Can you give Some Advice on Home’s Resell Price?

Home Improvements That Increase Your Home’s Resell Price
by: Nicolette Dial
One of the best things you can do as a homeowner is to use some of your home equity dollars to finance home improvements. Not only will the additions make your home more attractive and pleasant to live in, but certain projects will bring a significant return on investment when the time comes to sell your home. The following 5 projects have been proven to add extra dollars to the average home resell prices. The statistics are courtesy of “Remodeling Magazine.” ROI stands for “return on investment”
1. Minor Kitchen Remodeling: Average cost = $8,655. Average ROI = 88%.
A minor kitchen remodel usually includes replacing the cabinets and countertops with higher quality materials or increasing the total amount of cabinet storage and countertop surface area. It would also most likely include the addition or upgrade of appliances such as garbage disposals, built in microwaves, dishwashers, and higher quality refrigerators.
2. Bathroom Remodel: Average cost = $9,135. Average ROI = 81%
This project would include things such as installing attractive countertops such as stone, granite, or marble. The fixtures would need to be upgraded and the shower and bathtubs should be resurfaced. Also, any tiling would need to be grouted. Other things that could increase the value of a bathroom remodel would be adding an extra sink basin, converting a bathtub to a Jacuzzi, or installing additional showerheads.
3. Major Kitchen Remodel: Average cost = 31,090. Average ROI = 71%
The major kitchen remodel is very costly and will take much more work than the minor remodel. The major version will require all appliances to be replaced. Whenever possible, appliances should be made in stainless steel. The countertops should be made of stone or granite. The floors might be replaced with high quality laminate flooring. The addition of a kitchen island or a centrally located stove could work. For a major kitchen remodel, you should consult a contractor and possible an interior designer. This is definitely not a do it yourself project.
4. Outside Deck: Average cost = $8,022. Average ROI = 55%
The deck is self-explanatory. The larger the deck, the higher the return on investment will be. The deck should obviously be coated with a nice looking finish that matches the outside of your home, and needs to be treated with a high quality water seal.
5. Hardwood Flooring: Average cost = Varies. Average ROI = Varies
The cost and return on hardwood flooring varies greatly based upon the total amount of rooms and surface area is remodeled. Also, the choice in the variety of hardwood will impact the value. Certain woods like Oak and Cherry are more valuable than others. Also, it is very important to properly maintain your hardwood floors. Flooring that is scraped, scratched, dull, or water stained can actually decrease the value of your home. If you have active children, you might want to stick to carpeting.
About the author:
Nicollette Dial is a freelance author who comes from a family of contractors. She contributes to several home improvement websites, including http://www.allhardwoodflooring.info
Categories: Home Improvements Tags: Home Improvements, Home’s Resell Price, Kitchens, Remodel your Bathroom, replacement windows
How to Choose A Countertop That Is Right For You?
Choosing a kitchen counter material can be an overwhelming task in the midst of a huge kitchen makeover. Before you select a material, try to decide what look you are going for. Scour magazines and take a trip to your local home improvement center to get an idea how each type of material will effect the overall style of the kitchen.
Some materials for kitchen counter tops include:
Laminate – The least expensive and comes in a huge range of colors. You have to be careful not to cut or put anything hot on the surface, but it is easy to clean. It is not as durable as stone or Corian and doesn’t look as nice either!
Tiles – Tiles can range in price from very inexpensive to very expensive depending on your choice. In my opinion they make terrible counter tops because food and such tends to get caught in the grout lines. Even worse, if you use light colored grout it gets dirty very quickly and must be scrubbed all the time. Tiles can crack and chip easily.
Corian – A very durable counter that is seamless and has the look of granite. It comes in a myriad of colors and can scratch, but these can be sanded and repaired. Unlike stone, it will melt so no hot pots on the counter top. More expensive than laminate but a bit less than stone.
Granite – This material is a long time favorite and one of the most expensive. It is extremely durable and virtually scratch free and heat proof. It is porous, though so you will have to wipe up any spills quickly and be careful about what chemicals you put on it. These days, granite comes in a range shades in the gray – black – green and even dark blue colors. Granite must be sealed every year, but otherwise is quite easy to clean and care for.
Marble – Beautiful but very porous and is not really practical for a counter top. It will stain easily with normal food prep.
Slate – Slate has a nice warm earthy look without the shininess of granite. It is durable and easy to clean and unlike granite is nonporous. Scratches can be easily repaired.
Butcher Block – Wood kitchen counter top materials can give hour kitchen a warm look. Butcher block is good for cutting as the marks can be sanded out but it is not very resistant to bacteria or stains. Would need periodic conditioning.
Concrete – Fast becoming a favorite in modern kitchens that want an industrial look, concrete is a mid priced material that can be mixed to form any color and even can be mixed with little pieces of anything you want it it! It is durable and easy to clean but is very porous and should be sealed to avoid staining.
About the author:
Lee Dobbins writes for http://www.home-improvement-solution.com
in addition to other sites. Visit the article database at http://www.home-improvement-solution.com/articles.htmlfor more on remodeling and home improvement.
Categories: Home Improvements Tags: added value, Countertop, Home Improvements, Kitchens
