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Sunday, October 3, 2010

6 Things You Think Add Value to Your Home -- But Really Don't

You can call some of these items bubble improvements.
  1. Swimming Pools
  2. Overbuilding for the Neighborhood
  3. Extensive Landscaping
  4. High-End Upgrades
  5. Wall-to-Wall Carpeting (call me old-fashion I like hard wood floors)
  6. Invisible Improvements


The Bottom Line
It is difficult to imagine spending thousands of dollars on a home-improvement project that will not be reflected in the home's value when it comes time to sell. There is no simple equation for determining which projects will garner the highest return, or the most bang for your buck. Some of this depends on the local market and even the age and style of the house. Homeowners frequently must choose between an improvement that they would really love to have (the in-ground swimming pool) and one that would prove to be a better investment.

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