Asked by Kristina, Philadelphia, PA • Sat Feb 18, 2012
I was approved for a great refinance interest rate but everything now depends on the appraisal. We bought the property in Mt. Airy 2.3 years ago. I think that the properties in Mt. Airy dropped in value because they are selling for less. We did a lot of work in the house during the 2 years. Would this increase the value of the house? My neighbors are selling for extremely low-a bad sign. We made a new bathroom of a bigger size and so converted a 5 bedroom house into a 4-bedroom, added a half-bath, converted oil heat in to gas-and added a high efficiency heater and water heater. Added new central A/C, redid the concrete outside the property, added a shed and a fence, replaced couple old windows for high efficiency ones, painted, fixed the walls of the basement and made a new floor in one room. Which of these things will add value to the house? We have an old kitchen without dishwasher. Thank you for your advice!
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