The top two remodel projects with the highest costs recouped in a sale, have long since been a major kitchen and bathroom remodel. As shared from the National Association of Realtors*, the bathroom remodel typically costs around $15,000 and has 65% of that cost recovered in a resale. While some remodel just to improve their actual needs or personal style (without a plan to sell their home soon), a careful eye towards resale down the road is very important as well!
Our friends at Houzz.com recently shared the top 9 things to consider for a bathroom remodel. You can check them out here:
We also recently shared that there is a great new loan product available to both wrap a remodeling costs into your loan. A Purchase and Renovate loan could be just the thing for you to put your own stamp on a home that is “almost perfect”. To read more about this product, visit our blog post at: http://coldwellbankerolympia.com/the-perfect-home-may-not-be-perfect-yet/
*Source: National Association of Realtors from Remodeling Magazine and REALTOR Magazine – “2012-13 Cost vs. Value: Make the First Impression Count”
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