Great Beginnings start with Great Beginnings Realty!
Located in the Irish Hills, Brooklyn, Michigan
(517) 544-0795
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Renovate or Move?
Should You Renovate or Just Move?
It is never easy to uproot your family and move to a new home, especially
if you have settled in and grown comfortable where you are. This
is why we are often tempted into over improving our homes instead
of just moving to something that meets our changing needs. While
it is difficult to separate emotions and memories from financial
considerations, it is often helpful to step back and look at what
sort of return you get when investing in a major renovation.
The Appraisal Institute's most recent Renovation And Home Value
survey lists the 10 renovations that have the greatest financial
return at resale time. In a poll conducted annually, 200 appraisers
nationwide are asked to rank renovations by their return on investment.
The results are summarized as a percentage of the money spent on
each renovation that a homeowner can expect to recoup when they
finally move.
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Information is believed to be accurate but is not guaranteed.