Monthly Archives: June 2012
7 Best Remodeling Projects for the Money
7. Siding with Value
Vinyl remains the most popular choice for siding material. Its durability and low cost make it a sensible option, and its light weight makes it easy to install, saving on labor. Modern vinyl siding comes in many colors, and certain varieties include foam backing, which contributes stiffness while adding money-saving insulation.
National average cost, replace 1,250 sq. ft. of existing siding with foam-backed vinyl siding, including trim: $14,274*
Value at resale: $9,937*
Percent of investment recouped: 69.6%
Credit: CertainTeed Corporation
#6: All Decked Out
We Americans love the out-of-doors, especially our own backyards. That’s one reason decks remain popular home improvement projects. They also increase living space at a reasonable cost — you can build a 16-by-20-ft. wood deck for about $32 per sq. ft. That’s less than half the cost of new housing construction. Plus, all the fresh air and sun are free.
National average cost, 16-by-20-foot pressure-treated wood deck: $10,350*
Value at resale: $7,259*
Percent of investment recouped: 70.1%*
Credit: RDM Architecture
5: Put a New Face on Your House
Garage doors account for up to 20% of your home’s façade — and a whole bunch of its curb appeal. A new garage door not only makes your homestead more appealing, it helps preserve its value. You can get a new 16-by-7-ft. steel double door for about $1,500. If you move up to an insulated garage door with glass window panels, you’ll pay about $3,000.
Average cost for a mid-range steel replacement garage double door: $1,512*
Investment value at resale: $1,087*
Percent of invest recouped: 71.9%*
Credit: Amarr Garage Doors
4: Energize Your Tired Kitchen
If your kitchen is looking dated but the layout and size are fine, a minor kitchen remodel can work wonders without big expense. Get a low-cost facelift by leaving the cabinet boxes in place, and adding new doors and drawer fronts, hardware, and an inexpensive but stylish laminate countertop. New kitchen flooring and EnergyStar-rated appliances complete the transformation.
National average cost, minor kitchen remodel: $19,588*
Value at resale: $14,120*
Percent of investment recouped: 72.1%*
Credit: Katie Ridder Interior Design and Decoration
3: A Bedroom with High Aspirations
Converting attic space to a bedroom reaps big rewards. You’ll add value by adding bedrooms without altering your home’s footprint. Planning is key — ask an architect or structural engineer to ensure there’s enough headroom, the floor joists are strong, and there’s emergency egress.
National average cost, convert a 15-by-15-ft. attic to a bedroom plus bath: $50,148*
Value at resale: $36,346*
Percent of investment recouped: 72.5%*
Credit: Birdseye Design, architect/Birdseye Building Company, builder/Susan Teare, photo
2: A Low-Cost Entry Door with Steely Good Looks
Few projects have the cost-effective impact of a new steel entry door. For less than $1,500, you can enhance your home’s curb appeal and recover a portion of your investment if you sell your home. Steel doors, however, lack the durability of wood and fiberglass exterior doors that cost twice as much.
National average cost, replace an existing entry door with a 36-inch-wide, half-glass, 20-gauge steel door, including new jambs and trim: $1,238*
Value at resale: $903*
Percent of investment recouped: 73%*
Credit: Kevin Quinlan Architecture, LLC
Durable, weatherproof, fireproof, and resistant to insects and decay, fiber-cement siding is a popular trend for siding replacement. One of its key benefits is stability — it doesn’t shrink and expand with changes in temperature and humidity. Exterior paint and caulking jobs last longer, contributing to low-maintenance exteriors.
National average cost, replace 1,250 sq. ft. of existing siding with fiber-cement siding, including all trim: $13,461*
Value at resale: $10,493*
Percent of investment recouped: 78%*
Credit: DeForest Architects
When you take on a home remodeling project, there are two things you need to know before anything else: How much will it cost, and how much of its value can you recoup later? We can help you figure it out, with some help from Remodeling Magazine’s annual Cost VS Value Report for st Louis.
Contact us today for your copy by emailing me at Nelleke@kw.com with Cost Value Report in the header.
How would you like to live in Southern California? For a mere 1.3 million you can own the first home featured. If you live in Indiana you can own the second home for almost the same price.
Our Newest Listing Must See On cul-de-sac across from Park!!
Nelleke Maxwell for the Chriss Johnson Team |
Keller Williams Realty – Southwest | (314) 629-2735 |
204 Kayser Ave, Saint Louis, MO | |
MLS#12032582 | offered at $84,900 |
2BR/1BA Single Family Home
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Year Built | 1954 |
Sq Footage | 768 |
Bedrooms | 2 |
Bathrooms | 1 full, 0 partial |
Floors | 1 |
Parking | 2 Uncovered spaces |
Lot Size | 6,098 sqft |
HOA/Maint | $0 per month |
DESCRIPTION
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Great first time home owner or landlord opportunity. The major items have been updated all you need to do is add your personal touches. Right across from the park and on a cul de sac. Basement has two rooms that have been roughed in with walls and electrical. New carpet put in in May 2012!! Don’t miss out. Nice level backyard with storage shed. |
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