InforGraph ~ What Renovations Have Best Returns.

By
Real Estate Broker/Owner with DMK Real Estate Ct RE Broker 0789963

 InforGraph ~ What Renovations Have Best Returns.

 Here is an easy to read Inforgraph on what renovations have the best resale value. Another great source is the Remodeling Magazine 2013 Cost vs. Value report that shows the national average of cost-value ratio of different projects in different regions of the USA.

 

The national data of the Cost vs. Value report compares the average cost of 35 popular remodeling projects with the value of those projects retain at sale. You can view national data for the projects or go to regional data for a more detailed look as well as mid-range vs. high-range remodel values.

 

 

Renovations with the Best Resale Value
Source: eLocal.com

 

David Popoff is a certified “Green” Realtor in lower Fairfield County, Connecticut.

cell 203-228-0646

email DavidPopoffCT@hotmail.com

 

 

DMK Property Management llc is locally owned company serving lower Fairfield County, Connecticut.

 

Specializing in Residential Property Management that can custom tailor a program to fit the homeowners needs be it short term or long term from rental management to full estate management.

 

Posted by

David Popoff
Connecticut Licensed Real Estate Broker
Realtor® Green
Seller Representative Specialist
Accredited Buyer Representative
candidate
LEED AP Homes

 

DMK Real Estate, Darien, CT.
Cell (203) 228-0646
DMKrealestate.com

 

 

 

DMK Realty, 06820 

 

 

 

 

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Topic:
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Location:
Connecticut Fairfield County Darien Downtown
Groups:
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Appraisers
Inspiration !!
Connecticut Professionals
Investment Property (USA)
Tags:
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Ambassador
785,545
Lynn B. Friedman
Atlanta Homes ODAT Realty Call/Text 404-939-2727 Buckhead - Midtown - Westside -- and more ... - Atlanta, GA
Concierge Service for Our Atlanta Sellers & Buyers

Dear David -

Thanks for the interesting infographic.
What return on my remodel investment is a question we all hear frequently!

Have a happy day -
Lynn

Jun 13, 2013 12:01 AM #1
Rainmaker
976,085
Will Nesbitt
Nesbitt Realty at Condo Alexandria - Alexandria, VA
Nesbitt Realty is a family-run brokerage.

Contact David Popoff for all your Darien CT real estate needs (203) 228-0646. Keep up the good work!

Jun 13, 2013 12:20 AM #2
Rainmaker
2,044,283
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

That is an outstanding report. So many folks spend money on stuff that will never really benefit the sale of the property.

Jun 13, 2013 05:26 AM #3
Ambassador
2,209,181
Liz and Bill Spear
RE/MAX Elite 513.520.5305 www.LizTour.com - Mason, OH
RE/MAX Elite Warren County OH (Cincinnati/Dayton)

David, always interesting to see the return on these renovations.  And sometimes the regional differencs for the same projecs.

Jun 13, 2013 04:01 PM #4
Rainer
1,756,848
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi David.  As an appraiser I would disagree with the rate of return on some of these projects.  In my location vinyl siding adds no additional value.

Jun 13, 2013 08:46 PM #5
Rainmaker
753,064
David Popoff
DMK Real Estate - Darien, CT
Realtor®,SRS, Green ~ Fairfield County, Ct

Returns on improvement should always be discussed with your local professional experience real estate agent, different regions have different returns, this is just an average but good to have a reference, thanks all for the comments 

 

:-)

 

Jun 14, 2013 02:56 AM #6
Rainmaker
468,063
Lisa Friedman
Great American Dream Realty - Essex, VT
27 Years of Real Estate Experience!

David, this was a very interesting InfoGraph, although I chuckle because a basement remodel in your area is about one third the price of a starter home here.

Jun 16, 2013 03:41 PM #7
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David Popoff

Realtor®,SRS, Green ~ Fairfield County, Ct
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