Thursday, October 21, 2021

Is that home renovation project worth it?

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WAFF talked to Melanie Brooks. She’s a Broker with Redstone Family Realty and President of the Women’s Council of Realtors. She offered these tips: Updated kitchens and master suites are often appealing to new buyers. But take other factors into considerations, such as the maintenance of the home and the price of homes in the surrounding neighborhood.

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·First determine how much you have to spend, and how much time you are willing to be under construction. Once that decision is made, you can begin your wish list.A professional remodel of a kitchen should bring a 90-100% return on value and you may not need to change the layout.Bathrooms are an excellent project to tackle. Master bath suites will bring a 90-100% return on investment. One thing to consider is keeping at least one tub in the house.Small changes can increase the value of a home. New appliances and flooring add 60-80% return on investment. Other things such as paint, which is really necessary, may only increase the desirability. That will still help a home sell better.Bottom Line: Unless you are planning to move soon, get renovations or updates to your home that you will enjoy now!

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