By Justin Bravo from Lone Star Contractors, the WOAI.com remodeling expert
Besides wanting to know how much a remodeling project will cost and when the work will begin and end, customers have one core concern: how much the investment will add to the home’s value. Landscaping and fresh paint may lure house hunters inside, but once in the door, buyers of existing homes look for functionality, durability, and convenience. That is why it is so important for a resale to be modernized. Kitchens and baths are among the most popular home improvement projects, which also drive the largest return on investment. Even the smallest changes to a dated kitchen or bathroom can improve a potential buyer's overall impression of a house.
Take a look at the following charts to get a good idea of which projects can be most cost effective.
The value of any remodeling project also includes elements that can not readily be measured in dollars and cents. For example, adding a family room can immeasurably improve the quality of life for a growing family with young children. Likewise, increased storage in a room may free up space for exercise equipment in another part of the house. Taken together, the overall effect is reduced stress, increased comfort, and improved physical and mental well-being.
