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Have you been considering an upgrade of your current home or just finding a new one. What is the easiest process? What costs will I incur? How do I find a contractor? Will a remodel or upgrade pay off? If you are in this category, let us help you find the answers. First, consider your location. Is it right for you? Is it close to shopping, schools, parks or other activities? Remember the three most important words in real estate are always, Location, Location, Location. But if you could LOVE another location, call a local Realtor expert to receive a comparative market analysis (CMA). A CMA will tell you how much your current home is worth, what your neighbors’ homes are selling for and whether you can afford to improve your current property or move to a new location. If homes are selling for $225,000 in your neighborhood, don’t expect your home to be worth $350,000 after your improvements.
There are many home improvement projects that will give you the most return on your investment. One of the top trends across the nation is an updated kitchen and an open floor plan, this project has an average return of 82.%. Also, consider updating your curb appeal and outdoor living space. A new front door or garage doors has an excellent return averaging from 78-98%. Other areas of your home that can add to living space, such as attic space or basement family rooms will prove profitable. Remodeling or adding a bathroom will see an average 85% return. To get ideas for your home or exploring the marketplace go to open houses, the local Parade of Homes, talk with neighbors, friends, family and area experts for ways to improve your home and add to your equity.
Taking on a large project or selling and finding a new home is an important decision and should be done with expert advice and guidance. Using an expert will give you better bang for your buck, especially when it comes to selling your home. The Building & Remodeling Expo in Billings MT will be held January 10 & 11 at the Holiday Inn Trade Center. This will be an excellent time to meet area experts in all fields. We look forward to seeing you there. #bangforyourbuck, #remodeling #location #investment #investment #homeimprovements