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Home Improvement, Design, and Decorating
Reply to "Renovating to raise appraisal value? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Brands, countertops, etc. have no affect on appraisal value. All that matters is the number of bedrooms and bathrooms above grade, the amount of space overall, the lot value and how those things compare to similar properties that have sold recently. Finishes don't matter, although new systems will get you brownie points.[/quote] We haven't had an appraisal since we moved in 13 years ago, but I can't imagine that a kitchen remodel doesn't increase house value. A house with 20 year old cabinets, white appliances, and laminate counters can't possibly appraise the same as the neighbors house with new cabinets, stainless appliances, and granite countertops. [/quote] I've never seen more than a 10k bump for a kitchen Reno and you know they all cost more than that. [/quote]
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