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

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 Articles, Photos & Design Ideas

Homeowners can get repair and improvement grants from the Housing Executive in certain circumstances. On the other hand, while you want your house to stand out from the competition, you shouldn’t make unwarranted upgrades that greatly exceed other properties in the area. Not only will you end up losing money, but you may even scare off potential buyers. (For more insight, see Home Upgrades That Don’t Pay) In short, before you invest tons of money in an elaborate full-house renovation project, consider what the competing properties in your neighborhood have to offer. Find out how similarly priced homes in your neighborhood measure up, and make improvements based on your specific marketplace.

My wife and I spent roughly 15 years getting our house exactly the way we wanted it, yet as soon as the paint was dry we both thought, hey, let’s move! Home renovation can induce a form of temporary … Read more

Home And House Improvement

Get expert decorating ideas, watch H&H TV, see inside celebrity homes, find how-to tips, DIY projects, small spaces and kitchen makeovers. 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 returns on a bathroom remodel. Minor kitchen remodels (average cost: $15,273) also provided returns of more than 100 percent in cities including Providence, R.I., Miami, New Orleans and, of course, San Diego, where a $17,928 investment netted $27,000 on resale.

Concurrently obtaining a remodel loan means long approval times, high-interest rates, and balloon payments. lenders don’t like to approve remodel loans at this time because your intended … Read more