It’s not okay for statistics to rest on anecdotes

Shoe by Manolo Blahnik: $945

A useful article that was published Tuesday makes a good point but goes way too far in quoting the value of heeding details when selling a property.

By the otherwise scrupulous Christine Haughney, the New York Times piece quotes various brokers as putting dollar amounts on chipped plaster, broken bathroom tiles and fresh paint.  I didn’t pay much attention to the column until a “civilian” friend of mine cited the numbers as gospel and I began seeing links to it on several Real Estate blogs that I monitor.

To be fair, Continue reading

Advertisements