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Sweat equity

What's the definition?

Sweat equity is value added to real estate by owners who make improvements by their own toil.

 

Some home improvement projects reportedly offer more value as sweat equity than do other projects. Wallpaper, floor coverings and paint can dress up an old residence and make it more appealing to buyers, but improvements to bathrooms and kitchens more often increase the sale price of a building.







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