Reply by derosa

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Posted on Home appraisals and additions/remodels values

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1572 posts in 2804 days

#1 posted 09-01-2011 01:37 AM

As others have said, it varies a lot. My parents home is lakefront and way better then any of the surrounding neighbors who are all just far away enough to not overly effect the value. Someone with money will pay lots more for the nicest looking house with the best upgrades on lakefront. For my house in the city, some minor upgrades are all that is needed to see to it that my house will continue to be one of the most valuable on the street. Even tearing down the house and building all new one would probably only get me 90k instead of 80k since mine is already at the top of what is a low value marketplace.

-- --Rev. Russ in NY-- A posse ad esse

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