SHOULD YOU MOVE OR IMPROVE?
Selling a home can cost thousands of dollars by the time you total up the
closing and moving costs, and thousands more if you have to outfit your next
home with new appliances and furniture. If you don't have to sell immediately,
weigh your decision carefully especially if the market is slow and chances are
high you won't get top price for your home.
Before you can decide whether remodeling is right for you, ask yourself these
questions:
Do you have the space to expand?
If not, and you need space, then adding an addition may simply not be
an option for you. However, you may want to consider a large
scale remodel to create a more efficient floorplan for your home,
allowing you to "gain" space without having to add physical square
footage.
How much can you do before you start over-improving for the neighborhood?
Whatever your improvements, they should match the size and sensibility of the
area in which you live. Too many improvements do not always translate into
higher resale value, and your massive addition may alienate your neighbors.
Will remodeling do the trick?
Be realistic about how much remodeling can do. If you want to live in a spacious
home on a large lot right now, no contractor will be able to turn your tiny
urban bungalow into the home of your dreams.
Will it pay off in the long run?
In a slow market, you can expect to get a lower price for your home and much
less of a payback for improvements than you would receive in a fast market.
Kitchen and bathroom remodeling projects consistently return the most in resale
value while converting a basement into a family room yields the smallest return.
Factor in any financing costs you incur if you refinance or use a home equity
loan to complete your project.
Choose from one of our six areas of expertise below to learn
more
- We thank you for considering Committed Companies, LLC for your contracting needs, and look forward to doing business with you
- Our service area includes the Las Vegas Metro area,
including Summerlin, Henderson, Boulder City, North Las Vegas, and the entirety of Clark County. We provide the best service in the business, and that’s guaranteed. Our company has the highest standards in training, safety, and most importantly, customer service.
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