I was walking around the Country Hills area of Brea today farming the area with John (my partner). As we were dropping off some market update on door hangers, we noticed a house that desperately needed some TLC. John was saying that this place would need tens of thousands of dollars to be in good enough condition to sell in this market. I agreed that maybe a new garage door would make a big difference in the curb appeal, but I suggested that most buyers can barely afford $600,000 for a house now that sub-prime loans have been harder and harder to get, so perhaps a house like this would sell better if the owners just tried to sell at a lower price. However, this may have a negative impact on the market value of this beautiful area of Brea. Considering many upgrades only get about 75% return, what's the best suggestion for a property that needs some TLC? Use equity to beautify the property, or just sell it like it is at a lower price?