At the end of 2014, median home prices – $208,500 – rose to their highest levels since 2007. This also represents a 5.8% increase from 2013 ($197,100). As you can probably imagine, home sales also picked up. The housing market is on the rise. So what you want to know is “How can I ensure my home sells for top-dollar?” The answer: remodeling. According to U.S. News, “real estate agents and remodelers say updated kitchens and baths still bring a significant payoff, especially at resale time.”
Whether you specialize in flipping houses or just want to increase the value of your home, there is perhaps no better way to make a house more appealing to potential homebuyers than a newly remodeled kitchen and bath.
A Quick Sell
While the housing market is on the rise, it is still saturated with homes for sale. This is great news for home buyers, but bad news for anyone looking to sell their home quickly. With numerous options available, homebuyers have the luxury to be extra picky, which is why experts suggest renovating those old and outdated kitchens and baths. It can make all the difference to a potential buyer who has many homes to choose from.
Return on Investment
Kitchen remodeling carries an average ROI (return on investment) of 82.7%, while bathroom remodeling carries an ROI of 72.5%. This means that remodeling will not only help you attract potential home buyers, but will also help you get the most out of your home.
Kitchen and Bathroom Remodeling from Albaugh & Sons
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Our teams pay meticulous attention to detail to ensure that every aspect of your remodel is exactly how you imagined it. We will work with you and craft a personalized and creative plan that to help make your vision a reality.
If you are looking for a Remodeling Contractor in Frederick, you’ve found them! Please contact Albaugh & Sons at 301-964-9379 or fill out the contact form found on our website. We are based in Frederick, Maryland and service all of Frederick County and parts of Washington and Carroll counties.