Home Improvement Projects

We are at it again. I’ve got the home improvement bug! I am thrilled with our latest adventure; we are getting a new sprinkler system installed this week. We bought our home about 12 years ago and as any home owner knows there is always something that needs to be done. We keep up with the day to day things and have a master list of the big projects and we try to tackle about one project per year.

Checking in on this year’s data from the National Association of REALTORS most home improvements have a nice return on your investment when you decide to sell. The desirability of different remodeling projects varies by region and metropolitan area. In the West, window replacements are highly valued, perhaps due in part to insulation and cooling concerns in desert regions, with nearly 103 percent of costs recouped on sale. Westerners also prefer remodeled kitchens and basements; in this region, for example, a minor midrange kitchen remodel may return 112.3 percent, and a basement remodel is estimated to return 108 percent.

Here are some numbers on the national average according to the National Association of REALTORS:

Midrange bathroom remodels can expect to make money; 102.2 percent,

Major midrange kitchen remodels return 91 percent of the costs to remodel

Add an attic bedroom and get a 93.5 percent return of the cost.

Master suites, however, do not fare as well; an upscale addition, approximately 80.1 percent of the remodeling expense.

That’s encouraging, because I am a home improvement addict. I look forward to doing the next one on our list real soon!

About Lisa Marchant

I enjoy assisting people in finding their new home or investment property. I want to be their trusted advisor when it comes to learning more about the process of buying, selling and relocating to our area. It is my number one goal to provide exceptional service to everyone I work with. Having lived in Deaver and Cowley Wyoming since childhood I am very knowledgeable about the area and enjoy sharing that knowledge with those making Wyoming their new home. I am a full time real estate agent working for Johnson Home and Land. I joined the staff at Johnson Home and Land in March of 2003, beginning as the office secretary and personal assistant. I got my real estate license in February of 2005. I am a member of the Northwest Wyoming Board of REALTORS, Wyoming Association of REALTORS, the National Association of REALTORS, and locally a board member of the Lovell Chamber of Commerce.
This entry was posted in Things To Do and tagged , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s