Home Improvement Investment Kahului HI

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

Ridge Line Homes Inc
(808) 877-2546
230 Hana Hwy Ste 1
Kahului, HI
RR Painting
(808) 877-0419
Kahului, HI
3-D Builders & Design Inc
(808) 871-5575
353 Hanamau St Ste 21
Kahului, HI
Alii Painting
(808) 264-2110
PO Box 713
Wailuku, HI
All Home Repairs
(808) 239-8310
Kaneohe, HI
Nakoa Builders
(808) 499-0740
Ewa Beach, HI
Ken DO Construction Inc
(808) 742-9446
PO Box 1101
Lawai, HI
Kamada Enterprises
(808) 739-6220
Honolulu, HI
Ohina Contracting Inc
(808) 293-5102
Laie, HI
Cheng's Home Repair
(808) 845-1478
845 Moowaa St
Honolulu, HI

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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

Susan Palmer Designs

808-599-7606
650 Iwilei Rd.
Honolulu, HI
http://www.susanpalmerdesigns.com

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