Things are really busy this time of year. My hope is that it is something that will continue into the fall. If you plan on staying in your home for some time, it is an excellent time to invest in it. As the economy stabilizes one thing is sure--the cost of construction WON'T go down. In fact, most experts believe that costs will go up due to shipping costs and general inflation that most companies have been eating currently.
The strongest project in a home (with the best return) is far and away a kitchen remodel. After that it is a toss up. However, I think the most desirable project after that seems to be a master suite. These two items really can make (or break) a home for sure and are the top projects on the boards in my firm.
The key to investing wisely in these projects is to keep it simple. Not only is that a great way to keep your costs to a minimum, it is also a way to design and build something that is more timeless in the end. My approach is to build something that won't look dated in a decade while still catering to the modern aesthetic we all crave.
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