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Before you think of remodeling your home, you might want to at least have an
idea of what it will be worth after spending the money required for the remodel.
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Yes, Kitchens, bathrooms, and room additions typically get the most return on
investment, but how much? What if you're planning on finishing your basement?
Many homeowners are surprised that finishing a basement in the typically only
gets a 60% return on investment in the
Colorado real estate market,
and it can
be more or less depending on whether the basement is a walkout, garden level,
or cellar basement.
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If you're thinking of remodeling your
Colorado home,
AutomatedHomefinder.com provides a
free home evaluation tool
that will allow you to determine from a non-biased point of view whether it's
a worthwhile effort, or if you should consider moving instead.
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All you need is to follow the simple step by step instructions, and evaluate
the home on its current merits. In other words, use
Automated Home Evaluator
to decide what your Colorado home is worth as-is. Once you have done that, you
can forecast what the home might be worth AFTER you remodel. (For example, if
your home is currently a "5" on a scale of 1 to 10, and you plan on doing some
improvements that will make it a "10", simply change the condition of the home
after you've done the work, and AHF's
real estate evaluation tool
will automatically forecast what the home should be worth after your fix-up!
If you're thinking of adding a 4th bedroom that will add 200 square feet to
the home, simply adjust accordingly, and presto -- you'll have an estimate of
the home's worth after your remodel.
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Remodeling a home can sometimes be a far better alternative than moving, but
sometimes it might make more sense to just move into another home that better
suits your needs. With tools like
Automated Home Evaluator,
hopefully it can be less confusing.
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