Get a New House without Leaving the Old One Behind...
Love your neighborhood but your house is outdated? The smart choice for many homeowners is a partial to whole house renovation. It’s like getting a brand new home without having to leave the neighborhood you’ve grown to love. We could design and build an entirely new modern design, we can enhance your existing design or we can add to your existing foundation for additional living space.
More people are remodeling their homes today than any other time in history. As housing stock ages in the U.S., this trend is expected to continue and increase.
If you live in a house that you generally love, you plan to stay there for at least five more years, and it’s located in a desirable neighborhood - remodeling makes perfect financial sense.
Remodeling can give your home a fresh, updated look. It can give your family the space it needs, or it can make an ordinary home luxurious. Well-planned and utilized square-footage, efficient and up-to-date kitchens, and design-smart bathrooms generally increase the value of your home.
Some home improvements, such as the installation of well-made replacement windows, can both boost the value of your home and help you control ever-increasing heating and cooling costs.
Before making a final decision about remodeling, you need to know the value-added benefit of your proposed project and how home improvements affect property values in your geographic region.
While we live in a global economy, property values remain closely tied to local trends and conditions. The information provided in the table below gives you some useful trend information regarding home improvement returns on investments. These average percentages come from a national study conducted by Home-Tech Information Systems, a remodeling estimating company in Bethesda, Maryland.
Siding Replacement, Upscale
Bathroom Remodel, Mid-Range
Minor Kitchen Remodel, Mid-Range
Siding Replacement, Mid-Range
Two-Story Addition, Mid-Range
Attic Bedroom, Mid-Range
Bathroom Remodel, Upscale
Major Kitchen Remodel, Mid-Range
Deck Addition, Mid-Range
Basement Remodel, Mid-Range
Window Replacement, Mid-Range
Window Replacement, Upscale
Bathroom Addition, Mid-Range
Roofing Replacement, Upscale
Bathroom Addition, Upscale
Major Kitchen Remodel, Upscale
Roofing Replacement, Mid-Range
Family Room Addition, Mid-Range
Master Suite Addition, Mid-Range
Master Suite Addition, Upscale
Sunroom Addition, Mid-Range
Home Office Remodel, Mid-Range
Please use this information as a general starting point when considering your proposed remodeling project and potential increases in your property value.
For more information or to schedule a free consultation, contact us today!