Ah, Spring! And our thoughts turn to …Remodeling!

It might be a good time to remodel! And then again, it might be a good time to move! After years of soaring appreciation in home prices, this present, more moderate market has changed the thinking of homeowners
across the nation as well as here in the Sacramento area.

A couple of years ago, any money you might have put into the favorite remodel projects—kitchens and baths—was a sure bet to come back to you when you sold he home. In some markets, more than 100% of these projects’ costs came back to sellers within the first year or two of completion in enhanced appreciation. Presently, that return is down to around 80% and is much less than a sure thing.

That being said, building supplies have come down in cost in many areas. Lower building rates across the country have, for example, dropped drywall sheets cost by nearly half over just a short time ago! If you’re a do-it-yourselfer, this could be really welcome news.

If you’re rethinking the remodel/move dilemma, consider looking on the web for RemodelOrMove.Com and filling out the short survey. Click on the “calculate” button and read the result. Like many internet sites, this information should be taken with a grain of salt. But it’s a good place to help clarify your thinking. Another good source for decision-making information is to contact any of us on The Fox Team. We can help personalize the information you’ve found!