Once you have a remodeling plan in mind, it is important to calculate the return on your investment in terms of increased home value. For example, you might not want to spend $45,000 to add a bedroom if you know it will only increase the value of your home by $20,000. If you know your home is near the top of the range of home prices in your neighborhood, your remodeling project might not add enough value to your home to justify the expense. Our cost/value calculator at www.remodelormove.com will help you evaluate the increase in home value based on national averages. Cost/value comparisons are updated annually and provide a reliable basis for evaluating return on investment. If your analysis of budget vs. home value indicates that the remodel is not worth the cost, you might want to consider other options to solve your need for additional space or for a reallocation of space in your home.

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