The House Won’t Sell…You’re Feeling Trapped…Now What?

The world changed last month for a lot of people.

Investments evaporated, 401K accounts shrank to 301Ks, mortgage bankers halted lending, and the hopes to sell your existing home blew away with the autumn leaves.

Now, your dream of a new home seems to be completely unobtainable. You are beginning to feel trapped in your existing home and you are asking, “How long will this last?” It seems hopeless to move to that new home you and your family wants and need to enhance and enrich your life, especially in stressful times like these.

It’s time for a paradigm shift in thinking. It’s time to take action.

There is a huge new trend in Metro Atlanta, which is catching on all over America with homeowners who are facing your same problem.

Smart homeowners are beginning to exercise some pretty creative ways to both improve their current lifestyle and enhance their home’s resalablity by upgrading their kitchens, the most important room in the house that influences the resale value of your home. Replacing and updating cabinets that house up to date organization and storage features, adding beautiful kitchen islands and work areas, or refacing existing cabinets with new wood doors and beautiful hardware transforms the feel of the entire home.

The average return-on-investment for kitchen renovations and upgrades ranges from about 80 percent to 93 percent. However, it is very possible to update your kitchen so that it generates a 125 percent return on your investment! Try getting that in the stock market these days!

Taking advantage of this time to upgrade your home is smart.

When the volatility of the stock market stabilizes and the real estate market comes back, (many experts feel it will occur in the Metro Atlanta market in late Spring and Summer of 2009), you will be poised to benefit from your efforts in the form of a quicker sale at an even better price than if you sold your home right now.

However, there is an even bigger return.

Having heard the marketing and financial side as to why upgrading your kitchen is a good business decision, you should know that it is an even better lifestyle decision. The enjoyment and personal satisfaction of cooking, entertaining and sharing meals with the family in a beautiful, new kitchen wipes away that awful feeling of being trapped in your existing home.

Who knows, you may even fall back in love with your house all over again while you are waiting for the resale real estate market to improve and the world to settle down.

Submitted by: Joan Barnes, President
Woodworking Specifics
770-426-1107
10/23/08