A recent study on luxury properties revealed that America’s affluent homeowners are investing liberally in making improvements to their homes. Of the 36 percent of luxury homeowners who have refinanced or taken out a home equity loan in the last 12 months, 42 percent of them say they will use the funds for home improvement or other real estate purposes.
According to Jim Gillespie, president and CEO of Coldwell Banker Real Estate Corporation, "Luxury homeowners take great pride in their homes as symbols of their lifestyles and personalities. While these homes are already considered high-end, they are being transformed into more lavish and ultra-comfortable living spaces."“With more and more dollars allocated toward renovations, upgrades and additions, it is no surprise that property values continue to appreciate,” says Jim Gillespie. “The home improvement frenzy is likely a key reason why we are seeing a significant rise in sales of pricier homes through our luxury division. The continuing home improvement craze is a boon for the real estate market and a major reason for rapid appreciation.”
Whether you are investing in recreational property, purchasing a primary residence or selling a home, Kim Kriessig’s experience in the Steamboat Springs real estate community will be an asset to you. Kim and her husband have been building homes in the Steamboat Springs area for the past ten years. Their development company, K&K Builders, Inc. has had the opportunity to construct many different types of homes, which has afforded Kim a unique insight to the changing nature of Steamboat’s real estate market and the opportunities they present.
For professional advice on all aspects of buying or selling real estate talk to Kim Kreissig at Prudential Steamboat Realty at 970–879-8100 or 800–430-4121, or visit our website at www.prudentialsteamboatrealty.com
A recent study on luxury properties revealed that America’s affluent homeowners are investing liberally in making improvements to their homes. Of the 36 percent of luxury homeowners who have refinanced or taken out a home equity loan in the last 12 months, 42 percent of them say they will use the funds for home improvement or other real estate purposes.
According to Jim Gillespie, president and CEO of Coldwell Banker Real Estate Corporation, “Luxury homeowners take great pride in their homes as symbols of their lifestyles and personalities. While these homes are already considered high-end, they are being transformed into more lavish and ultra-comfortable living spaces.”
“With more and more dollars allocated toward renovations, upgrades and additions, it is no surprise that property values continue to appreciate,” says Jim Gillespie. “The home improvement frenzy is likely a key reason why we are seeing a significant rise in sales of pricier homes through our luxury division. The continuing home improvement craze is a boon for the real estate market and a major reason for rapid appreciation.”
Whether you are investing in recreational property, purchasing a primary residence or selling a home, Kim Kriessig’s experience in the Steamboat Springs real estate community will be an asset to you. Kim and her husband have been building homes in the Steamboat Springs area for the past ten years. Their development company, K&K Builders, Inc. has had the opportunity to construct many different types of homes, which has afforded Kim a unique insight to the changing nature of Steamboat’s real estate market and the opportunities they present.
For professional advice on all aspects of buying or selling real estate talk to Kim Kreissig at Prudential Steamboat Realty at 970–879-8100 or 800–430-4121, or visit our website at www.prudentialsteamboatrealty.com
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