On Tue, 11 Dec 2007 11:23:22 -0500, "Dee.Dee" >
wrote:

>
>"Lou Decruss" > wrote in message
.. .

>> That depends on the neighborhood, what the house looks like to begin
>> with, and the current market. The kitchen in the house we sold 6
>> months ago had a rather outdated kitchen. We asked several different
>> realtors what we should do with the kitchen. They all said "nothing,
>> you'll lose every penny you put in it."
>>
>> Lou

>Did you agree with the realtors after you sold it?

Absolutely.

> Lots of times people like to do their kitchen in their own style.

Yep.

>We redid minimally a kitchen in 1993, bought medium-end cabinets and
>formica - it already had nice wood floors. DH did all the installation. It
>did look better than previously. The persons who bought it loved it! The
>kitchen was not good previously. Prices had gone up so much that we sold
>the house for exactly double what he had bought it for 5 years previously.
>I feel that we got that price in part because of the kitchen.

Real Estate is in a "correction" period at the moment. That's why I
mentioned market, and neighborhood. We were already priced at the
high end of the neighborhood. The days of doubling your money in 5
years are over. There's just too many houses on the market now. We
paid 187 for it and got 250, and feel lucky we got that because we
didn't want to be there anymore. That was in 5 years also. Realtors
said a bathroom in the basement might improve the traffic looking at
the house, but the increase in the selling price wasn't even close to
the hassle and cost of tearing up the concrete. We're happy. Glad
your deal went so well.

Lou