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Do the inner upgrades that we have done to our site help us with our appraised value?

by uikhjg23462 from East Lyme, Florida. Feb 21st 2018 Reply


William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

The short answer is yes.. Typically, if you upgrade your home it will have a positive affect on your value.. but understand, you usually don't get a dollar for dollar improvement.. meaning if you spend $30K on a new kitchen, it wont necessary raise the value of your home $30K.. but you might see a $20K to $25K increase.. another example would be if your home has dark wood floors, but you like light wood floors, and you decide to spend $10K in replacing them, you might not see any value increase since you changed like for like materials.. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / RPM Mortgage NMLS 1541014 / AZMB0121893

Feb 23rd 2018
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