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Updated almost 4 years ago on . Most recent reply

User Stats

63
Posts
12
Votes
Shedrick Archangel
  • Rental Property Investor
  • Dallas, TX
12
Votes |
63
Posts

Force appreciation using BRRRR

Shedrick Archangel
  • Rental Property Investor
  • Dallas, TX
Posted

How can I increase the value of a house that I purchased? The house was a cash purchase. At the time of purchase, it was a 2bedroom and 1 bathroom. However, I installed new vinyl flooring throughout, updated electrical panel, new light fixtures, upgraded appliances, upgraded the restroom. In addition, built another bedroom which includes a half bath. Also, the house has a new roof. What else can I do to increase the value while staying within the market area?

Most Popular Reply

User Stats

360
Posts
323
Votes
Ryan Cleary
  • Real Estate Agent
  • Saint Lucie, FL
323
Votes |
360
Posts
Ryan Cleary
  • Real Estate Agent
  • Saint Lucie, FL
Replied

It really depends on how much of a discount you received on the purchase.  If you paid fair market value then you can only do so many repairs before capping your appreciation.  It sounds like you have done a great job trying to grab as much as possible already.

  • Ryan Cleary
  • [email protected]
  • 561-850-8229
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