Howestreet.com - the source for market opinions

ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION

September 30, 2025 | $20,000 of Added Value for Only $1,500

Robert Campbell

Robert Campbell is a real estate analyst and economist. He's been publishing The Campbell Real Estate Timing Letter since 2002. His book (Timing the Real Estate Market) presents a clearly defined method for predicting the peaks and valleys of real estate cycles.

 

There’s nothing better than doing something you love – and making money from it.

Here’s how Robert Campbell added $20,000 of value to an otherwise mundane and unexciting stairwell.

Cost of Materials:

$400.00 for beams and wood planking on the ceiling;

$50.00 for relocating the light so it is centered on the airplane pic; 

$550.00 for redesigning the low wall.  A 2′ x 3′ opening was created to bring more natural light into the 18′ stairwell.

$150.00 for paint;

$450.00 for the 4′ x 6′ airplane pic – which a graphic artist helped me create.

Labor costs:  $0.00  I did all the work.

 

PS:  Robert Campbell learned a long time ago that creating beauty is an excellent investment in terms of both time and money spent – and that home buyers will pay up for it.

The biggest investment profit ($600,000) I ever made in real estate was the result of buying a rather ordinary looking home in Solana Beach, CA – which I turned into a home that was beautiful and amazing.

And I made that profit in 1992, which was when San Diego home prices were in the early stages of what turned out to be 15% six-year price correction.

Beauty sells homes because people like beautiful things.

STAY INFORMED! Receive our Weekly Recap of thought provoking articles, podcasts, and radio delivered to your inbox for FREE! Sign up here for the HoweStreet.com Weekly Recap.

Post a Comment:

Your email address will not be published. Required fields are marked *

All Comments are moderated before appearing on the site

*
*

This site uses Akismet to reduce spam. Learn how your comment data is processed.