Chris' Corner: Top 10 Remodling Projects For Your Money.

Top 10 Remodling Projects For Your Money.

 

George Souto, a mortgaging consultant from Middletown, CT and fellow active rain blogger shared this information on the top ten remodelling projects for New England.  I cannot imaging the numbers would change dramatically in Simcoe County...

 

At McCue Mortgage we come out with a Newsletter once per quarter.  In our newest Newsletter one of the articles that we had in it particularly stood out for me, because of the series of blogs that I just completed on the new Connecticut Housing Finance Authority (CHFA) FHA 203K Loan Program. The article listed the "Top 10 Remodling Projects For Your Money"

When making renovations to a house it is good to know what the increase in value to the house is expected to be.  Most people think that for every dollar of improvements that they make that they will receive an equal increase in value in the house, but as you can see from the chart below that is not the case.  The information below was provided by "Remodeling Magazine" in their "Remodeling Cost vs Value Report.

 

I was surprised to see that the #1 return on value was an "Entry Door" which is the least costly item on the list.  If you are selling your house and thinking of making some improvements to it to be able to sell it for a higher amount, you might want to refer back to this list before you make that investment.

 

******************************************************************************************************************

Who To Call For Your Mortgage Needs In Connecticut:

George Souto NMLS# 65149 is a Loan Officer who can assist you with all your FHA, CHFA, and Conventional mortgage needs in Connecticut. George resides in Middlesex County which includes Middletown, Middlefield, Durham, Cromwell, Portland, Higganum, Haddam, East Haddam, Chester, Deep River, and Essex. George can be contacted at (860) 573-1308  gsouto@mccuemortgage.com, or visit my McCue Mortgage Homepage.

Chris Smith CSSBB
          Sales Representative

Interested in Buying or Selling Real Estate?

  ph: 1.866.936.3500

Re/Max
Chay Realty Inc.,
Brokerage

Comment balloon 0 commentsChris Smith • July 19 2011 01:25PM

Comments

Participate