When homeowners decide to tackle a major remodeling project, they tend to focus primarily on their immediate needs – more space, more functionality or simply a more pleasing aesthetic. But a major renovation project also involves long-term considerations.
That’s why many homeowners focus their remodeling efforts on the kitchen and bathroom of their home. These tend to be the two areas in the house with the most potential for a refresh that adds practical and financial value.
In fact, according to recent trends, the average major kitchen remodel adds more than $67,000 to a home’s resale value. For a big bathroom overhaul, almost $35,000 of resale value is added on average.
Talk to First Centennial Mortgage for insight on how to make your remodeling plans a reality.