2014 Remodeling Cost vs Value

As reported this month by Realtor.com, fixing up the exterior of your home adds more value per dollar than interior remodeling projects. Curb appeal!

Upscale Housing 2014 National Averages
Project Job Cost Resale Value Cost Recouped Change vs 2013
Bathroom Addition $72,538 $43,936 60.6%        Increase
Bathroom Remodel $51,374 $32,660 63.6%        Increase
Deck Addition (composite) $35,158 $22,881 65.1%        Increase
Garage Addition $82,311 $48,065 58.4%        Increase
Garage Door Replacement $2,791 $2,315 82.9%        Increase
Grand Entrance (fiberglass) $7,305 $5,163 70.7%        Increase
Major Kitchen Remodel $109,935 $69,973 63.6%        Increase
Master Suite Addition $224,989 $125,920 56.0%        Increase
Roofing Replacement $34,495 $21,731 63.0%        Increase
Siding Replacement (fiber-cement) $13,378 $11,645 87.0%        Increase
Siding Replacement (foam-backed vinyl) $14,236 $11,124 78.1%        Increase
Window Replacement (vinyl) $13,385 $10,252 76.6%        Increase
Window Replacement (wood) $16,798 $12,438 74.0%        Increase

http://www.realtor.com/news/report-exterior-remodeling-will-offer-homeowners-largest-return-on-investment/#.UuGy5vbTm9a

Report: Exterior Remodeling Offers Largest Return on Investment.

Napa Valley Wine Train

Photo: We are ready for you.

Wouldn’t you love to enjoy a trip through California’s Wine Country on a meticulously restored vintage train car and enjoy  an exquisite dining experience as well? The 3 hour round trip which originates in the historic town of Napa is a relaxing way to tour 36 miles of California’s beautiful wine country.         http://winetrain.com/

As January is Napa Valley Restaurant month, the site “Visit Napa Valley” provides you with a list of Restaurants that participate in this Month’s festivities and offer special dining events.

http://www.visitnapavalley.com/napa_valley_restaurant_month.htm

Alfresco Dining

A nice bottle of wine, a beautifully crafted dinner, conversation with your best friend and family….what more needs to be said, this is what life is about. Isn’t it incredible that there are creative, talented visionaries that can guide  you to an eventual comfortable and inviting outcome.

 

Down Payment Percentages for Real Estate Purchases

This article sponsored by Guaranteed Rate, provides a general matrix of required down payment schedules.  This is meant to be a guide as there are various factors that actually determine what percentage a borrower receives. That being said I thought it was a clear, basic guide for Primary, Secondary and Investment Property lending.

https://www.guaranteedrate.com/resources/down-payment-how-much-is-enough?utm_content=bufferfc875&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

Remodel Check List

 

This is a great article written by Houzz contributor Laura Gaskill. It’s a realistic Check List for the Home Owner who has just finished a remodel…..before the Contractor and Subs leave permanently! Not planning a remodel or in the throws of one, file it away for the future.