Continuing Co-Op Village day on Curbed, we revisit the community's message boards, where posters debate the monetary value that renovations add to their apartments. Poster lesvet offers insight on the general market Below Delancey on the Lower East Side:
The majority of buyers down here seem to be looking for a deal. The market for up scale apts on our side of Delancy is very small and this is reflected by recent sales and low appraisals. As I mentioned before, my Apt was appraised several months ago and they subtracted $150,000 based on location, versus an apt on Suffolk, just below Houston. Hopefully this will change in time, it seems to be. But it will be a while yet before people who renovate their apts make back as much as some in better neighborhoods.· How much can you get for your apartment? [Co-Op Village Boards]