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Cost of property renovations has doubled in the last 3 yrs so is it better to buy a house that has a
I have been looking at several houses in our area and cam across 2 3 bed detached houses identical apart form on has had a kitchen diner extension with bi-folding doors and new bathrooms and decor. When I looked at the price they paid prior to the work and then compared how much it would cost to do now v re-sale value I found a loss of 50% i.e work costs 100k now compared to 50k 3 yrs ago but price of house only gone up by 50k. So I could save 50k by buying the one that has had the refurbishment?
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