When discussing repairs and updates with clients, I find it useful to be able to tell them whether or not the expected return on investment makes sense. I am able to do this by employing the Cost Vs. Value report available at www.costvsvalue.com.
In essence, this report gives expected returns for many repairs and upgrades you might do to a home. For instance, I just had my deck rebuilt on my home and added black aluminum balusters and low voltage lighting. While the report says I probably paid too much, and I would agree, it also says the expected return on this investment is around 81%. Good to know.
I know that this newly rebuilt and updated deck does add value to my home, but I would not have had a clue about a starting point without this report. While you may disagree about some of the numbers in the report, at least it gives you a starting point when discussing needed repairs and upgrades with clients.
If you are looking to market your home this Spring and are not sure where to start, give den Boer homes a call. We can help.