Determining whether a home improvement will add value to your home can be tricky. There are many factors to consider. The costs are tangible, while other factors are harder to quantify, like the improved quality of life the home improvement brings you and your family. When deciding for yourself, consider the costs involved and the general rate of return. Be sure to factor in the costs for materials, labor, building plans, building permits and any changes to your homeowner’s insurance.

Common improvements with returns in the 92.6% - 98.1% range include:

• Siding replacement (98.1%)

• Bathroom addition, mid-range (95%)

• Attic bedroom (92.8%)

• Bathroom remodel, upscale (92.6%).

If you’re thinking about a home improvement project, give me a call and we can work together to get you a great rate on a home equity line of credit.