Re-Purpose or Re-Sell?
Re-purpose or Re-sell…it’s a dilemma in today’s market.
With the real estate market stagnant,many of us have chosen to move forward with ideas for improving our current homes rather than move. More and more frequently, people are enhancing their homes and making every day more enjoyable, all while improving the value of their best-appreciating asset.
Doing It “Right”
Advantages of re-purposing your home are many, if the project is planned sensibly. While many choose the home improvement super-center, it may be more cost effective in the long run to hire a professional to take on your project. The reasons for this are
many, including time-line to completion, product knowledge, andmost importantly, quality. While updating your home is sure to improve resale, no one wants to purchase a home that was someone else’s practice. Talking through a project with someone who understands construction and the scope of your project will make a world of difference in the final product.
There are standard costs associated with areas of remodeling work. It shouldn’t come as a surprise that a kitchen is typically 10 times as expensive as finishing a lower level and that adding or moving plumbing will add to the cost of a project. That said, well planned remodeling in Dane County typically brings around 85% return on investment, and, you also have the chance to enjoy it.
A good example of re-purposing is updating a patio or deck area as in the photo above. The right treatment can make your home more enjoyable and create an exciting new look for your property.
