Wednesday, August 19, 2020

Is our house worth remodeling and/or adding onto?

Mickey Isle: Honestly, the only one that can truly give you a good answer to that question is a Realtor who specializes in your area. They can run comps for your area and let you know what homes are selling for and also what type of ammenities and features and sq. footage are typically found in those homes as well. You do not want to over invest for the area because you will most likely never get back what you spent unless you live there for a very long time before you sell. however a good remodel done properly can often get more than a 100% return, especially for kitchens and bathrooms.The Realtor can also give you an idea of how much of a value add, say an additional 600 sq. ft and another bath will add to the value. You can then compare these to the cost of scraping the home and rebuilding to make more of an informed decision. If the foundation is solid and sound, I would think that adding on, if done correctly where it looks cohesive with the original structure would ! be a better investment than a tear down and rebuild, but I am not familiar with that area and other properties so I cannot say for sure....Show more

Lana Uliano: properly neither one in each and every of your thoughts are neccessary, yet you would possibly want to imagine that putting the money into your homestead will be an funding and make you extra money interior the properly. the extra money you positioned into your homestead the extra money you'll have the means to promote it for, whenever you pick to promote. everybody needs a superb wedding ceremony.. me besides. i spent $30,000 on a wedding ceremony after I must have positioned that earnings route of a down charge for a house. yet undergo in thoughts a wedding ceremony very last in the destiny and a house very last a lot longer than that.you would possibly want to nonetheless have a wedding ceremony yet when your sensible and a penny pincher you may have a pleasing wedding ceremony with out the tremendous cost! . have a small wedding ceremony with close kin and acquaintanc! es. you sound like your sensible even as it includes funds because your pondering your thoughts of having a wedding ceremony or putting funds into your homestead, so i'm certain inclusive of your funds sense you would possibly want to do both in case you positioned some theory into it, and downsized on your wedding ceremony. good success...Show more

Idell Mulliniks: Why not get advice from local contractors?http://remodeling-advisor.com/

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