Why Remodel

Remodeling that holds its value

According to Remodeling Magazine's 2009-10 Cost vs. Value report, the Southeast region continue outperforming the rest of the nation by a considerable amount, with returns of 94.8%. Although construction costs are nearly double national averages, value at resale for the Southeast region outstrips national averages by more than 33%. The result is an average cost recouped percentage that is 14.8% higher than the rest of the country.

Where families focus their updates

Some interesting trends have developed over the past year and are expected to continue through 2010. Kitchens and bathrooms continue to offer strong value along with converting attic spaces into spare bedrooms. Generally, families are focusing on remodeling their bathrooms; especially master suites, and converting attic spaces into spare bedrooms - the least expensive way to add conditioned living space. For many professional Remodelers, kitchens and bathrooms were remodeled, expanded, and updated more often during 2009 than at any other time during the last 18 years. This trend is expected to continue throughout 2010 as bathrooms and kitchens simply wear out and families need more living space. For many in this economic environment, adding space and updating tired bathrooms and kitchens is far more cost-effective than moving.

Why it matters here

Western North Carolina is one of the countryu2019s most desirable places to live: mountain views, strong communities, and homes that reward thoughtful updates. Thatu2019s why quality renovations here tend to hold their value.