Remodeling Projects That Pay Off…
….according to Money Magazine anyway.
This is a link to a good article: http://finance.yahoo.com/news/6-ways-to-ensure-a-remodeling-hmoney-786716627.html?x=0&.v=1
In the words of many great achievers (Michael Jordan), “begin with the end in mind.” In the context of this discussion, the end is defined as when it finally comes time to sell your home. Remodeling projects and general home maintenance should always adhere to that mantra. What is going to get the best return on your investment? So often we have been asked by clients to cut corners by keeping galvanized plumbing in the walls behind a new bathroom remodel. Our answer is almost always an emphatic “no!”
Gone are the days of dramatic curb appeal and the smell of freshly baked cookies closing a deal. Buyers these days would rather know their potential new home is at minimal risk of experiencing plumbing leaks, electrical problems, and cold drafts. Not many are concerned with what color of fresh paint was used on the living room walls. When a deal is pending, a buyer will almost always negotiate down after reading their inspector’s report that uncovers items like an antiquated electrical panel, leaky water shut-offs and the like. They will rarely get picky about your wallpaper. In this economy, spend wisely. Ship Shape!
