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Home Improvement Statistics In The U S Article
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Home Improvement
from:Home Improvement: 3 Reasons It Is Essential
Home improvement is critical to maintaining a home. Improving your home may even be the only option available in a down real estate market where it can be nearly impossible to sell a home. For those who are on the fence about making big improvement investments, consider carefully why this may be one of the best things you do for yourself and your home.
#1: Home Improvement Adds Value
One of the easiest ways to benefit from adding a few home improvement projects to your home is the fact that you can easily benefit from the added value. For example, adding a deck, porch or repairing a room can help to make your home's value higher. Major construction projects, such as remodeling a kitchen are also options you have to add value, but there is usually not as much value added as the project itself costs. Real estate agents estimate that a kitchen remodel can add about 75 percent to 80 percent of the improvement's cost to the value of the home.
#2: Your Home Is More Livable
Another reason to look towards home improvement is the value added to your day-to-day life. Perhaps you are tired of having drafty windows. You may even have some improvements that are health risks, such as leaky ceilings or moldy basements. In these instances, you will greatly improve your quality of life by making the changes in your home. Most people will benefit from the improvements they do because they will choose projects that fit their tastes. What would you like to see improve in your home? What would make your home more comfortable or better fitting to your lifestyle? You can, and should, incorporate these projects.
#3: Sell Your Home Faster
In some instances, individuals are hoping to sell their homes. Making a few minor home improvement projects top priority can help you to sell your home quickly. A fresh coat of paint or improving the broken aspects of the home will make the home more attractive to buyers. In a highly competitive market, your home should look as pristine as possible to home buyers. Do keep this type of home improvement to a neutral design. You want the homebuyers to be able to see themselves living in your home.
As you can see, there are many reasons to consider a home improvement project or two. The bottom line is, your home is your castle. If you want to ensure it gives you what you want, sometimes you have to do some updating, fixing or remodeling. Usually, this type of project pays off, more so than not. If you have not done any projects recently, consider what you could do. Your options may be endless!
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Home Improvement Statistics In The U S News
US sales of new homes rose 3.3 percent in April
Americans bought more new homes last month, the latest evidence that the U.S. housing market could be starting to recover.
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U.S. sales of new homes likely rebounded in April after a big decline in March. An increase would add to growing evidence of gradual improvement in the housing market.
Read more...April new-home sales up
Sharp gains reported in every region except South. WASHINGTON -- Americans bought more new homes last month, the latest evidence that the U.S. housing market could be starting to recover.
Read more...Americans Bought 3.3% More Homes in April
New-home sales increased 3.3% in April from March to a seasonally adjusted annual rate of 343,000, the Commerce Department said Wednesday.
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