The Mother-Daughter Team Blog

Wednesday, January 10, 2007

Why You Should Renovate?

Renovation experts agree that renovation just to improve resale value isn't necessarily wise, in part because you can't be sure of getting your money back. In fact, few projects yield dollar-to-dollar returns.

Your focus should be on improvements that make you and your family happy and more comfortable, and ones that keep your property maintained, safe and efficient.

Some experts also say that no renovation project is worth undertaking unless you plan on staying in your home at least three or four years. The rationale is simple: the longer you stay in the house, the more likely you are to recoup your costs as rising home prices absorb renovation expenditures. If home price don't rise, you at least enjoy the benefits of your upgraded home.

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