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Real Estate Tips
Time to Move >Why Not Remodel

When your home starts feeling too small or outmoded, you may think that the solution is to remodel. Although it is a workable solution for many homeowners, others who do extensive remodeling end up selling their homes within a few years of completing the work. The decisions you make about your renovation could have a significant impact on whether you can recover your investment when you sell your home.

Real estate agents see a lot of homes and listen to a lot of buyers. Together with architects and professional kitchen planners, they can offer valuable advice on how to improve a kitchen or bath, or add a room that will increase your family's enjoyment and attract future buyers.

Before you decide to take the remodeling plunge, you should consider whether expensive improvements will over-improve your home in relation to the neighborhood. If you are inclined to make an investment in your home that far exceeds the selling price of other homes in the area, it may be better to sell your present home and buy one that corresponds to your needs.

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Real Estate Trivia
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What is the maximum interest you can deduct on your federal tax return to purchase or improve a first or second home?

A 
One of the greatest benefits of home ownership is the federal tax deduction for interest up to, but not exceeding, $1million.
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The Gregg Clymer Team, REALTOR®, real estate agent and broker for York, Dover, Manchester and West York, Pennsylvania home listings, property and land for sale - NUMBER1EXPERT(tm)

Gregg Clymer
Coldwell Banker Select Professionals

3601 East Market Street
York, PA 17402
717-751-1255
Fax: 717-735-2207
greggclymer@NUMBER1EXPERT.com


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