Are you considering remodeling this year, either to sell, or just for your own enjoyment? According to The National Association of Realtors the remodeling industry has enjoyed even more growth and will reach new heights in the future. According to the 2013-2014 cost vs value report statistics the average nationwide return on investment are as follows:
Deck addition – 87.4%
Major kitchen remodel – 63.6%
Bathroom remodel – 63.6%
New roof – 63.0%
Basement remodel – 77.6%
DailyFinance.com states that the top 5 target projects for return on investments are Kitchen, Master Bath, Paint, New Carpet, and Curb Appeal. All 5 of these projects are musts for staging and appeal when a property is listed for sale. Additional things that can make your home more comfortable if you are staying in your current home is upgrading the heating and air systems and going solar where it makes sense.
Whether you’re looking to remodel for resale or just to enjoy there are lots of options and most will create more money when selling and more enjoyment for the owner whether current or future. There are lots of options when it comes to remodeling and upgrading for the biggest bang. Call Anne Marie or Aly for more information on the options that are best for you.