CAR, I know you won’t be selling any year soon, but I think you might be surprised if you were to obtain a current appraisal. Quality remodeling is actually WORTH something in areas which are more than 15 years old (not sure if yours is). It seems the vast majority of today’s buyers want “turnkey” property and are willing to pay for that. Hence the continued (irrationally exuberant) interest in *new construction tracts* by the younger cohort of Gen X, as well as Gen Y. This appears to be true, no matter WHERE these new tracts are located (i.e. adjacent to fmr landfill, out in lizardland, in boxed-in warm inland area, etc).
Truly, you have the best of all worlds … location, lot size and extensive updating! It doesn’t get any better than that!
