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How satisfied are homeowners who bought a green-certified home?

Anatomy of a green home

Anatomy of a green home

A recent survey finds that the majority love their homes and would even buy another green home in the future.

According the report from GuildQuality, ‘full report’, a customer surveying company for residential real estate, 94 percent of home owners who purchased a National Green Building Standard (NGBS) certified green home built within the past three years said they would recommend a green home to a friend, and 92 percent said they’d go green again in their next home purchase. Home owners were most satisfied with their low utility bills, energy efficiency, and better insulation, according to the survey.

The report, which was commissioned by the National Association of Home Builders, also found that 71 percent of respondents believe that green homes are, overall, of higher quality, and 90 percent were satisfied knowing they “did the right thing” in buying a green home.

“Historically, studies have focused on interest in green among buyers in the market or on trends as reported by industry professionals,” said Matt Belcher, Co-Chair of NAHB’s Energy & Green Building Subcommittee and a builder from Wildwood, Mo. “While that’s certainly important information for all those in the industry, it doesn’t always get to the heart of what new buyers want to know, which is: ‘How satisfied are green homeowners with their decision?’ This data provides groundbreaking information that can be of value to the general public as well as the industry.”

For more information about buying or selling a Green Home, contact The Mazza Team today.

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Costly Mistakes Before Selling a Home

Costly Mistakes Before Selling a Home

Costly Mistakes Before Selling a Home

Avoid These Costly Mistakes Before Selling a Home

You’ve decided to sell your home. You have advertisements paid for and buyers lined up at your door. You are ready to accept an offer and sell your home today! A piece of cake, right? Not so fast. You could end up losing the sale or even worse, get sued by an angry buyer who misunderstood what was advertised or what was said.

1. Don’t Sell Before You Get Qualified to Buy Your New Home

If you signed a contract to sell your house before you were qualified to buy another, you’re asking for trouble. Here’s why: Your financial circumstances may have changed since your last purchase, and you might not be able to qualify for a loan, or you might not be able to sell at a price that allows you to buy the type of replacement house you want. You could end up renting or buying something that was far from ideal.

Before you decide to sell the house, get pre-approved by a lender you trust and research the housing market in the area where you wish to live so that you have a good idea how much it will take to buy a replacement. Make plans in case you have to move right away.

2. Don’t Guess Your Loan Payoff

Check your mortgage payoff. Call your lender to check the payoff for your current home mortgage. Make sure there are no penalties written in your contract for early payoff. Some lenders have a pre-payment penalty for paying off your loan to soon!

3. Don’t Guess on the Sale Price of Your Home

Determine your home’s fair market value. Real estate agents will usually help you determine value as a courtesy, but you might take it a step further and order a fair market appraisal. Not an appraisal for the purpose of a full loan amount, but an appraisal for the true market value. There is a difference!

Nothing loses potential buyers faster than an overpriced home. Then, when you lower the price it makes it look like you are getting desperate to sell. On the flip side, you don’t want to lose money by selling too cheap. It might get you a fast sale, but you might miss out on several thousand dollars, too. Learn how to price your house for sale the right way.

4. Don’t Underestimate Your Closing Costs to Sell

Don’t forget to calculate the following items:

•Real estate commission, if you use an agency to sell.

•Advertising costs, signs, other fees, if you plan to sell by owner.

•Attorney, closing agent and other professional fees.

•Excise/Gains tax for the sale, if applicable.

•Prorated costs for your share of annual expenses, such as property taxes, home owner association fees, and utilities.

•Any other fees sometimes paid by the seller (appraisals, inspections, buyer’s closing costs, etc.).

Real estate agents deal with transactions every day and can give you a very close estimate of seller closing costs.

5. Don’t Spend Earnest Money Given to You

Don’t assume the earnest money deposit is yours until the deal has closed and recorded. Also give the buyer a receipt. There are many stories about sellers who spent the deposit money prior to closing. When the transactions didn’t take place for valid reasons — such as financing or repair issues — the buyers had to fight or sue for a refund.

Whenever possible, give the money to your broker or a neutral party who will hold the deposit for you until closing day and make sure your contract dictates what happens to the funds if the transaction doesn’t close.

Costly Mistakes Before Selling a Home

6. Don’t Let Your Emotions Take Over

Keep a cool head during the entire selling process, especially during and after a home inspection. Be realistic and assume there will be issues. No home is perfect, especially older homes. It’s not unusual to have to take care of some repairs yourself. Don’t let the buyer’s demand to do a small repair kill the deal.

On the other hand, don’t commit to fixing anything in advance, unless you’re sure you can handle it emotionally and financially. Decide what type of repairs you can realistically tackle, then stick with the decision. Some repairs can get out of hand and end up costing you big money.

7. Don’t Forget to Cancel or Switch Utilities & Insurance

That sounds simple, but you’d be surprised how many people forget to tell utilities they are moving or apply for utility service at their new home. Call the utilities and your insurance company as soon as you have a contract. Find out how many days lead time they need to switch or cancel, then get back with them when you have a firm closing date.

8. Don’t Become Best Friends with the Buyer

It’s great to be friendly, but don’t get into too many long discussions with the buyers, because personality conflicts often cloud judgments.

Remember, this could be their new home. You’re no doubt excited about moving. But buyers will start second guessing–everyone does. A casual statement about “gettin’ out while the gettin’s good” might be enough innocent chatter to kill the deal.

9. Don’t Panic if the Appraisal Comes in Low

At least not at first. There are some things you (and your agent) can do to correct the problem. Study your options.

10. Don’t Go It Alone

Selling a home can be one of the most stressful things in your life. Answering calls, setting appointments, cleaning house, boxing up memories can be overwhelming for most. If you’re working with an agent, it’s the agent’s duty to track many of the day-to-day details that involve the buyers and taking phone calls. The paperwork required in a sale alone is enough to drive anyone over the edge.

11. Don’t Ignore Inspection Requirements

Know what is expected of you and take care of it. For instance, a buyer getting an FHA loan will have an FHA inspector who may require some repairs to process the loan. That’s something you may have to handle yourself if the buyer can’t manage it. Answer inspector questions and provide required paperwork as quickly as possible–selling your home depends on it.

12. Don’t Go to Closing Unprepared

Do not go to closing without your “HUD Estimate” which is provided by your title company. It will outline your costs and will give you a good idea of how much money you will be getting or will need to bring at closing. Also, make certain you speak with your agent and/or title officer to get a more exact figure and to make sure no surprises have risen.  Its always a good idea to choose your own title company, and get some quotes since title insurance is a large part of closing costs.

Costly Mistakes Before Selling a Home

13. Don’t Write an Offer For the Buyer

With the exception of YOUR Agent, do not write an offer for the buyer. The buyer should write the offer themselves or with the help of their agent. Hire your own agent whenever possible to protect your interests. Remember, a listing agent WORKS FOR YOU. So avoid letting your listing agent act as a limited broker who will become neutral to both sides.

14. Don’t Show Your Home Unprepared

Get everything ready in advance, especially “eye-sores” or any repairs that may scare buyers away. Get rid of any water leaks, stains, broken windows/doors, bad smells, etc. You don’t want to lose a potential buyer. I’ve often sold a home to the first buyer on the first day!

15. Don’t Follow Buyers Around When Showing

Whenever possible, don’t be home when showing. If you’re listing with a real estate agent, they’ll often ask you to leave when the house is shown. Why? Because lurking sellers make buyers nervous–they don’t feel comfortable inspecting the house when they feel they are intruding. It’s easier for buyers to visualize the home being theirs when they have a chance to critique and discuss the home among themselves. If you must be home, try to stay out of the way and answer questions only if asked.

Unless there’s a real reason for it, don’t ask your agent to be present for all showings either. That’s the kiss of death for showing activity. Other agents want privacy with their buyers and they don’t usually have time to work around your agent’s schedule.

16. Don’t Waste Your Time With Non-Qualified Buyers

Nothing wastes time worse than showing your home to someone who can’t even buy it! I had a friend who spent two weeks preparing his home for a co-worker who wanted to buy his home. He spent over $1,000 removing a storage shed and met with the guy 2-3 more times discussing the price only to find out 3 weeks later that he could not qualify for a loan!

Address & Phone
Sid Mazza
Palmerhouse Properties
5755 North Point Pkwy
Alpharetta, GA 30022
770-891-1444
Map Location
Contact By Email
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Next-Gen House Hunting Tips for Singles

House Hunting Tips for Singles

The American household has changed — big time. People are getting married later in life, if at all, and many even go from married to single and back multiple times. This translates into an unprecedented number of single home-buyers.

If you’re one of the many house hunters planning on buying solo, check out these must-see tips.

If you’re embarking upon the process of buying a home on your own, here are a few things to factor into your thought process and your action plan:

1. Solo doesn’t necessarily mean condo.

A decade or two ago, many single house hunters were automatically directed toward low-maintenance condos and town-homes. And truthfully, some singles still enjoy the tax and financial advantages of ownership without the responsibilities of caring for lawns, roofs and other so-called “single family home” features they have no use for.

That said, the descriptor of a detached, standalone property as a “single family home” is woefully out of date. Many single people are electing to purchase detached homes for a number of reasons. Chief among them include:

•Needing the square footage to allow their household to expand to include future partners, future children, adult children, or even elderly parents

•Needing extra rooms (or even extra apartments!) to rent out, do hobbies in or run a home business from, and

•Having the outdoor space for dogs, cats, horses and vegetable gardens! If you are dreaming of a life in more of a home than your friends and family members think you can handle and you can well afford the home of your dreams, don’t be daunted.

Reach out to other people in your circle of friends who are single and own either single family homes or condos and town-homes to get a sense for their experience.

If you decide to go with a condo, make sure you read the HOA disclosures thoroughly and that you understand what you’re getting for your HOA dollars. (Hint: HOA dues often cover expenses you would pay out of pocket otherwise, like waste management fees, landscaping, building insurance and even roof and window maintenance.) But if you do decide to go the single family home route, make sure you ask your circle (and your agent) for referrals to the contractors, gardeners and handyfolk who can make home maintenance on your own much more doable. It takes a village to maintain a home over the long run. So get a village!

2. Pay extra close attention to home inspections and home warranty provisions.

Much of what’s scary about solo home ownership are the seeming risks around things that could go wrong. The most common such fear is a valid one:

What happens if something goes wrong with the house? With just one income, it can be frightening to think of how rapidly a lemon of a house could rock your entire financial world. There are a couple of tools you can build into your transaction that can massively mitigate just this risk.

First, your home inspections. Most people think of home inspections as almost pass-fail: if they reveal devastatingly expensive issues, they back out of the deal. But if they don’t surface any fatal flaws, the deal is on.

Single home buyers should view their home inspections as the opportunity to spend a few more hours in the home, discovering its warts and all, before they move forward with the deal. Take special care to attend your inspections in person, ask the inspector to show you the issues they find while they’re on site.

Read the reports and get any follow-up inspections or repair bids before your contingency period runs out. That way, you’ll have a concrete idea of the financial exposure to repairs that are needed right now while you can still either (a) negotiate to get the seller to chip in or (b) back out of the deal without penalty, if you need to.

The second tool is a largely underrated one: your home warranty plan. Most buyers get one, and often sellers pay for it. But what many buyers don’t realize is that (a) they can pay to upgrade the plan so that the warranty company will cover a wide assortment of future home repairs, and (b) they can and should renew their home warranty plan annually, in the future. Having the ability to ring up the home warranty company and spend $50 for a service call when your water heater, furnace, or plumbing goes on the fritz can dramatically reduce the fear factor of solo home ownership.

3. Consult with legal and financial pros before you buy with a relative, friend or partner.

Buying a home with a friend, a parent, a sibling or even a life partner can seem like the cure for what ails a single person’s home buying situation. Namely, it injects additional financial resources, allows you to buy a pricier (read: larger, nicer, better located) property than you could on your own, and even positions you to have help making hard house hunt decisions and maintaining the place going forward.

Co-buying has big benefits, but it also poses some serious questions – questions that a lawyer, tax adviser or financial planner can help you anticipate and resolve, in advance, to avoid conflicts later. If you decide to go the co-buying route, make the investment of time and money up front to get some professional advice about how to structure the transaction and the financial relationship. Doing so, and reducing the agreement to a clear, professionally-drafted written contract that is recognized by and filed on record with the relevant state and local governments can go a very long way toward helping you avoid later damage to the interpersonal relationship with your co-buyer.

BUYERS: Did your status as single or married factor into your house hunting decisions? If so, how? If not, why? For more information about this contact us here.

Address & Phone
Sid Mazza
Palmerhouse Properties
5755 North Point Pkwy
Alpharetta, GA 30022
770-891-1444
Map Location
Contact By Email

Sid Mazza’s Bio

Born Ceasar Bernard Mazza in New York, my communication skills began at an early age. With an Italian family of 6 sisters and 2 older brothers, pasta was the favorite dish 3 times a week, but we didn’t mind.

In New York state I was always amazed at the different architectural styling of homes. When driving by during our Sunday outings with the family, my sisters would always yell out how they liked this one and that one referring to mostly tudor homes in and around the area of Suffern, Tuxedo, Spring Valley and other towns. Little did I know that someday these different style homes would be a large part of my trade as a real estate agent  in later years.

After studying architecture and realizing the different structures, elevations and sizes available to us all inspired my interest in personnel habitat. Keeping track of building and land cost through the years has helped me these days determine real values of my clients homes they need to sell or want to buy.

As it was, my real estate career would wait until my 10 year exposure to restaurant management was brought to an end as soon as my family started to blossom. After working for two of the finest companies in the states, Howard Johnson’s and Tony Roma’s who taught me how kitchens work and their importance associated with the residential home.

It wasn’t until 1985 that I achieved my real estate license here in Georgia that I was to incorporate my school’s life and desire to help with my real estate trade.

Now, feeling right at home selling homes from 800 square feet to 10,000 square feet, all must have some kind of the same functionality worked into each. A kitchen should be setup to easily accommodate day in and day out smooth operations. Dining rooms should be close to the kitchen but may also have a butler’s pantry to ease in the foods transition.

My past experience with restaurant management has also taught me that people love cleanliness, incorporating this in presenting our clients homes for sale has achieved a great deal of success.

Marketing homes, estates, horse farms or any real estate has been a great way of showing off one’s finest features in any property. To me, taking advantage of all of the latest technologies is what I put forth with our clients listings. Example 1537_Aiken_Chafin_Ln_PremierGA.com-2

Now with hundreds of homes, horse farms, estates and homes on acreage sold behind me, I can offer this expertise to you, whether you’re buying, selling or both, either way it’s something I enjoy which translates into a transaction you will benefit from.

For new homes there is Nicole Mazza Campbell,  Associate Broker, KnMazza@Gmail.com 404-519-0734

Top Real Estate Agents.

Kathryn Nicole Mazza Campbell, licensed sales associate 2004. Specialties include. Investment properties, Flips, showing appointments, staging, finalizing contracts, attending closings. 404-519-0734 KnMazza@Gmail.com

Intown Atlanta Properties there’s James Mazza, Bachelor’s degree in Marketing, James@ATLHome.com 770-633-9520

Top Real Estate Agents.

James Mazza, Bachelors Marketing Kennesaw State University, Licensed since 2009, In town properties. James@ATLHome.com 770-633-9520

 

 

 

 

 

Countertop pros & cons: What to choose & why?

Wondering how to choose a countertop for your kitchen?

With so much to pick from, it can be challenging – especially with changing trends and so many options that are at similar price points. This pro and con list should help.

Quartz

Quartz is the most popular choice in countertops today because of its easy maintenance and seemingly unending array of looks, from sleek and modern to options that mimic the appearance of exotic stone and classic marble.

Pros: It won’t stain, so go ahead and drink that red wine. Let your kids have at it with the markers and paint. Go crazy and chop those veggies right on the surface since it’s pretty hard to scratch. Quartz also requires no sealing, unlike granite and other countertop materials.

Cons: High-end quartz can be pricier than real stone like granite, and while it’s much easier to care for, it’s not indestructible. Hot pots should still be placed on a trivet to avoid burning the surface.

Granite

While granite has been replaced by quartz as the countertop of choice today, it remains a popular option for homeowners.

Pros: The natural stone comes in a variety of colors and styles, and individual patterns and markings give each slab a unique look. “Granite has a rich beauty that few other countertop materials can match,” said Countertop Guides. “It is a natural product with a timeless aura and appeal.” Granite is also stain- and scratch-resistant, if properly sealed.

Cons: It’s that “properly sealed” part that can make people shy away from granite. Improper maintenance can leave you with a stained, scratched counter. And don’t place a hot pot directly on it or you run the risk of it an ugly burn.

Marble

It’s gorgeous, it’s classic, and it’s showcased all over TV in high-end, remodeled kitchens. But marble has a downside that makes it hard to love for many people: the care involved.

Pros: “Is there anything that looks and feels more glamorous than a marble countertop?,” asks Houzz. “Nothing beats marble for sheer elegance. It stands up to heat well, and because it remains perennially cool, it’s a traditional choice for pastry and baking stations.”

Cons: It’s going to stain, no matter how hard you try to keep it clean, and even if you seal it responsibly. It’s also a softer material, which makes it more likely to scratch and chip.

Stainless Steel

Stainless steel countertops are most commonly found in commercial kitchens but have become more popular as home kitchens have transformed into chef-worthy spaces.

Pros: “Professional chefs love stainless steel because it’s non-staining, heat-resistant and easy to clean,” said Houzz. “While it certainly makes fingerprints and scratches stand out, it’s a great choice for hardworking kitchens that don’t need a perfect look.” It can also be more affordable than stone.

Cons: About those fingerprints…that’s a deterrent for many people. If you can’t stand little marks on your stainless steel fridge, you probably won’t enjoy them on your counters, either. Stainless steel can also look a little cold, and may not be embraced by the masses – something to think about for when it’s time to sell your home.

Concrete

Concrete countertops have gained in popularity over the past few years as industrial looks have become more trendy, and are also a favorite of HGTV personality Joanna Gaines, one of today’s most influential tastemakers.

Pros: Because concrete is poured and not quarried, it can look like almost anything you want, with custom shapes, sizes, and colors. It’s also durable, “and both scratch and heat resistant,” said Angie’s List. “Because each countertop is individually handmade, there are endless ways to customize them.”

Cons: Concrete is porous, shows errors and imperfections, and can easily stain. Some people like that because the changes over time are organic; those who want their countertop looking pristine may want to opt for a product other than concrete. Even with diligent sealing, it’ll never be “perfect.”

Another consideration for people looking to use concrete on their counters is how, or rather, where, it is poured. “Concrete countertops that are poured in place (not precast) may develop a hairline crack,” said Angie’s List. “The cracks aren’t necessarily the result of poor workmanship, rather perhaps a new house settling or tension caused by a faucet screwed in too tightly. Hairline cracks can be tricky to fix – ironically the larger the crack, the easier it is to fill and repair – so you might chalk up any such flaw to being a part of concrete’s natural patina.” Written by Jaymi Naciri

For All Your Real Estate Needs Sid & Kathryn Mazza

The Mazza Team

PalmerHouse Properties 

www.TheMazzaTeam.com

404-519-0734 Kathryn

770-891-1444 Sid

Experienced for your benefit – Since 1985

Real Estate Listings

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5
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#5923875
4
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2 | 1
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3,157
SqFt
(40)
 
 
#5923738
Information Deemed Reliable But Not Guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please please click here to review our DMCA policy and learn how to submit a takedown request. © 2017 First Multiple Listing Service, Inc.
FMLS data last updated at October 21, 2017 8:24 PM ET

 

 

Refer A Friend

Welcome!

We need your help because referrals are the lifeblood of our business. Only through your assistance can we keep building our business and consistently provide the level of service that our clients have come to expect. We sincerely hope that you will tell your friends, family, neighbors, and co-workers about our services.

In addition, for your support, when you refer a client and we have an executed contract with them, we will reduce our commission to 5.5% when you are ready to sell your property. IMPORTANT: If you are unable to take advantage of this offer, we will honor this credit for a friend, family member, or anyone else that you know who can benefit from the savings.

If you know someone who is thinking of buying or selling a home, please fill out this form below

Real Estate Referral

Refer a friend

to Refer a Friend.

Thank you!

P.S. Check out our latest marketing tool below.

One of our finest marketing techniques

 

 

 

 

 

 

Executive Horse Farms

Horse Farm Specialist

Horse Farm Specialist

An executive horse farm is an extremely small or non-operative farm.They are generally small acreage that are not used to produce large amounts of food, grain, or livestock for major markets. Executive horse farms are also used as hobby farms, for horse rearing, or as bed and breakfast establishments. The executive farmer has an independent source of income and farms for pleasure rather than for money.

Executive Horse Farms For Sale…Click

Executive horse farms

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The Mazza Team, Horse Farm Specialists. PalmerHouse Properties . is a showcased Alpharetta, GA equestrian real estate agent on NewHorse.com!

 

Homes for sale in North Georgia

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Information Deemed Reliable But Not Guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please please click here to review our DMCA policy and learn how to submit a takedown request. © 2017 First Multiple Listing Service, Inc.
FMLS data last updated at October 21, 2017 8:24 PM ET

Homes for sale in North Georgia | North Georgia Real Estate

124 Mountain homes in Georgia from $104,900 to $150,000

Homes for sale in North Georgia | North Georgia Real Estate

It’s no wonder why 100’s of retirees, business executives, baby boomers, and country loving folks, come up here to live every year, and why Georgia is the number #1 place to live in the U.S.
Homes for sale in North Georgia | North Georgia Real Estate
Homes for sale in North Georgia | North Georgia Real Estate

 

The Georgia Mountains Region or North Georgia mountains or Northeast Georgia is an area that starts in the northeast corner of Georgia, United States, and spreads in a westerly direction.

The mountains in this region are in the Blue Ridge mountain chain that ends in Georgia.

At over 1 billion years of age, the Blue Ridge mountains are among the oldest mountains in the United States and sometimes mistaken to be the oldest mountains in the world (they are only about one third of the age of South Africa’s 3.6 billion year old Barberton greenstone belt.).

The mountains in this region are also a part of the vast system of North American mountains known as the Appalachian Mountains that spans most of the United States longitudinally along the eastern areas of the nation and terminates in Alabama.

The region is known for its ruggedness and scenic beauty. The Cherokee who lived in these mountains called them – “The Great Blue Hills of God.” Large portions of the North Georgia mountains are included in the more than 750,000 acres (3,000 km2) that comprises the Chattahoochee National Forest.

Home Renovations To Invest In And Avoid In 2016

1cottaroofAtl

 

 

 

Home Renovations To Invest In And Avoid In 2016.

Conventional wisdom tells us that any home renovation is a positive thing: money in is money out. Unfortunately, that’s not always the case. Some remodelling projects are a better investment than others, and the projects that yield the best return on investment can change from year to year. According to Remodelling Magazine’s 2016 Cost vs. Value Report, these five replacement projects will make the greatest percentage impact on the value of your home this year — accounting for cost-to-value ratio, the key to making smart home improvements with resale in mind.

1. Roofing Replacement

Roof replacement gives you the biggest bang for your buck in 2016, rising 5.9% over 2014 values at an average cost of $7,740. Roof replacement includes removing the existing roof and installing new shingles with underlayment, flashing, galvanized drip edges and trim.

2. Garage Door Replacement

A well-chosen garage door can make a powerful statement and add a beautiful accent to your home. Garage doors come in four basic types: swing-up, roll-up, swing-out or side-sliding. The cost to install a new garage door will vary depending on style and material, but average around $1,150. This cost generally includes the new door, galvanized steel tracks, rollers or hinges, and removal and disposal of the existing door and tracks.

3. Steel Entry Door Replacement

You can add elegance and security to your home by replacing your old entry door with a steel door. Not only is this the least expensive of 2015’s cost-to-value projects at an average of $923, but it also has the highest resale rating. This project includes the new door unit, jambs and threshold with composite stop. This also presents a great opportunity to choose a new lockset if you can’t reuse your existing one.

4. Vinyl Siding Replacement

While vinyl siding replacement is among the more expensive home renovations, it’s also the very definition of curb appeal. New siding and trim can transform the look and vitality of your home, increase resale value, and improve weatherproofing and energy efficiency. You can expect siding installation to cost between $5,600 and $8,000, depending on your location.

5. Fiberglass Entry Door Replacement

Fiberglass and steel offer superior strength and durability compared to their wooden counterparts. The cost-to-value ratio of replacing an entry door with a fiberglass door boasts an increase of 72% over 2014. The replacement process involves removing the existing door and jambs and mounting the new door unit and jambs along with exterior trim.

Projects to Avoid in 2016

2015 was the year of the major renovation; ironically, many of those projects are now at the top of the opt-out list for 2016. Opt-out projects for 2016 include:

Installing a Back-Up Generator: Last year’s biggest cost-to-value hero dropped like a stone in 2015. This one was hot after Hurricane Sandy but soon lost momentum.

Adding a Second Story: This big ticket renovation slowed in terms of investment by the end of 2015 — the result of an 11% drop in its cost-to-value ratio

Home Office Remodel: The lowest reported return on your investment (reportedly 47.5%) is in converting a room into a home office. Potential buyers will be grateful not to have to pull out shelves or commercial grade carpeting when making your home their own.

Sunroom Addition: A potential buyer might see your sunroom as a heat siphon, maintenance nightmare or privacy concern. Like a backyard pool, a sunroom is a true matter of preference — and as an investment, it doesn’t even reach 50% on the cost-to-value rating.

Conclusion

All of these projects are worthy given the right home and the right conditions. Always make sure you’re using licensed, bonded and insured contractors for any projects you don’t want to take on yourself. Hiring a pro with a proven track record will more than pay off in the long run.

For top buyer and seller representation contact The Mazza Team below.

 

Written by Andrea Davis