Tuesday, December 9, 2008

To Remodel or Not ....

I received a call today from a client asking if he should remodel his bath removing the shower. Normally, I wouldn't advise to change a full bath to a half bath, but this case seems unique. There is a full bath with the bedrooms and a bath near the living areas that was cramped with a shower. He was asking how it might affect the value of his home. More is better unless it doesn't make sense. Realtor magazine puts out a report every year detailing what different remodeling projects might mean to the value and lots of times the marketability of your home.

2008 Cost vs. Value Report: Still Many Happy Returns for Home Rehabs
Remodeling magazine's annual report shows that maintenance-related projects and moderately priced upgrades are providing stable paybacks, even in a slower market. Read more ...

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