Thursday, November 18, 2010

Renovations That Give You a Return on Your Investment

This Old House magazine always has some interesting online content. I’m often asked what improvements are worthwhile considering, in terms of home resale. My own take, of course, being a renovator, is that everything is worthwhile, since so many houses on the market are not upgraded, or if they are, the work is shoddy. We all have to live in the real world, as far as budgets, though, so this article is good reading:
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By: Carl Vogel, This Old House magazine


It's the fundamental question facing anyone who has ever embarked on a home renovation: How likely am I to get the money back when I sell my house?

There's no easy answer, because what a buyer might be willing to pay depends on many factors — everything from the choice of project to the materials you use to the value of other homes in your neighborhood. But it's important to have some idea of what your improvements might be worth.

Continue reading at http://www.thisoldhouse.com/toh/article/0,,408045,00.html

Blogger Matthew Allan is a specialist in Savannah Real Estate, focusing on Savannah's downtown historic districts, including the Landmark Historic District, Victorian Historic District, Thomas Square Historic District, Starland Historic District, Baldwin Park, and Ardsley Park Historic District.

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