SAN PEDRO, CA: Silva Construction (www.silvaconstruction.com), a construction and home remodeling company in Southern California, is urging homeowners to make improvements to their current home instead of selling and moving to a larger home. The reason? High mortgage interest rates.
David Clarke, co-owner of Silva Construction, stated: “In the spring of 2022, interest rates started really rising. The hard reality of that is that if homeowners sell their home and buy a new home, their interest rate will probably be a lot higher than what they’re paying now. Which can really boost your monthly payment. What this means is that remodeling your home now can give a very high return on the investment, as it has been very directly established that remodeling your home can help make the property value go up. Remodeling your kitchen or bathrooms can really add to the enjoyment of your home. And a room addition can add square footage, giving you the more space you need or want.”
Silva Construction has over 40 years of experience with remodeling and general construction, including major to minor remodeling projects, home additions, kitchen and bathroom remodeling and the company’s signature “design-build” system which helps to simplify the remodeling process by having all steps from design to execution all under one roof. The company urges homeowners considering remodeling their homes to reach out to their local building experts to see what can be done for their property.
David Clarke and Brenda Silva are owners of Silva Construction, Inc., located in San Pedro, CA. The company has over 40 years of experience in remodeling construction, and serves Southern California’s South Bay area, including Westchester, El Segundo, Manhattan Beach, San Pedro, Hermosa Beach, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, Harbor City, Lomita, Torrance, and other select areas. Their blog can be seen at https://silvaconstruction.com/blog3/ and their website can be seen at https://silvaconstruction.com/. They can be reached at 310-831-6310.