Whether you just realized that you need it or just plain want it, you are finally ready to sink your brave teeth into a major home improvement project.
Lucky for you we will arm you with all the info you could ask for, so that your project will be as painless as can be.
There are many reasons that you maybe considering adding on some additional space. You may need more bathrooms, more garage bays, or you just plain want to increase your quality of life.
But before you pick up the yellow pages or use our free professional contractor referral service, let's think about some important things to consider.
Most remodeling projects will not recoup their cost right away, so if you are planning to sell right after the contractor dust settles then you may want to do some more research before you bite that bullet.
On the other hand, if you really need space, or if you can wait a year or too, you shouldn't really be to worried about recouping the cost because overtime most remodeling investments do pay for themselves; just not overnight.
The latest figures on recoup costs:
As you can see for yourself, remodeling your kitchen or bathroom does not necessarily make you instantly rich. In fact you will have to wait until you recoup your costs and then some before you call your local real-estate agent.
But let's not forget that these figures a based on average conditions in average neighborhoods. Conduct your own market research to assess what comparable homes with the amenities you plan to add go for near your home. Sometimes, recouping your remodeling costs happens instantly, but it always makes wise sense to do your research first and construction last.