Why Is There A Lot Of Remodeling Going On In Cottonwood Heights?
November 5th, 2007 Categories: Cottonwood Heights
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Why There Is A Lot Of Remodeling Going On In Cottonwood Heights (84121)*?
The prices have gone up so much in the last three - four years that selling and replacing the house is not much of an option.The average Sq Ft price in September 2004 was $94 and has gone to $151 per foot.
People are adding on to their houses, I have seen one that has doubled in size. More and more are adding over the garage in the multi levels. People are replacing windows, stuccoing, new kitchens, and new bathrooms. If you bought a small home in the early to mid ’90s, tearing it down would be a very viable option.Let’s face it, if you took the $57 per foot and added on to your existing Cottonwood Heights Home you could not go out and find a better deal. This a great place to live, named in the top 100 Cities by Money Magazine.*Because Cottonwood Heights as a City only goes back less than three years, we have to use the zip code which also includes Big Cottonwood Canyon. The Canyon activity is not enough to sway the prices for The City of Cottonwood Heights.
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[…] is especially true in places like the City of Cottonwood Heights were prices have really […]
I am expecting that until home values bounce back in my area, the Tri-City / Fox Valley area of Chicagoland, and likewise in other regions that are painfully adjusting, we’ll continue to see a flurry of remodeling. As folks recede from buying and selling, they typically need some space for a growing family, or changing lifestyle, and remodeling will be a more palatable option for them. Then, once the family size grows to a certain level, they leap back into the buying/selling game in full force. The cycle continues. Even baby boomers or seniors looking to downsize or find floorplan that works for their lifestyle, may look at remodeling to make a space more agreeable to their lives. I like your article about the insurance aspect of this - had a claim a few months ago, and if I hadn’t been covered right, I would have been toast!