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Home Remodeling Business


Need for home remodeling

The need for home remodeling is on the rise as many people like the neighborhood they live in and the affordability of their existing homes. By incurring a little cost they can remodel their old houses to increase space and add new amenities. The need for remodeling is detailed below.

Financial gains

While home remodeling can be an expensive affair, it is reasonable as compared to purchasing a new house. Shifting into a new house incurs costs in the form of moving expenses, closing costs and the agent's commission, which is saved here. Remodeling adds equity and capital gains can be deferred till the property is sold. In addition, tax laws make remodeling more attractive to the investor by limiting the tax write-offs allowed on new investment property.

Convenience

Besides the cost, even the inconvenience of shifting into a new neighborhood is removed. Often families are adjusted to the comfort of staying in a familiar neighborhood, which is well connected to facilities. Home remodeling provides the comforts of a new modern home in the same space.

Impressions

Most people form impressions about you and your home in the first 5 minutes of being there. To create a look of class and a feeling of warmth, home remodeling is a must. Home remodeling not just creates a good impression for the visitors; it creates a good feel and increases the equity of your house to potential buyers also.

Space

It is understood that the need for space has increased from 1400 to 1500 sq. ft in the last century to over 2000 sq. ft today. While changing into a new house can be expensive, remodeling the house helps increase space within budget. A minor change in the layout can help enhance space and increase place for extra cabinets, storage space and shelves.

Utilities

With the change in times, needs have evolved too. Today families cook together in kitchens, and thus storage space, appliance counters, separate countertops etc. are required. Luxury baths and walk-in closets have also become a norm. These evolving needs can only be answered by remodeling the house to modern tastes. Home remodeling allows homeowners to enjoy the comfort of their old home with amenities like better lighting, modern appliances and more storage space. It allows homeowners to enhance function, safety and quality of their interior spaces.

Dan Noyes
Marketing, Head
Home Remodeling Business


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The Associated Press

Home improvement retail sinks on data
Forbes, NY - Nov 19, 2008
AP , 11.19.08, 03:13 PM EST Shares of home improvement chains dipped Wednesday after the federal government said construction of new homes and apartments ...
How home improvement chains fared in 3rd quarter The Associated Press
Home Depot Posts 31% Fall in Net Income, Cuts View Wall Street Journal
Tough economy takes toll on Home Depot Atlanta Journal Constitution
Stockhouse - CNNMoney.com
all 528 news articles


Sector roundup: Solar, home improvement
Forbes, NY - Nov 19, 2008
CHICAGO (AP) - Shares of home improvement chains dipped Wednesday after the federal government said construction of new homes and apartments slowed at a ...


Ahead of the Bell: Home improvement retailers
Forbes, NY - Nov 19, 2008
The home improvement retailers are part of a sector that has "competitive dynamics, stable gross margins through the downturn, and clear cyclicality ...


Home improvement Q&A
Columbus Ledger-Enquirer, GA - 13 hours ago
(Want Alan J. Heavens' advice on a home-improvement project or purchase? E-mail him at aheavens@phillynews.com or write to him at The Inquirer, Box 8263, ...


AG Van Hollen: Home improvement company and owner charged with ...
Wisbusiness.com, WI - Nov 19, 2008
The complaint alleges that in November, 2005 defendants entered into a $55250 home improvement contract with a Menasha couple promising, among other things, ...


Economic Downturn Sparks New Home Improvement Trend
MarketWatch - Nov 18, 2008
With the harsh reality of uncertain economic times, and the average consumer shouldering $10000 or more in credit card debt, a new trend in home improvement ...


Canada.com

Endeavour Docks at Space Station on Home-Improvement Mission
Bloomberg - Nov 16, 2008
16 (Bloomberg) -- NASA’s space shuttle Endeavour docked with the International Space Station today just after 5 pm New York time on a home-improvement ...
Video: Space Shuttle Endeavour Blasts Into Night Sky AssociatedPress
Endeavour to launch on 'home improvement' flight Spaceflight Now
Shuttle Endeavour docks with ISS on 'home-improvement' mission RIA Novosti
KSBW - EastDay.com
all 5,713 news articles


The Home Depot Declares Third Quarter Dividend of 22.5 Cents
La Voz de Dalton, GA - 3 hours ago
The Home Depot is the world's largest home improvement specialty retailer, with 2270 retail stores in all 50 states, the District of Columbia, Puerto Rico, ...
The Home Depot Declares Third Quarter Dividend of 22.5 Cents PR Newswire (press release)
all 12 news articles


Home improvement
CanadianBusiness.com, Canada - Nov 19, 2008
Sheila Bair is one smart individual. Too bad not enough people are listening to her — yet. Tuesday Nov. 18 dawned bright and clear. All eyes in Washington, ...


TheHomeMag Experiencing Continued Growth in Slow Housing Market
MarketWatch - Nov 18, 2008
Additionally, revised numbers from HIRI (Home Improvement Research Institute) show the long-term outlook for the home improvement industry remains strong ...

Home-Improvement - Google News

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