Don't over-improve your condo for todays market when renovating
Posted by Allison Simson on Thursday, July 31, 2008 at 12:00 AM By Allison Simson / July 31, 2008 Comment
Question: We have owned our Dillon condo for almost 15 years. It is definitely time to do some renovations. We don’t want to over-improve it for the market. Please advise.
Answer: It is important to know how much your condominiums is worth, even if you don’t plan to sell it. This information will help assist you in developing an overall financial plan, including making sure that you maintain proper insurance coverage.
If you are concerned about over-improving your property, knowing its value can help you make an informed decision about renovations that you may be considering.
A professional Realtor can provide you with an analysis of your property’s value, including the recent sales prices of similar condominiums in the area.
For answers to your real estate questions, call Allison at 970-468-6800. Email - [email protected]. Allison is a long time local in Summit County. Summit Real Estate – The Simson/Nenninger Team is located at the Dillon Ridge Marketplace. Allison’s long-time residency and years of real estate experience can help you make the most of any buying or selling situation. She’s a Certified Residential Specialist (CRS), the highest designation awarded to a Realtor in the residential sales field. Her philosophy is simple, whether buying or selling, she understands that the most important real estate transaction is yours. Want to know the value of your Summit County property? Visit www.SummitHomeValue.com