Will Remodeling Your Home Increase Its Value?

Article and infographic submitted by Thomas Jepsen.

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The answer is yes. If you’re like most homeowners, you would like to know how much the value of your home will go up as you upgrade it. You might have considered changing the siding on your house, or perhaps you’re considering remodeling one of the bathrooms. As mentioned, the good news is that upgrading your home will increase its value, but you generally won’t be able to recoup the full amount you invested. When you upgrade your home, you’ll also get to enjoy the added comfort from upgrading.

When selling your home you’ll get some of the money you spent back through an increase in the resale value, but how big a percentage of the original costs you get back will depend on several things. First, some remodeling projects allow you to recoup a higher percentage of costs than others. For example, changing the vinyl siding on your home will on average cost $12,013 and allow you to recoup 80.7% of that amount, while remodeling the bathroom will allow you to recoup an average of 70.0%. On top of that, your choices during the remodeling process will also affect the future resale value.

To help you understand whether or not your next remodeling project is a good idea, Contractor Quotes has published an infographic that looks at popular remodeling projects and what you need to be aware of if you want to recoup a high percentage of your costs. After studying the infographic, you’ll hopefully feel more prepared to start the project!

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At Builder Boy, we are committed to offering viable building and remodeling solutions to homeowners and business owners alike, bringing beauty, form, and function back into every home, office, and building we rebuild, retouch, and restore. Our team of experts are dedicated to their craft and will work relentlessly to turn your dream or vision into a reality. Diligent planning, expert opinions, clear-cut organization, honest communication, quality materials and quality craftsmanship are keys to our business success and assure the swift and solid construction of any project. With every improvement project we accept, we aim to work with our clients to build a better home or business that will not only add beauty to the community but will boost the value of the property and quality of life.

If you are a homeowner, business owner, architect, interior designer, or design firm, please feel free to contact the professionals at Builder Boy. We can be reached by phone at 562.218.3295 or by email at info@builderboy.com. We also invite you to visit our office and showroom in the beautiful city of Long Beach. We are conveniently located at the corner of Pacific Coast Highway and Cherry Ave.

About Builder Boy - General Contractor

Builder Boy has been servicing home and business owners in the greater Los Angeles and Orange County area for over 20 years. We are regarded as the leader in the remodeling business and are recognized as the best construction company and general contractor in Southern California. We offer interior/exterior painting services, stucco, kitchen and bath remodel, custom cabinets, cabinet refinishing, cabinet refacing, interlock paving systems, stone walkways, concrete driveways, custom barbecue islands, custom fire pits, room additions, and storage solutions.