Archive for the ‘increase home value’ Category

Popular Garage Door Materials

Photo of fiberglass garage doors

Two Garage Doors

For most of us, the garage door was on the house when we purchased it.  If you built your home, you probably picked the door that you wanted.  If you bought an existing home, you also bought the garage door the previous owners liked.  You are confronted with an array of choices when it is time for a replacement.  The first decision is what material do want the door to be made of.

Few of us give it much thought other than to make sure our garage door is open when we drive through it and closed at night when we lockup the house. But when it comes time to replace an old worn out door in Orange County, we are suddenly confronted with many decisions regarding materials that we didn’t even know were used for garage doors. The first choice you must make is what type of material you want. Continue reading

Building an Addition

bathroom addition

Master bathroom addition

There are many benefits from home remodeling projects, especially for the homeowner who builds an additional room. It can provide some much needed extra room for a growing family and in general create an environment that is simply more spacious which may simply mean more room in which to entertain guests. Home additions can be personally designed to meet specific needs. And it can be a cost effective method to adding more value to the home. But all room additions are not created equal and even though you add more livable space, it may not mean that the NJ home is going to increase in value next time the property appraiser looks it over. Depending on the layout and present size of the house, it can be more beneficial to add on a bathroom than a bedroom. Here are some ideas to help homeowners sort it all out. Continue reading

How to Increase Curb Appeal

Curb Appeal

Curb Appeal

Curb appeal is a very important aspect of a Phoenix home. The aesthetic appearance of the exterior of the home is the first thing a visitor will see and you only get one chance to make a good first impression. The curb appeal can have a direct influence on whether or not a home is seen as desirable for purchasing. Whether a home is being put back up on the market or a homeowner just wants to improve the look of the home’s exterior some relatively inexpensive home remodeling projects can improve the home’s curb appeal. Continue reading

Types of Replacement Windows

Window

Open Window

For the homeowner considering replacement windows there can be so much information that it becomes overwhelming. While it is agreed that there are many benefits from home remodeling projects which include replacement windows, trying to choose the exact window can be confusing for the Baltimore homeowner who really is not sure which one is best. There are several different types of replacement windows from which to choose including styles, frame materials and glass options. These are the main aspects that must be considered when choosing which windows will work best for your home improvement project.

Frame Materials

There are four materials that are typically used to make replacement windows for the Baltimore home. The four types of materials are aluminum, vinyl, wood and fiberglass. Each of these has advantages and disadvantages. Aluminum window frames are lightweight, durable and very low maintenance. Aluminum can be used to make the sashes and frames much slimmer; but it can be less aesthetic in appeal than wood. Wood windows are long lasting and durable. Wood can be adapted to almost any exterior style since they can be painted or stained to achieve the desired effect. The disadvantage to using wood frames is that it is very high maintenance and it will have to be painted frequently. Continue reading

Benefits of Buying a Condo

Condominium

Condominium

There are several options available when looking for a home to purchase; and most agree that purchasing is better than renting in almost every circumstance. The traditional detached residence may be one of the most popular choices, but purchasing a condominium can be a better option over renting an apartment or buying a more traditional home. There are several different types of condos but most of them look like a regular house or a townhouse. Here are a few of the advantages that are associated with purchasing a condo.

The Advantage of Community

There is a social aspect to owning a condominium. You and your neighbors become a sort of community, and since they are purchasing their condo too it is possible to develop long term relationships with them. There is a sense of shared ownership so there can be quite a bit of socialization between the owners. When you need to go on a business or leisure trip, you can rest easy knowing that there is someone close by who would alert you or the police should anything look out of the normal.

Maintenance Advantages

Condo owners do not typically have to mow their lawns, they do not have to clean the gutters or pay landscapers. Usually, the property management company takes care of these sorts of things for the owners. Roofing, house painting and cleaning the pool are not the owner’s responsibility. You will not even have to shovel your own sidewalk in most cases. Living mostly maintenance free is one of the biggest things that appeals to those who choose to purchase a condo.

Easy on the Budget

Most of the time a condominium is much less per square foot than the purchase price of a detached residential home. Condos do have a very wide price range, but they are usually more affordable than single home dwellings of other types. The monthly mortgage is many times much less than what is paid for renting an apartment. Choosing a condo is easier on the budget than most other options. And there is no lease with a property management company. This just means you do not have to make a choice periodically whether you are moving or staying. It’s much more permanent.

Other Financial Advantages

When you pay for a condominium, you are paying a mortgage. This means that the payment will include interest which is tax deductible. Even though the dwelling is a condo, you are still a homeowner which gives you the same advantages as those who own traditional homes. Since you are making a mortgage payment with the hope of one day paying the loan off, you are investing in real estate. If you desire, you can make improvements by different home remodeling projects that can help increase the value of your home. Of course this is to ensure that you make a profit when it comes time to sell it later. Just get a property appraisal before you get it ready to put on the market. This will give you a good idea of how much the improvements were actually worth.

Things You Need To Know Before Remodelling Your Home

Remodeled Home

Remodeled Home via Flickr: ktylerconk

When it comes to a home remodel there are tons of different things that homeowners need to keep in mind and understand fully prior to starting the remodel. There are structural and technical issues to remember, design choices to be made, and property values to be considered when looking at any home remodel project. The first and most important thing to understand is how the remodel is going to affect the resale value of the home.

A real estate agent that is offering a client help in buying a home is going to be looking for several things in any older construction home, things like updated bathrooms and kitchens, hardwood or laminate flooring, new windows and fixtures, and any additions that have been made to the home. All of these upgrades can help increase resale value and can help add to the property value as a whole in the long run. When upgrading to increase the value of the home, price of the upgrade or renovation is the most important factor to keep in mind. A homeowner can update and upgrade all they want but if the upgrade costs more than the added value to the home, there is an issue. When doing an upgrade purely for resale value it is important to keep costs as low as possible in order to insure the highest profitability. Doing a $20,000 remodel that is only worth about $10,000 in resale value is a waste of money, time and effort in the long run. Continue reading

How to Increase my Home’s Value

Deck

Deck

Obtaining a property appraisal is an important step in purchasing or selling a home. Getting an inaccurate appraisal can mean the house sits on the market for a lot longer.  And the property appraisal definitely influences whether or not you can get a mortgage approved. An appraiser will give a home value based on other comparable houses, plumbing, electrical fixtures, curb appeal and the overall condition of the property. There are some home remodeling projects that can help increase the value of your home. It is important to know what types of improvements will actually increase the value of the home. Continue reading