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Old 12-12-2019, 12:46 PM
vintageogauge vintageogauge is offline
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Quote:
Originally Posted by blueash View Post
Be a bit careful when comparing new home prices with resale prices. It is entirely possible the original owner spent big money on a pool, granite, bird cages, driveway, landscaping etc... and that the cost of those upgrades is what you are seeing in the resale price rather than appreciation of the original structure.
Agree with Gracie, when I stated the homes have had profits of 6 figures I know the owners personally and deducted the improvements that were made ending up with a true 6 figure profit.