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how much money do we put into this house?

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June 28 2010 - Reynoldsburg
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Answers (3)

A very prudent amount.

Test the market prior to investing in remodeling.

Keep your maintenance up and current.

Add what you want if you are planning to live in the home the next 5 years or so.

Consult with a Realtor© when in doubt.

Good Luck!

James Callas - Realtor®
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June 29 2010
If you really want to know then ask for an appraisal based on the proposed improvements. If the appraiser who did the appraisal when you bought the property is local then that might be a good place to start. One way to gauge would be to look at the tax records of your neighbors who have the improvements you have in mind. Another way is to have your Realtor find comps in your area of properties with the improvements you have in mind. Sounds like you don't want to overdo it, so you need facts. best of luck
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June 28 2010
don't make the house the most expensive one on the street.  Get estimates.  consider DIY for simple things.  Remember that you use after tax dollars when you pay someone else to do things for you.
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June 28 2010
 
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how much money do we put into this house?
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June 29 2010 | 3 answers
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