What will my return on investment be?
By Tom Arstingstall, General Contractor, Dry Rot, Water Damage Sacramento, El Dorado County - (916) 765-5366, General Contractor, Dry Rot and Water Damage
(Dry Rot and Water Damage www.tromlerconstruction.com Mobile - 916-765-5366)
So you want to add value to your home, great idea! In my 25 years as a home improvement contractor, I have heard several reasons for improving a home. All of these made a lot of sense to the client, and they were willing to do the work. Adding more space, Preparing for sale, or updating the style of the home are all good reasons to improve your property. If the only reason you are looking to do a home improvement is to add value, then you may have to take a closer look at the projects you are about to choose. Home Improvement projects generally have an average return on investment of 70%. So for ever $10,000 you invest in your property, you can expect about $7,000 in added value. But there are other things to consider. Will it make your home sell quicker? Is the improvement som...
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