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Property Spotlight
1 of 2 photos Placitas For Sale $125,000 0 Beds / 0 Baths
Phenomenal view lot nestled in gated community. Located at end of cul-de-sac for maximum privacy. Overlooks valley, mountains & mesa for a truly unique Land of Enchantment lifestyle...
1 of 8 photos Rio Rancho For Sale $137,000 3 Beds / 2 Baths
Spacious corner lot with home set back on the property gives plenty of room & privacy. Fully landscaped front and back, front yard needs no care as it is beautifully maintained by the HOA...
1 of 0 photos Rio Rancho For Sale $139,900 2 Beds / 1 Baths
You wont find a better buy availabe on the market than this beautiful home in a park-like setting on almost 1/3 acre lot with mountain views and landscaping that will take your breath away!..
1 of 8 photos Albuquerque For Sale $143,900 3 Beds / 2 Baths
Charming and Gracious this Petitte Retreat Offers: Wonderful open floorplan, large living room with cozy fireplace, sunny kitchen with pantry and dining area which opens to rear yard...
1 of 3 photos Placitas For Sale $149,500 0 Beds / 0 Baths
Beautiful views from this Placitas/Sundance Mesa vacant land. Build your dream home. Enjoy sunset, mesa And mountain views. Surrounded by beautiful custom homes...
1 of 6 photos Placitas For Sale $150,000 0 Beds / 0 Baths
Best priced lot in Anasazi Trails and best deal in all of Placitas! Amazing private view lot with mountain and mesa views overlooking the arroyo with EZ access to I-25...
1 of 0 photos Albuquerque For Sale $162,000 3 Beds / 2 Baths
Spacious, light bright two story with master bedroom downstairs for privacy. Large backyard with lovely landscaping. Enjoy this conveniently located terrific neighborhood in a gated community...
1 of 8 photos Rio Rancho For Sale $164,000 3 Beds / 2 Baths
Fantastic 3 BR home on cul de sac lot w/unobstructed views of mnts from living room/front bdrm! Features incl. living area w/vaulted ceilings/frml dining/ceiling fans thruout & ceramic tile/carpet...
1 of 8 photos Albuquerque For Sale $165,000 3 Beds / 2 Baths
Great Sivage single story home on corner cul-de-sac lot in West Pointe Sub at Ventana Ranch. Open, light & bright, versatile floorplan. The dining room could be used as second living area...
1 of 0 photos Albuquerque For Sale $169,900 3 Beds / 2 Baths
Really the best our market has to offer. Priced to sell. True pride of ownership + lots of extras that puts this WAY above the rest. Pitched tile roof, ...
1 of 0 photos Rio Rancho For Sale $169,900 3 Beds / 2 Baths
It doesnt get any better! Incredible curb appeal invites you into this fabulous 3 BR home in Western Hills w/many updates & recent paint. Great kitchen w/breakfast bar & newer appliances...
1 of 8 photos Albuquerque For Sale $175,000 4 Beds / 2 Baths
Wide open spaces! Traditional brick home on 1 acre of property, well situated on a corner lot. Gather at the breakfast bar in your country eat-in kitchen. New countertop in bathroom...
1 of 6 photos Albuquerque For Sale $175,000 3 Beds / 2 Baths
Charming and Gracious this lovely home features: Open spacious rooms, complete kitchen remodel with tons of counter space, gorgeous custom cabinetry and wonderful sunny eating area, large living room, ..
Remodeling your home is a great way to increase its
value and functionality, but it's very easy to go overboard and spend too
much money on the remodeling project. If you're looking into remodeling your
house, you need to consider whether you would come out better by remodeling
it or selling it and buying new.
The traditional way for homeowners to increase the
value of their house is by remodeling the existing rooms or adding on to the
current structure.
Some homeowners choose to build recreation rooms and
finished basements while others may add new fixtures, cabinets, and
appliances to enliven the rooms and make their home more attractive to
future buyers.
Here are
some things to consider when remodeling:
The type of remodeling you are
planning to do is important. If you plan to repaint your house then
the investment will not be large. But if your plan to make an
extension in the existing structure, then it will involve a big
investment. Depending on the geographical location of the house such
an investment will be positive or negative.
Returns will depend on the market
value for houses in your locality. If the prices of house are
increasing in your locality, then you will get a good return. But it
prices are decreasing then remodeling will not add value to your
house.
Returns will depend on how your
house will appear after the remodeling is done. If it doesn't fit in
with the way the other houses look in the neighborhood then the
value of the house will not increase.
If the taxes are high in your
municipality then the value of houses will decrease.
If the crime rate is high in your
neighborhood then the returns on remodeling will be less. As your
locality will be less attractive to new tenants.
Returns will depend on number
factors in the neighborhood as well. If a highway is being
constructed in the neighborhood the value of the house is likely to
decrease in future.
Returns will depend on the time
taken to commute to one's work place. If your neighborhood has easy
access to work places and highways then the value of your house is
likely to increase.
If local transport facilities are
good then the returns on remodeling may be high.
Returns on remodeling investment
will depend on the quality of elementary schools and the over all
quality of public education system. If the quality of education is
good then the returns will be high.
Returns will depend on easy access
to shops, grocery stores, restaurants and shopping centers in the
neighborhood. If your house has easy access to most of the above
then the value of your house is likely to increase with remodeling.
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