The Best Remodeling Choices for a Soft Housing Market – Ventura Real Estate

by Gary and Lisa Schoeffler on October 10, 2011

in Latest News

The Best Remodeling Choices for a Soft Housing Market

These days, new exterior doors often bring a better return on investment than a kitchen re-do

October 6, 2011 RSS Feed Print

Updated kitchens, pretty and functional bathrooms, and classy curb appeal still rank high on the list of renovations that lure homebuyers. But today’s soft housing market conditions demand that homeowners carefully consider projects in order to get an attractive return on their investment.

Homeowners should conduct a cost analysis of their remodeling budget and pay close attention to local real estate values. A $50,000 kitchen renovation in a home currently worth $200,000 makes little sense for resale in the predicted steady to slowly improving months ahead.

This article has some great advice! The “old standards” have to be looked at through the lens of a very different real estate market than we have ever seen.

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Post by Gary and Lisa Schoeffler

Gary and Lisa Schoeffler are Ventura Real Estate Professionals specializing in residential real estate. Their expertise in helping both buyers and sellers is widely recognized in Ventura County. How can they assist you today? Wondering what the market is like? Call them, they will be happy to talk with you about it. 805-320-4472

Gary and Lisa has written 371 articles.

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