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It depends how you look at it. I see it as a way of guiding which projects ROI the best. If you're doing remodeling/renovations, and are in between upgrading your garage to a heated and cooled mancave with a heated floor, and upgrading the master bathroom, you should know where your money is best spent.
I had a relative that was trying to buy a property and ended up at loggerheads because the guy had a Garagemajhal and it wasn't really accounted for in the appraisal. The appraiser rightly said that it was basically a place to park stuff. The owner had it plumbed, insulated, and heated with a heated floor, maybe $100K into it, and saw little return on his investment beyond the pole barn value of the structure.
The only way you can increase your home's value by 35% is if you are starting with a house that needs serious updating or is in very bad repair. That would be to bring it up to market value. It doesn't matter what you do, you won't increase any place to 35% over market value.
The market might possibly go up by 35%, but the individual home owner has no control over that.
I did look at the list, though, because I am building this spring and am checking to see what is considered a necessity right now.
I've been increasingly disappointed in Consumer Reports over the past five years or so -- and I've been reading it since I was in junior high -- but this tops 'em all.
I've been increasingly disappointed in Consumer Reports over the past five years or so -- and I've been reading it since I was in junior high -- but this tops 'em all.
Same here.
I guess it is hard to support a dry topic without fluff articles, but it is sad compared to CU from years ago.
I went back to reread it last night. It still was not any better.
They did tell the consumer to shop for Agent discounts. Nowhere did they mention quality of service.
Yes, that is their second time, at least, to advise shopping for lower prices.
I don't really care, but CU should learn some real estate basics before publishing a lot of stupid stuff and saying, "Get a Deal!"
Sounds like an ad for "Love it or List it". Absolutely laugh at how much they think they added value to the home.
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