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Home Improvement and Remodeling

August 12, 2014 By Dario

home-improvement-stats

 No Project left undone

During the past year alone, new homeowners spent $18 billion on home improvement projects. From the simple, such as painting or flooring, to large-scale projects, such as additions or replacing windows, this group of consumers made the most out of every paint brush, hammer, and two-by-four.

1 out of 5 new homeowners took on a remodeling project during the past year.

These remodeling homeowners are:

  • 70% more likely

  • 68% more likely to have taken on a new landscaping

  • 49% more likely to have tackled an addition

  • 43% more likely to have remodeled a bathroom

  • 29% more likely to have replaced windows

  • 25% less likely to have not made any home improvements during the past year

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Source: Nielsen Scarborough USA+ Study

Filed Under: Everything Else, News Tagged With: flooring, home, homeowners, improvement, kitchen, painting, projects, remodeling, upgrades

Smart Home Upgrades

May 30, 2013 By Dario

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Dario Barba

[email protected]

Phone: (619) 651-0433

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Home Upgrades that Pay Off

Thinking about renovating your house? Builders beware: when it comes to home renovations, not all upgrades are created equal. Spend your home renovation budget wisely and you’ll reap the rewards of retained value!

Kitchens and Bathrooms
– Updating your kitchen and bathrooms is almost always worth it. Whenever possible, stick with existing layouts and upgrade the details, like fixtures, flooring, countertops and cabinetry.

Curb Appeal –
Ensure your home makes a good first impression by upgrading the exterior paint and trim, adding architectural detailing and decorating walkways with low-maintenance landscaping.

Outdoor Entertainment –
Create outdoor living spaces. Decks are one of the best investments because they are relatively inexpensive to install and tap into the outdoor living trend.

Extra Living Space –
Consider adding a sunroom, converting attic space, or upgrading your basement into a multi-purpose rec room. Beware of the more expensive additions, however, as the building costs may far exceed the potential gains.

Not all upgrades pay off in the end.

Structural Systems –
Don’t think of your plumbing and electrical systems as potential price-boosters, as buyers consider these a given and expect that they have been properly maintained.

High-End Finishes –
Stick with the finish spec that is consistent with the neighborhood. Going way beyond the average may limit your ability to recoup the costs.

Uniquely “You” Projects –
Avoid custom renovations that are geared toward your specific tastes or needs. Unless you find an avid musician buyer, that extravagant home music studio isn’t going to add value.

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Filed Under: Tips Tagged With: appraisal, home, increase, real estate, smart, upgrades, value

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About the Agent

Dario Barba
Broker/Realtor
Lic. 01778636
Email: [email protected]
Phone: 619-651-0433
Address:
3450 Bonita Rd. Ste. 206
Chula Vista, CA 91910

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About the Agent

Dario Barba
Broker/Realtor
Lic. 01778636
Email: [email protected]
Phone: 619-651-0433
Address:
3450 Bonita Rd. Ste. 206
Chula Vista, CA 91910

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