BG, I didn’t ask if the house got better, I asked if the street got better.
You said $100k+ for materials, but then add price include labor in your list of upgrades. Based on my personal experienced, labor is at least = the cost of materials. So, $100k+ in materials would be ~$200k installed. Do you still stand behind this statement?
[quote=bearishgurl]
I wouldn’t be surprised if the 2003 owners sunk 100K+ into the property in materials alone in ADDITION to labor costs and sales costs.[/quote]
BTW, you grossly over estimate the cost of the kitchen, considering how small it is and the amount of cabinets. With that amount of cabinets, I would say the cost of the kitchen should be around $20k include labor. $39k would be the cost of a kitchen 2x as big and use Cherry not Maple.
I can’t comment on the windows, since I don’t know exactly how many windows they replaced. You seem to know, may I ask how?
Also, we all can agree 2003 price is not that great of a price. We’re talking about 2000-2001 as the price to shoot for. I’m sure you also know this and ignore it, but you NEVER recoup 100% of the remodel cost. Even HGTV, who are as bullish as you can get, do not claim 100% return for remodeling.