I hear from a lot of people that "homes just aren't selling for what they used to" and that some are holding back on selling until our real estate market has turned around. I understand their concerns and if it does not make financial sense to move your family right now, then by all means wait until you are.
Until we get to that point why not put a little bit of money and elbow grease into your home so when it does make sense to sell, you make a big profit off of replacing the worn carpet or repainting throughout the house. "For people on a budget, finding the most effective way to continue to increase the value of their home depends in part on the size of the property and its age, contractors and architects say" (http://seattletimes.nwsource.com/html/realestate/2008147515_renovate31.html).
Just in time- The Remodeling Expo at the Washington State Convention Center is a showcase for the latest and best products and services available to those remodeling their present home or building a new home. January is the time of year to line up all your home projects. Experts in fields such as kitchen and bath remodeling, new home construction, decks, sunrooms, heating and cooling, home security, flooring, windows, roofing and siding are at the Remodeling Expo to make your dream home a reality.
Here are hom improvements suggestions for every budget:
Up to $1,000
• Paint, which can cost less than $30 a gallon.
• Tear out or prune overgrown shrubs. Plant fast-growing trees.
• Replace an outdated bathroom medicine cabinet or paint kitchen cupboards.
Up to $10,000
• Add a deck or create a simple patio.
• Fix up a small bathroom with new vanity, mirrors and toilet.
• Upgrade the kitchen with granite counter tops, new floors and cabinets.
About $20,000
• Complete renovation of a master bathroom.
• Upgrade the doors and windows.
• Make a larger patio, add more plants, get a "trophy tree."
| Costs of major remodels | |
|
Here are the average costs of home-improvement projects in the Washington, Oregon, California, Hawaii and Alaska region. |
|
| Room | Cost |
| Attic bedroom | $52,583 |
| Basement | $66,861 |
| Bathroom (mid-range) | $14,889 |
| Bathroom (upscale) | $43,050 |
| Kitchen (mid-range) | $19,366 (minor), $59,366 (major) |
| Kitchen (upscale) | $115,549 (major) |
|
Source: Remodeling magazine's "Remodeling Cost vs. Value Report 2006" |
Right now is a great time to get those home improvement projects started because materials are at low prices and contractors too are selling their services for very low prices- they just want to work!- so take advantage of this time, re-paint your home, and reap the rewards when this market flips and we are back on top again!


This Christmas season, bring your stamped letter to Macy's addressed to: