Do Home Improvements Add Value?

These 10 around-the-house improvements are well worth the investment. While nice to have and a great facility for many homeowners, a swimming pool adds no value to a resale price at all. In fact, some home buyers spend thousands of rands to fill in a pool after purchasing a property. Expensive upkeep and the fear of liability mean that for some, the responsibility of a swimming pool will detract from a property more than add to its value.

Generally the first place to start in creating an energy efficient living space is air sealing. This means to create a tighter” home by sealing cracks and gaps around windows, doors, plumbing, electrical and venting penetrations so that you can control air exchange and ventilation Sealing these leaks will mean that less unconditioned air makes it into your house and produces less load on your HVAC system. Start by using caulking and … Read more

This Old House Home Improvement Video

Homeowners can get repair and improvement grants from the Housing Executive in certain circumstances. This year, the value of home remodeling saw its largest increase since 2005, returning an average of 66.1% of the amount invested, according to Remodeling magazine’s 2014 Cost vs. Value report And Kiplinger forecasts that new- and existing-home sales will accelerate by year’s end. So as homeowners see larger returns on their renovation investments and as more buyers are actively searching for new homes, homeowners and buyers alike may watch these shows before hiring a contractor or realtor thinking they are realistic. And in many cases, they are not.

Long gone are the days of real estate price run-ups, when investors flocked to housing auctions to snatch up properties. In fact, fewer investors are flipping houses. In the second quarter of this year, just 31,000 single-family homes were flipped, according to ‘s U.S. Home Flipping Report … Read more

The Best House Improvements To Add Value To Your Home

Fire damage cleanup costs anywhere from $800-$93,000. Why it pays off: According to the 2007 Cost vs. Value Report, a study conducted by Remodeling magazine, fiber-cement siding (which is made of sand, cement, and cellulose fibers and costs an average of $13,200) is estimated to recoup about 88 percent (or $11,635) of a home owner’s initial investment. While vinyl can crack, split, and warp and aluminum tends to dent and fade, easy-care fiber cement holds up well against the elements and is resistant to fire, rotting, and termites.

In the hottest housing markets, springing for a kitchen or bath remodel is a sure-fire investment, often returning more than 100 percent of the cost. In Baltimore, for instance, a $9,400 bathroom remodel recouped 182 percent of its cost at resale, according to Remodeling’s 2004 study. The markets in Washington, D.C., Minneapolis, Chicago, Atlanta, San Francisco and San Diego also offered triple-digit … Read more

This Old House Home Improvement Video

These 10 around-the-house improvements are well worth the investment. According to a recent Cost vs. Value report from , most home improvement projects will add some value to your home.( 1 ) But not all remodeling will increase your home’s value enough to recoup the entire cost of the improvement. And in some cases, your upgrade may not increase the value of your home, but it will add satisfaction to you and your family while you live in your house.

Fixer-upper buyers will discount the price of the home to allow for the repairs then discount it a bit more for the inconvenience. Say a home is worth $100,000 fixed up but it needs a new roof. A new roof might be expected to cost $10,000. A buyer most likely will not offer $90,000 for this home. She could buy an identical home with a new roof for $100,000 and … Read more

Home Improvement DIY

Better Home and Gardens just released the results of a national survey asking two distinct sets of homeowners what they want to change in their home for 2018. The projects that add considerable value are big favorites of fix-it-and-flip it advocates – and they should be high on a homeowner’s list too. While most of these efforts will not recoup their costs, some will come close. The National Association of Realtors cites new siding, kitchen renovations (new countertops and state-of-the-art appliances) and new windows as some of the most beneficial projects, often recouping 80% or more of their costs during resale. Upgraded bathrooms, refurbished decks and energy-saving improvements offer a lot of bang for the buck too. For a more detailed list, see Top 5 Home Renovations for Your Money in 2017.

PeachtreeRemodeling magazine, in its “Cost Versus Value Report,” offers a region-by-region market analysis of specific projects and the … Read more