Daytona Beach Real Estate

A Blog by Daytona Beach Realtor Lynn Byrne

Daytona Beach Real Estate header image 2

Remodel Now - Are You Crazy!

July 30th, 2008 · No Comments

You Might Be Crazy Smart to Remodel Now

Well, we know the Daytona Beach real estate market has fallen on down times and there are a lot of construction workers out of work. New homes building has ground nearly to a halt. Meanwhile, home values have dropped and people who don’t have to sell are staying put.

So if you’re staying put and you have been putting off remodeling, or repairs - What are you waiting for? You will pay less now for repairs or remodeling than possiblly ever again. Yes, I mean ever. General prices are rising and home building will pick up again, but, for right now you can get labor for less than you might think.

How low? One contractor told us that he was pricing jobs just to stay in business and keep his best people working. He is forgoing any profit. He needs to do this to get the jobs. That means that many others are bidding lower than him.

Now, hiring contractors at low prices is not unfair or unjust. These people want to work. If you need work done now, especially work that is labor intensive, have it done. If you wait a year or two, you are almost certain to pay much more. Why not take advantage of the situation and save money.

We advise when remodeling Daytona Beach homes, you fully understand that this is a quality of life decision. You are unlikely to do better than break-even if you sell for remodeling that you do, and are more likely not to recover the costs.. However, if you need it, what are you waiting for? The cost to go up?

Technorati Tags , ,

Tags: Home Maintenance

0 responses so far ↓

  • There are no comments yet...Kick things off by filling out the form below.

Leave a Comment