Dutchess County Real Estate

Cost vs. Value on Home Improvement Projects

kitchen

Is it time for a few major improvements around the house?

 Have you been considering a kitchen or bath remodel or maybe adding a new deck?  There are a few questions that you should probably ask yourself before you undertake your home improvement.

First of all, you should ask yourself why are you doing the project?  Is it because things are just falling apart around your ears?  Or are you planning on putting your house on the market, and feel that these improvements will help you get a better price for your home?  Or do you just want a change, with no plan to move, you are want a more current, updated look?  I really like the 10 Things Not to Do When Remodeling Your Home, written by Freshome Architecture and Design.

Next, you should investigate the cost of your proposed project.  You should have a few contractor estimates done so that you know exactly what the financial impact will be.  Also find out from your town building department about applicable permits and other information that may pertain to your area.

KitchenLastly, you may want to take a look at the 2014 Cost vs. Value Report (for the Poughkeepsie area) put out by the Remodeling Magazine.

Keep in mind if you plan on selling your home in the near future it is important that your home shows its best.  REALTOR.com suggest 10 improvements that will certainly help with curb appeal (replacing the front door, garage door, new siding) and interior appeal (updating kitchen and bathrooms).

Don’t hestitate to ask for advise!  Sometimes just a few minor updates will work and won’t cost as much, but gives a whole new effect.

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Posted February 10, 2014

 

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