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Remodeling May or May Not Increase Home Value
Home improvements involve many variables says Stephen Hanway an appraiser with Hanway Appraisal P.C. in Marshall Michigan. He notes value depends on the improvement type home size neighborhood and market conditions and emphasizes permits and proper documentation. He warns against overimprovement and explains how resale value may lag behind cost unless the home fits the surrounding market.
MENTIONED IN THIS ARTICLE
Stephen Hanway
Marshall
Hanway Appraisal P.C
Hanway
Michigan