Posts Tagged ‘home’

Return on home improvements

So perhaps you’ve been thinking of doing some home improvements and curious about the return you’d receive when you sold your home.  Well I’ve put together a list of improvements with the job cost, resale value and the cost % recouped.  This info is taken from the Cost vs. Value Report 2009-10.  For the complete list of cost vs value go to www.costvsvalue.com.

These prices are for the Mountain region and the Denver market in particular.  They are for a midrange job (vs. an upscale job).   So if you are about to take on a minor or major home improvement project have a look at your return and consider if it’s worth the time, money and effort.

                                                 JOB COST          RESALE VALUE         COST RECOUPED

ATTIC BEDROOM:               $46, 239                       $34,902                            75.5% 

BASEMENT REMODEL       $58,743                       $45,170                            76.9%

BATHROOM ADDITION    $36,987                       $21,410                             57.9%

BATHROOM REMODEL     $15,296                        $10,765                            70.4%

DECK ADDITION (COMP)  $15,145                       $10,620                            70.1%

DECK ADDITION (WOOD) $10,608                      $8,395                               79.1%

FAMILY ROOM ADDTN     $78,525                      $53,169                            67.7%

GARAGE ADDITION            $56,141                       $35,192                           62.7%

MAJOR KITCHEN REM       $55,336                      $40,382                           73.0%

MASTER SUITE ADD            $98,595                      $65,628                           66.6%

MINOR KITCHEN REM        $20,805                     $15,944                            76.6%    

ROOFING REPLACE              $17,727                     $12,531                             70.7%

TWO-STORY ADDITION      $150,260                  $105,494                          70.2%

WINDOW REPLACE(VINL) $10,239                     $8,006                               78.2%

WINDOW REPLACE WOOD  $11,156                     $8,888                                79.7% 

Hopefully this gives some insight into the bang for the buck in home improvement projects.  If you need any assistance on any other home value  matters and how it relates to your resale, please feel free to call or email me anytime.  Or if you are in the Denver Metro area and would like a price valuation on your home, give me a ring I’d be happy to do this free of charge.

Kirk A Hartshorn    720-244-5454   RIDE ON!

www.perryandco.com   khartshorn@perryandco.com

With winter comes winterization

Well it’s hard to believe that less than one week ago in Denver, on October 29th, this is what we were living through.  But we as Denverites know that once we get close to Halloween, the snow is on its way.  But here I sit typing this post, my windows open, sitting in a t-shirt and all that snow is but a distant memory.

So let’s look at this as a wake up call to get our home ready for the next snow and perhaps more prolonged periods of cold.  I’ve assembled a list of 9.5, items that are important to address prior to our next cold snap and are free to very cheap, and quite simple and quick to complete.   And yes, most of them, even a caveman can do.

1.  Clean out the gutters and downspouts now that most all of the leaves have fallen from the trees.  All you need is a ladder and some work gloves and perhaps a hand shovel.  If you want to be really thorough, you can run the hose into the gutters to flush the downspouts out.  Be careful on the ladder!

2. Have your sprinklers blown out.  This is one of the only projects you may have to pay someone to do but well worth it come spring when you could find you’ll need to replace a valve that cracked.  The prevention is definitely cheaper than the fix.

3.  Have your furnace inspected by a plumber or HVAC professional, the other project you’ll need to hire someone for. 

4.  Seal older windows with one of those insulation film kits and check outside for places to be caulked.   Heavier (insulated type) drapes also do a nice job of blocking drafts during winter months.

5.  Buy a carbon monoxide detector, especially if you have a gas furnace.  ( *And FYI, it’s a law that these are in place if you are selling your home in Colorado)

6.  Disconnect and drain all exterior garden hoses and insulate the spigot.  This seems to work well  for me:           

7. Seal the bottoms of your doors and windows that lead outside with a rolled up towel or one of these  An inexpensive remedy for keeps those drafts out. 

Product Details

8.  Wrap water pipes in the inside of the home that feed to outdoor water sources.  This could help from pipes bursting.  On really cold nights leave the cabinet doors open under the kitchen sink for extra heat.

9.  Close fireplace flue when fireplace is not in use.  This is a no brainer, but is easily forgotten about after the embers have finally died down and tons of heat escapes through that gaping hole.

9.5  Change your filter monthly. 

Again, these are some basics to getting things winterized around the house that aren’t difficult but can make a difference once the cold days and nights are upon us.

If there are any other suggestions we’d all love to hear them, so please leave a comment.

(*If you need further details on this email me.)

Kirk Hartshorn  720-244-5454    khartshorn@perryandco.com  RIDE ON!

Perry & Co  www.perryandco.com