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Home Improvement Investment Maryland

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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Creede Bath and Home
301-748-6868
5010 B Green Valley Rd
Monrovia, MD

Matrix Design Build
410.280.1850
1010 West Street
Annapolis, MD

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240-643-8508
P.O. Box 839
Frederick, MD

TRIBEST CONSTRUCTION INCORPORATED
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12715 NEW TOWN WAY
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410-286-0990
5821 Grosvenor Lane
Bethesda, MD

Dill Cabinetry
443-466-1778
Jackson Park Road
Port Deposit, MD

A2Z kitchens
443-992-3989
10904 kathleen CT
Columbia, MD

Gott Custom Contracting, Inc.
(240)299-7748
4505 Sellman Rd
Beltsville, MD

Servicez Unlimited Inc
(202) 569-8720
4006 Chelmont Ln
Bowie, MD

Accent Kitchen and Bath, Inc.
410 654 9777
8A Music Fair Road
Owings Mills, MD

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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

Creede Bath and Home

301-748-6868
5010 B Green Valley Rd
Monrovia, MD
creedehome.com

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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