St Augustine Florida Home Repairs That Increase Home Values

By
Real Estate Agent with Riverside Homes

It feels like spring is in the air here in St Augustine Florida, even though it is just the beginning Remodelof February.  Home Depot is busier than ever with residents starting their Spring projects early this year. Homeowners should estimate the potential change in the value of their real estate versus the cost of specific changes before performing any work. Some upgrades are more advantageous than others in elevating a home’s value. Below is information on St Augustine Florida home repairs that increase home values.

Recommendations on St Augustine Florida Home Repairs That Increase Home Values

Home owners often hope to regain the entire amount of money spent on repairs when they go to sell their property. This is a natural tendency, but unfortunately, it is not supported by what is seen in the marketplace. Different home repairs add different value to a property, and that increased value can vary in different parts of the country. To give you an overview on home repairs that increase home values, below are some national figures.

National Averages for Mid-range Renovations

The figures below are from Remodeling Magazine’s annual Cost vs. Value Report.

IMPROVEMENT

COST

RESALE VALUE

AMOUNT OF COST ACHIEVED

ROOF REPLACEMENT

21,204

12,257

57.8%

GARAGE ADDITION

57,824

33,089

57.2%

BATHROOM ADDITION

40,096

20,455

51%

MAJOR KITCHEN REMODEL

57,494

37,785

65.7%

ENTRY DOOR REPLACEMENT

3,536

1,990

56.3%

Analyzing Home Repairs That Increase Home Values

Another factor contributing to the value of repairs is whether it is a mid-range or up-scale renovation. Kitchen repairs, for example, can be performed on the low end or the high end and each will lead to a different figure. So, not only should you consider the type of repair but also the amount of money to spend. For a broad list of property repairs, a comparison of mid-range versus high-end projects, and detailed current St Augustine Florida home repairs that increase home values, visit www.costversusvalue.com.

Posted by

Marjorie Taylor, REALTOR

Marjorie Taylor, is a licensed Real Estate Broker representing Riverside Homes  and is a Certified Stager with VIP Staging and Home Management.  A community leader, active in the St. Augustine Regional Council, Taylor is past Director and Technology Committee Chairman of the St. Augustine St. Johns County Board of REALTORS.  A Certified Home Stager, she is professionally educated and trained, having earned the designations of CDPE, CRS, CSP, e-PRO, GREEN, GRI, TRC.  View the Model Homes in St. Augustine

Marjorie is passionate about St. Augustine and the needs of her clients. Past recipient of the Entrepreneur of the Year - Women’s Council of REALTORS St. Augustine Regional.

904-591-9121

MTaylor@MyRiversideHome.com

MyRiversideHome.com

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