Mar 28 2019 62426 1

Mar 28 2019 62426 1

Trendy Home Renovations that Can Pay for Themselves!

---Whether you are wanting to sell your home, add value, or just plain…. keep up with the neighborhood, check this out….by: Tisa Lee Peek, Realtor---

Stone Veneer, Manufactured-

You’ve probably seen stately stone popping up on homes for the past year or two. Replacing some of your home’s vinyl siding or Masonite with manufactured stone veneer (a siding that mimics the look of real stone made from concrete) will potentially pay for itself according to Remodeling magazine’s 2019 Cost vs. Value Report. The average cost of stone veneer siding on homes is $8,907 and recoups nearly 95% of the initial outlay at the time of sale. Major kitchen and bathroom renovations, recoup only about two-thirds of their initial cost at sale.

Installing Hard-wood Floors-

Depending on where you live and the style of your home, upgrading your carpet or laminate floors to hardwood flooring can return between 78 and 91 percent of the cost when you resell your home. Keep in mind that engineered wood products don't fare nearly as well – so go for the real thing unless you're not planning to sell right away. Look for a universally appealing finish, and keep in mind that oak is a perennial favorite among homebuyers.

Install Fiberglass Insulation in the Attic-

This is the best improvement you can make to a home from a cost/benefit point of view. Not only is there a projected 107% return on the project, but it also makes utility bills much more efficient.

Replace the Front Door:

The expected recoup on replacing the front door on a home is 90% come sale time. Curb appeal and an attractive, inviting first impression to potential buyers is key! When it comes down to choosing between twenty-plus homes that are similar in the market; think what is going to set your home apart from the rest? Curb appeal, my friends!

Upgrade Garage Doors-

Again, this all boils down to attractiveness on the outside. A new garage door offers this, but also with the insulated options and various styles available; one can easily recoup 80 percent or more on the cost and ATTRACT more potential buyers! An added bonus, new garage doors means seal is tight, more efficiency thus helping insulate that garage creating lower utility costs.

I hope you find these trendy ideas helpful! If you need some more perspective or would like an additional market analysis of your home or property; call, text or email—Tisa Lee Peek, Realtor, Hometown Realty, 701-214-1188.


Tisa Peek Headshot
Author:
Phone: 701-214-1188
Dated: April 1st 2019
Views: 145
About Tisa: Tisa has been in sales for sometime and comes to you with a passion for helping the client! She is o...

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Location & Address

Hometown Realty, Inc.
2900 E Broadway Ave. Ste. 8
Bismarck, ND
701-354-1372