People are always asking me how much return would they receive if they remodeled their kitchen, bedroom, or bath. I always tell them it depends on what the market is dictating at this particular time. It will vary by location as all areas compare differently. I found this article interesting as it lists items that you might not ordinarily consider doing but have a very nice return on investment. There are other factors involved like do the homes in the neighborhood you live in all have granite counter tops or wood shake roofs versus tile. As a Realtor I can do a sales comparison on someones home to give an approximate value and come pretty close but an appraiser is the real expert who can give you the value of your home based on your homes feature versus others in your area. Always consult an expert POPULACE!
Remember: BE IN THE KNOW!
Carl O
http://online.wsj.com/article/SB10001424052748704896104575139771751124074.html?mod=WSJ_HomeAndGarden_LEFTTopNews
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