Home Improvement: Kendra Todd On Sprucing Up Your Home

Former Apprentice Kendra Todd is at it again. In a column for Yahoo Finance discussing five home improvement projects that will add more bang for the buck at sale time, Todd makes an interesting statement at the outset:

Read the real estate or business sections of the newspaper and you start seeing the stories: reliable government or economic officials talking about the beginnings of a recovery in the real estate market. With spring coming, the time is ripe to sell. However, don't assume that because home prices are out of free-fall that you can stab a For Sale sign in your lawn and be flooded with offers. This isn't 2003. If you want maximum buck for your property, you need to make sure it makes a bang when buyers see it.

Obviously, it would be too much to expect that a shill like Todd would actually come out and acknowledge that the so-called "recovery" is far from such, but I did like the semi-explicit acknowledgement that sellers are going to have to work much harder to make their homes appealing in this much more cautious market.

As far as the recommendations themselves, there are two old sayings that come to mind. One is "You have to spend money to make money," and the other is, "Throwing good money after bad never makes you any richer."

I'll let you be the judge.

I previously discussed Kendra's reliability as a gauge of home sales here.

Posted at March 4, 2007 12:56 PM

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Former Apprentice Kendra Todd is at it again. In a column for Yahoo Finance discussing five home improvement projects that will add more bang for the buck at sale time, Todd makes an interesting statement at the outset: Read the real estate or business sections of the newspaper and you start seeing the stories: reliable government or economic officials talking about the beginnings of a recovery in the real estate market. With spring coming, the time is ripe to sell. However, don't assume that because home prices are out of free-fall that you can stab a For Sale sign in your lawn and be flooded with offers. This isn't 2003. If you want maximum buck for your property, you need to make sure it makes a bang when buyers see it. Obviously, it would be too much to expect that a shill like Todd would actually come out and acknowledge that the so-called "recovery" is far from such, but I did like the semi-explicit acknowledgement that sellers are going to have to work much harder to make their homes appealing in this much more cautious market. As far as the recommendations themselves, there are two old sayings that come to mind. One is "You have to spend money to make money," and the other is, "Throwing good money after bad never makes you any richer." I'll let you be the judge. I previously discussed Kendra's reliability as a gauge of home sales here.