Love It or List It : The "Increased Value"
Re: The "Increased Value"
I've noticed that as well.
Re: The "Increased Value"
I was just coming on here to post the same thing. It might be the new value but it's not equity to the homeowner.
Re: The 'Increased Value'
There's nothing funny about the math. Sometimes you get a dollar for dollar reno value, sometimes you get more value than you spent. Obviously if the reno goes poorly or there are major issues, you might end up with less than you spent. This show will always guve you at least a dollar for dollar reno value.
Re: The "Increased Value"
Which is fine, but it's just not that impressive for all the headaches involved in a reno.
I'd say that's a matter of perspective. Some of these families have waited years for their reno, for one reason or another. It might've been totally worth it just to finally get it all done.
So many stories, so little time.
The "Increased Value"
Well, technically, yes. But they spent $100K to get there, so it's really only a $15K increase for the homeowners. Which is fine, but it's just not that impressive for all the headaches involved in a reno. I guess that's a quibble compared to some other complaints people have (I'm thinking of the pending lawsuit against the production company).