Home Remodeling and Home Value

How much value does a home remodel add to my home? A very good question. I attended a seminar taught by a fellow Keller Williams agent and 29 year appraiser. We discussed the difficulties, as agents, trying to assist our sellers with the proper pricing of their home. For many sellers pricing becomes an emotional and frustrating issue. A couple of suggestions: Get a good idea of your competition from you agent. Look at all of the features of your competition's homes. Look for new construction in the area. Assess your homes value based on its current age of features Assess your homes value based on doing various remodeling projects Determine if you need to do some remodeling in order to be competitive with other homes. Try to look at your home through the eyes of a potential buyer. The same potential buyer who watches HGTV for the latest trends in housing and wants a "move in" ready home. Work with an experienced agent. The chart shows expected returns for various remodeling projects in the Atlanta area and the Southeast. If you find yourselves in the North Atlanta, Lake Lanier, or North Georgia area look us up at www.randywellsteam.com