Remodeling by Monty Anderson Home Builders Brings Big Returns on your Investment
Everyone knows that a remodeling project can boost a home’s resale value, but Monty Anderson home builders want homeowners to know what types of remodeling projects bring them the highest returns on their home investments. According to Remodeling magazine’s 2009-10 Cost vs. Value Report, your best bets for a big ROI are converting your attic space into an extra bedroom, adding a backyard wood deck, and a minor remodel of your kitchen.
The annual report compiles information from more than 150,000 respondents including National Association of Realtors’ member sales agents, brokers and appraisers. Data shows that a homeowner can recoup 81% of the costs of an attic bedroom; 80% of the cost of a wood deck and 78% of the cost of a minor kitchen remodel. Monty Anderson home builders can help you with any of these projects.
In these tight economic times, many parents are seeing their adult kids move back home – particularly recent college graduates who have been unable to find steady or high-paying employment and form what is has been dubbed the “Boomerang Generation.” Many elder relatives also are living with kids, grandkids, nieces and nephews. And homeowners increasingly are considering renting out vacant bedrooms for added income. This is where converting that empty attic into an inhabitable space can help. Not only will it boost the resale value of your home when it comes time to move on, but it can be a revenue source while you’re still living there. Plus, it allows for the “proximity with privacy” trend. As households become more crowded, the need for a little personal space grows. An attic bedroom is a perfect solution.
Outdoor wooden decks also are becoming increasingly popular as homeowners skip nights on the town and pricey vacations, and opt instead for entertaining at home. Monty Anderson home builders can help transform your empty backyard into a cozy extension of your home complete with a wood deck and outdoor kitchen, dining and lounging space.
Because families are entertaining at home more these days, a beautiful, functional kitchen is more important than ever. Consider expanding your kitchen or simply updating it with new cabinets that have increased accessibility features or beautiful new countertops and Energy Star appliances that save you energy and money and qualify for tax benefits.
If you’re considering a home remodeling project, contact Monty Anderson Construction Group – home builders with the experience and know-how to make sure your remodel pays off.







