Remodeling not only improves your quality of life (upon completion of the project!) ...but it should also ADD VALUE to your home (which is an investment!). As I've mentioned before, ADDING Square Footage to your property will give you the highest return in equity. For resale and appealing to buyers, you should then focus on Kichen (most expensive "per square foot" cost but highest return on investment), then Bath...then Main/Great Room, Master Bedroom upgrades (least expensive). Of course, CURB APPEAL is what gets buyers salivating from the street, so Siding/Exterior, Windows as well as tasteful landscaping are also important. For me, I buy Worst House, Best Neighborhood. Don't buy Best House in Worst Neighborhood as you'll suffer "equity-wise" until the neighbohood's quality catches up to your value... and in that time, your home will be years older and need...a remodel! Providing FREE consultations on remodeling strategeies, cash-out for remodeling, construction loans and creative financing: Pat Townsley, Builder, Broker, and Financial Advisor to the Stars. www.PTRE.net 415-485-1776.
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