Is it Worth It?

Some interested business associates recently inquired about home upgrades worthy of positive financial returns on investment. Zonda Media published an informative article discussing home remodeling projects that may interest homeowners. Of course, your home is a great financial investment, but also a significant investment of time in hopes of maintaining a healthy work-life balance. Home should also be your sanctuary from the day-to-day rat race that is life. In light of this, think about daily comforts and preferences as well as finances. At the end of the day, life is more than just money. Find the right balance for you and your family. While we often remain neutral, customers often request input based on knowledge and experience, and we encourage a little reflection based on individual circumstances, long-term hopes, and daily routines.

For example, think about your kitchen. When company comes, typically guests gather at the kitchen. Do you entertain often? Do you entertain occasionally? This might determine the direction of your kitchen remodeling project. Recently, we visited a customer’s home to discuss the kitchen layout and changes he wanted based on his routines. He enjoyed sitting around the kitchen island when his friends and family visited. Yet, in the mornings, he enjoyed listening to his music while eating breakfast. Therefore, the island positioning, size, and seating accommodated both requests. In this particular case, this project was an upscale major kitchen remodel based on the customer’s preferences and the style of the home. The national 2020 average for this scale project based on research conducted by Zonda Media is $149,079 with a resale value of $80,284, giving a rate of return of 53.9%. So, while this is a large expense, he can expect to see a return on this investment when reselling his home in the future, but in the meantime, he can enjoy the rewards of transforming his home to a place that meets his needs now.

Perhaps, you know you plan on selling your home quickly, but you are wondering if replacing an aged roof is worthwhile. According to Zonda Media research of 2020 national averages, you can expect a 60.7% rate of return for an asphalt shingle roof replacement. At the end of the day, the decision comes down to whether you can afford the project and whether the project makes sense for your lifestyle.

E. P. I. C. Home Professionals, LLC invites you to call our professional team for a free estimate on your next project!


By: Tara Thornburg

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