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Small Upgrades = Big Return RISMEDIA, July 28 -- Nearly 2 million North American home owners are trying to sell their homes this month, but many don't realize they won't recoup money spent recently on big-ticket improvements. HomeGain surveyed real estate agents nationwide and learned that moderately priced home improvements, ranging from $80 to $2,800, made in preparation for sale actually yield the highest returns when a house is sold. Based on responses from 2,000 agents throughout the United States, HomeGain developed a Prepare To Sell study with cost and expected benefit information for lower-priced improvements. These figures are general and relative, so they apply to Canada as well. They are:
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© 1998-2004, An independently owned and operated broker member of Prudential Real Estate Affiliates, Inc. A Prudential Financial company, owner of the trademarks. Used under license. Prudential Financial, Inc. of the United States is not affiliated with Prudential plc which is headquartered in the United Kingdom. |
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