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Remodeling? Experts say some projects add to home value more than others

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  • Mom of 8 Hyrum, UT
    July 26, 2014 12:20 p.m.

    Don't most people remodel their homes because they are NOT planning to leave anytime soon, and are trying to make their existing home better for themselves?

    I never understand the approach of "How can you best recoup your expenses when you sell . . ."

    Shouldn't the remodel be about what that family needs to improve their livability, rather than what some random buyer may want in 5-15 years from now?

  • utah dane Herriman / USA, UT
    July 26, 2014 4:36 p.m.

    I agree with Mom of 8 that remodeling should be done for the convenience of the homeowners. However, I think the point in the article is that it seems most of us move at some point and we should be careful to not put more into our home than the neighborhood will support. If homes in your neighborhood sell for $250k, then a large addition and remodel costing $75-100k will be fun, but you won't recoup your investment when you sell.

  • george of the jungle goshen, UT
    July 27, 2014 9:13 a.m.

    Pride of ownership is what Insurance look at.

  • LDS Liberal Farmington, UT
    July 27, 2014 9:50 a.m.

    ‘Remodeling? Experts say some projects add to home value more than others’
    ====

    But reality says -- Appraisers ONLY consider square feet & # of bedrooms/bathrooms.

    Everything else is just lipstick on a pig to get it to sell.
    You won't get ANYTHING back on it.

    Might as well may your house the place YOU want it to be, live it, and enjoy it now --rather than thinking about making a buck.

  • Aggie5 Kuna, ID
    July 27, 2014 10:34 a.m.

    Heres a novel idea. People should start staying in there homes till there paid for. That's the only way to get ahead in life in regards to your home.

  • Brent T. Aurora CO Aurora, CO
    July 29, 2014 2:09 a.m.

    Yes, aggie5, what is with the assumption of both this article and (for instance) Utah Dane that "most of us move at some point?" The grand idea is not to be gypsies, but rather to buy a home as soon as fiscally possible, pay it off quickly (it costs very little to add the paltry amounts of principal at the front 10 to 15 years of a 30 year loan to monthly mortgage payments) and establish roots in our communities.

    Already can see the retorts coming that jobs cause relocation. My counter is that this is for people whose jobs and careers are their life. Versus home and community is life, with jobs being a means to that end. Different priorities.