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Thread: House Value
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17th December 2008, 10:00 PM #1
Senior Member
- Join Date
- Jul 2004
- Location
- Singleton NSW
- Age
- 69
- Posts
- 33
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
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18th December 2008, 11:58 PM #2
Hrrmmmmmm! Suppose it depends on the condition of the weatherboards before it is clad.
prozac
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