Case Handyman and Remodeling of Charlotte Reveals Remodeling ROI Benefits

CHARLOTTE, N.C., April 4, 2008 /PRNewswire/ -- With the current slowdown in the residential market, an increase of homeowners are looking for moderately priced value-added remodeling projects. Instead of buying or selling homes, the growing trend is renovations, home additions and improvement projects.

The number of homeowners in Charlotte is continuing to increase, and following that market is the remodeling/renovation market. By the end of 2008, consumer spending for remodeling, upgrades and repairs will reach approximately $300 billion in America.

The rapid popularity in remodeling projects is mostly due to the return on investment. Mid-range improvements generally return a better payback than upscale projects, according to Harvard University's Joint Center for Housing studies. Relatively simple upgrades such as decks add the highest percentage return.

The percentage of cost recovered in 2007 for mid-range renovation projects has sprung interest among homeowners looking to upgrade. See below for a list of the top ten percentages of increase:

10. Home office remodel: 57 percent
9. New bathroom addition: 66 percent
8. Roof replacement: 67 percent
7. Basement remodel: 75 percent
6. Bathroom remodel: 78 percent
5. Kitchen remodel: 78 percent
4. Two-story addition: 80 percent
3. Windows replacement (wood): 81 percent
2. Deck additions: 85 percent
1. Siding replacement (vinyl): 88 percent

"It is that time of year when homeowners are jumping at the opportunity to remodel their home," says Brad Little, president of Case Handyman and Remodeling of Charlotte. "Beyond the return on investment these projects provide, remodeling your home also allows for a comfortable customized living space that meet your needs and fit your personal style."

About Case Handyman and Remodeling of Charlotte

Case Handyman and Remodeling of Charlotte has been serving the Charlotte and surrounding area since 2005, offering full service, in-home handyman, kitchen and bath, and remodeling services. Backed by 46 years of award winning remodeling industry experience, CASE is the nation's largest full-service remodeling organization.

Case of Charlotte consists of premium home improvement services with set-time appointments, an expert team with a minimum of ten years experience, an industry leading two-year warranty on all projects and free initial consultations. For more information or to schedule an appointment visit http://charlotte.caseremodeling.com/ or call 704-759-3920.

CONTACT:
Brad Little
President
704-759-3920
blittle@casecharlotte.com

First Call Analyst:
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Source: Case Handyman and Remodeling of Charlotte

CONTACT: Brad Little, President of Case Handyman and Remodeling of
Charlotte, +1-704-759-3920, blittle@casecharlotte.com

Web site: http://charlotte.caseremodeling.com/

2008-04-04 16:10:52 0328659 PRNEWSWIRE