In the real estate world ‘renovation’ and ‘remodel’ can have different connotations that make a big difference when it comes to costs and property values. If you’re considering investing in a property to fix or flip, understanding these differences can be important in knowing what to look and plan for.
No matter the state of the housing market, the cost, and effort of a remodel could very well be worth it if it’s something you’ve had in mind for a long time. Remodeling almost always gives you a significant boost to the resale value if that’s your intention, while the added beauty and comfort make living in your old home a new and exciting experience.
When it comes to outdoor comfort and enjoyment all times of the year, you want a nice safe place where you can keep a fire going at your property. Whether you’re a property manager or a homeowner, an outdoor fire area is a desirable feature that will enhance the quality and perception of your property.
With refinancing interest rates at appealing lows, you might be considering using your home equity as a means of making the home renovations you’ve been wanting. However, not all renovation projects come with the same rate of return on investment (ROI). Here are the top 10 home improvements for your Idaho home.
Determining what qualifies as a capital improvement versus making a repair is important, considering they are calculated differently when filing taxes. When preparing your taxes, you should always consult with the IRS and|or a certified accountant to decide what deductions are applicable to you and your specific situation.
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