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Updated over 7 years ago on . Most recent reply

BRRRR Rehab Options for Higher Appraisal
Most Popular Reply

What do you define as major work? How out of date is the property? Are the bathrooms current-looking with good fixtures? High impact work is kitchen and bathroom work but the kind of work that will get you a higher appraisal will cost more than just a coat of paint. Some easy things you can do is put new matching door hardware throughout the home, new bathroom fixtures, light fixtures, etc and paint. But I don’t know how much that will get you on an appraisal. Not nearly as much as a new bathroom or fully updated kitchen (new backslash, painted cabinets or new, granite countertop). Surprisingly, granite countertops are a big deal for appraisal value so if you don’t have that maybe consider adding. I always balked at the cost but an appraiser friend of mine who also flips says they are well worth the money.