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View Full Version : Added Value Of A Stone Terrace


veryri1
Oct 11, 2008, 07:59 AM
Recently added a $50,000 Stone Terrace to my home.
How much does this add to my property value?

rtw_travel
Oct 13, 2008, 05:54 PM
I think that's impossible for us on this list to answer. Ask a local realtor, or someone familiar with the market in your area for an opinion.

amricca
Oct 14, 2008, 07:02 AM
I agree with rtw, to answer this would be nearly impossible. If it was professionally done and the quality is good, it should have raised the value by $50,000 at least in theory. You should get a professional appraisal done if you want to know your homes value.

ballengerb1
Oct 14, 2008, 09:15 AM
I agree, only a real estate appraiser could tell for sure. Sometimes a project is too big for the neighborhood and you price yourself out of the market. If you added a $50K terrace to a $200,000 home you would be lucky to get $15K added value.