Talk of The Villages Florida - View Single Post - New roof and resale value
Thread: New roof and resale value
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Old 10-11-2024, 11:11 AM
retiredguy123 retiredguy123 is online now
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Assume that you have a house with a 15-year old roof that is worth $400K. Now, spend $20K on a new roof. Unfortunately, no one will pay you $420K for the house, and a bank appraiser will not increase the appraisal by $20K.