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Home Remodeling: How to Do More With Less
By RACHEL LOUISE ENSIGN
Unable to sell their homes in this stagnant real-estate market, more homeowners are settling in for the long haul and renovating.
But at a time when there’s less home equity to tap into and lending standards are still tight, people will likely be able to spend less on renovations than before the housing crisis. If you’re looking to make updates on a budget, figure out which projects are going to make a big difference—for your comfort now and resale later—for relatively little money.
“Before, everyone had built so much equity in their home, people were going so over and above in home-improvement projects,” says Jon Wittmaack, a Ridgewood, N.J.-based licensed contractor and co-host of home-improvement show “Brothers on Call” on the DIY Network. Now, customers “are more cost-conscious.”
https://online.wsj.com/article/SB10001424052970204002304576627413674209404.html
