The 80/20 Principle: Change How You Think About Your House

Episode 24,   Aug 05, 2020, 04:12 PM

The 80/20 Principle (also known as Pareto's Law), has helped to explain a lot of things we experience in life. For instance, 80% of your enjoyment typically comes from 20% of your activities, 80% of a company's profits typically come from 20% of its clients, etc.

When we apply the 80/20 principle to houses, it helps to clarify a lot of things, from what we can do to best add value to our house to what features we should look for when buying a house. In today's episode, we explore five uses of the 80/20 principle in real estate and what that means for you when you're buying, selling, or updating a property.

As always, if you have any questions or comments (or, of course, need a realtor), feel free to reach out to Stan McCune directly by phone/text at (864) 735-7580 or by email at smccune@cdanjoyner.com.