I didn’t anticipate moving out of this apartment until I reached my retirement age, but my fiance’s director moved to a new state and the two of us are following close behind.
They’re giving her a few months to work remotely while the two of us get this apartment sold and emptied and a new a single purchased and moved-into. The hardest part was finding a new apartment in the neighborhood where the company is now situated, since there’s a home shortage nationwide. But when the two of us put our own apartment on the market, the two of us had offers coming in daily. It was wild trying to field each of these individual offers while toiling daily with our real estate agent. I knew that COVID created a housing crisis, despite the fact that I wasn’t sure what else had changed about our apartment for the value to rise. Since actual improvements to the home need deed approvals, remodelling will sporadically factor into a property appraisal. But the only change the two of us had really made to the apartment was upgrading the central heating and cooling system. Apparently new cooling systems and heating systems instantly raise the value on a property because it’s a single less expense for the eventual buyer. I didn’t factor this in when the two of us purchased our replacement house, but the housing shortage is so awful that it wouldn’t have helped even if the two of us had. At least the two of us got a lot more cash for our apartment than the two of us expected. That was a welcome change to be sure. Hopefully the client enjoys our apartment as much as the two of us did over the years, particular ly with that HVAC system which is only a few years old at this point.
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