akewoMost people don’t plan on living in their first home forever, but knowing if you should stay or when the time is right to put it on the market can be tricky. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know that you can try paring down your possessions and free up some space or another option might be to finish an attic or basement, add another room, or even add a whole story to your home. But, of course, that won’t work for everyone. Sometimes moving to a bigger home may be your best option. To decide which route to take, check your local building laws and get estimates from two or three contractors. It also wouldn’t hurt to check with a Realtor. Sometimes adding on won’t increase the value of a home, and you don’t want to make big-time improvements that will bring only a small-time return on your investment. Check out below to see what sold in Lakewoode Parkhomes in June 2016:
22836 Renford Street, Novi: 2 bedrooms, 1.1 bathrooms, 860 sq. feet, 1 car garage, Sold Price: $92,000
22843 Cranbrooke, Novi: 3 bedrooms, 1.1 bathrooms, 1,184 sq. feet, 1 car garage, Sold Price: $159,000
Before making significant improvement in your current home, you should really study the neighborhood and know the highest price point of the homes. If your home is already similar in style and condition of some of the priciest homes in the neighborhood, remodeling might be a bad idea, and you should consider selling instead. For more information on Lakewoode Parkhomes, or similar Northville or Novi neighborhoods such as Country Place, Crosswinds West and Highland Lakes, contact The DiMora Team today at 248-505-7728 or firstname.lastname@example.org.