Wednesday, July 24, 2013

What bang for your buck can you expect on your home remodeling project?


For the first time in six years, the national overall average cost-value ratio for home improvement projects has increased, reaching 60.6% according to the Remodeling 2013 Cost vs. Value Report (www.costvsvalue.com). 

This means that homeowners are now expected to recoup over 60% of the cost of home improvement projects when they sell their home.

What is really nice about this study is that you can drill down to specific housing markets. When looking specifically at the Richmond region among the types of projects that CCI specializes in, the top cost-value projects are:

Basement Remodel - 81.1% cost-value in RVA
Want to finish the lower level of your house to create an entertaining area, home office, or bedroom suite? Click here to see an example of CCI's work in this area with our award-winning 2009 retro-modern basement remodel.
 
Kitchen Remodel - 77.8% (minor), 72.8% (major)

Thinking of renovating your kitchen? Whether you have a home simply in need of some updating, or if you live in a historic home and need to bring your kitchen into the modern era, we have the expertise to get it done. We can help you design a renovation that will keep the integrity of your historic home, while adding the high performance features and the latest green technologies to make your home more efficient. Check out our gallery of kitchen remodels on our website.

Attic Bedroom - 76.2%
Need an additional bedroom in your home? Convert unfinished attic space into a bedroom suite. Since I am a design/build contractor, you can show me what you want, and I will make recommendations that fit into your budget and will work effectively with the existing structure. Finished attics also make great home offices and playrooms.

Bathroom Remodel - 69.1%
CCI can provide complete full bathroom renovations, from the planning and design phase to laying the final tile in place. We are a Class A licensed contractor for the complete renovation project, including plumbing, HVAC, and gas fitting, as well as building. Click here to see our gallery of bathroom remodel projects.
 
Two-Story Addition - 68.0%

CCI has the capabilities to construct an addition for your home or help you execute a full house renovation. You'll see that we can design the project for seamless integration of old and new, and plan the project to exceed your expectations and meet your budget. You can see a gallery of our additions on our website.

CCI is the premier remodeling company for the distinct needs of home renovation projects in Richmond. Give us a call at (804) 497-3491 or send us an email today and we can provide a free estimate on the project that interests you.