How Much Should You Spend on a Home Remodel?



The cheapest house in a desirable neighbourhood has the largest opportunity for growth or “expansion potential”. Simply put, the remodelling investment made in homes that fall into this category tend to see the greatest ROI and resell faster when the time comes!

Even if you are not on the hunt for a fixer-upper, spending the right amount on a remodel can be the difference between a highly sought-after home when on the market, and a home that is overpriced for the neighbourhood. You tend to see the best return on a medium remodel project that will in turn appeal to the widest range of potential buyers in the future. You might have heard hard and fast numbers like $10,000 remodel for a bathroom and $25,000 for the kitchen. However, these numbers are meaningless if the value of the home is not taken into consideration. To account for this, the best method is to consider your remodelling budget as a percentage of the cost of your home overall.

Reach out to us today to learn more about what we can do for you and your home!

See complete article "How Much Should You Spend on a Home Remodel?"  to know more! 
Location: Tampa, FL, USA

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