robphelan
Diamond Member
- Aug 28, 2003
- 4,084
- 17
- 81
we just refi'd our house.. bought in 2003 for 169k, appraised in 2007 for 230k, and just now appraised for 224k.
I asked the appraiser what we could do to bring up the value - he said not much other than granite counter tops, but he personally wouldn't do anything unless we wanted to stay in the house for a few years. The smallish upgrades we could afford would not add much to the appraisal, but he offered that it might increase our day-to-day happiness..
you have to balance that expenditure with the return (resale value and/or day-to-day happiness).
I asked the appraiser what we could do to bring up the value - he said not much other than granite counter tops, but he personally wouldn't do anything unless we wanted to stay in the house for a few years. The smallish upgrades we could afford would not add much to the appraisal, but he offered that it might increase our day-to-day happiness..
you have to balance that expenditure with the return (resale value and/or day-to-day happiness).