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Six Reasons Why Most Home Based Businesses Fail
By Trent Brownrigg
Every day thousands of people are looking to get out of the "rat race" to work at home. Most of those people want to get started on a home based business so badly that they do not always make wise Read more...

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Sell Luxury Homes Quicker With A Remodel
By Alexis Hunter
High priced homes all over are getting a quick remodel in order to the best house available on the market. Homeowners are updating the kitchen, putting in the best patio, or remodeling the master Read more...
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Drive Home Safely, Get A Ride
By Kenneth McKinley
Christmas and the New Year are times and occasions when people have a lot to celebrate about. There are those who celebrate the good times during the past year. There are those who are there to give Read more...
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Compare Home Security System
By Sean Hattaway
Although most home security systems are reasonably priced these days, itís important to know that youíre getting everything you need. There are many different types of alarm systems available. When Read more...

The District of Columbia receives HOME Investment Partnership Program funds from HUD every year, just like other jurisdictions. HOME was designed to stimulate the formation of creative local, state and federal partnerships for the purpose of meeting community housing needs, with a special emphasis on nonprofit, community-based housing development organizations. ...
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Make Money Renovating Your Home
By Sara Green
Do you love your home? Does your contain thousands of memories - raising your children, holidays, and weddings? Did your parents raise you in your - has it been in the family for two generations or more? If so, perhaps you'd like to renovate and modernize your and continue to live in your wonderful homestead. But if you plan on selling your home, making some much-needed renovations can greatly improve the selling price of your property.

Is it possible to add value to your through renovations? Answering this question depends on the and the renovation project, but for the most part, yes it is possible. Stores like Depot and other renovation retailers see billions of dollars each year spent on updating homes. This is a clear indicator of the frequency of renovations, but lets take a look at some figures before judging the success of a renovation project. As a smart homeowner it is best to plan first; look at how much you want to spend and realistically how much value the project will add to the house.

A typical bathroom remodel costs somewhere around $11,000. Sure this may be a bit pricey for some, but consider that on average that same typical bathroom remodel added just over $11,000 worth of value to the home. After a quick calculation in your head it is easy to see that a homeowner

can recoup over 100% of their costs. Projects that take place in other rooms throughout the house show somewhat similar results.

Research printed in the National Association of Realtors and Remodeling magazine shows that most homeowners can rationally expect to recover their renovation costs if they plan carefully. For example a middle of the road remodel of one's kitchen costs $43,000 on average and can add value of about $40,000. This is a better than 90% recovery of funds.

A common renovation for older homes is replacing old windows with newer, more efficient windows. In a mid-sized this would cost about $9,500 and add somewhere around $8,600 of value to a home. In comparison renovating a master bedroom on average would cost $76,000 and recover about 85% of that money. If you are looking for an addition, a family room would cost around $55,000 and return about $45,000, or 83% of the value.

With the help of a well-informed real estate agent, you'll need to decide what renovations will truly enhance the selling value of your home. For example, not everyone needs a office in their new home, but everyone needs a bathroom or two! Attractive borders around your kitchen wall turn out to be mere "fluff" if the paint in the dining room is peeling. Your real estate agent will make sure that potential buyers see the essential, quality renovations rather than the fluff.

Homeowners shouldn't undertake major renovations solely to turn a profit. Renovations are really for enjoyment and not for putting money in your pocket. However, if you're happy with the results of the renovations you have carried out and completed, and they increase the quality of life for you and your family, then your money has spent.
Sara Green is the real estate marketing director for Placerville real estate where you can find local school information, full access to the Sacramento California area MLS listings. Visit: www.debrarealtor.com


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