Jane has a house that's worth about $110,000 as-is. A realtor thinks the house would sell...

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Jane has a house that's worth about $110,000 as-is. A realtor thinks the house would sell for $140,000 if she put a new roof on (cost $7,000), fixed some walls and repainted the whole house ($3,000), and updated the countertops ($3,000). Ignoring taxes and fees, how much better (positive) or worse (negative) off will Jane be if she fixes the house up before selling it (assuming the realtor is correct)? Jane has a house that's worth about $110,000 as-is. A realtor thinks the house would sell for $140,000 if she put a new roof on (cost $7,000), fixed some walls and repainted the whole house ($3,000), and updated the countertops ($3,000). Ignoring taxes and fees, how much better (positive) or worse (negative) off will Jane be if she fixes the house up before selling it (assuming the realtor is correct)?

Answer rating: 100% (QA)

If the realtor is correct then sale price would be 14000... View the full answer