How To Get The Most For Your Money:
Payback:
Sell or Remodel is centered on your payback or return on investment. Most homeowners start remodeling with the kitchen or a bathroom, both of which can cost a fair amount of money to upgrade but also show better-than average payback at sale time. Will it be a worthwhile investment? The answer depends on the type of payoff you're looking for.
If you decide to remodel, don't expect to recoup the funds spent on home improvements when you eventually sell the property. Some remodeling projects are likely to be far more financially rewarding than others, yet few yield a 100% return. If you can keep costs down, however, perhaps by doing some of the work yourself, your project might pay you back in full at sale time, maybe even show a profit. Remember, though, the primary reason for remodeling is to meet your living needs, not to make your house worth more.
The point of some projects is simply to bring a house up-to-date. Remodeling a 1960s-era kitchen would make your home more competitive (at sale time) with 21st Century homes. A new kitchen would almost certainly increase your home's value compared with neighborhood homes that haven't been upgraded.
Recognizing Limits:
Don't make the expensive mistake of remodeling your house just to sell it faster or at a higher price. You'll waste your money, frustrating your ability to move into a home that better meets your own needs. Put your current home on the market in clean, well-cared-for condition, but save your money to redesign or decorate your next, more-spacious house.
Also, be careful when remodeling or expanding your home that you don't over-improve. Remember, your home's value reflects (and is limited by) the value of homes in your immediate neighborhood.
House or Community? ::
For some homeowners, the community or lifestyle they enjoy in their current home is a great reason to stay put. You can't buy a sense of community — it's something you develop over the years. If you are unwilling to trade familiarity, friends and neighborhood for a larger home in another area, then remodeling could be the best solution.
As you consider remodeling, however, be sure your current neighborhood can carry the evolved house. If yours is the only house in the community that has been bumped out or up, it may be difficult to sell eventually, and you're not likely to recoup much of your remodeling investment.
Don't forget to check local zoning laws and homeowner association limitations if you intend to add on to the dwelling. If your house already takes up a large portion of the lot, local zoning may limit how much more house you can build.
As you consider improvements to your home, keep in mind that landscaping and exterior appearance will attract buyers to your home. Once they get inside, they'll be looking for functionality, durability and convenience.
Before taking on remodeling projects or major additions to your home, give us a call to see if we can help you find an existing home that meet your needs.
For more information, please visit our  website.
Paradise Valley Homes Arizona:
The Paradise Valley real estate website offers insider information on many Paradise Valley, Arizona luxury neighborhoods. It's designed to give you an idea of the local market and current Paradise Valley real estate Multiple Listing Service (MLS) listings and all of the Maricopa County listings that are currently available. We understand that your time is precious - why waste it trying to find descriptions of communities or downtown ondo buildings?
Get all your Paradise Valley real estate research done right here, in one place. We want to make navigating the real estate world as easy as possible, you'll see that on our website, and you'll see it in our service.
If you'd like more information about relocation, luxury real estate, waterfront homes, or properties in Paradise Valley, AZ, please don't hesitate to contact us at: (http://www.paradisevalleyrealestateusa.com/contact-us.html). We're happy to answer all questions, big or small.
There are actually two Paradise Valleys. The first is the more secluded Town of Paradise Valley, comprised mainly of high-dollar homes nestled against the sides of Sonoran Desert hills or hidden behind oleander-covered estate walls. Commerce here is limited almost entirely to a handful of award-winning destination resorts. The town's country club atmosphere creates a sense that this is paradise found.
The second is Greater Paradise Valley, a larger, more diverse community that encompasses newcomers and longtimers, the young and the old, and businesses large and small. At its core is Paradise Valley Mall, the regional shopping center and surrounding all this are the homes that make up Paradise Valley real estate.
The Town of Paradise Valley, located just north of landmark Camelback Mountain, is almost entirely residential. Among its amenities enjoyed by residents and visitors alike are Marriott's Camelback Inn Resort & Spa, Marriott's Mountain Shadows Resort, Doubletree's La Posada Resort, the Sanctury Retreat, and the exclusive shops and restaurants located near the town's border with Scottsdale, and Phoenix.
Payback:
Sell or Remodel is centered on your payback or return on investment. Most homeowners start remodeling with the kitchen or a bathroom, both of which can cost a fair amount of money to upgrade but also show better-than average payback at sale time. Will it be a worthwhile investment? The answer depends on the type of payoff you're looking for.
If you decide to remodel, don't expect to recoup the funds spent on home improvements when you eventually sell the property. Some remodeling projects are likely to be far more financially rewarding than others, yet few yield a 100% return. If you can keep costs down, however, perhaps by doing some of the work yourself, your project might pay you back in full at sale time, maybe even show a profit. Remember, though, the primary reason for remodeling is to meet your living needs, not to make your house worth more.
The point of some projects is simply to bring a house up-to-date. Remodeling a 1960s-era kitchen would make your home more competitive (at sale time) with 21st Century homes. A new kitchen would almost certainly increase your home's value compared with neighborhood homes that haven't been upgraded.
Recognizing Limits:
Don't make the expensive mistake of remodeling your house just to sell it faster or at a higher price. You'll waste your money, frustrating your ability to move into a home that better meets your own needs. Put your current home on the market in clean, well-cared-for condition, but save your money to redesign or decorate your next, more-spacious house.
Also, be careful when remodeling or expanding your home that you don't over-improve. Remember, your home's value reflects (and is limited by) the value of homes in your immediate neighborhood.
House or Community? ::
For some homeowners, the community or lifestyle they enjoy in their current home is a great reason to stay put. You can't buy a sense of community — it's something you develop over the years. If you are unwilling to trade familiarity, friends and neighborhood for a larger home in another area, then remodeling could be the best solution.
As you consider remodeling, however, be sure your current neighborhood can carry the evolved house. If yours is the only house in the community that has been bumped out or up, it may be difficult to sell eventually, and you're not likely to recoup much of your remodeling investment.
Don't forget to check local zoning laws and homeowner association limitations if you intend to add on to the dwelling. If your house already takes up a large portion of the lot, local zoning may limit how much more house you can build.
As you consider improvements to your home, keep in mind that landscaping and exterior appearance will attract buyers to your home. Once they get inside, they'll be looking for functionality, durability and convenience.
Before taking on remodeling projects or major additions to your home, give us a call to see if we can help you find an existing home that meet your needs.
For more information, please visit our  website.
Paradise Valley Homes Arizona:
The Paradise Valley real estate website offers insider information on many Paradise Valley, Arizona luxury neighborhoods. It's designed to give you an idea of the local market and current Paradise Valley real estate Multiple Listing Service (MLS) listings and all of the Maricopa County listings that are currently available. We understand that your time is precious - why waste it trying to find descriptions of communities or downtown ondo buildings?
Get all your Paradise Valley real estate research done right here, in one place. We want to make navigating the real estate world as easy as possible, you'll see that on our website, and you'll see it in our service.
If you'd like more information about relocation, luxury real estate, waterfront homes, or properties in Paradise Valley, AZ, please don't hesitate to contact us at: (http://www.paradisevalleyrealestateusa.com/contact-us.html). We're happy to answer all questions, big or small.
There are actually two Paradise Valleys. The first is the more secluded Town of Paradise Valley, comprised mainly of high-dollar homes nestled against the sides of Sonoran Desert hills or hidden behind oleander-covered estate walls. Commerce here is limited almost entirely to a handful of award-winning destination resorts. The town's country club atmosphere creates a sense that this is paradise found.
The second is Greater Paradise Valley, a larger, more diverse community that encompasses newcomers and longtimers, the young and the old, and businesses large and small. At its core is Paradise Valley Mall, the regional shopping center and surrounding all this are the homes that make up Paradise Valley real estate.
The Town of Paradise Valley, located just north of landmark Camelback Mountain, is almost entirely residential. Among its amenities enjoyed by residents and visitors alike are Marriott's Camelback Inn Resort & Spa, Marriott's Mountain Shadows Resort, Doubletree's La Posada Resort, the Sanctury Retreat, and the exclusive shops and restaurants located near the town's border with Scottsdale, and Phoenix.