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    veryri1's Avatar
    veryri1 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Oct 11, 2008, 07:59 AM
    Added Value Of A Stone Terrace
    Recently added a $50,000 Stone Terrace to my home.
    How much does this add to my property value?
    rtw_travel's Avatar
    rtw_travel Posts: 347, Reputation: 36
    Full Member
    		  
    #2

    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's Avatar
    amricca Posts: 851, Reputation: 92
    Senior Member
    		  
    #3

    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's Avatar
    ballengerb1 Posts: 27,378, Reputation: 2280
    Home Repair & Remodeling Expert
    		  
    #4

    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.
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