One question that may cross your mind as you’re considering a remodel of your Naples-area home has to do with how remodeling can influence real estate taxes on your home. We’ve talked before about how improvements can increase the value of your property, and that certain projects have a higher return on investment (ROI). But what happens at tax time?
Is it really possible to get everything you want in a remodel for the best price? Aren’t the two things mutually exclusive? Admittedly, it’s a bit of a balancing act, but with a bit of forethought and planning you can end up being very happy with both the results of your remodel and with the money that you spend. Let’s take a look at how to make that happen.