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Home Improvement Investment Indiana

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

J. Hilbert Construction
(812) 637-1267
4024 Maple Ridge Drive
West Harrison, IN
Certified Construction Services LLC.
317-586-0986
1570 bayberry Dr.
Greenfield, IN
Steel City Home Improvement Company, Inc.
219-769-3002
6930 Broadway
Merrillville, IN
WRM Services And Contracting
(502) 552-6473
1830 Old Hickory CT.
New Albany, IN
Doors and More
812 343 1715
222 Deaver Rd.
Columbus, IN
Lindsey Remodeling and Home Improvements
317-341-5876
6025w. big hurricane rd.
Martinsville, IN
SH&S
(260) 420-4559
1702 E. Wayne St.
Fort Wayne, IN
Global Alternative Energy Solutions
773-331-7865
1475 Aetna
Gary, IN
Ceramic Construction Inc.
(513) 235-6732
21916 Greenwood Drive
Lawrenceburg, IN
R J & E Remodeling
317-403-8931
7462 Fisher Station Drive
Fishers, IN

 
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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

J. Hilbert Construction

(812) 637-1267
4024 Maple Ridge Drive
West Harrison, IN
Read more about Home Improvement Investment

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Related Local Event
Remodeling Show 2009
Dates: 10/27/2009 - 10/30/2009
Location: Indianapolis Convention Center
Indianapolis, IN
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