If you’re thinking about sinking some money into home improvement projects, like a San Mateo Kitchen remodel this year, keep a few things in mind. What you’ll get back on your investment depends on the value of your house, the value of houses in your immediate neighborhood, the housing market where you live, how soon you sell after making improvements, and the quality of the project itself.
Kitchens & Baths
In the hottest housing markets, springing for a kitchen or bath remodel is a sure-fire investment, often returning more than 100 percent of the cost. In San Mateo for instance, a $19,400 bathroom remodel recouped 182 percent of its cost at resale, according to Remodeling’s 2004 study. The markets in San Francisco and San Diego also offered triple-digit returns on a bathroom remodel. Minor kitchen remodels (average cost: $15,273) also provided returns of more than 100 percent in cities including San Mateo Kitchen Remodel, Foster City, Hillsborough Kitchen & Bath remodel.
Second, if you’re not planning to move in the near future, spend your money remodeling in a way that you’ll most enjoy. A San Mateo realtor recently showed a house with a kitchen that had been remodeled just two years ago. “I opened the Viking range and the original packaging was still inside,” The homeowners “are not cooks. The kitchen is terrific, it’s magnificent, but they don’t use it.”
In other words, you can’t measure the value you get out of your use and enjoyment of the home improvements you make. “Even if you get less than 100 percent of your money back, you’re really ahead of the game over time because you get the use of all that space,”
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San Mateo Plumber, San Mateo Bathroom Remodel
San Mateo Kitchen & Bath Remodel