Give Your Home A Holiday Gift
December 16, 2010
Remodeling magazine has conducted its "Cost vs. Value" survey of contractors and real estate agents since 1988. The magazine has just published the results of its 210 survey. According to Sal Alfano, editorial director, "Economic realities have generally snuffed out over-the-top kitchen remodels and room additions in favor of more modest jobs."
In the end, most people remodel for themselves - what they might need or want. "The top five "moderate projects" with the strongest payback at resale time, returning 72.2% or more of their costs: steel entry-door replacement (at a cost of about $1,200); Garage-door replacement ($1,000); wooden deck addition ($11,000); replacing 10 insulated, wooden windows clad in vinyl or aluminum ($12,000); an attic bedroom addition ($51,428)."
In our Inland Empire real estate market area, the two projects on this list that really do appeal to buyers - and that would be a great gift to your house) are garage door replacement and the replacement of single pane windows with the new dual pane windows.
Actually, these would not just be a gift to the house, they would be a gift to all the inhabitants.
Additional information from the survey can be found at http://www.remodeling.hw.net/
Remodeling magazine has conducted its "Cost vs. Value" survey of contractors and real estate agents since 1988. The magazine has just published the results of its 210 survey. According to Sal Alfano, editorial director, "Economic realities have generally snuffed out over-the-top kitchen remodels and room additions in favor of more modest jobs."
In the end, most people remodel for themselves - what they might need or want. "The top five "moderate projects" with the strongest payback at resale time, returning 72.2% or more of their costs: steel entry-door replacement (at a cost of about $1,200); Garage-door replacement ($1,000); wooden deck addition ($11,000); replacing 10 insulated, wooden windows clad in vinyl or aluminum ($12,000); an attic bedroom addition ($51,428)."
In our Inland Empire real estate market area, the two projects on this list that really do appeal to buyers - and that would be a great gift to your house) are garage door replacement and the replacement of single pane windows with the new dual pane windows.
Actually, these would not just be a gift to the house, they would be a gift to all the inhabitants.
Additional information from the survey can be found at http://www.remodeling.hw.net/
posted by shirley harry at 8:50 AM
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