Welcome to the New RealTown! Submit Feedback
Member Login | Join RealTown
The Real Estate Network

Real Estate Bits and Pieces

Blog by Susan Pruden
Cheverly, Maryland

Informal observations about Prince George's County Real Estate and happenings around our local area. I'm Susan Pruden, in Cheverly Maryland and I welcome your comments and participation.

Subscribe

Your E-mail Address:
Subscribe to:

Recent Comments

RE: Pride of Ownership Makes A Difference
Great point, Mr. Mogul! I was also thinking about...
RE: Pride of Ownership Makes A Difference
I agree with the fact that pride of ownership is e...
RE: Remodel or Sell?
I have been involved in the rehabbing of two homes...
re: Getting In the Door
I am key challenged too.  I think it is a hei...
re: Getting In the Door
Not sure if my first comment was property posted s...

Site Feed

RSS Feed

Remodel or Sell?

Sunday, June 22, 2008
Categorized in: Home Improvements

I'm so-o-o far behind in my reading -- I'm trying to catch up on articles I bookmarked months ago. I came across this little gem from early May.

The Washington Post had an article in the Real Estate section called "If You Can't Sell the Home, Why Not Remodel?"  The gem came at the end of the article, in the form of a website called RemodelOrMove.com, with all kinds of calculators to play with. (I love playing with calculators like these.)

Another website that sort of goes hand-in-hand with this is CostVsValue.com from Remodeling Online. The Cost Vs. Value Report describes the average cost of a whole variety of remodeling projects, the amount that it may add to your resale value and the percentage of the cost that would be re-couped. Keep in mind that these numbers are averages over very large areas of the country, so your mileage may vary. However, it's a great place to start.

(C) Susan Pruden.

User Comments

1. RE: Remodel or Sell?

Written by: Ron Wunsch
Monday, June 23, 2008
I have been involved in the rehabbing of two homes in Fenton, MO just outside of St Louis. Our initial estimate for the rehab was approx $25,000. We went roaring by the $25,000 estimate and have surpassed $40,000 at this time. I am really interested in taking a look at the 2 websites you name in your article. Thanks for the information. 

Write a Comment

Your Name:  RealTown Members: Click here to login
Your E-Mail: 
Your Website: 
Subject: 
Your Comment: 
Notifications: 
Privacy: 
Verification: 
To verify that you are a human and not a script, please enter the verification word from the image into the box on the right.