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A Soft Seller's Market?
Maybe It's Time To Remodel
 Being a seller in today's housing market is tough. There are many more homes
on the market than last year and all are competing for the attention of a smaller
number of buyers. Now might not be the right time to sell your home.
However, maybe you need more space for a growing family. Or perhaps your
outdated kitchen is so inefficient that you've found yourself eating out every
night. Buying your dream house with more bedrooms and a gourmet kitchen
might solve your problems – or you could stay out of the difficult housing
market altogether and remodel instead.
Benefits of Remodeling
Remodeling can be a good way to get the space you need without the hassle
of selling your home. If you enjoy the location of your home, it's an even
bigger incentive to stay put and turn the house you already own into the
house of your dreams.
Another bonus of remodeling is that by bringing your home up to date or
expanding the square footage, you can expect to recoup some of the costs
if you do decide to sell.
Make Changes without Losing Money
According to Remodeling magazine, the best
remodeling investments are:*
- Siding replacement (cost recovered: 87%)
- Minor bathroom remodel (cost recovered: 85%)
- Minor kitchen remodel (cost recovered: 85%)
- Window replacement (wood) (cost recovered: 85%)
- Two-story addition (cost recovered: 83%)
- Adding an attic bedroom (cost recovered: 80%)
By making these or other valuable improvements, you can get more mileage
out of the place you already call home. Call us at (775) 333-4228 or visit our
Web site, www.greatbasin.org to learn more about how a home equity loan
or home equity line of credit could help finance your remodel.
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