Quote:
Originally Posted by ryeguy252
Looking at working with a home builder to build a townhome. It is about 1300sq ft + 600sq ft developed basement.
Is it worth the upgrades? ie. worth the upgrade for potential future resale?
Ensuite floor heating, tankless water heater, central vacuum (although I feel a dyson can do the job), carpet or laminate in basement? (price is negligible).
Thank guys!
|
You will not get good value on resale in a townhouse condo.
All people are going to care about is the comp's.
If your complex has dozens of units that are all similar (with varying levels of 'upgrades') they will all sell for similar prices. Your upgraded unit might sell quicker, have more viewings and it might sell for a little bit more (if you can find the correct buyers) but $50k in upgrades will not mean $50k+ in added value when you go to sell it.
Now if you 'want' upgrades then do them. But $5k for in-floor heating in the bathrooms will not equal >$5k when you go to sell.