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Updated almost 8 years ago on . Most recent reply

User Stats

23
Posts
10
Votes
Steve Cady
  • Investor
  • Elk Grove Village, IL
10
Votes |
23
Posts

To driveway or not to driveway. That is the question.

Steve Cady
  • Investor
  • Elk Grove Village, IL
Posted

I getting close to finishing up the rehab on my first flip.  So far I am within budget except possibly for one thing.  The driveway is in desperate need of repair to the point where patching may not be an option.  My question is do I spend the money to replace it not knowing if I will be able to recover that money or do I give it a new coat of blacktop and use that as a negotiating item with a potential buyer.  Knowing the estimate to replace it, as long as don't have to drop the price as much as the replacement would cost, I consider that coming out ahead.

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