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Customers of Central Telephone Company of Virginia (Centel) will receive a 25 cents per line reduction in their local telephone rates. The reduction was effective Jan. 1. The rate reduction is part of Centers decision to participate in a fouryear experimental plan for regulating Virginia’s local telephone companies which was recently adopted by the State Corporation Commission. In addition to lowering rates for its residential and business customers, Centel is also reducing what it
Real Estate
Eileen M. Day realtor ~~ UNPROFITABLE IMPROVEMENTS Once you own your own honje, and it's in basically good condition, consider making improvements to it which will add profit to its value. This is known as building-in inflation to your home's market value. For example, if you add a new bedroom to your home for $10,000 and it will increase the home’s value by $20,000, you’ve made a profitable improvement. However, if your *10,000 cost adds only $10,000 of value or less, you’ve made an unprofitable improvement. The list of profitable improvements, meaning they add more market value than they cost, include (1) kitchen renovation, (2) bathroom renovation, (3) room additions, (4) , landscaping, (5) new floors and car' pets, and (the most profitable iml provement of all) (6) new paint. - Unprofitable improvement which • usually add no market value to a • home include (1) new roof, (2) new Jwiring, (3) new plumbing, and (4) ‘converting a garage to a family ‘room. Surprisingly, swimming pools • and hot tubs usually don’t add more - to the home’s market value than their : cost. If there is anything we can do to 'help you in the field of real estate (please stop in at EILEEN M. DAY, ^Realtor. The Clopton House, Washington, Va. 22747. Phone 675-3003. JWe’re here to help.
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