As a Senior Real Estate Specialist, I know that those 55 and
better seek information prior to making key life decisions.
With all the advertisements to aid Seniors(those 55 years old and better) to stay in their present homes, I am pleased to see
the April SRES Marketplace newsletter review the value of
various home improvements. These average costs should not
be viewed as the cost needed to update a given item as they
are national averages.
The information to key in on is the value that the
improvement will bring to the value of one's home. Though
your local market may have a lower cost for a bath addition,
the 60% retained value is solid regardless of the price of the
addition.
If you have questions on what makes sense for your future
as you consider whether to stay in your present home or to
move to another house or situation, please call me.
I can be reached directly at 757 580-6546.
For now, read the newsletter below! We can talk soon!
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