Home owners love to remodel, fix up and update their homes. There are many things to consider when doing so. A few question you should ask yourselves are, “Why are we doing this remodel?”and “Will this remodel appeal to limited people?” Both these questions are driving at the same fact. This fact is that different projects return different percentages between the cost of the job and the resale value. For example you will get a lower percentage of a return for your money on a home office remodel vs a kitchen remodel. By asking these questions and understanding your answers you can decide if your remodel is going to be designed more with resale in mind or if you “just want it done your way”. Our recommendation is that you make any remodel “yours” to the point that it suits your home, taste, budget, and family, yet also keep the resale value in mind by consulting professionals and doing research through out the processs.

Every year REALTOR Magazine does a large study on the “Cost vs Values” on many popular remodeling projects. The report compares Denver to the national average. The report, like most things in life, does have exceptions, there will always be occurrences where the value will be higher or lower based on several other conditions. That is why it is important to consult professionals throughout the process. As your professional REALTORS we can help you determine a more accurate cost vs value for your neighborhood. We have consulted and helped on numerous projects to be sure your project/remodel is a smart investment, so please call us with your ideas and questions.

Good luck on your project!