Before you begin a home remodeling project, take a moment to consider its potential return on investment. If you are planning on staying in your home for more than ten years improvements should be made for your enjoyment and use. But, if you are thinking of selling sooner than later, you may want to choose projects that will give you a higher return.
“A Realtor can help homeowners decide what improvements will provide the most return when it comes time to sell,” said Fran Broude, president of Coldwell Banker Residential Brokerage. “Each neighborhood is different, and the desirability and resale value of a particular remodeling project varies depending on where you live.” The 2013 Remodeling Cost vs. Value Report by Remodeling Magazine reviews the percentage of a home improvement project’s costs likely to be recouped when the property is sold. Not all projects are created equal.
Five Best “Bang for…
View original post 386 more words