Home Improvement 4 House Value; Mistakes Part Six
Good morning! We talked about High Tech House Wrecks in Part Five of Home Improvement for House Value, this morning I'd like to talk a little bit about adding "special purpose rooms".
"Special Purpose" Rooms
Many people have the impression that additional rooms naturally increases house value, well, not necessarily. My business partner and I work with not only a lot of first time buyers interested in Southern Ohio real estate, we also work with a lot of investors when these clients finish their work some turn around and want to sell.
I can tell you firmly, if you're going to add rooms, but you're intention is to sell at a profit down the road, stick with kitchens, bathrooms and if needed, bedrooms.
Again, this series of posts is for those that want to buy now and sell the home down the road for more money, but if you intend on living in the home that's also an investment you have to consider how long you'll live there, and what it c... read full post