 Home
renovations projects come in many sizes and shapes ... from
updating the kitchen, bath and basement to undertaking a
large-scale renovation. And to complete projects like this on
time, within budget and on schedule, it really makes sense to
hire an experienced home renovation company.
Although most new houses adapt
easily to remodeling projects, older houses require particular
care and attention. The team you hire should have experience
with increased structural demands, working with aging
electrical and plumbing systems and dealing with the potential
presence of asbestos and lead-based paints. In order for you
to take advantage of the full value of your investment, it's
critical that any changes look like they were part of the
original design, and not just added on
Renovating an old-fashioned kitchen or fixing up that grungy bathroom reaps a bigger return on investment than ever before, according to a recent report
by the National Association of Realtors and Remodeling magazine.
Americans spent more than $139 billion on home improvements in 2004, according to Harvard's Joint Center for Housing Studies. Homeowners may recoup much
of that expenditure in the form of higher prices when they resell their homes.
| Job |
Costs |
recouped (percentage) |
| Upscale residing |
$10,393 |
$10,771 (103.6%) |
| Midrange kitchen remodel |
$43,862 |
$39,920 (91.7%) |
| Window replacement |
$9,684 |
$8,681 (89.6%) |
| Midrange master bedroom suite addition |
$75,959 |
$64,419 (84.8%) |
| Family room addition |
$54,773 |
$45,458 (83.0%) |
|
Sources: National Association Of Realtors and Remodeling magazine |
As a matter of fact, a homeowner can now expect to make money on some renovations. A mid-range bath remodeling, according to the report, costs an average
of $10,499 nationally, but adds $10,727 to the value of the home. That means homeowners make back 102.2 percent of their remodeling costs.
The math for adding a bedroom suite to the attic is almost as positive. Putting in a 15-by-15 bedroom and bath costs an average of $39,188 and adds
$36,649 to the home's value. That means 93.5 p
rcent of the costs are recouped. A deck addition returns 90.3 percent of its cost and a bath replacement generates 104.4
percent return.
Not that homeowners should undertake these jobs to turn a profit. Renovations should be done for pleasure, not profit. The best reason for a remodel
is to enjoy it.
At Hillman Carpentry, we have the experience to make sure your project is done right.
When you choose Hillman Carpentry, you get a team of dedicated professionals working together to guarantee that your project is a success. Our experienced
project managers and team leaders keep your remodeling project on track and provide you with detailed information about your choices and options at every stage of the project.
Call Hillman Carpentry today to ensure that the home of your dreams stays the home of your dreams.
Photo Gallery of Our
Renovation Projects
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