We recently sold our condo in South Florida which had been rented out for over two years. In 2010 we ripped out the old carpet and put in neutral tile flooring. We were warned about spending money on upgrades, but when we put it on the market to sell recently it sold within five days. We figure that the $5K we spent returned to us at least $15K plus the selling price was higher than any experienced there in a couple years. I just think you have to be selective about what you do.
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