Monthly Archives: August 2016

Improvements That Add Value

Our clients constantly ask us about the types of things they can do to add value to their home. Typically, you can never go wrong with kitchens, baths, and a decked-out lower level, things that today’s buyers gravitate toward.

There are a lot of things to consider, however, including how long you plan to remain in your home. There’s no reason to do a major kitchen remodel if you plan to move in 3 years. Sometimes just putting in granite, new fixtures, and painting can make a difference in terms of resale.

Here are the top 5 projects that will give you the biggest bang for your buck, in terms of percentage of costs recouped*:

1.  Garage Door – 109%

2.  Entry Door – 84.1%

3.  Siding – 79.9%

4.  Windows – 65.4%

5.  Kitchen – 62.9%

Here’s a link to the cost vs. value report for the Cleveland area.

* Source: Remodeling Magazine

If you are planning on doing some projects around your home this fall, just be aware of expectations regarding your return on investment.

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ABOUT THE AUTHORS

The above information is compliments of The Schuman Team, Amy and Dan, of Howard Hanna Real Estate Services. They are Solon residents and specialize in Solon luxury homes, relocation, and first-time buyers.

They can be reached at 216-346-3235 or 216-403-9189 or via email, danschuman@howardhanna.com or amyschuman@howardhanna.com.

The Schumans service the following Cleveland area suburbs: Aurora, Bainbridge, Bay Village, Beachwood, Bentleyville, Chagrin Falls, Cleveland Heights, Gates Mills, Highland Heights, Hunting Valley, Lakewood, Lyndhurst, Mayfield Heights, Mayfield Village, Moreland Hills, Oakwood Village, Orange, Pepper Pike, Shaker Heights, Solon, South Euclid, University Heights, Westlake, Woodmere.

Improvement That Add Value is the property of The Schuman Team and may not be duplicated or used without their written consent.©August 2016