Tuesday, May 7, 2013 - Article by: Michele Welch - Wells Fargo Home Mortgage -
It is Springtime, and time to start that remodeling project you have been putting off. Many home owners consider remodeling to entice more buyers and possibly getting a higher price for their homes. However how much should you spend on the remodeling project for you to have a great return on your investment deserves some consideration.
While the cost may vary depending on your finances and home, its more about what type of remodeling will get you the most bang for your buck. If you are to spend $3,000 increasing the size of your living room and ignoring the small bathroom you may not see a huge amount of interest from potential buyers.
The best rooms to remodel to see a jump of interest from your next buyer is the kitchen and bathrooms. New cooking space and updated cabinets and counter tops could potentially lead to more bidding wars on your home.
Also try making use of the dead space in your home. Is there a linen closet near your bathroom that you could live without ? Consider expanding the bathroom into that space with out having to build onto your home.
Also, There are many free resources at your local Home Building Retail Shops for those that wish to do home improvements by themselves. Happy Spring.
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