Corian Countertops Popular Home Renovation for Sellers in Buyers Market



Participants in the Homeopinion.com Community Forum ask a variety of questions about kitchen renovation, specifically Corian countertops. As the housing market transforms into a buyers ballgame, more sellers are considering home improvement, specifically features like Corian countertops to help increase selling power. Statistics show home improvement options like Corian countertops and other home renovation ideas discussed in the HomeOpinion.com forum can increase selling power (http://www.homeopinion.com/kitchen/forum.php). According to Realtor.org the cost recoup for minor home renovation can be as high as 98.5 percent.

Homeowners facing the challenges of a growing buyers market continue to seek information about renovations and post questions and answers in the forum on HomeOpinion.com. One of several questions about Corian countertops was, Can someone give me a rough estimate of how much retail Corian goes for (per square foot) I know I'sm capable of installing it myself Guests to the forum answer one another'ss question. One visitor made several suggestions, including The styles that have the quartz look or more of a stone look are more expensive. If this is what you want, it makes more sense to pay for granite. Cost and investment value are two themes that appear frequently in the Community Forum. (http://www.homeopinion.com/kitchen/forum.phptid=18&iname=Cost_of_Corian)

In an interview with NBC Nightly News, National Association of Realtors (NAR) Chief Economist David Lereah said, The sellers market has turned into a buyers market. That'ss why prices have come down over the last 12 months. And that is why they will continue to come down over the next six months.

The latest forecast from NAR reports home sales will probably be lower than originally projected for 2006. Also, existing home sales are projected to fall 7.6 percent to nearly 6.6 million in 2006, which would still make it the third-highest year on record after 2004 and 2005. Because housing prices are expected to rise 2.8 percent nationally, the market is more beneficial for buyers, and sellers are more inclined to bargain. In the report Lereah stated, This year sales are slowing, homes are plentiful, and sellers are negotiating.

According to NewYorkTimes.com selling a new home is getting harder and harder and builders are being forced to entice potential buyers with expensive pulls like free swimming pools and fancy kitchen cabinets. Completing a home renovation like a new kitchen countertop is another attraction that helps in negotiations and accelerates the selling process.

According to Remodeling Magazine'ss 2005 Cost vs. Value Report published on Realtor.org the national average cost for a midrange kitchen remodel is more than $43,000. The advantage: the cost recouped for a project that size is 91 percent. The average price to install a Corian kitchen countertop is about $100 a foot and up to $200 a foot for custom jobs, which experts say is well worth the investment.

HomeOpinion.com offers homeowners a place to connect with other homeowners and to new ideas and share experiences with home improvement online. Through the commonalities of their experiences, homeowners can more fully enjoy the home renovation process.





Corian Countertops Popular Home Renovation for Sellers in Buyers Market