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Reply to "Renovating to raise appraisal value? "
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[quote=Anonymous]We bought a fixer upper, and plan to renovate and refinance to remove the PMI. The initial appraisal gave us a leg up at $50k higher than our purchase price, and we would like to raise it another 50k or so. HVAC is new, but the house is in desperate need of floors, kitchen, baths, decks, etc. What items really increase the appraisal value, and which don't matter? For example...for kitchens,do cabinet brands matter, or just appliances and counter tops? Is it more about quality or appeal? [/quote]
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