Understanding the Law of Diminishing Returns in Pricing: A Guide for Real Estate Agents
Birmingham Appraisal
JULY 12, 2023
Upgrades and Renovations: Improvements made to a property can increase its value, but there is a point at which further upgrades result in diminishing returns. This insight highlights the importance of using the bracketing method and including both larger and smaller comparables in the pricing process.
Let's personalize your content