As a homeowner, you are probably concerned with two things:
What is the value of my home and what can I do to increase its value?
The value of you home depends mainly on location, age, size and condition.
You can’t do anything about location or age but you can definitely do something about its size and condition.
A home addition will increase the size of your home.
If you can’t build OUT, you can always build UP.
A new master bedroom suite or a family room addition will add thousands of dollars to the value of your home and at the same time improve the quality of your home life by adding living space and giving your home a new look.
Remodeling will greatly improve the condition of your home, thus increasing its value. Especially if you’re planning on selling your home in the near future, consider one or more of these renovations that offer the biggest returns:*
1. A new front door. (Return on investment: 96.6%)
2. A wooden deck addition. (Return on investment: 87.4%)
3. An attic bedroom. (Return on investment: 84.3%)
4. A new garage door. (Return on investment: 83.7%)
5. A minor kitchen remodel. (Return on investment: 82.7%)
Even if you’re NOT selling your home sometime soon, remodeling it will make it more enjoyable for you to live in now!
Need help or suggestions? Give us a call and we’ll be glad to help!
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*Source: US News and World Report, March 7, 2014