Home Improvements That Yield A Return!

In 2006, consumers spent $103 billion on home improvements. Several studies have been done about which home improvements provide the best return:

* Remodeling the kitchen and/or baths is one of the best ways to add value.

* On average, homeowners recoup 88% of the cost of remodeling the kitchen and 82% of remodeling the bath.* Adding a room or garage is an expensive improvement that can pay off if it is carefully designed. * Decks and patios can add value, depending on the part of the country.

* Landscaping often adds appeal, but not necessarily value.
Remember, home improvements usually take longer and can cost more money than you anticipate. Please feel free to contact us if we can help you. We would be happy to come by and discuss any improvements you are considering.

If you know of anyone who is considering home improvements and would benefit from free, helpful advice and suggestions, we would love to help. Just forward their name and phone number and we'll follow up with them promptly and provide them with the same quality service you have come to expect from Mohamed.

Americans to Spend More than $232 Billion on Home Remodeling in 2007!

Americans will spend nearly $233 billion on home remodeling this year, according to the National Association of Home Builders’ (NAHB) 2007 industry forecast. That represents a 1.9 percent increase from the record $228 billion spent in 2006, according to estimates from the U.S. Census Bureau.

Driving the remodeling market are the size and characteristics of the housing stock. With an average age of 33 years and rising, older homes require more remodeling - both in terms of upgrading features to compete with new construction as well as maintaining their physical quality. Though remodeling is somewhat cyclical with new construction, homeowners cannot put off a major repair like a leaky roof as they can discretionary upgrades, and that stabilizes the industry during slower housing markets.
(Source: NAHB) Full Story . . .