Home Improvement, How Personal Touches can Affect the Value of Your Home
While you should be careful about add personal touches, you should also be careful about how much you spend on your renovation project. Someone who spent an average $10-$15,000 refacing cabinets, replacing countertops and installing new cook tops would recoup an estimated 98.5% of the cost on an average if the home sold within a year, whereas someone who spent $81,552 on an upscale tear-everything-out-and-replace-it remodel, would recoup 84.5% on an average. Prior to starting your project, make sure you do some research on houses comparable to yours that have recently been sold. While a $81,000 kitchen renovation on a $900,000 home may be justified, spending the same amount on a $300,000 house may mean that you are throwing money out the window when it comes time to sell your house.
Another important tip to follow with any remodeling project is to consistently use materials of the same quality. If you are doing a higher end remodel, installing laminate countertops would just detract from look of the kitchen. Along those lines, don't install really expensive fixtures in a budget remodel... you will never see the return on your investment. Potential home buyers will have specific expectations for different home price ranges. It is important to know what the market is looking for and modify your project to those expectations. I real estate agent can be a great resource to find out how your remodel will be received by home buyers. I have been remodeling house for 15 years, and I have the secret to getting high qualitykitchen cabinets at an affordable price. Interested in finding out my secret? Follow these links to find out the secret to getting kitchen cabinets at 30-40% below retail prices
Related Tags: home improvement, remodeling, kitchen, renovation, resale value, kitchen renovation
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