Resale Value, the Pacific Northwest, and YOU
Did you know doing home improvement projects in the Pacific Northwest is significantly more profitable for homeowner’s than the national average? On average, projects in the Pacific Northwest have at least a 10% lead on the national average for cost recouped. And in some cases, the average cost recouped in Portland is even higher than the Pacific Northwest (PNW) in general.
Some of the best home improvement projects for the PNW are kitchen remodels, replacing entry doors with new fiberglass or steel doors, insulating the attic, adding a deck (composite or wood), replacing siding, adding stone veneer, replacing garage doors, and bathroom remodels. You will definitely get your money back with painting and flooring!
Several of these projects are super affordable – replacing doors, insulating an attic, and adding a stone veneer are all under or around $5,000.
You might think this doesn’t apply to you because you don’t plan on selling your home any time soon. But the reality is, as much as you may love your home, you won’t be living in it forever – you may downsize or upsize, or eventually move into assisted living.
Investing in real estate, and investing in your home, is one of the best investments you can make. Whether it’s something as small as a new front door and garage door, to a new roof, to a room remodel, updating your home is definitely a project to be thinking about.
But don’t just consider home improvement for resale value – think about your comfort and peace of mind. After all, you’re the one living in your home. Maybe it’s a weird design choice a previous owner made that you can’t stand, maybe you’ve been telling yourself to get the siding replaced for years – whatever it is, it’s time to stop thinking about it and start doing something about it.
Check out our Pinterest page for some ideas to help you get started.
And when you’re ready to take the next step in starting your project, we’ll be around to help!