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Value
Of An Agent
Common
Errors to Avoid
Home Inspections & Links
House Hunting Worksheet
Know
the Market
Know the Neighborhood
Top 10
Potential Problems
Value Of An Agent
Moving Checklist
Common Errors to Avoid
Preparing Your Home
Should
You Renovate
Best
Asking Price
Sell
or Buy First
Why Use
An Agent
What Do
They Mean?
20
Mistakes To Avoid
Mortgages Explained
Types of
Mortgages
Mortgage Worksheet
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Should You Renovate or Just Move?
If you find yourself wondering what it would
be like to have a larger kitchen, an extra bathroom
or even a main floor family room, you are probably
wrestling with the dilemma: "Should I renovate or
just move?"
It is never easy to uproot your family and move to a
new home, especially if you have settled in and
grown comfortable where you are. This is why we are
often tempted into over improving our homes instead
of just moving to something that meets our changing
needs. While it is difficult to separate emotions
and memories from financial considerations, it is
often helpful to step back and look at what sort of
return you get when investing in a major renovation.
The Appraisal Institute's most recent renovation And
Home Value survey lists the 10 renovations that have
the greatest financial return at resale time. In a
poll conducted annually, 200 appraisers nationwide
are asked to rank renovations by their return on
investment. The results are summarized as a
percentage of the money spent on each renovation
that a homeowner can expect to recoup when they
finally move.
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