How to maximize the resale value of your home
Paul Kedrosky at Infectious Greed and Tyler Cowen at Marginal Revolution link to a recent study on the resale returns to different types of home renovations. Cowen's summary?
- "Many of these amenities sell for more than what they cost to install. So the bottom line here supports the conventional wisdom of the trade. People don't fix up their homes enough before selling them."
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