Home Improvement Investment Fargo ND

With the popularity of do-it-yourself remodeling many people are tackling more and more projects. Many home improvement projects may sound valuable to the person doing it but in reality a potential buyer may not care at all about the renovation.

Local Companies

Paragon Renovations
(701)361-0562
1705 11th Street North
Moorhead, MN
Simonson Lumber Pro-Install
(701) 232-3281
2400 Main Ave
Fargo, ND
Home Depot the
(701) 282-2078
4700 17th Ave S
Fargo, ND
Gypsum Floors
(701) 239-4866
2105 Main Ave
Fargo, ND
A Plus Sunroom Decks & Awnings
(701) 232-3451
Fargo, ND
Neighborhood Services
(701) 234-9131
1402 Broadway N
Fargo, ND
Worth Construction
(701) 237-4534
Fargo, ND
Kinzler's Painting
(701) 232-6536
1421 42nd Ave S
Fargo, ND
Duval Rick Construction
(701) 293-7688
2710 5th Ave S
Fargo, ND
Anderson Hardwood Floors
(701) 239-6079
PO Box 2345
Fargo, ND

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Lately I've had several questions from people about what different type of renovations give the best return on their investment when they sell. With the popularity of do-it-yourself remodeling many people are tackling more and more projects. Many home improvement projects may sound valuable to the person doing it but in reality a potential buyer may not care at all about the renovation.

One popular renovation that many people tackle is finishing a basement. However, according to recent polls most basement renovations only return about 50% of your investment. So a typical basement remodel that costs $25,000 may only net you $12,500 when you sell the house.

The two most rewarding renovations are remodeling your kitchen or bathroom. Typical kitchen and bathroom remodeling projects return between 75% and 90% of your investment. Not only are those projects financially rewarding kitchens and bathrooms really do help sell the house. An updated kitchen can make the difference between your house and one down the street thats still stuck in the 80's!

One statistic that I read I have a hard time believing. The article said that fireplaces and decks only yield about 10%, or the same as installing a hot tub or pool. While I can see the argument for the the hot tub and pool I tend to disagree with the fireplace and deck. I think fireplaces and decks can make the difference in your sale and while that may not relate directly to your investment, selling versus not selling can add up to significant dollars.

The bottom line is when you plan your next home improvement project make sure you evaluate why you're doing that project. If you're doing it to help sell your house in the future you may spend you money on the kitchen or bathroom. If you're doing it for your own enjoyment than the hot tub or pool might be just the thing you need.

Home Improvement Investment
Home Improvement

Click here to read article at HomeConstructionImprovement.Com

Featured Local Company

Paragon Renovations

Committed to offering the finest renovations services to my clients

(701)361-0562
1705 11th Street North
Moorhead, MN
http://www.paragonrenovations.net

Home renovation company dedicated to offfering the finest renovation services availible to its clients. Seeking to offer general renovation and remodeling services to the Fargo ND & Moorhead MN and surrounding area. Seeking new clients for bathroom and kitchen renovations. Also offering DIY online countertop ordering and shipping services. For more information on how to order countertops online and have them shipped directly to you or to get a free estimate on a bathroom or kitchen renovation please visit my websites at www.paragonrenovations.net or www.paragonbathrooms.com

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