Comments for Altadena Real Estate http://altadenarealestateblog.wordpress.com Altadena Real Estate WordPress.com weblog Wed, 10 Dec 2008 07:17:21 +0000 http://wordpress.com/ hourly 1 Comment on To Remodel, Or Not To Remodel? by Laura http://altadenarealestateblog.wordpress.com/2008/12/06/to-remodel-or-not-to-remodel/#comment-8 Laura Wed, 10 Dec 2008 07:17:21 +0000 http://altadenarealestateblog.wordpress.com/?p=77#comment-8 Great information, Lisa. The homeowner definitely must focus on high-value-added projects that are appropriate to their market and neighborhood. Many seemingly desirable home upgrades will not return the value invested through enhanced sales price. Especially in today's housing market, it’s absolutely critical that you spend your remodeling dollars wisely—especially if you are planning to sell soon after the remodel is complete. Importantly, do not overextend yourself financially, because it might take awhile to sell, even with the improvements. Whether of not you plan to sell your house in the near term, resale value should always be a consideration whenever you are planning out a home improvement project. Great information, Lisa. The homeowner definitely must focus on high-value-added projects that are appropriate to their market and neighborhood. Many seemingly desirable home upgrades will not return the value invested through enhanced sales price. Especially in today’s housing market, it’s absolutely critical that you spend your remodeling dollars wisely—especially if you are planning to sell soon after the remodel is complete. Importantly, do not overextend yourself financially, because it might take awhile to sell, even with the improvements.

Whether of not you plan to sell your house in the near term, resale value should always be a consideration whenever you are planning out a home improvement project.

]]>