To Remodel or Not To Remodel, Therein Lies the Question…Sooner or later many homeowners are faced with a decision as to whether they wish to purchase a new home or stay where they are and remodel.  It is extremely important before you make this decision to consider the following:

Remodeling an existing structure without adding any extra square footage can be tricky when it comes to adding cost basis to your home without getting the benefit of the extra square footage upon the sale of the property.  Historically it has been proven that most remodel projects that do not add square footage, only recover a portion of the original investment back, with kitchen and bathroom remodels netting the highest return.

Often the decision to remodel should consider your long range plans. If you are planning on staying in your property for many years and intend to enjoy the remodel for many years, then remodeling might make sense for you.  But, if you are remodeling just for the sake of increasing your property’s value, that may not be the case.  The Lindas invite you to contact them so that they might share their thoughts with you about your options and discuss current and future value of the contemplated project.

A carefully planned and executed remodel which includes adding square footage to the house can be ultimately profitable with costs being recovered possibly many times over from a future sale.  Many of those considerations though, depend upon your specific house and the intended remodel, along with the location of your home.  This again, is another reason why they advocate getting advice before you begin the long process of remodeling your existing home.

In any case, should you decide to remodel, please be sure to check with the community development department of your local city before embarking on any project.  Many remodels, even the most simple, will require permits and most cities’ websites will give you descriptions on what type of projects require permits.  You can find the links to the various city websites in our South Bay/LA Communities pages.