home values: Over Improving Your Home - 10/28/09 07:37 AM
QUESTION: Does granite countertops and ceramic & wood floors add value to your home?
ANSWER: These upgrades will enhance your home's appeal and will help it sell more quickly, but adds little value if your home is valued under $300,000.  The market definitely penalizes you for the lack of these upgrades if your home is valued over $300,000.  Homes in the $400,000 and up price range HAVE to have these features.  
A client of mine who flips houses in the $100,000-$125,000 range has found that upgrading his houses with these luxury amenities added a little more cost to what he … (2 comments)