The No. 1 home-improvement project is modernizing the kitchen.
Unless you do the work yourself, however, do not expect to getall your investment back when the house is sold.
The April issue of HomeOwner magazine estimates that ado-it-yourselver, at resale time, will recover an average of 102percent of the cost of adding new cabinets, appliances, countertopsand floorings.
If someone is hired to do the work, the return falls to anaverage of 69 percent of the investment.
HomeOwner gave 20 professional real estate appraisers around thenation a list of the 16 most popular remodeling projects. Theappraisers were asked to figure the resale value of …
No comments:
Post a Comment