Posted by: Larry Stevens | June 13, 2014

The Most Profitable Home Improvement Is Not Your Kitchen

Real Estate Finance Insights

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The most profitable home improvement you can make to a two-story home is on the first floor but it is not in the kitchen.     

“A granite slab counter top is not the most profitable home improvement. What the American average 2,200 square foot, two-story home needs is a floor plan that accounts for an aging population.

profitable home improvementThat floor plan better include a main floor bedroom and bath with shower. This stair-avoiding arrangement is increasingly in demand for several reasons.

Living Longer with No Stairs

For one, there are the buyers who want to care for their elderly parents. As quoted in the NY Times, US Census Bureau data illustrates that Americans who were 65 in 1972 could expect to live 15.2 more years; in 2010, they were expected to live 19.1 more years. Not all of these seniors will need…

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