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Reply by a1Jim

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Posted on Home appraisals and additions/remodels values

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a1Jim

112806 posts in 2321 days


#1 posted 09-01-2011 01:49 AM

Having been a Realtor,a contractor and investor of real estate , I feel that a lot of the old rules for adding value to our homes are no longer in effect given the present day market conditions so I’m afraid your friend is correct. Home prices in most areas have declined sharply and many have lost 50% of there value. I have always felt that a homes improvement should please the people who live in the home first and then look to the homes value, of course we all have to make improvements that make sense for our own economic situation.

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