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What impacts the value of your home?

 
Changing neighborhoods
Marriage isn't the only thing that's for better or worse. Your home's location affects its value yet can't be changed. Is your neighborhood improving or in decline? Then your potential home value will differ, and you should know the long-term ramifications before deciding to invest in home improvements or other modifications.

Home improvements
You want to make changes to your home, but you're wondering if the money you invest in home improvement will be recouped later when you sell. Remodeling the kitchen costs a great deal of money. Will you get a decent return on that investment?

Your personal preferences
Some changes, known as personal preferences, can increase or decrease your home's value. In the so-called Sunbelt states, for example, you're expected to have a pool. But in cooler climates a pool can't be used as often but still requires maintenance, making a pool undesirable.






Toolbox Tips
Know the financial impact of your choices before you spend the money. Order a report today.

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