Typically homeowners think of a home remodeling project as an expense. And while you will have to come ‘out of pocket’ with some cash initially, the smart homeowner looks at a home remodel as an investment. Here are some reasons why you should think investment. 1) Room addition: During this ‘up and down’ economy, it’s not uncommon to have loved ones, such as a parent, sibling or child having to move into your house for a period of time. So to make room for these unexpected guests, many homeowners are thinking room addition. This could be a good investment. Since homes are typically sold by square footage then it’s reasonable to assume that the value of your home will increase. 2) Kitchens: If your kitchen is ten years or older it’s more than likely in need of a makeover. An initial ROI (return on investment) for a major kitchen remodel is usually between 80-90% of the cost. But if you plan to live in your home for another three to five years it’s quite conceivable that you could get an ROI of 100% or more. As property values increase, so will the value of your newly remodeled kitchen. Not only will an updated kitchen make it more appealing to prospective buyers but just think of all the use and joy you will get from having a great kitchen while living in your home. 3) Bathrooms: It’s a fact, that kitchens and bathrooms are one of the biggest reasons why a potential buyer choses one home over another. Let’s face it, we spend most of our time in the kitchen and bathroom. So as with kitchens, the bathroom can be a great investment and selling point for your home, and the ROI is also between 80-90% of the cost. So when you think remodel, think investment. And if you are planning to remodel your home, talk with me, Jana Ward “The Construction Chic”. I’ll be glad to brain-storm with you and help design any upcoming remodeling projects. Remember Clear Choice Interior Design for a ‘stress-free’ remodeling project. Jana M. Ward, President Clear Choice Interior Design Remodeling San Antonio O-210-377-0259 F-210-377-0294 M-210-860-5262 http://www.clearchoiceinteriordesign.com/about/why-choose-us/
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