Updating a kitchen with all of the latest high-end materials like and cherry cabinets used to be a sure-fire way to improve a home, and its price on the market. Nowadays, however, home sellers are discovering that they might have taken on too many and priced themselves out of their neighborhood.
There is much more inventory on the market currently than there was during the real estate boom. For this reason, home buyers are less and less impressed with granite countertops and custom design work. However, for the sellers who have spent thousands with the hope that the improvements would help them sell their homes fast and for more money, a nightmare awaits. Upscale renovations are now returning roughly 70% of their initial costs, giving many home sellers a startling shock. Sellers who have thought their upgrades to be a sure thing are instead left wondering what went wrong.. But putting in high-end appliances and upgrades to your home does not instantly ensure a full recoup of the costs plus profit. There are other factors involved in a