renovation plan
Started by anonymous
about 6 years ago
Discussion about
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Hello. Let's say you have a coop purchased at $850psf that requires a full gut renovation including electrical, breakdown of everything. 2-bedroom, 1 bath (no washer/dryer allowed). Similar units in the building with good renovations have sold in the $1,100-1,200psf range. If you plan to sell in 5-6 years, to maximize resale value, how much psf do you invest in the renovation and where do you spend more/less? Any advise and suggestions will be greatly welcomed.