Home Buying Advice - How Home Improvements Affect Offer Price
If the home you want to make an offer on has been improved how will this impact your offer price.
How Home Improvements Affect Offer Price
If the home you are interested in has made improvements, then this should be taken into account. Minor changes can be ignored but if the kitchen has been totally remodeled, a new bedroom has been added, a master bathroom has been added or any other major changes have occurred then this should impact the homes valuation and thus your offer price.
Of course some changes impact the value more than others and there are also different standards/quality of improvements (for example, granite counter tops will add more value than other types of surfaces). Your Realtor can advice you on which improvements to take into account.Return to Home Buying Advice