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I have the 5′ ash branch in my front yard. A chainsaw artist crony of cave offering to carve the square for me. He is achieved in this qualification & mostly sells his work for $500-$1,000. Does this meant we have only increasing the worth of my residence by the same volume of the worth of the cut with the chisel as it is partial of the property? Any report upon this subject or identical knowledge would be great. |
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boilerette72
March 19th, 2010 at 18:46
I would think not. That’s kind of a personal taste item. I wouldn’t pay more for it, however if you took that $1k and re-did the hardwoods, or did granite instead of formica counters, or perhaps re-did some of the lighting, that would intrigue me.
Elsa D
March 21st, 2010 at 15:09
None, no more then fancy paint on your walls. The new owner may consider it a liability and want you to pay to get it hauled away.
Paul in San Diego
March 25th, 2010 at 02:05
Something like that would only be of value to someone who wanted the sculpture. It’s kind of like a house with a swimming pool that the previous owner spent $25,000 or whatever putting in. Some people couldn’t care less if a house had a pool and some would actually prefer a house without one (not worth the upkeep, maintenance, etc.). So, that $25,000 improvement wouldn’t be worth anything and might even detract a number of buyers.
If someone who’s buying your house also wants to buy that sculpture from you, negotiate a separate sales price. Or, just take it with you when you move.
melissa6119
March 28th, 2010 at 13:13
Um…no. You increase the value of your home by making capital improvements to the home or land. This means new roof, new driveway, finish basement, new flooring, new cupboards…and so on…
This however does not include a lawn decoration. In essence, the stump is something that most people would not want in there yard. No matter how much this decorative piece is valued to the creator or yourself, it does not increase value. Chances are, if you were to sell, the new purchaser might not have the same taste …and might call the tree guys to grind it anyway.
Might be cool though! If you think you would enjoy it and can afford it…do it. Just don’t do it to make your house worth more.
By the way….if you spend $1000 to repair something, that doesn’t mean that your value goes up by the exact amount you spend. Sometimes it can be more, sometimes less. A real estate agent could let you know what improvements your home needs to raise up the selling price.
Good Luck
Asim A
March 28th, 2010 at 13:37
No increase in value.
Mama Blase
March 29th, 2010 at 21:50
no the next owner could think its tacky.