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Real Estate Tips

Remodeling and Renovations >Do Not Over Improve

You have received some extra money! You want to remodel! If you are planning a major renovation, take a few sensible precautions before having plans drawn up and signing on the contractor's dotted line.

Any time you do any significant remodeling, you run the risk of over-improving your home. Please call or send an email if you are interested in a market analysis of what your home is currently worth. We can talk about neighborhood trends and discuss the recent sales of homes in your area.

If your neighborhood is experiencing healthy appreciation, making major changes to your home might make sense. However, if there is not much difference between the prices of remodeled homes and those which have not been renovated, expensive changes may be hard to recover if you sell your home soon. Please call or send an email to get help deciding if remodeling and renovations are in your best interest.

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Real Estate Trivia

Q 
What price range is considered upscale or high-end in residential real estate?
A 
The price range varies depending on the local market, but upscale homes are in the top 10% of an MLS area's annual home sales.
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J.D. Boyd, REALTOR�, real estate agent and broker for Virginia Beach, Norfolk and City of Norfolk, Virginia home listings, property and land for sale

J.D. Boyd
Century 21 Nacham
1512 E. Little Creek Rd.
Norfolk, VA 23518
757-425-2611
Fax: 757-480-0324
brokerboyd@gmail.com


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