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Home Improvement Investment Illinois

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.

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Refacing Pros Inc.
847-520-9763
140 Shepard Ave
Wheeling, IL

Gold Coast Bath Systems
312-587-3344
631 W North Ave.
Chicago, IL

All Tech Builders Inc.
847-541-1111
P.O.Box 38
Wheeling, IL

ROC Construction Inc.
847 368-8098
1930 Avalon Dr.
Wheeling, IL

Golden Stone
847-520-8810
140 shepardAve
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Principal Construction Management and Design
(309) 694-5012
2407 N. Main Street
East Peoria, IL

Altorfer, Inc.
(309) 694-1234
1 Capitol Drive
East Peoria, IL

Boley Tool & Machine Works Inc.
(309) 694-2722
1044 Spring Bay Road
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Hiltabrand Tile
(309) 363-9448
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C T Gabbert Remodeling & Const Inc
(309) 637-2110
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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

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Featured Local Company

Refacing Pros Inc.

847-520-9763
140 Shepard Ave
Wheeling, IL

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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