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WHY REMODEL?
It's an easy decision. Each year millions of American homeowners decide to make home improvements. Here's why:
Hot and Cold
Improved energy effeciency is a good reason to remodel your home. High heating and cooling bills are literally money out the door (window). Replacing old-fashioned or worn-out windows and doors, siding or roofs can trim heating and cooling bills.
Bigger and Better
Need some space? Glass and screen sunrooms, decks, remodeled kitchens and baths are poular remodeling projects that beautify your home, increase its value and improve the quality of your life.
Ambience
If it loks good, chances are high that you are happy with your home. Homeowners who remodel for aesthetic reasons want to create a more beautiful and comfortable home improvement.
Home Investing
The market value of your home can increase considerably through home improvement projects. Every home, sooner or later, needs to be updated and remodeled.
Your home remodeling project is money well-spent. Here are some regional averages on the percent of return on some common home improvments:
Improvement Project Return On Investment
St. Louis, MO San Diego, CA Knoxville, TN
Minor kitchen remodel 93% 118% 62%
Bathroom remodel 101% 79% 54%
Siding replacement 63% 78% 66%
Deck addition 83% 156% 60%
Window replacement 61% 112% 60%
Source: Remodeling Online & RemodelingMagazine.com copyright Nov2001
Used by permission
Percent return is based on regional averages based on selling your home within one year of the home improvement job. After a year, returns can diminish.
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