Replace don’t remodel

Updating a bathroom?!

Replace don’t remodel

Thinking about sprucing up your house before you sell?

Here’s how to get the most bang for your buck. 

Forget about remodeling your kitchen or bathroom, a new front door or the addition of manufactured stone-veneer siding have much higher returns on investment, according to Remodeling magazine’s 2016 Cost vs. Value report.

The survey showed that the average ROI nationwide for 27 projects included in this year’s report was 64.4% up from 62% in 2015.  So, for every $100 spent, you will recoup an average $64.40.

Costs and values vary by region based on the job and housing markets.  For example, in San Francisco, where housing is in short supply, the ROI was more than 100% for every project.

In Los Angeles and Orange counties, manufactured stone veneer siding and upscale garage door replacement showed the highest ROI of 127.5% and 114.6% respectively. They were followed by attic insulation at 113.6%, midrange, entry-door replacement at 111.4% and minor kitchen remodel at 108%.

Keep it sleek! 

Projects in the region with the worst ROI were, from the bottom up: deck addition, 59.2%; upscale bathroom addition, 65.9%; midrange bathroom addition,66.5%; backup power generator, 69.4%, and upscale bathroom remodel, 70.4%

Many of the highest-scoring projects were on the home’s exterior reinforcing the value of projects that promote curb appeal.

For the complete report go to www.costvsvalue.com. 

Thinking about selling give us a call today at 909-227-4196 and we will put together a private no fee consultation sellers presentation and comprehensive market analysis! Or make an internet inquiry at www.LoriAlvarez.net

Be blessed & bless someone else! 

Your Family is #1 to us, which is why our family team continues to be the #1 team in KW Glendora 

About  – Lori Alvarez is the CEO of Lori Alvarez & Team, kw Realty, Glendora who has been building her family legacy since February 2007. Where by the blessings and graces of God she has taken her team to be #1 TOP AGENT in Listing and / or Sales Agent for 2011/2012/2013/2014/2015 in her Glendora office. She uses the MREA (Millionaire Real Estate Agent) models as an operations manual, many other amazing mentors, and her faith in God! Lori Alvarez can be reached by e-mail at Lori@Lorialvarez.net OR friend me on facebook OR Tweets available on Twitter! However my favorite is by phone at 909-227-4196! Rock with us on Youtube - click here!  To check out Lori's Listings click here!  How can we help you make your next real estate move? 

'For I know the plans I have for you,' declares the LORD, 'plans to prosper you and not to harm you, plans to give you hope and a future. Jeremiah 29:11

written by Elaine Regus ( Lori Alvarez can put you in touch with her!)