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Thread: House Value

  1. 17th December 2008, 10:00 PM #1
    woodcutta
    woodcutta is offline Senior Member
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    Singleton NSW
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    Default House Value

    Just a question about Cladding. My son had a salesman for house cladding that claimed by recladding his house it would increase the value by 10 - 25%
    House Value 250K
    Cost to reclad 16K

    New value (at 10%) 275K profit of 9K

    My question is has anyone had their house reclad and does the 10% - 25% seem like a resonable claim?

    Thanks
    woodcutta
  2. 18th December 2008, 11:58 PM #2
    prozac's Avatar
    prozac
    prozac is offline GOLD MEMBER
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    Hrrmmmmmm! Suppose it depends on the condition of the weatherboards before it is clad.
    prozac

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