But it doesn't matter what you paid
Kind of a funny story. An out of town client will be closing on a home in a couple of weeks and wanted her daughter who lives in Charleston to see it and take some measurements so we made arrangements for the sellers to let us in and look around.
Well, I arrived first and the seller barely got through the introductions when she started to justify her selling price by offering to get receipts for the upgrades she had installed. I said, it didn't matter, the negotiations were over, the upgrades didn't matter, nobody needed to see any receipts and you have already agreed on a sales price. Then, I tried to steer the conversation over to inquiring about several requested repairs.
The daughter arrived, we looked around, took a few measurements and by the way, she liked the home very much. The sellers were busy packing and she noticed that two sofas were still there and asked me if they were still selling them. You see, originally, the listing agent asked me if my client might be interested in some of the furniture because the sellers were downsizing but my client said maybe, but only if she could get a good deal. Well, apparently, the sellers didn't like that idea of parting with their stuff for cheap and had a garage sale and apparently did get rid of quite a bunch of stuff.
But here were two sofas and one of them was the only item that my client might be interested in so we asked if one of them was still for sale and for how much. Yep, you guessed it, the seller runs back to get the receipt to show how much she paid and believe it or not, she wanted two thirds (2/3) of the original price.
Now I don't know about you but when I have had a garage sale, buyers generally were offering pennies, nickles and dimes on the dollar, not almost full price. I guess that since we were tough negotiators when buying the home, the sellers wanted to make it up on the sofa.
So whether you are selling your home or just a sofa, don't bother with the receipts because it doesn't matter what you paid, the only thing that matters is what the buyer thinks it's worth.