A Better Look at Remodeling: Understanding Risks and Benefits

There is no shortage of interest in home remodeling. A lot of people will do it for themselves but just as many would do it to add value to a property before selling. After all:

“It is very appealing to a buyer and will pay off the most in the long run when kitchens and bathrooms are updated,”

However, you also have to be mindful of what you’re going to get out of remodeling a property. You have to make sure that you make smart investments because:

If your decision is based solely on the bottom line, you won’t want to invest in a full remodel because it won’t add as much value to your home as you will spend. According to industry research…. these projects bring back between 50 to 60 cents for every dollar spent, on average. The [real] benefit is that remodeling can help you sell your house faster.

Before you schedule for remodeling your Annapolis kitchen and bath, you have to understand that you may not recoup all your investments if you choose poorly. However, a remodeling job done right will increase the value of a property and make it more desirable. It would be more likely to receive multiple offers beyond your listing price. It would seem at first that your only options are to either sell fast or sell high but if you work with a reliable remodeling contractor, you may just be able to enjoy both.

Blair Construction has been offering kitchen and bathroom remodeling in Bethesda MD, Annapolis, and the neighboring areas for almost 20 years now. And in those years, the company has made it a point to include the customer in every step of the way in every project it undertakes. This is because they assign a project manager for each job to facilitate communication. Aside from the necessary licenses from the state, Blair Construction is also fully insured for your peace of mind.

(Article Excerpt from “Give your home a face-lift by remodeling bath, kitchen”, Standard Examiner, February 27, 2014)

This entry was posted on Thursday, May 8th, 2014 at 8:34 am. Both comments and pings are currently closed.