Quote:
Originally Posted by grahambda
We are potentially looking at putting in a new driveway, do you think we would recover the cost when we come to sell the house or would it just make it more “appealing” but not impact the sale value?
|
It’s not about increasing value, it’s about not losing value. A new driveway might help sell the house at FMV but a poor driveway will definitely drive the final price downward. If the house is worth X, a new driveway will get you X but not necessarily X+. However, a driveway in poor condition will definitely get you X-. IMO.