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Kim Nguyen owns a three-bedroom, two-bathroom single-family residence in California. Nguyen legally converted the master bedroom and bathroom into a separate "granny flat" for her elderly mother. The granny flat cost $50,000, but only added $30,000 in value to the property. Several years later, Nguyen remodeled the kitchen in the main house. The remodeled kitchen cost $15,000, but added $20,000 in value to the property. Which of the following statements is correct?

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Questions for the California Real Estate Salesperson exam.


Kim Nguyen owns a three-bedroom, two-bathroom single-family residence in California. Nguyen legally converted the master bedroom and bathroom into a separate "granny flat" for her elderly mother. The granny flat cost $50,000, but only added $30,000 in value to the property. Several years later, Nguyen remodeled the kitchen in the main house. The remodeled kitchen cost $15,000, but added $20,000 in value to the property. Which of the following statements is correct?






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