Here is a house that just sold for $83,500 and the tax assessor had it appraised at $65,500. Why did it sell for 1/3 over the tax assessors appraisal? Because it was redone nicely. First, it has great curb appeal. Next the interior was repainted a soft, bright, cheery creme color. New light fixtures make the interior as nice as a new house. The built in bookshelves really help also. Look at the tile floor in the kitchen. These are the cheap less than a dollar type but still look fantastic. The countertop is new but the cabinets are older but in good condition. This seller did well. I would estimate that these renovations were done for around $5000. Great job. Remember, value sells.
