Upgrades and adding landscaping can add to the value of a home.
However, homeowners can sometimes spend too much on improvements and fail to realize the full value of those renovations when it comes time to sell the property.
Interest is still deductible on home equity loans if the proceeds are used to substantially improve the residence.
Please seek the advice of a real estate professional before investing in home improvements in order to assure the smartest use of the dollars spent to repair and upgrade a home.
For further information on property tax, the LA county’s Assessor is a great resource.