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Copyright 2014 NATIONAL ASSOCIATION OF REALTORS®
DIANA ARRANAGA, BRE# 01294119
RE/MAX TIME
10535 E. FOOTHILL BLVD #100
RANCHO CUCAMONGA, CA 91730
Showing posts with label home improvements. Show all posts
Showing posts with label home improvements. Show all posts
Monday, August 18, 2014
Getting the best BANG FOR YOUR BUCK when remodeling
This is a great article for getting the best Bang for your Buck if you are remodeling in 2014.
Saturday, August 16, 2014
How old is your home REALLY.....
A well maintained home will save you money in the long run. There are so many things you can do preventatively to maintain a home. A huge difference between renting and owning is you are responsible for taking care of your own repairs... THAT'S PART OF HOMEOWNERSHIP. Nothing to be afraid of though.
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Is Your Home Older Than Its Years?
Would you throw away $20,000? You are if you’re letting your home age faster than it should. Here’s a simple maintenance strategy to keep your home young. Read
Visit houselogic.com for more articles like this.
Copyright 2014 NATIONAL ASSOCIATION OF REALTORS®
DIANA ARRANAGA, BRE# 01294119
RE/MAX TIME
10535 E. FOOTHILL BLVD #100
RANCHO CUCAMONGA, CA 91730
Thursday, July 31, 2014
Consider your needs and lifestyle when buying outdoor appliances
So many choices and things to think about when buying an outdoor BBQ grill
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Outdoor Appliance Buying Guide: Specialty Items
Specialty appliances for outdoor kitchens are hot items but you’ll spend thousands of dollars for the added convenience. Read
Visit houselogic.com for more articles like this.
Copyright 2014 NATIONAL ASSOCIATION OF REALTORS®
DIANA ARRANAGA, BRE# 01294119
RE/MAX TIME
10535 E. FOOTHILL BLVD #100
RANCHO CUCAMONGA, CA 91730
Monday, July 21, 2014
Best Bet Home Improvements
If you're looking to improve the appearance of your home for resale, or just want an updated look for your own enjoyment, there are a few things you must consider before beginning any costly project. Sure, you can spend a lot of something purely for the personal pleasure of having it - like that outdoor jacuzzi and under the attached gazebo - or you can go the practical route and make an improvement that will increase your home's market value, such as installing energy efficient air-conditioning or repairing those shabby shingles. Be forewarned, however and don't expect to recoup your costs on both counts. Many real-estate brokers agree that just because you put $25,000 worth of improvements into your home doesn't mean that your house is worth $25,000 more!
Exactly how much of your investment you'll recoup
depends on a number of factors, such as the "big picture"
housing market, the value of the homes in your neighbor-
hood, when you plan to sell and the exact nature of the
improvement. Also, consider that the longer you live in
your home after a project is completed, the less likely you
are to recoup its value. Just try to convince a potential buyer
that Harvest Gold is cutting edge.
Below are some examples of a few improvements that usually pay off - and some that rarely make a difference (no matter how much you paid for them) when it comes time to sell your home.
Painting
Below are some examples of a few improvements that usually pay off - and some that rarely make a difference (no matter how much you paid for them) when it comes time to sell your home.
Painting
If you're planning to sell your home
in a year or two, a fresh coat of a
neutral-toned paint could make the
sale easier. A professional exte-
rior paint job may also recoup close
to 75% of its cost. Let's face it - we all
like things fresh-looking.
Kitchen
With just a few basic improvements, your kitchen
can practically pay you back with interest! New paint,
wallpaper and flooring are always appreci-
ated;; plus, you might even consider
sanding, staining or painting worn- looking cabinets. Replacing old cabinet hardware is a low-cost improvement that makes a big difference in appearance. According to Remodeling magazine, the average spent on major kitchen remodeling is around $39,000;; refinishing an outdated one averaged $15,000. The full kitchen remodeling recouped 80% of its cost, the more moderate remodeling was valued at 87%.
With just a few basic improvements, your kitchen
can practically pay you back with interest! New paint,
wallpaper and flooring are always appreci-
ated;; plus, you might even consider
sanding, staining or painting worn- looking cabinets. Replacing old cabinet hardware is a low-cost improvement that makes a big difference in appearance. According to Remodeling magazine, the average spent on major kitchen remodeling is around $39,000;; refinishing an outdated one averaged $15,000. The full kitchen remodeling recouped 80% of its cost, the more moderate remodeling was valued at 87%.
Deck
Adding a deck is a very cost-efficient way to add square footage to your house. Decks cost around
$6,000 and generally recoup 75% of their value. Compared to other outdoor improve- ments (except painting) that's an excellent return.
New Windows
Your utility bill savings may make up for the iffy resale value, however, a good set of standard windows should get you around 68% back. If you start getting too fancy with custom shapes and sizes, though, don't expect to get as much in return.
Swimming Pool
In a word - don't! Unless you're putting it in for you and your family to enjoy, it's commonly agreed that a swimming pool has no resale value at all. Reason #1? Sure, they sound nice, but pools are very expensive to maintain. Running a close second is the fear of pool accidents - that's something nobody wants to experience.
Picture-Perfect Gardens
Another nicety, but who's going to spend all that time - and money? If the potential buyer is not horticulturally inclined, chances are your floral handiwork won't add to the offering price. The same can be said for expensive fences and stone walls - they look nice, but buyers don't pay up for them.
Basic Is Better
It may not sound very exciting, but it's the basic improve- ments you make to your home that may have the greatest return on its value: a beautiful new bathroom won't make up for a leaky roof. So if you're thinking of selling your house in the next year or so, be sure to address any problems the home may have before you, say, install those sunken gardens you've always dreamed of.
Adding a deck is a very cost-efficient way to add square footage to your house. Decks cost around
$6,000 and generally recoup 75% of their value. Compared to other outdoor improve- ments (except painting) that's an excellent return.
New Windows
Your utility bill savings may make up for the iffy resale value, however, a good set of standard windows should get you around 68% back. If you start getting too fancy with custom shapes and sizes, though, don't expect to get as much in return.
Swimming Pool
In a word - don't! Unless you're putting it in for you and your family to enjoy, it's commonly agreed that a swimming pool has no resale value at all. Reason #1? Sure, they sound nice, but pools are very expensive to maintain. Running a close second is the fear of pool accidents - that's something nobody wants to experience.
Picture-Perfect Gardens
Another nicety, but who's going to spend all that time - and money? If the potential buyer is not horticulturally inclined, chances are your floral handiwork won't add to the offering price. The same can be said for expensive fences and stone walls - they look nice, but buyers don't pay up for them.
Basic Is Better
It may not sound very exciting, but it's the basic improve- ments you make to your home that may have the greatest return on its value: a beautiful new bathroom won't make up for a leaky roof. So if you're thinking of selling your house in the next year or so, be sure to address any problems the home may have before you, say, install those sunken gardens you've always dreamed of.
DIANA ARRANAGA, BRE# 01294119
RE/MAX TIME
10535 E. FOOTHILL BLVD #100
RANCHO CUCAMONGA, CA 91730
Tuesday, June 17, 2014
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