[quote=bearishgurl]I never stated anywhere that sellers should recoup ALL of their improvements. The “cosmetic improvements” on the subject we’re discussion here claimed in the listing detail to have been completed in the last 3 years. It is obvious that these particular sellers recouped little to NOTHING from any “cosmetic” and other investments they made.[/quote]
This particular example, you’re right, the last buyer recouped little to nothing from the cosmetic upgrades. However, that’s because they overpaid in the first place. If that buyer never existed and the 2003 buyer did the same upgrade, then the sold price would say they recoup most if not all of the cost. You did say it is 20% better than it was in 2003, which mean the upgrade would have 100% ROI, since it sold for 20% above 2003 price without the upgrades.
