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I see examples of this all the time on those H&G shows, like 'Flip that House', etc. Last year we got a new roof and had the entire exterior re-stained. We also got all new carpeting. While the carpet is better aesthetically, it was the roof and outside work that brought up our assessed value. Things like new appliances won't do diddly because most people take their appliances with them when they leave, although new flooring is generally a plus. We don't plan on selling our house anytime soon but we are interested in keeping a healthy equity balance, so we do keep an eye on it.
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