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Updated over 8 years ago on . Most recent reply

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Kevin B.
  • Trenton, NJ
5
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12
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No remodeling/updating projects worth it?

Kevin B.
  • Trenton, NJ
Posted

Wanted to throw this information out there and understand it further:

http://www.remodeling.hw.net/cost-vs-value/2016/

There's a number of articles on the web citing the above reference (saying do the top 4 in your area, and don't do the bottom 4, etc). However, effectively the returns for all of the updates are negative (except for 1 maybe, attic insulation), so the logical solution is to not do any remodeling prior to selling.

So if you're expected to pay retail to contractors, is it safe to say you should generally leave the property as is prior to sale?


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George P.
  • Property Manager
  • Livonia, MI
1,596
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George P.
  • Property Manager
  • Livonia, MI
Replied

entry door fiberglass - $3k?

roof replacement - $20k?

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