What is one of the main reasons to consider contribution before undertaking a property improvement?

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Considering contribution before undertaking a property improvement is crucial primarily because it helps ascertain the potential return on investment (ROI). When property owners focus on contribution, they evaluate how much value the proposed improvement would add to the property compared to the costs incurred to make that improvement. This assessment is vital because not all improvements yield equal returns; some may enhance the property significantly, while others may only marginally increase value or even detract from it.

By understanding the contribution of an improvement, homeowners and investors can make informed decisions that ensure the money spent results in a worthwhile increase in property value. This is especially important in real estate, where investment decisions should be well thought out to maximize profit and minimize loss.

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