According to a survey conducted by RE/MAX the majority of homeowners would rather remodel than relocate. Most homeowners say their primary reason for renovating is their genuine love for their home, but the desire to enhance future resale value runs a close second. Many homeowners are smart and understand that it is a buyers market out there. That means, great news if you need a house but not so great news if you have one to sell. So, many are opting to “stay put” and make a few home improvement investments.
Let’s talk about a few smart ones that will definitely increase your resale value and ultimately, help sell your home, one day! First up, kitchens and bathrooms are big! If you have problems in these important rooms, fix them! They are definitely up there when it comes to buyer turn offs. New energy efficient vinyl siding and new windows will also go extremely far with buyers. Plus, you will recoup a great deal of your investment back.
Another area that can really turn buyers off and kill a sale is a bad roof. Whether you are buying or selling a home, a good roof can help you and a bad roof can hurt you. A great kitchen is important but basics such as the foundation and roof need to also be in tip top shape. If you have loose shingles or other problems you need to make the investment and fix your roof. Keep in mind that while a traditional asphalt roof will last you an average of 10-15 years, a metal roof is probably the last roof you’ll ever need! More and more homeowners are going this route because they like the fact that they won’t have to worry about their roof no matter how crazy the weather is. Erie Construction of Evansville, Indiana is a trusted leader in the industry and can show you why metal roofing is becoming the new “go to” roof for homeowners and business owners!
It’s always a good idea to keep your home in tip top shape because you never know when you may have to sell. Local home inspectors say it’s a good idea to start with your deck. First off, inspect it. Start by cleaning the surface with soapy water and a soft-bristled brush. Then check for splinters and popped nails; break off splinters, sand sharp edges, hammer nails, and tighten screws. Finally, check the structure for rotten boards, broken railings, and wobbly steps. If you discover extensive damage to the deck, consider a replacement.
Next up, give your front door a makeover. A fresh coat can transform your home’s facade for the cost of a quart of paint. Choose a color that’s appropriate to the architecture. Traditional homes calls for historically correct hues, say a red or black door on a white Colonial-style home. For a Federal-style brick building, earth tones, including brown and green, are the best complement, or you can pick up the neutral hue of the mortar.
Now let’s talk about your roof. Button up the envelope. A leaky roof allows water to penetrate inside, where it can ruin insulation and drywall, and create opportunity for mold. On a sunny day, use binoculars to spot cracked, curled, or missing shingles, which are signs that the roof is near its end of life. Also check flashing around chimneys, skylights, and roof valleys, and the rubber boots around vets for cracks. If you know that your roof needs to be replaced, you should look into a metal roof. More and more homeowners are making the switch to metal because it lasts three times as long as traditional asphalt roofs, is extremely energy efficient, and can withstand extreme weather conditions. Erie Construction of Evansville, Indiana is a trusted leader in the industry and would love to show you why metal is a choice that is becoming more and more popular.
When buying a new home real estate experts say you shouldn’t let minor aesthetic differences sway you from making an offer. If appliances or the decorative theme are not up to your expectations, keep in mind that most of these things can be easily modified over time. What is important when viewing the interior of the home is to check for overall structural soundness and try to focus on potential rather than current appearance. A good strategy is to hire a licensed home inspector before you close the deal. The inspector will provide a detailed analysis and cost breakdown on actual required repairs.
Buyers should not get discouraged when their potential dream home requires some old-fashioned manual labor to get it up to their standards. Realtors refer to this as “sweat equity.” Sweat equity is a time investment by the potential buyer to clean, redo and repair the potential property once the purchase is complete. Right now we are in a poor real-estate market which is littered with short sales and foreclosures – many of which are neglected, vacant properties. Also, many purchases are older properties with excellent construction characteristics but needing some “elbow grease.”
So don’t let aesthetics stop you from making an offer on what could be your dream home. However, don’t feel pressured to sign on the dotted line if the inspection shows larger problems. For example, if the inspection shows that the roof needs to be replaced. If this is the case, ask the homeowner to put a new roof on or give you a substantial credit towards a new roof. In this market, sellers want to make their deals work because they don’t know when another offer is going to come through. A metal roof is another option that many homeowners are turning to. It lasts three times as long as a traditional roof and is extremely durable during extreme weather conditions. Erie Constructionof Evansville, Indiana is a leader in the industry and can show you some of the reasons metal makes sense for your home and your pocketbook.
Another great tip to getting the best possible deal is to ask for a 1-2% reduction in commission. Real estate agents make $0 if your deal doesn’t go through, so they have as much incentive to keep your deal alive as you do! Good luck.
When it comes to a new roof, we all want the same thing. A roof that’s not too expensive, requires no maintenance, and lasts forever. But when it comes to residential roofing, most roofs are replaced, or at least repaired, every ten years. Most asphalt shingle roofs have a lifespan of 15 to 20 years.
Slate, aluminum, steel, and clay roofs all have life spans of 50-plus years, some lasting up to 200! Because of this, many homeowners are switching to metal and never looking back. Local realtors say, buyers know metal lasts a long time and are attracted to homes with these types of roofs. Even though another asphalt shingle roof may seem like a steal per-square foot, when you account for energy inefficiency and the replacement costs in another 15 years, going with a more durable, longer-lasting roof can be a better financial decision as well as more environmentally sound.
Metal roofs are fast becoming a popular option both in commercial and residential roofing properties. They are durable, fire retardant and almost maintenance-free. They are also energy efficient; metal reflects heat and blocks its transfer into the attic. Research by the Florida Solar Energy Center in 1985 showed that metal absorbed 34 percent less heat than asphalt shingles, and homeowners switching to metal roofing reported saving up to 20 percent on their energy bills.
As with any larger roofing project, finding a licensed, bonded, and insured contractor for the job is essential. Whatever you do, make sure you find a pre-screened, certified roofer today. Erie Construction of Evansville, Indiana is a trusted leader in the industry and would love a chance to come out, give you a free estimate and show you why many homeowners are switching to metal and loving their decision.
Before you start house hunting , home improvement experts say you really need to understand what exterior style of home you love. Knowing this, will definitely help you when it comes time to purchase your next home. No matter what style appeals to you, make sure the home is an energy efficient home. If not, plan on shelling out big bucks on heating and cooling bills. Two big areas to watch for are updated windows and a newer roof. There are many styles to choose from.
First up, the Colonial. Some of the first homes were built by English colonists. They feature a step roof line; wood clapboard siding or wood shingled siding and multi pane double hung windows.
The Cape Cod is definitely a favorite of many. The Georgian Colonial is the one that is most common today. They have a very rectangular, symmetrical and formal style to them. Typically, they are made of brick, but up north, wood siding is popular.
Bungalows are also popular. They have one and half stories, low pitched roofs and a horizontal shape. They’re known for having an extremely efficient floor plan.
Ranch styles became *the* style around 1945 when World War 11 ended and the soldiers came home. Developers bought huge tracts of land because soldiers needed homes. They built them very simplistically and very affordable.
If none of these styles work for you, you may want to take a look at modern contemporary homes. Or “neo-eclectic” homes. These are large homes that borrow styles from many different styles of homes. No matter which style of home you pick, choosing an energy efficient home is always an appealing style. Look for an energy efficient roof. Many homeowners are even going metal, and choosing a metal roof. They last three times as long as a traditional asphalt roof, and they are known for being green and extremely energy efficient. Erie Construction of Evansville, Indiana is a trusted leader in the industry and would love to come out and show you why metal will save you energy dollars!