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Old 02-14-2013, 06:28 AM   #36
Belmont Resident
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Quote:
Originally Posted by gillygirl View Post
I'm just curious why you think a new boiler adds no value? Not a slam, just an honest question. If I were a renter, I would be thrilled with a new, efficient boiler which might reduce my heating costs. At the very least, it would ease my mind knowing that it would be less likely I'd lose heat.

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GG
True from a renters aspect but as far as home value it adds none. Doors, windows, roof, boiler are all things that a house needs. Although updating and painting improves the likely hood of a sale none will add extra value to a home that is being marketed. Now on the other side, needing a new roof, boiler, paint job can reduce the chances of getting top dollar for a house being sold.
I always thought differently until a realtor explained this to me. It does make sense. Now interior upgrades will add value, especially kitchens and baths.
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