Your Home: Remodeling and renovations
In this week’s Your Home, Ryan Peterson discusses remodels and renovations and how popular they are becoming.
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So, your house is dated and needs a little sprucing up. It's 2012, but walking into your kitchen is like stepping back in time to 1976. This week's "Your Home" focuses on renovations and remodeling.
Builder Jim Sasko said, “People will splurge on what we call the "wet rooms." Their bathrooms, their kitchens. They're putting some serious money in that.
We all know that a new kitchen or bathroom is going to add value to your home and help sell it, especially if you're bringing it up to par with the 21st century. But, Sasko said, a lot of his clients are having work done simply to satisfy a want.
Sasko said, “Selfish reasons. More than anything else, I've got to say. There's a flurry of magazines and TV shows on how to improve your house. It's the excitement of seeing these luxury items and people want them in their own homes. You know besides just the bathroom it'll be custom closets, built in entertainment centers, home entertainment centers.”
Sasko said the majority of remodels nowadays, selfish or not, are the result of a poor housing market. Realizing they may be staying in the same house for a lifetime, homeowners are choosing to build their dream house.
“People have lived in their home for a 10 or 15 year period, recognize they still have some equity in the house and rather than sell it and try to upgrade to something new, they stay where they are and improve their current space,” said Sasko.
Aside from the popular kitchen and bath make-overs, Sasko said master suites are in high demand right now as well. And he reminds you that if you can dream it, he can build it.