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Updated about 3 years ago on . Most recent reply
Impact of new vinyl siding vs. painting existing on ARV
Hi All - in the process of rehabbing a property that I will plan to cash out refi once done. I've got an option to scrape & paint the current siding for $6K (I believe it's wood), vs. do new vinyl siding for about $15-16K. Not clear if the ROI is there on vinyl siding to bump the ARV vs. just painting, and would be curious on others opinion. The property is in Muskegon, Michigan, which can have some harsh winter weather.
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Drew Sygit
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Drew Sygit
#5 All Forums Contributor
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- Royal Oak, MI
Appears you are planning to rent it.
If so, then delay any major capital expenditures that won't have an impact on rental income.
Best to do major capital expenditures, if possible, right before you sell.
- Drew Sygit
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Logical Property Management.
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