San Diego home improvement is key to maintaining long-term property value
By Scott Murfey
This year, spring brings with it a host of good news for San Diego home improvement and construction industries, with high demand for real estate and steadily increasing prices boosting the need for building and remodeling work throughout the county. Of course, it’s no secret that our city’s enviable location along the California coast makes San Diego a highly desirable destination. But in today’s competitive market, this innate desirability seems to be escalating even higher.
As new homes and apartments go up around town, however, it remains critical for homeowners to keep their property well maintained in order to protect long-term value. No matter how well the local housing market is doing, nothing beats consistent repairs and a high-quality remodel to secure and even improve real estate value for the future.
Homebuilding market gets a springtime boost
National home building numbers are witnessing a swift climb this spring, according to a recent report from The New York Times. With construction permit rates increasing “at their fastest pace since 2008,” and single-family home construction rates at a 4-year high, prospects are good for a nationwide housing market recovery. Here in San Diego, market activity certainly reflects this trend, and demand for housing is such that new construction may be one of the best solutions to counteract the city’s tight real estate inventory. Then again, home remodeling can also pose a solution – either for sellers looking to improve value or for owners seeking to expand or upgrade their living situation as an alternative to moving out.
Protect real estate value with quality maintenance
Buying or owning a home in a desirable area like San Diego is a great first step towards a successful real estate investment. However, in order for the investment to retain and accrue value, it is vital for homeowners to make sure their homes are well maintained and up-to-date. Whether this means adding a room or two, landscaping the yard, upgrading appliances or simply keeping the structure in good repair, an experienced and talented general contractor is your best asset when it comes to ensuring long-term value for your home.
At Murfey Construction, we specialize in custom projects designed to suit your needs. From consulting to general contracting work to full-scale remodeling and home building, we do it all: simply share your vision with us and we will help you as much or as little as you like to turn it into a reality. To learn more about our La Jolla construction company, or to discuss a home building or remodeling project, visit us online at www.murfeyconstruction.com.
- Planning your La Jolla home remodel: curb appeal renovations to enhance your home and boost resale value
- Home improvement industry anticipates strong growth for 2013
- San Diego construction news: remodeling industry set for growth this season
- Real estate demand, buyer opportunity building across U.S. market
- Spring home repair list: cut costs with smart inspections and upgrades
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