SINCE 2005, the thoughts of GENE D. PETRO | CHICAGO REALTOR® & Top Producing Web 2.0 Real Estate Blogger | Organic Housing Content | MLS Search Engine | Relocation & Short Sale Advocacy.
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Monday, October 09, 2006
Return On Investment
Below is an interesting piece from Kiplinger:
What's the Payoff for Remodeling?
With luck, you could recover 86% or more of your cost.
Remodeling projects are enticing investments. You get to play the Iron Chef in a new, modern kitchen or pamper yourself in a spa-style bathroom, then recoup your money when you sell your house. In fact, anticipating that payback is often a driving force in convincing yourself—or your spouse—that a project is worth the money. But how much return can you count on?
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