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Updated about 5 years ago on . Most recent reply

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Sebastien Carriere
  • San Diego, CA
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Do condo upgrades appreciate property value similar to SFH?

Sebastien Carriere
  • San Diego, CA
Posted

Generally speaking, do upgrades such as kitchen remodeling, flooring, and bathroom remodeling cause the same forced appreciation as single family homes or similar properties?

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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

Its not a given by any means that they force appreciation in SFH's.

The market speaks to us on these topics, we just need to know how to listen.

Every SFH neighborhood, every condo building will be different.

You need to look at the comparable sales for either to see if there is a price difference between dated and rehabbed. There might be....or there might not be.

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