St Petersburg General Contractor Shares Which Remodeling Projects Pay You Back
I often get asked about which St. Pete home remodeling projects give homeowners the best return at sale time.
Hanley Wood, together with GE Money, Lumber Liquidators, Bostitch, Owens Corning, ThermaTru Doors, and Whirlpool, has compiled city-specific numbers.
These companies publish a remodeling project Cost versus Value Report every year. The report reveals the average cost of a particular kind of remodel in a given city and the percentage of that remodel’s cost recouped by a homeowner when he or she sells.
Many of the homeowners for whom we do historical restoration work do it as a labor of love. They see themselves as stewards of the homes that they are restoring. This report does not cover historical restoration contracting work.
However, the report does cover the kinds of kitchen remodels, bath remodels, deck additions, and entry way remodels that many homeowners hire Saint Pete general contractors like Quality Home Renovators, LLC to do.
According to the Remodeling 2010-2011 Cost vs. Value Report (costvsvalue.com), among the better projects in terms of recapturing dollars are replacing entry way doors (60% to 102.1%), remodeling baths (64.1%), and minor or major kitchen remodels (72.8% and 68.7%).
Even if you’re not primarily motivated by return at resale, it’s still good to see how much value you are adding by remodeling your St Pete home.
One of our recent renovation projects involved restoring a craftsman bungalow in the historic Kenwood section of St Pete. After years of neglect, the home needed a complete renovation to restore its intrinsic charm and add modern amenities.
The owners of the home have been gracious enough to allow us to share some of the “before” and “after” photos from this gorgeous craftsman bungalow remodel. The home was voted “Home of the Month” and starred in St Pete’s historic bungalow tour.
Whether you have a specific project in mind or several that you would like to talk about to see which will give you the best return, feel free to contact me, Diane, at 727.437.6200.
This article written by Diane Portelli of Quality Home Renovators, LLC. Quality Home Renovators, LLC, is a general contractor in St Petersburg, Florida.
