backyard and proprety value
At the moment we have an outdoor space that is shared with our neighbor. We have 3 issues with the space. 1) hate the chain link fence, 2) the cement is old and crumbling, 3) there are no lights so its unusable at night
We are debating whether we should go into our savings to renovate. The question, then, is this: Will the property value improve more if we separate the space or if we leave it as a shared space with the neighbor? How important is a private back yard vs. a shared back yard? Coordination issues of doing a reno with a neighbor aside, what’s best for resale?
I tried to upload a photo but it wasn’t working for me…
