Tag

basement

Top Home Improvement Projects to Build Equity and Increase Value


A render of the silverton sample plan designed in Chief Architect Software.

Phillip Gibney Profile Image By Phillip Gibney

For many, a home is not just a place to live, it’s also a way to build wealth and financial security. A common strategy for millions of homeowners looking to increase their home’s value is to complete home improvement projects. When considering which projects to pursue, estimating the project’s return on investment (ROI) early in the planning process is essential.  The ROI for a given home improvement project helps predict how much your home value might increase based on how much money you spend on the project. This is important because it can help you prioritize which home improvement projects to undertake based on your goals.  For example, if you spend $30,000 on a home project and this project increases the long-term value of your home by $30,000, then the ROI is 100%; however, if it increases the value of your home by $15,000, the ROI will only be 50% and may have you reprioritizing your list of home improvement projects. In this article, we will discuss home improvement projects that consistently have the best ROI and learn how 3D home design software can help ensure your next project is a success.

(more…)

How to Plan for a Finished Basement


A finished basement designed in Chief Architect.

Phillip Gibney Profile Image by Phillip Gibney

You may have outgrown your current space in the house and have an unfinished basement that is not utilized. Finishing a basement is an efficient way to increase your living space. Finished Basements can be fitted with plumbing, electrical, HVAC systems and provide a blank canvas for utilizing the space.  From home theater and rec. rooms to bedrooms and kitchenettes, the options are virtually endless for providing comfortable living quarters for an evolving household. Whatever your needs require, you can finish your basement to fit your lifestyle.

(more…)