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When it pays to remodel your home — and when it doesn’t


When it pays to remodel your home — and when it doesn’t

POSTED BY administrator on Jan 24 under kitchen

When it pays to remodel your home — and when it doesn’t
News from MarketWatch:


Personal finance reporter

As home values increase and interest rates remain low, real estate in the U.S. could see a healthy rebound in 2015, with more people entering the market. And that means many potential sellers heading to the home improvement store as well as contractors phones beginning to ring.

“A rising housing market lifts up remodeling,” says Craig Webb, editor in chief of Remodeling Magazine, an industry trade publication. Of course, it’s not a secret that kitchens and baths often attract the most attention, simply because it’s where we spend the most time, says Webb. But remodeling kitchens and baths doesn’t always pay off with the highest cost-to-value ratios. For example, a $ 25,000 kitchen remodeli…………… continues on MarketWatch

… Read the full article

Related News:

Remodeling your kitchen? 7 things to keep in mind
News from Charlotte Observer:

If you remodeled a kitchen last year, odds are that you didn’t add much square footage, but splurged on quality appliances.

You chose white cabinets – probably Shaker style – and had a hard time making up your mind whether to go with a single- or double-bowl stainless steel sink.

You were more interested in creating a stylish look for your new kitchen than designing one for serious cooking.

More than half of the remodeled kitchens were open to other rooms, and half featured islands.

See yourself in any of that? Even if you’re only daydreaming about remodeling your kitchen?

Those are among details in a kitchen trends study by Houzz, the popular online and mobile platform for home remodeling and design. It surveyed more than 3,500 homeowners. Here’s some of what they learned:

1. Forty-one percent were last remodeled 16 to 30 years ago – and another 25 percent were more than 30 years old.

“That’s pretty darn old,” said Liza Hausman, vice president for industry marketing. “I was surprised that (the kitchens) were as old as they…………… continues on Charlotte Observer

… Read the full article

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