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22 Nov 2010

6 Rules for Remodeling for Best Return

Remodeling your home can be a stressful and daunting experience. At the San Rafael office, we are making improvements of our own. One of the debates turned out to be on paint color choice. We all agree on wanting a warm environment that reflects us. Also, it is important to keep the future in mind. The choices and decisions can be endless.

In addition, remodeling your home can increase value. Josh Garskof from Money Magazine provides 6 ways to ensure a remodeling project pays off. Here is a summary of those rules:

  1. Repairs get the biggest returns (such as fixing that leaking pipe or plumbing issue)
  2. Remodeling beats adding on
  3. Eco-friendly upgrades can save cash (such as EnergyStar appliances)*
  4. Tech infrastructure trumps cool gadgets
  5. Let the Joneses be your guide
  6. The new payback time is five years

Nevertheless, it is important to have fun with it. Remodeling is for you and what fits your lifestyle or company environment. With that, it is important to keep insurance in mind whether it is for your home or business. If you don’t have coverage, we encourage you to apply.

*For tips on saving energy check out our Personal Insurance blog  http://www.costelloandsons.com/blogpersonal/?p=64

22 November, 2010 at 10:49 by admin

Posted in Property, Real Estate tips, Remodeling home | No Comments »

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