Consider Return on Investment
When considering home renovations, it is always important to consider your return on investment, i.e., how much of the money you spend on the remodel will you recoup if you were to sell the property. Why is this important? Well, you don’t want to loose money, that’s why. Some home renovations speak volumes to home buyers in the real estate market. other renovations will really only benefit you while you occupy the home. It’s crucial to balance your wants and needs from your home with the desires of the general real estate market.
Know the Probably Return Before You Start
Asheville neighbors: Are you considering a renovation project on your current home? Call us and we’ll stop by and let you know the current value of your home and how much that value would increase when the renovation is done — with no obligation, of course. Sometimes, especially with cosmetic upgrades, you will see more than a 100% return. Now that’s good investing!
(Click to enlarge and view the full infographic)