How Home Improvements Benefit You

Category: Home Improvements  |  Permalink

Published: Saturday, January 30, 2010

You may think that you don’t have the budget to make any home improvements this year, but the trend in home improvement in 2010 is not towards major changes; rather, small alterations that make a big statement will improve the appearance and performance of your home, particularly if you’re looking to sell.

In fact, this year’s Realtors Report’s annual Remodeling Cost vs. Value Report found that, “in terms of costs recouped, eight out of the top 10 home-improvement projects this year were exterior upgrades that cost less than $14,000” (read the report online at www.realtor.org). Depending on the materials that you use, and the type of improvements that you make, some fixes may recoup you as much as 83% of the original improvement cost when you resell your house.

What are the fixes that give you the most bang for your buck? Steel entry doors (128.9%), upscale fiber-cement siding (83.6%), and wood deck additions (80.6%) -- improvements tied to curb appeal.

 “Once again, this year’s Remodeling Cost vs. Value Report highlights the importance of a home’s first impression,” said NAR President Vicki Cox Golder, owner of Vicki L. Cox & Associates in Tucson, Ariz. The Report also goes on to include “cities in the Pacific states of Alaska, California, Hawaii, Oregon and Washington [that] once again outperformed the rest of the nation in terms of remodeling costs recouped upon resale.” Just remember, the most important change that you make to your property is the one that makes you feel most at home in your own space/

Your Reliable Realty Agent can help with these improvements, and help you realize the best gains when you’re ready to sell your home. Call us today for more information.

Read more at:http://www.realtor.org/press_room/news_releases/2009/12/exterior_proves