Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

12
Posts
5
Votes
Kevin B.
  • Trenton, NJ
5
Votes |
12
Posts

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?


Most Popular Reply

User Stats

4,079
Posts
1,596
Votes
George P.
  • Property Manager
  • Livonia, MI
1,596
Votes |
4,079
Posts
George P.
  • Property Manager
  • Livonia, MI
Replied

entry door fiberglass - $3k?

roof replacement - $20k?

Loading replies...