Good news, home remodeling value holding its own, Cost vs. Value Report- Janice Roosevelt. Ecobroker, ABR, ePRO

By
Real Estate Agent with Rory Burkhart Team, Keller Williams

My latest issue of REALTOR arrive with my favorite annual feature: the Cost Vs. Value guide. The news is good. While home prices fell nationally by 7%in the last year, home remodeling held its own, declining only 3.86 %. So the verdict? Investing in your homes still pays off, and will continue to when you get ready to sell. Even the little stuff. It staves off the ugly period when you're under contract and trying to negtiate niggling issues with a buyer - those GFI outlets, hot and cold water faucets are reversed, the connections in the dishwasher are a bit funky,

At the height of the last market, in 2005, home owners could expect to recoup around 87% on an aggregate of 30 projects surveyd. Last year the ROI was around 67.3 percent.

In the Middle Atlantic region where I help people buy and sell homes, the bigger winners continue to be kitchen and bathroom redos,whether midrange or upscale  and decks, either composite or wood. We love our barbeques! Windows, siding and roofing, not surprising, rank with higher than average returns. And as en ecobroker I'm going to suggest you go green - low-E windows for sure

If you're curious about a specific project give me a call at 610-764-3062 or email jroosevelt@kw.com

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the eye to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Topic:
Real Estate Market Trends
Location:
Pennsylvania
Groups:
ECO-ALL-STARS & "BOOMERS"
Internet Lead Generation-How Best To Capture Your Audience
Keller Williams 'Rainers
Out Of The Box!
Posts to Localism
Tags:
home remodeling
cost versus value
home red
janice roosevelt

Comments 0 New Comment

Rainmaker
468,836

Janice Roosevelt

OICP ABR, ePRO,Ecobroker
Ask me a question
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the tag to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information