Tomie Raines

Will the Cost of Remodeling Translate To Higher Value?

The cost of a home improvement project may increase the value of a home, however the value of any improvements are going to be based upon what the market is willing to pay for them not the cost. Rarely is there a dollar for dollar return. Some projects may actually decrease the marketability and consequently the value of a home like a swimming pool.

If room additions adding square footage are planned it is important to not over improve the property relative to the neighborhood.

A professional Realtor can advise you on what improvements are likely to produce the greatest return.