approximately 71 percent of current homeowners are contemplating selling their homes in 2014
Chicago, IL (PRWEB) January 31, 2014
As cold weather and snow continue through the last week of January, it is hard to imagine when Spring will come. Soon enough the warm weather will return and home improvement projects will be in full swing. As CF Funding has mentioned before, builder sentiment is high, and residential construction spending is at its highest levels since 2008. Home values are increasing, which may also cause remodeling projects to surge. home remodeling. As many Americans see increased equity in their homes, they become more confident in a remodeling investment. Many may be remodeling this year to increase their home’s appeal in order to sell it, as approximately 71 percent of current homeowners are contemplating selling their homes in 2014.
You may be wondering what is the best remodeling project for your home. Which improvement will provide a large return on investment? What can I afford this Spring? CF Funding is here to help.
According to Power Home Remodeling Group, the 4th largest home remodeling company in America, “Giving your home some added curb appeal with an exterior makeover will automatically boost the resale value of your property… If you plan to stay put, focus on cost effective renovations that make your home more comfortable, functional and low maintenance for your family. Either way, enhancing your home this spring will help protect your greatest investment.” Examples of exterior improvement projects include updating siding, replacing windows, and painting or replacing entry doors.
If you plan to sell your home in the near future, these projects are important because they may make a great first impression on homebuyers. If you are worried about the cost, consider this: according to Steve Brown, the president of the National Association of Realtors, “Projects such as entry door, siding and window replacements can recoup homeowners more than 78 percent of costs upon resale.” The association also rated exterior projects among the most valuable home improvements in their Remodeling Cost vs. Value Report. Examples included deck addition, garage door replacement, and roofing replacement.
Looking to start remodeling indoors before the weather permits outdoor projects? CF Funding suggests a kitchen or bathroom remodel, as they also provide large return on investment. Be sure to contact us if you are considering a refinance, as you could receive cash back to help pay for your Spring projects. Visit http://www.cffunding.com for more info or call (888)-344-4080 to speak to a specialist today!
For more home improvement ideas, visit our Pinterest page at http://www.pinterest.com/cffunding.