Connections - March 2009 - (Page 12) The Bottom Dollar Want to Avoid the Money Pit? Steer Clear of Updates that Don’ t Reap Returns It’s not the most affluent year. According to the National Association of Realtors, the value of a homeowners’ remodeling investment has declined 3.8 percent. Don’t wince; there’s a silver lining. Investment projects are still recouping more than 67 percent of their investment on a national level. So how can you grab a piece of that silver lining? Learn to differentiate amongst home investments, improvements and updates to discern where money can best be spent. Sixteen-year real estate veteran Tina Reese explains. What to replace: - windows - siding - deck - kitchen baCkground: ©istoCkphoto.Com/nigelCarse http://www.realtor.org/ http://www.pruhomesaleservices.com/content/homepage.asp http://www.pruhomesaleservices.com/content/homepage.asp
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