Wednesday, January 12, 2011

Best Bang for Your Remodel Buck............

I'm sure many of you are like us.  We are always looking around the house thinking "What if we replaced this? What if we remodel that?" Being in the real estate business, we always consider the effect these projects may have on the value of our home.  Most of the time, unless we are fixing something in desperate need of repair, the cost of the work is greater than the added value from having done it.  This assumes that we sell the property immediately and that it was "fine" the way it was.  The return on our remodel dollars is mostly recouped if we can hold on to the home for a little while following having the work done.  Here is a list of 5 projects that all returned over 72% of the cost......
1) Replacement of entry doors with steel doors.
2) Garage door replacement
3) Wooden deck addition
4) Window replacement
5) An attic bedroom addition

Just barely out of the top 5 was the most popular project-kitchen remodel. 

So there ya go!!  Have your self some fun.  Be creative.  And before you start, call one of our agents and have them tour your home to discuss what possibilities work best for your home...  Call us today

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