To get their dream home, many California homeowners still have work to do after they close escrow.
California is the third state most likely to do a home renovation project. For homeowners in our state, a full remodel after purchasing a house is fairly commonplace.
For those remodeling, the average cost of a full-home renovation is $263,384, probably due in large part because 93% of homeowners enlist (and pay for) professional help. But, as you might assume, fully renovating your house adds value; the average home value after a full-scale remodel is $725,000.
Have you done a full house renovation?
This infographic is from the CALIFORNIA ASSOCIATION OF REALTORS at CAR.org.