A home's curb appeal

By
Real Estate Agent with Kilauea Real Estate Company

A home's curb appeal is at the top of most profitable remodeling projects, according to a report out this week that details remodeling costs versus value. Every penny counts for homeowners and home sellers in a slumping housing market and those looking to remodel will consider the return on value of specific projects. The most profitable project on the national level was upscale siding replacement, recouping 88 percent of costs upon resale. Wood deck additions and wood window replacements also returned more than 80 percent of costs, at 85 percent and 81 percent, respectively. On a national average, the only interior project to return more than 80 percent of remodeling costs this year was a minor kitchen remodel, returning 83 percent of project costs at resale. This would be a good place to start on those listing that just get the drive- by.

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Comments (5)

Carol Culkin
Diamond Partners Inc - Overland Park, KS
Overland Park Residential Real Estate
I agree. Let's not forget how curb appeals generates activity too. A home's curb appeal is what also drives buyer's to the door.
Dec 04, 2007 09:31 AM
Find a Notary Public needAnotary
QEC Internet Services - Long Beach, CA

I second that report.  It you expect to get the best price it must look well from the gutters!

Real Estate 102 is the clourse for complete details on Curb Appeal.

Dec 04, 2007 09:31 AM
douglas moore
Alain Pinel Realtors - Walnut Creek, CA
It seems like bathroom upgrades to counters and floors has also been high on the recovery list.  I recently saw a landscape piece that suggested that moderate landscaping can provide a full 100% return-- but maybe it was put out by the landscaping contractors of america-- i guess we all need to carefully check those sources--
Dec 04, 2007 09:36 AM
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida
Small exterior changes certainly can make the experience much more welcoming.  When you've lived in your home many years some things like a simple hedge trim get overlooked.
Dec 04, 2007 10:01 AM
Patricia Aulson
BERKSHIRE HATHAWAY HOME SERVICES Verani Realty NH Real Estate - Exeter, NH
Realtor - Portsmouth NH Homes-Hampton NH Homes

Bathrooms, kitchens, curb appeal is great too, do some nice landscaping .  All of this will get you your return when you sell.

 

Patricia Aulson/Hampton NH Real Estate   www.patricia4realestate.com 

Dec 04, 2007 10:02 AM