Considering a full-home renovation?
The Lawhead Team would like to share the latest “One Cool Thing” from the California Association of Realtors on Renovation Realities.
For many California homebuyers, the dream of homeownership isn’t complete after close of escrow, but rather after completion of a full-home renovation. So what does a full remodel look like in California?
- Average remodeling costs: $263,384
- Average household income of renovating homeowner: $155,000
- Average home value of those completing the full renovation: $725, 000
- 93% of homeowner enlist professional help
Did you know? California ranks #3 in a comparison of all 50 states for those completing renovation projects.
Source: Houzz Real Cost Finder