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Updated over 2 years ago, 08/16/2022
Contact Paper Countertops - Are they fooling anyone?
I have a quadruplex under contract and am building a bid to confirm my numbers. I plan to cash-out refi in about 1 year to pull out my cash. I am considering using contact paper on the linoleum countertops to mimic granite. This is a Class C (maybe C-) property. From an appraisal perspective, would a refi appraiser (1) think this adds any value or (2) ever think that the countertop was actually granite? (I will also make other upgrades, like installing LVP flooring).