Clifton Park Homes For Sale, Saratoga County Real Estate. A Home Office: Return on Investment.

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Real Estate Agent with Coldwell Banker Prime Properties

 

Tuscan style home

Clifton Park Homes For Sale, Saratoga County Real Estate.  A Home Office: Return on Investment. A home office adds to comfort, convenience, and salability, but isn't among the top projects for adding home value.

Modern home office

More than 20% of Americans do at least some of their work at home, so home offices are an attractive feature for many homebuyers. Image: Feldman Architecture/photographer Paul Dyer

Clifton Park Homes For Sale, Saratoga County Real Estate.  A Home Office: Return on Investment.  If you're one of the more than 20% of Americans who do some or all of their work at home, a comfortable, functional home office is a must-have. And it's a feature that's growing in popularity: When the National Association of Home Builders asked builders, manufacturers, and marketing experts what features would be important to future home buyers, 94% said a home office would be "critical" or "very critical."

Clifton Park Homes For Sale, Saratoga County Real Estate.  A Home Office: Return on Investment.  Still, when it comes to adding value, a home office ranks last among the 21 midrange projects analyzed in Remodeling Magazine's annual Cost vs. Value report. Converting a 12-by-12-foot bedroom into an office costs a national average of $28,375 and recoups $13,648 at resale, for a 48% return on investment, according to the 2009-2010 report. Construction costs include custom cabinetry and work surface, wall-mounted storage, a wiring upgrade, and new floor and wall finishes. 

Regionally, returns varied only slightly, with the highest rate of return, 56%, in the Pacific region, and the lowest, 41%, in the upper Midwest.

Clifton Park Homes For Sale, Saratoga County Real Estate.  A Home Office: Return on Investment. 

National average cost to convert an existing 12 x 12 room into a home office:

Job cost: $28,375

Resale value: $13,648

Cost recoup: 48.1%

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Home Improvement
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New York Saratoga County Clifton Park Countryman Estates
Tags:
coldwell banker
home office
working from home
clifton park homes for sale
josh gonzalez

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