Monday, January 24, 2011

Interesting Article

This is an interesting article that I read on yahoo- if you are in the business of house flipping projects or plan to upgrade your home in order to sell it later on.  Think twice before doing any home improvement projects.

http://financiallyfit.yahoo.com/finance/article-111886-8194-2-4-renovations-that-will-devalue-your-home?ywaad=ad0035&nc

It now made me think twice if it's worth to invest in a swimming pool in our side yard later on. It does make sense that the pool doesn't increase the house value that much - not even sure if the same amount of building one would be the same amount that would add to your home value. The going rate I hear from our neighbors right now is $100K with landscaping in the back and front, sideyards.  But we don't know what else to put in our side yard.

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