Tuesday, January 30, 2018
As we consider home improvements we often believe that we will get a large return on our investments. The link below is a builder analysis of cost vs value. As with most things it is local. For instance an in-ground pool in the Midwest is less desirable than in a warmer climate. This is not to say that there are not exceptions, just a general guideline as to understand the return on your updates/upgrades. If you have no plans to sell in the near future by all means do what makes you and your family happy, it's important to enjoy your home. If you are considering placing your house on the market this may help you when faced with some decisions.
© 2017 Hanley Wood, LLC. Complete data from the Remodeling 2017 Cost vs. Value Report can be downloaded free at www.costvsvalue.com.”