Contact: Loriann Harrison
October 10, 2012
The Most Valuable Home Improvements for Luxury Homes in Broward County
All home improvements are not created equal. The renovations completed on Broward County luxury homes have a huge impact on resale value and sell-ability. According to the 2011–12 Cost vs. Value Report, major kitchen and bath remodels deliver the highest level of return on your investment.
· A gourmet kitchen renovation could cost over $100,000 but the average recoupable cost is 62 percent.
· A luxury bathroom remodel might run about $50,000 but over 50% of that will be recoupable.
· A luxury bathroom addition will cost closer to $70,000, however, you can expect a renovation of this level to add at least $40,000 to the value of your home.
This information is based on data compiled within the South Florida area.
When you are ready to sell your luxury home in Broward County, FL, contact Loriann M. Harrison – LMH Luxury Group.
Loriann is a full-time real estate Broker-Associate, a multi-million dollar producer, a Certified Luxury Home Marketing Specialist (CLHMS), and member of the Institute for Luxury Home Marketing, a real estate trainer and a resident of SW Broward County Florida. She is also an Inventory and Marketing Specialist and Certified Distressed Property Expert, (CDPE) specializing in assisting clients in selling distressed properties as Short sales.
Practicing real estate since 1998 - first in Long Island, NY, and now in Florida since 2004 - Loriann and her husband have been successful real estate investors since 1995 and manage a multi-million dollar portfolio. Her no nonsense approach to analysis and research, and her commitment to excellence have made her a favorite among sellers looking for exceptional results and service in the South Florida Luxury Market Place.
About the CLHMS Designation
Recognized as the mark of accomplishment in luxury markets around the world, the Certified Luxury Home Marketing Specialist (CLHMS) designation assures affluent buyers and sellers that the agents who have earned it have the knowledge, experience, competence, and confidence they require.
Members of The Institute who hold the CLHMS designation have documented performance in the TOP 10% of their markets, and have successfully demonstrated their expertise in the luxury home and estate market.
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