10 AFFORDABLE REMODELING PROJECTS

January 27, 2010 on 12:17 am | In Fascinating Information, Home info, Uncategorized, all, good advice |

IDEAS TO SPRUCE UP A PROPERTY AND ALLOW FOR A QUICK SALE

Edited by Jodi Summers

Judicious home remodeling is still worth the investment, according to Remodeling magazine’s annual “Cost vs. Value Report.” They suggest these 10 big-impacts, low-cost remodeling projects -

1. Tidy up kitchen cabinets.

Advice: Add rollout organizing trays so when buyers peek in, they feel like there’s lots of room for their stuff.

2. Add or replace tile.

Advice: By retiling very inexpensively, you make a room look way cleaner that it was. Go to a discount tile store, buy $1 to $2 tiles and replace a dated backsplash or upgrade bathrooms.

3. Add a breakfast bar.

Advice: When a wall separates a kitchen from a family room, cut out an opening to create a breakfast bar.

4. Install granite tile instead of a slab.

Home owners can put in 12-inch granite tiles for about $300 in materials and get very high impact for little money.

5. Freshen up a bathroom without retiling.

Put in a new medicine cabinet for $100 to $150, light fixtures for about $100, a faucet for $50 to $75, and a vanity for $200 to $300. Put in a glass shower door. A French door adds a lot of panache and elegance for $250, and people will notice the door.

6. Freshen up the basement.

If home owners have cement block or poured concrete walls in the basement, suggest they have a contractor fill in cracks with hydraulic cement and then paint with waterproofing paint.

7. Add a room.

Look for large spaces that can be enclosed to create a new bedroom for just the price of creating a wall.

8. Spruce up cabinet fronts.

Update tired kitchen cabinets. Reconditioning is the least expensive move for under $1,000. Take out the nicks and scratches, recondition it with oil, and put new hardware on.

9. Replace light fixtures.

Replace overhead light fixtures in a foyer and in bathrooms and kitchens - this provides a lot of pop for a little money.

10. Tech-up the garage.

Replace the garage door opener with a remote touchpad entry system. The cost is about $425, but looks like a high-end system.

**

http://www.realtor.org/rmohome_and_design/Articles/1001_costvsvalue_2009

http://img.alibaba.com/photo/208919614/Integrated_kitchen_cabinet_KC_030.jpg

http://freshome.com/2008/03/19/bathroom-vanities/

http://www.strawsticksandbricks.com/images/categories/multi%20pic.jpg

http://www.homesecurityinformation.com/ideas/wp-content/uploads/2009/03/garage-door-keypad-lock.jpg

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  1. The average listing price for Santa Monica homes for sale on Trulia was $999,086 for the week ending Feb 10, which represents a decline of 6.5%, or $69,410, compared to the prior week and a decline of 21.3%, or $270,511, compared to the week ending Jan 20. Average price per square foot for Santa Monica CA was $607, a decrease of 15.6% compared to the same period last year.

    Comment by Trulia — February 18, 2010 #

  2. The article, “Risk of LEED Decertification Looms Large for Real Estate,” stated that “… a little known provision in LEED 2009, which allows LEED certifications to be challenged and removed at any time after they have been certified, presents a threat to all existing and future LEED 2009-certified projects.”

    “The idea that there is this new thing call decertification is inaccurate,” says Scot Horst, USGBC’s senior vice president for LEED. “The way LEED works is we have a rating system; you send us information about your project, and we certify to that. But let’s say that there was someone out there who lied about the prerequisite information or unintentionally provided inaccurate information. We have always had a policy to go back and say this wasn’t what it was represented to be. That is nothing new.”

    Potential ramifications of not meeting LEED’s prerequisites include losing a credit and potentially dropping to a lower LEED certification level. The only way you would ever lose a certification that you’ve already been awarded is if you didn’t meet the prerequisites of the system; USGBC currently does not evaluate or monitor the ongoing operations of a building, Horst adds.

    Comment by MULTIFAMILY EXECUTIVE 2010 — February 18, 2010 #

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