Home Improvement ROI
There are many reasons to renovate your home ranging from structural to aesthetic, and there are equally as many options available to transform your space. The possible combinations of style choice and budget are virtually limitless. However, in almost every case, the one key factor that influences a remodeling project more than any other is ROI.
For some homeowners, a return on investment is less important – for example, when restoring a home after a small fire, or tearing down the old wood paneling that’s haunted Grandma’s basement since 1965. In these instances, a remodeling project is more about essential repairs and personal choices that virtually eliminate financial justifications. Most of the time though, it’s a pretty important consideration – especially in a more difficult economic environment, when every dollar counts a little more than it used to!
Whether you’re considering a renovation simply to improve curb appeal, function, or style, or are preparing your home for sale, the statistics are worth reviewing …
Remodeling Magazine recently updated their 2013 Cost vs. Value Report for many of the most popular home improvement projects. For the “West-North Central Region,” which includes the Kansas City area, the ROI values are interesting … and probably not what most would expect for many traditional remodeling projects.
For example, did you know that a $60,000 basement remodel will produce a 70% return on investment? Or have you thought about adding a new deck to the back of your house? Because it boasts an ever better ROI!
The numbers can really add up (in your favor) if your project is managed correctly and kept on budget. At Handymen Unlimited, we treat every customer’s home as though it were our own, and manage each project accordingly. Whether you’re just starting to think about project possibilities, or are ready to get started, we can help. We have the best team in the business, and the real estate expertise to help you budget for each project correctly in order to ensure the highest possible ROI for the Kansas City market. Give us a call today for a complimentary project consultation – we look forward to meeting you!