Home Additions and Remodeling projects STILL on the Rise in San Diego County – Sept. 2015
September 21, 2015If you hadn’t noticed already-
There are a lot of Contractors’ signs on the front yards of homes in San Diego this year!
Many San Diego Home Owners who have been saving there pennies since 2009 are finally investing into updating their homes, and as most of them say, “The numbers finally make sense”.
Since housing prices have been climbing steadily since the beginning of 2013, many people have now finally broken even on what they paid for their homes and feel secure in renovating, updating, or adding on to their houses in San Diego to provide added comfort and VALUE.
The San Diego median home value is now up to over $508,000 which is a 5.1% increase in the last year alone, and is still expected to climb. So if you are thinking about remodeling, or adding a home addition to your property in San Diego, there has never been a better time. Building costs are still low (in some cases about HALF of what you’d pay to buy square feet that needs to be remodeled!), and housing prices are high again. Mortgage rates are low and lenders are giving out remodeling loans, or refinancing based on the value of your home AFTER the remodeling project or San Diego Home Addition is complete.
Call the experts today at Contractors San Diego for a free estimate on your project!
This entry was posted in Blog, Uncategorized and tagged Contractors San Diego, General Contractors San Diego, Home Prices San Diego, Remodeling Contractors San Diego, Room Additions San Diego, San Diego Contractors, San Diego Home Prices. Bookmark the permalink.← Construction Material’s Prices Decrease .4 % in October, 2012, But What does that Mean for the Economy? |
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