Should You Remodel? - Oro Valley Homes for Sale
Oro Valley Homes for Sale, Oro Valley Real Estate in Oro Valley Arizona AZ. Search Oro Valley Homes and Real Estate, Oro Valley Realtor Ian Taylor
Wondering if remodeling will add value to your home.
I know it's conventional wisdom to think that all remodels and renovations add value to properties. This actually isn't the case.
Did you know, a minor kitchen remodel costs just over $20,000 (average) and only adds around $16,000 to the total value of the home?
For a full breakdown of renovation costs/returns, I recommend checking out Remodeling Magazine's Key Trends Cost vs. Value Report
If you plan on staying in your home for a long time, making your space more liveable is a great choice, especially if you can see a nice return on the money you put into it. I just wanted to take a second and share this report with you, and if you have any questions regarding your local real estate market, don't hesitate to ask!