House Value

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17th December 2008, 10:00 PM
woodcutta

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
18th December 2008, 11:58 PM
prozac

Hrrmmmmmm! Suppose it depends on the condition of the weatherboards before it is clad.

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