Thursday, January 22, 2009

Home remodeling! What pays? What doesn't?

When it comes to home improvement and remodeling most sellers feel the improvements they have made are worth more a lot more than the average buyer feels they are. To have an objective view of the project and pricing is critical when it comes time to sell your home.

Click on the link below to see what the latest report from the National Association of Realtors shows.
http://www.realtor.org/rmohome_and_design/articles/2008/0812_costvsvalue_2008
You can also click the link at the bottom of the post to download a pdf version.

If you are considering a "remodel project" with the intent to sell your home in the near future, be sure to give us a call to discuss the ramifications and potential gain or loss of equity the project may provide to your homes value.

Dan Walker, Broker Associate, CRS, RE/MAX Associates
2008CostvValue.pdf

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