Money-back Remodeling

Is this the year you will be selling your home?

Get started by writing the list of changes you would make if you were staying in the house.

Why spend money on a house you are gong to sell?
Well the changes you would make maybe just the thing to help you home sell faster and for more money.

The key is not to remodel so much that you cannot get your money back.

Here are a few numbers* to compare prior to taking the 'plunge'.

Minor Kitchen remodel-- 78.3% return
Basement remodel-- 75.4% return
Major Kitchen remodel-- 72.1% return
Bathroom remodel-- 71.0% return

I was surprised to see the basement remodel had a larger return than a bathroom remodel.
Of course each house is different. A 70's era bath would trump a basement in the same house that was finished in the year 2000!

I have always said never over remodel the kitchen for the best return on investment.
A fresh paint color can work wonders in updating a room. Choose a color in the 'food' range of colors and you can't go wrong. Never paint a kitchen blue!
Lighting and water fixtures as well as cabinet knobs are the next update.
Need more?
Well counters and flooring are up next. But now your hinging on a major remodel.
Cabinet replacement and reconfiguration throw you well into a major remodel.
To scale back consider refacing the cabinets if they are really dated or worn.
Need to scale back some more? Choose a flooring redo over the counters.
Pick a great neutral flooring that complements the rest of your home and let your buyers redo the counters themselves.

Just because your selling now is not the time to stop spending on your home.
Add value to your home with modest tasteful remodeling and watch your home sell over the competition.


*Statistic resource Remodeling Magazine, Cost Vs Value Report.
Visit www.remodeling-magazine.com for more info.