Wednesday, April 2, 2014

Home improvements that offer biggest bang for the buck | North Salem Homes

Cleaning up on spring home improvement projects requires more effort than many homeowners anticipate.
Remodeling tends to pick up as the weather improves, and this year is no exception. During the second half of 2013, the National Association of Home Builders' Remodeling Market Index, which measures how busy contractors are, was at its highest level since the spring of 2004.
When the report was released in late January, remodelers were expecting an even busier spring, with more saying they had been called to bid on a job or were already committed to a project.
If you're updating your home with the aim of adding to its value, tread carefully. Some improvements boost value more than others, and in most cases, a project costs more than it adds in value.
According to Remodeling magazine's 2014 Cost vs. Value report, the average portion of cost recouped is 66.1 percent. (Watch the video for some of the projects, small and big, that provide good value.) Of course, what buyers will think of — and might pay for — an upgrade is less of a hurdle if you plan to enjoy your fancy new kitchen or master bath for years to come.




http://www.today.com/money/home-improvements-offer-biggest-bang-buck-2D79452167

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