Home Improvement Investment Florence AL

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

Commercial Industrial Renovators Inc
(256) 764-5780
234 S Royal Ave
Florence, AL
Tate Painting
(256) 767-7886
1006 Mars Hill Rd
Florence, AL
Cir Painting
(256) 764-5780
234 S Royal Ave
Florence, AL
Curb Impressions
(205) 995-0649
Birmingham, AL
Solutions Llc Household
(334) 409-0504
2500 Promberry Dr
Montgomery, AL
Straight Line Painting
(256) 420-8175
3831 Ready Section Rd
Ardmore, AL
Habitat Home Improvement Outlet
(256) 308-1160
620 Wilson St
Decatur, AL
Tim Taylor the Toolman
(205) 477-4699
22324 Antebellum Ln
Mc Calla, AL
Perfect Touch Painting Llc
(251) 989-9888
Summerdale, AL
D & P Insulators
(251) 867-7040
6540 Travis Rd
Brewton, AL

Provided By:

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

Pressnell Remodeling and Home Repair

256-417-2580
318 cumberland dr
huntsville, AL


Rss   Delicious   Digg   Add To My Yahoo   Add To My Google   Bookmark   Search Plugin

Topics:
Advertising Family Home Services Real Estate Resources
Business Services Fashion Industrial Goods & Services Retail & Consumer Services
Career Financial Services Insurance Software
Cars Food & Beverage Internet Technology
Computer Hardware Franchise Legal Telecommunications
Construction Health Miscellaneous Trade Shows
Education Holidays Nightlife Travel
Entertainment Home Appliances Online Database Weddings
Environmental Home Electronics Pets World History