Friday, January 21, 2011

Remodling/Home Improvement - 2011 Cost vs. Value

The numbers are in for the 2010-2011 Cost vs. Value report from Remodeling Magazine for home improvement. This report will give you information on how much various improvements cost and what to expect in a return when you sell the house. Most homeowners believe that improvements will increase the sell price of a property but it's not necessarily so. The best reason to improve your property is to give it an advantage over the competition. Time is money and the longer your home sits, the more money it will cost you and the harder it will be to sell.money
First impressions are so important when you are trying to sell a house and below are the top 5 improvements that make the biggest difference.

1. Replacement of the front door. The very first impression. Make sure it suits the style of the house and is an improvement in design and function. A 20-gauge steel door with a dual-pane glass window may cost about $1,218 and according to the report recouped 102.1% of your investment.

front door 2. Replacement of garage door. An uninsulated, embossed steel door with a 10-year warranty may cost about $1,291 and according to the report recouped 83.9%.

3. Siding replacement. The new fiber-cement siding on a 1,250 sq.ft. of exterior may cost about $13,382 and according to the report recouped 80.%

4. A Minor Kitchen remodel. Many buyers consider this the most important room in the house. Buyers like fresh paint, quartz or granite countertops, stainless appliances and tile or wood floors. The cost may be about $21,698 and according to the report recouped 72.8%.

5. Addition of a deck. This is a really "Wow!" to buyers. A 16' x 20' deck may cost about $10,973 and according to the report recouped 72.8%.

deck

RelocateAmerica.com ranked Austin Ranked Among Best Cities to Relocate
“Austin was ranked the third best city to move to in the United States, according to a RelocateAmerica.com report. The relocating resources website listed Austin just behind Huntsville, Ala. and Washington D.C. for overall best place to move.” - Austin American-Statesman


If you are interested in finding out more about Austin, living in Austin, real estate or buying or selling a home in Austin, I want to be your REALTOR. And I appreciate your referrals as well. Call or email to find out how I can help you. 512.589.7988 or robin @robinscottrealtor.com
Austin, Texas. Robin Scott, BROKER. Certified Residential Specialist, Accredited Buyer's Representative, Seller's Representative Specialist. 512.589.7988.

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