On Tue, 11 Dec 2007 23:42:42 -0500, Goomba38 >
wrote:

>Lou Decruss wrote:
>
>>> Perhaps not but I can't think of any decorating or home repair show that
>>> goes out of their way to ever use Formica anymore? They all talk about
>>> ripping out substandard styled kitchen counters and getting granite or
>>> whatever.....? Supposedly almost every penny put into a good kitchen
>>> makeover will come back to you, perhaps 1.5 to 2 times so even.
>>
>> 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 months ago had a rather outdated kitchen.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
>
>Odd and contrary to everything I read or see about home renovations.
>Could it be for another reason such as overpricing the house above what
>the neighborhood can stand?

Exactly. This house was in a lower middle class neighborhood.
Upgraded counter tops might have helped the house sell faster, but
would have had no influence on the price.

lou