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  2. What not to fix when selling a home: 7 updates to skip (and ...

    www.aol.com/finance/what-not-to-fix-when-selling...

    Cost to replace: $30 to $100 per window for basic blinds, $10 to $200+ for custom sizes or premium materials. Alternative: Remove existing blinds and thoroughly clean windows. 4. Minor electrical ...

  3. 6 Costly Home Improvements That Won’t Boost Your Property Value

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    The Alternative: Replace cabinet fronts in the kitchen and stick with low-cost countertops and appliances. Use a standard porcelain tub and inexpensive ceramic tile in the bath.

  4. Cost basis - Wikipedia

    en.wikipedia.org/wiki/Cost_basis

    Basis (or cost basis), as used in United States tax law, is the original cost of property, adjusted for factors such as depreciation. When a property is sold, the taxpayer pays/(saves) taxes on a capital gain /(loss) that equals the amount realized on the sale minus the sold property's basis.

  5. Top 7 home renovations that can increase your property's ...

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    Change in recouped cost from 2023: +32.7% A wood deck adds a beautiful outdoor living area while boosting your home's value, with an average ROI of more than 80%.

  6. Land value tax - Wikipedia

    en.wikipedia.org/wiki/Land_value_tax

    The present value of ground-rent is the basis for land prices. A land value tax (LVT) will reduce the ground rent received by the landlord, and thus will decrease the price of land, holding all else constant. [citation needed] The rent charged for land may also decrease as a result of efficiency gains if speculators stop hoarding unused land.

  7. Adjusted cost base - Wikipedia

    en.wikipedia.org/wiki/Adjusted_cost_base

    For Selling Property: Capital improvements made to a property are added to the ACB of that property. Capital improvements generally extend the life of a property and specifically exclude routine repairs and maintenance. [3] Acquisition costs such as legal fees, land transfer tax, land surveys and property inspections increase the ACB of a property.

  8. First fix and second fix - Wikipedia

    en.wikipedia.org/wiki/First_fix_and_second_fix

    Second fix work requires a neater finish than first fix. The division of work is a convenient description because electricians, plumbers and carpenters will probably have to make two separate visits to one property under construction, at separate times. Project managers can report "first fix complete" or "second fix 50% done" and others can ...

  9. Property Brothers: Millions of boomers will need to retrofit ...

    www.aol.com/finance/property-brothers-millions...

    Other hazards include slip and fall mishaps and vulnerability to disasters. “Water waste reduction is an important thing too,” said Drew. “There are a lot of old homes or condos that have ...