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Real Estate
Reply to "Renovating a "shithouse""
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[quote=Anonymous][quote=Anonymous]There is almost never a return on investment on renovations, that is like personal finance 101. You can expect some percentage on the dollar but really gauge your timeline and make the place comfortable. And honestly for an older house 150k is a pretty meager price to work with especially with environmental issues of older homes. So you wil be fine, just enjoy the renovation as consumption and don't fool yourself that it is investment (thata where over improvement comes in). [/quote] The best ROI is on this website, nothing gives you 100% and the low end options gives you better results And get this, the best ROI at 92.2% is... (drum roll).... A crappy steel front door Next is a wood deck at 83.4% http://www.remodeling.hw.net/2013/costvsvalue/division/south-atlantic/city/washington--dc.aspx[/quote]
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