Home Improvement Investment Lees Summit MO

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

Meyer Brothers Building Co.
(816) 246-4800
200 N.E. Missouri Dr., Ste. 100
Lee's Summit, MO
Schweiger Construction Company
(816) 523-5875
8300 Troost Ave
Kansas City, MO
Walton Construction Company, LLC
(816) 753-2121
3252 Roanoke Rd.
Kansas City, MO
Turner Construction Company
(816) 283-0555
2345 Grand Blvd., Ste. 1000
Kansas City, MO
Overland Park Garage Door
(913) 826-6788
11184 Antioch Rd
Overland Park, KS
United Excel Corporation
(913) 647-9400
5425 Antioch Dr.
Merriam, KS
The Weitz Company
(913) 696-9970
10901 W. 84th Terr., Ste. 200
Lenexa, KS
Universal Construction Company, Inc.
(913) 342-1150
11200 W. 79th St.
Lenexa, KS
THE OFFICE HANDYMAN.COM 816-786-2459
816-786-2459
1812 w 49 th street
Kansas City, MO
S. M. Wilson & Co.
(913) 322-3900
13316 W. 98th St.
Lenexa, MO

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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

Meyer Brothers Building Co.

8162464800
200 N.E. Missouri Dr., Ste. 100
Lee's Summit, MO

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