What Is A Real Estate Betterment?
What Is A Real Estate Betterment? | Quicken Loans
Betterment is when you improve a fixed asset to increase its worth. Simply put, if it makes your property more valuable (or better), it’s a betterment. Painting your home isn’t a betterment because it sustains your home’s value but doesn’t increase it. But a new addition to your home does increase its value, which makes it a betterment.