doesn’t always translate into dollars out,’’ said Dana Bull, a real estate investor and realtor with Sagan Harborside Sotheby’s International Realty in Marblehead.
That’s particularly true if the money is spent addressing structural issues or other basic features that buyers will generally take for granted, Bull said. Such updates are certainly important, but they’re merely getting you back to square one. “Buyers expect a home that is structurally sound and free of safety issues,’’ she said. “So just because you sink money into repairing a rotted sill doesn’t necessarily mean you will make that money back in a sale.’’
https://realestate.boston.com/home-i...ay-off-resale/
Home improvement projects that reportedly don’t pay off at resale
Thanks all. Yeah no toilet here, lol.
I have a love hate with home projects. My kids know they can hear a few choice words when I’m wrenching in the garage or working on the house.