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Home Improvement Investment New Jersey

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

Home Sweet Home Improvements
609-876-8613
4 timbercrest dr
sewell, NJ

RJT Remodeling
973-919-2555
39 Eagles Notch Dr
Englewood, NJ

Wm. Blanchard Co.
(973) 376-9100
199 Mountain Avenue
Springfield, NJ

Quality 1st Basement Systems
800-671-3721
1160 State Street
Perth Amboy, NJ

Hilltop Construction
908 931-0567
Po box 410
Roselle Park, NJ

Empire Kitchen & Bath
908-624-9600
939 Rahway Avenue
Union, NJ

Polarome International Inc.
(201) 333-8700
200 Thedore Conrad Drive
Jersey City, NJ

MROUE PAINTING
908-875-4836
97 MONROE
GARFIELD, NJ

Artistic Home Remodeling LLC
732-290-1119
34 Poet Dr
Matawan, NJ

Siemens Building Technology
(973) 396-4134
19 Chapin Road Buiding B200
Pinebrook, NJ

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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

Home Sweet Home Improvements

609-876-8613
4 timbercrest dr
sewell, NJ

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