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To Add Value and Enjoyment to Your Home Seven Tips

Seven Tips To Add Home Value

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Page 1: Seven Tips To Add Home Value

To Add Value and Enjoyment to Your Home

Seven Tips

Page 2: Seven Tips To Add Home Value

Seven Ways to Add Value to Your Home

1. Buff up Curb Appeal

2. Enrich with Color

3. Upgrade Kitchen and Bathrooms

4. Add Old World Patina

5. Screen Hardwood Floors

6. Clean out, Organize Closets

7. Update Window Treatments

Page 3: Seven Tips To Add Home Value

If you are selling your home, it is critical to get the buyers out of the car when they come to see your home. Be objective and check the condition of the landscaping, paint, roof, shutters, front door, knocker, windows, house number, and even how window treatments look from the outside. Add something special — such as big flower pots or an antique bench.

Buff up Your Curb Appeal

Page 4: Seven Tips To Add Home Value

Refresh the exterior paint.

The condition of your home's exterior is key to the overall curb appeal, so refresh that facade with a coat of paint. Fresh exterior paint will not only preserve and protect your home's exterior siding — the right paint color can make a dull home dazzling. By the same token, a house painted with an overly bright or overly bland color will make a house less appealing and hurt the value, so choose your colors wisely. Should you decide to put your house on the market and the exterior paint looks bad, a buyer will assume that the interior of the home has been neglected too and drive right past.

Page 5: Seven Tips To Add Home Value

Update your home's entrance

The look of your front door and entrance play heavily into the overall curb appeal of your home.

Entry doors are architectural components that should complement your home's overall design, not detract from it.

A welcoming entrance will definitely increase your home's bottom line.

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Resurface concrete.

Replacing the cracked concrete surfaces around your home can cost a small fortune. But for a fraction of that cost, concrete can be resurfaced in a multitude of colors and finishes. Consider adding a cobblestone finish to your driveway, a brick look to an old walkway or a slate finish around the pool or patio. Whichever texture you choose, it will be a huge improvement over standard concrete and potential homebuyers will really take notice.

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Buff up the Exterior Landscaping

Trimming Bushes and removing over grown trees and Shrubs will lift the vale of shrubbery and expose the potential beauty of your home.

Taking before photos in winter and after photos in Summer doesn’t hurt either.

Page 8: Seven Tips To Add Home Value

Low Costs ways to Spruce up Your Homes Exterior

1. Trim bushes so they don’t block windows or architectural details.

2. Put a pot of bright flowers (or a small evergreen in winter) on your porch.

3. Install new doorknobs on your front door.

4. Repair any cracks in the driveway.

5. Edge the grass around walkways and trees.

6. Keep your garden tools and hoses out of sight.

7. Clear toys from the lawn.

8. Buy a new mailbox.

9. Upgrade your outside lighting.

10. Buy a new doormat for the outside of your front door.

11. Clean your windows, inside and outside.

12. Polish or replace your house numbers.

13. Place a seasonal wreath on your door.

Page 9: Seven Tips To Add Home Value

Paint’s cheap!Forget the adage that it must be white or neutral unless color isn’t your thing. Consider hiring a consultant in that case.

Enrich with Color

Page 10: Seven Tips To Add Home Value

Adding Color and Tying in Surroundings Gives your Home some Mojo

Not so Much Mojo Some Mojo Indeed

Page 11: Seven Tips To Add Home Value

These make-or-break rooms can spur add a lot of value to your home. Besides making each squeaky clean and clutter-free, update the pulls, sinks, and faucets. In a kitchen, matching appliances, nicer counter-tops and attractive cabinets make a big impact.

Upgrade Kitchen and Bathrooms

Page 12: Seven Tips To Add Home Value

Kitchen or bath remodels are always a safe bet.

Improving your home is a solid investment at any level — but if you have up to three thousand dollars to spend, a great place to start is by upgrading either the kitchen or bath. Either room is a good choice and you don't have to do a complete floor-to-ceiling remodel to reap financial benefits. In fact, modest kitchen or bath updates can be your best bet for a big return, netting, on average, an 80-85 percent return.

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Simple remodeling ideas for your kitchen without breaking the bank

1. Tile Backsplash

Today's latest kitchen trend is adding some color and personalization with unique backsplashes that complement but don't necessarily match countertops. Manufactured tiles are affordable, starting at approximately $4 per square foot, and adding a few hand-painted tiles with such items as fruits, flowers or shapes can provide creative flair. Adding backsplash tiles is a simple project that even the beginning DIYer can take on without hesitation, and it can be completed in just one afternoon.

2. Pullout Faucets

Consider adding a new pullout faucet to your kitchen to provide a lot of functionality combined with great looks. Faucets are now available in more stylish finishes, including copper or brushed stainless steel. Copper finishes are becoming increasingly popular and can provide the perfect complement to range hoods, teakettles, cookware and other items. Brushed stainless steel continues to be a popular choice, in part because it matches the look of many of the latest commercial-style appliances.

3. New Countertops

Your countertop is one of the most important and visible parts of your kitchen. A new countertop can give your kitchen a whole new look, and your choices are virtually limitless. The most popular choice is laminates. Available in hundreds of colors and textures, these countertops cost approximately $25 per linear foot. They are easy-to-clean and long lasting, but they do show cuts and nicks. Following a close second to laminates are solid surface countertops. Although they can cost quite a bit more -- $90 to $200 per linear foot -- solid surface countertops will allow nicks, scratches and burns to be buffed out. Quartz and granite surfaces are also increasing in popularity -- but increasing in cost as well.

4. Refacing/Refinishing Cabinets

In a kitchen-remodeling project, new cabinets are usually the largest expense -- but they don't have to be. If the general structure of your cabinets is good, consider refinishing or refacing them. This can cost less than half the price of new cabinets. Refinishing means stripping, staining or painting the surface; while refacing requires replacing cabinet and drawer fronts and putting a matching veneer on the cabinet frames. Refacing creates a totally different look and allows you to change from dark wood to light, which will brighten an outdated kitchen. Both refinishing and refacing will not only save in material costs, but will also save labor costs compared to new cabinets. If even refinishing or refacing cabinets is not in your budget, you can simply change the cabinet hardware. New knobs and handles are available in all shapes, sizes and finishes -- and some are even sculpted allowing you to create your own special kitchen look.

5. Stainless Steel Sinks

If your kitchen sink is stained, scratched or pitted, you will be happy to know that for about $300, you can get the latest in stainless steel sinks. A new trend is under mounting for fast, easy cleanup with no ridges to get in the way.

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Simple remodeling ideas for your kitchen without breaking the bank Part 2

6. New Lighting

Illuminate dark work areas with under-counter lighting that can be purchased as separate halogen lights or as a strand of rope lights. Halogen lights cost about $3 each and should be spaced 18-24 inches apart. Rope lighting is one continuous strand of lights and usually costs $3 per foot.

In addition to under-counter lighting, you may consider changing ceiling fixtures. Some of today's hottest styles are recessed lighting or pendant fixtures that hang down a few feet from the ceiling to provide better illumination for an island or eating area. Usually you can find fixtures at relatively moderate beginning prices at home centers or kitchen showrooms.

7. Stenciling, Painting and Wallpapering

Plain-colored walls are becoming a thing of the past as more homeowners opt for bold, colorful designs. Many new, faux finish designs use sponging techniques and stencils to personalize the look of the kitchen. Even the color palettes are changing from neutrals to dark blues, greens and maroons. Besides being inexpensive, painting is one of the easiest projects to complete in a fairly short amount of time and it makes a dramatic difference in the appearance of any room.

8. Appliances

One of the biggest expenses in a kitchen-remodeling project is replacing the appliances. To avoid buying new appliances all at once, selectively add appliances by choosing the one that is most out-of-date in either look or function, and then add others over time as your budget allows.

If your old appliances still fit the bill in terms of performance, but you'd like an updated look, you can actually repaint them or buy new panels to match the new decor or cabinetry in your kitchen. Visit your local home center to find out how this can be accomplished for your particular brand of appliances.

9. Workspace and Storage Options

The island is usually the hallmark of any kitchen remodel, but if you are on a budget, a new, built-in island may not be on the agenda. If you still want the convenience and storage space of an island, consider one on wheels. For approximately $300, you can have a kitchen island that has the extra advantage of allowing you to stow it away in the corner when not in use.

10 Window Treatments

Nothing catches the eye like windows, so making them look good is critical. If you sew, you can bring a new look to your windows for the price of materials and an investment of your time. If not, pre-made window treatments can beautify your kitchen, often for less than $100 per window.

Courtesy of ARA Content, www.ARAcontent.com

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Increase Your Home’s Resale Value with a Bathroom Remodel

Why the Bathroom?

Many people don’t see the value of remodeling the bathroom when other, more visual parts of the home could be renovated first. This is a valid point unless you are thinking of cashing in on all the other improvements you have made by selling but you have neglected the bathrooms. Bathrooms should match the style and age of the rest of the home and nothing kills the buyers interest faster than after going gaga over a great kitchen, then walking into the bathroom of the sixties complete with Avocado Green. You know what I mean?

What to Consider When Remodeling the Bathroom

The reason a newly remodeled bathroom can positively affect the resale value of the home is because of the luxuries a bathroom can contain. Every master bathroom has a bath tub/shower, toilet, and sink. A stylish, well-designed bathroom can make a huge impression on prospective home buyers and even be the deciding factor when choosing between two homes. Remodeling your bathroom and installing that recessed lighting and sleek bathroom vanity just might make you want to spend a little more time in the can.

Bathroom Decorating Ideas

Redecorating your bathroom with original and modern ideas can brighten up a cold and uninviting room. If it is time for a bathroom makeover, count yourself lucky when you see the amount of wonderful, contemporary decorating ideas for the bathroom today. Scan home decorating magazines, look on the internet, or visit your local home center to see an abundance of great ideas.

Common bathroom decorating ideas include adding or replacing light fixtures. While choosing lights may be a daunting task, be aware that the perfect lighting can enhance your bathroom's theme and make a dramatic improvement to the overall feel of the room.

Mirrors in a bathroom not only serve a genuine purpose, they can also make a room look larger and can be a good reflection on you and your decorating taste. Large mirrors may be dressed with window treatments. One colorful idea is to decorate bathroom mirrors with window scarves. Draped high over the top of the mirror and allowed to hang evenly down both sides, window scarves can add a color accent to a bland room.

If your bathroom decorating ideas include furniture, accessories and other decorations, make sure to mix and match the items before placing all of your chosen items in the room. While you may think that an item can give life to the bathroom, it may not complement other items. While it is easy to add soaps, toothbrush holders, and other bathroom accessories, small furniture, tiny collectibles and other displays may not easily complement your bathroom's theme. For this reason, you should pick your items carefully to give a harmonious feel to the room.

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Install crown molding at least six to nine inches in depth, proportional to the room’s size, and architecturally compatible. For ceilings nine feet high or higher, add dentil detailing, small tooth-shaped blocks used as a repeating ornament. It’s all in the details, after all.

Add Old World Patina

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Crown Moldings, Craftsman, Chair Rails, Rugs and Décor are just a few ideas and examples of how to get a big bang for your buck..

Moldings and Trim Can Make a Difference

Page 18: Seven Tips To Add Home Value

Buyers favor wood over carpet, but refinishing is costly and time-consuming. Screening cuts dust, time, and expense. What it entails: a light sanding, not a full stripping of color or polyurethane, then a coat of finish

Screen Hardwood Floors

Page 19: Seven Tips To Add Home Value

Have newer looking Wood Floors at a lower cost

Screen and Coat Worn or Dull Hardwood Floors

  The screen and recoat (also called buff & coat) procedure for hardwood floors is a cost effective method of revitalizing worn or dull floors. Instead of paying for a complete refinishing, floors can be brought back to life, but don't expect deep scratches and dings to be removed. Frequent applications can protect floors and eliminate the need for a complete refinishing at a later date

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Get sorting — organize your piles into “don’t need,” “haven’t worn,” and “keep.” Closets must be only half-full so buyers can visualize fitting their stuff in.

Clean Out, Organize Closets

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Which Closet would you Want?

No Mojo Here A Little More Mojo

Page 22: Seven Tips To Add Home Value

Consider Adding some Closet Organization to your Home

If Cleaning isn’t Your Only Option

Page 23: Seven Tips To Add Home Value

Buyers want light and views, not dated, fancy-schmancy drapes that darken. To diffuse light and add privacy, consider energy-efficient shades and blinds.

Update Your Window Treatments

Page 24: Seven Tips To Add Home Value

Lighten Up & Frame Your Windows

Not so NiceSomething to Get Excited About

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2007 Remodel Cost and Recoup

Mountain      2007 National Averages

   

Job Cost Resale ValueCost Recouped

Project Midrange

Job Cost Resale ValueCost Recouped

$43,868 $34,032 77.60% Attic Bedroom Remodel

$46,691 $35,771 76.60%

$12,916 $7,311 56.60% Back-Up Power Generator

$13,357 $7,748 58%

$56,297 $47,167 83.80% Basement Remodel

$59,435 $44,661 75.10%

$35,480 $24,239 68.30% Bathroom Addition

$37,202 $24,553 66%

$14,955 $12,289 82.20% Bathroom Remodel

$15,789 $12,366 78.30%

$10,717 $9,244 86.30% Deck Addition - Wood

$10,347 $8,835 85.40%

$76,068 $51,781 68.10% Family Room Addition

$78,989 $54,148 68.60%

$53,270 $37,557 70.50% Garage Addition

$53,897 $37,461 69.50%

$26,503 $14,601 55.10% Home Office Remodel

$27,193 $15,498 57%

$53,640 $42,001 78.30% Major Kitchen Remodel

$55,503 $43,363 78.10%

$94,856 $65,121 68.70% Master Suite Addition

$98,863 $68,172 69%

$20,634 $17,139 83.10% Minor Kitchen Remodel

$21,185 $17,576 83%

$15,902 $10,853 68.20% Roofing Replacement

$18,042 $12,166 67.40%

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Job CostResale Value

Cost Recouped

Project Upscale

Job CostResale Value

Cost Recouped

$10,132 $7,960 78.60% Siding Replacement

$9,910 $8,245 83.20%$68,272 $37,240 54.50% Sunroom A

ddition$69,817 $41,231 59.10%

$134,132 $99,632 74.30% Two-Story Addition

$139,297 $103,010 73.90%$10,055 $7,665 76.20% Window Re

placement - Vinyl

$10,448 $8,290 79.30%$10,939 $8,905 81.40% Window Re

placement - Wood

$11,384 $9,241 81.20%

Mountain      

Project Upscale National Averages

   

Job Cost Resale ValueCost Recouped

Project Upscale

Job Cost Resale ValueCost Recouped

$70,523 $48,973 69.40% Bathroom Addition

$73,145 $50,442 69%$48,643 $33,154 68.20% Bathroom R

emodel $50,590 $34,588 68.40%

$14,979 $11,207 74.80% Deck Addition - Composite

$15,039 $11,672 77.60%$79,958 $52,165 65.20% Garage Add

ition $82,108 $53,056 64.60%

$107,346 $81,473 75.90%Major Kitchen Remodel

$109,394 $81,096 74.10%

$214,822 $143,114 66.60%Master Suite Addition

$220,149 $141,120 64.10%

$28,068 $19,639 70%Roofing Replacement (steel)

$33,151 $21,769 65.70%

$13,114 $10,834 82.60%

Siding Replacement (fiber-cement)

$13,212 $11,633 88.10%

$12,534 $9,428 75.20%

Siding Replacement (foam-backed vinyl)

$12,132 $9,668 79.70%

$12,813 $10,175 79.40%Window Replacement - Vinyl

$13,479 $10,913 81%

$16,871 $13,578 80.50%Window Replacement - Wood

$17,383 $13,784 79.30%