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Real Estate
Reply to "Mt Prospect in North Potomac"
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[quote=Anonymous]One consideration when choosing upgrades is the location and comp market. In areas this far out where people are stretching to buy the basic house, most buyers choose fewer upgrades. This results in houses with cheaper finishes and fewer amenities but when time comes to sell your house your comps will be those with the cheap finishes. You are unlikely to get anywhere near what you paid in upgrades because your comp market doesn't have them. If you sell many years later, its a double hit because you are still within comps for houses that have cheap choices and your expensive ones look dated. Choose only the upgrades that you can not live without and be ready to not see any return the dollar. [/quote]
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