Older Home Remodelling/Renovation Return on Investment (ROI)

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It used to be almost an article of faith that any money you spend on a home remodelling project will add an equal amount to the market value of your home now and especially if you sell your home.  Today, most remodelling projects will increase the market value of your home but may or may not increase it by the amount you invest in the project and, just like an investment in stocks or bonds, there is no way of telling what the return in terms of dollars will be when you sell your home in the future.

But here is what we do know: we can help you optimize your return on your investment. Most people remodel their home because they want or need to have a new kitchen or new bathroom or need more room.  They may need a new roof because the old one is leaking and causing damage in the home each time it rains.  Remodelling will certainly provide you the tangible benefits.  If you remodel your kitchen, you will enjoy having a new kitchen from day one and everyday thereafter.

Remodelling generally will add to the value and saleability of a home. Some projects will do so more than others and if you plan on selling your home in the near future, we can help you determine what type of remodelling and how much to invest to optimize your ROI.  We can also help you determine how to optimize our ROI if you plan on living in your home for a long time.

Contact us today.