Interest rates are phenomenally low, and the housing
market is luring buyers in.
If you have been dreaming of upgrading your life with a new
home, this could be the perfect year to build.
IF you are staying in your current home, you may still wish
to RENOVATE some spaces in order to create a better value and a quicker sale
of your home. Jedco can assist you in creating the perfect renovations that
will assist your home in a quick sale.
If you are staying in your home, it also makes sense to
renovate. You will enjoy an upgraded lifestyle, and increase the equity in
Not all renovate projects add equity. Here's information
from the This Old House website:
"People buying a house look first at kitchens and baths," says Kermit
Baker, director of the remodeling futures program at the Joint Center for
Housing Studies at Harvard University. So while these rooms can be the most
costly to redo, they're more likely to pay for themselves. Adding rooms,
such as a family room or master suite, also tends to fare well at resale
time: Bigger homes command higher prices.
At the other end of the spectrum, swimming pools hardly ever return their
cost, because a lot of buyers aren't willing to shell out more for a house
just to acquire what they consider a maintenance bother. Home offices tend
to be low-return for the same reason: Only a handful of buyers will want a
room designed for working. (Think of it this way: How high a premium would
you be willing to pay for a convertible if you were never going to put the
And just because a project is expensive doesn't mean it will pay back more.
Often, minor improvements can yield major dividends. The key to spending
less is spending it wisely. "If you take $20,000 and spend it judiciously on
a kitchen, you can make it look a million times better," says Remodeling
senior editor Jim Cory, who supervises the survey. "The design and product
selection are key."