Many people are wondering where their money will be safest during these uncertain economic times. What a recent report conducted by the National Association of Realtors has shown are that some things never change: Investing in their home still pays off.
Today's buyers have much more to choose from in the way of inventory, any home for sale must make a positive first impression. This year's Cost vs. Value report underscore the importance of curb appeal in the buyer's eye.
Once again, exterior remodeling projects lead the way for recovery on dollars spent in this year's Cost vs. Value survey. When you compare the national averages, replacement projects that boost curb appeal such as siding, windows, and decks, give you the greatest chance of recouping your money. Inside, only kitchen remodels can compare, at least on a national level.
According to the 2008 survey the top ten projects were:
1. Upscale fiber cement siding (86.7%)
2. Midrange wood deck (81.8%)
3. Midrange vinyl siding (80.7%)
4. Upscale foam-backed vinyl (80.4%)
5. Midrange minor kitchen remodel (79.5%)
6. Upscale vinyl window replacement (79.2%)
7. Midrange wood window replacement (77.7%)
8. Midrange vinyl window replacement (77.2%)
9. Upscale wood window replacement (76.5%
10. Midrange major kitchen remodel (76.0%)
Also, don't forget about landscaping. Landscaping puts the finishing touch on any property for minimal investment and boosts the curb appeal of properties in any price range.
If you would like to receive a 10% discount coupon from Lowes just email: Joan@roglianorealestategroup.com and one will be mailed to you at no charge. The discount is good on purchases of anything from landscaping to lumber up to $10,000 which adds up to a big savings as you consider those home improvement projects.
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