Tag

return on investment

USA Today: ‘Brady Bunch’ Star Sells Malibu Home for $3.9 Million

Value is in the Land (Duh!) As both a Realtor and a self-confessed number cruncher, I couldn’t resist asking two questions after seeing the headline (above) in USA Today: One. What kind of annual return does that represent? To answer that, you (also) need to know that the actress Eve Plumb bought the 850 square...
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Now, THAT’s What I Call a Good Return on Investment!

Spending $500 to Make $35,000(!) Realtors are commonly asked to estimate how much $1 spent on staging, updating, or repairs will add to a home’s selling price. Here are the ranges I usually quote: Staging:  5:1 Updating: 2:1 Repairs:  3:1 But, the best return on investment I’ve ever heard about was the $500 a Twin Cities...
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“You Want Me to Paint WHAT?? WHERE?!?”

Cost-Effective (if Unorthodox) Home Prep It’s such standard real estate advice that it’s practically a cliché:  one of the best returns on investment for would-be Sellers about to put their home on the market is new paint and/or carpeting. Usually, though, that advice contemplates that the paint will go on the wall. In a Living...
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