Lot size. Interior square footage. The number of bedrooms. The number of bathrooms. Neighborhood.
These are the most popular criteria for valuation of a home when you are putting one on the market. You let your realtor compare your home to other similar homes that have sold in the recent past to come up with your selling price. You consider the customer who is most likely to purchase the house and you may even make some changes to suit the taste of the current market. Making improvements to a home for the sole purpose of adding value to it has been historically a guessing game. Ask your friends what they would do, and you will probably get a speech about how updating the kitchen is the winner because its where people spend the most time and can see themselves living out their lives when they walk into an unfamiliar home. I wholeheartedly agree with the logic, but Kitchens are expensive. According to the Remodeling Magazine's 2018 Cost Vs. Value Report for Atlanta Georgia, a Major Kitchen Remodel came in at the cost of $127, 292 and only returned 66.2% of the investment while a new simple wooden deck comes in around $10,720 with an 87.7% ROI. The projects with the highest return tended to be exterior maintenance that new buyers don't want to deal with. Siding, garage doors, and gutter replacement all top the list and can be paired with your deck project to practically break even and increase the likelihood of finding your buyer. Not to mention the enjoyment you will get from your outdoor living space before you move. Curb appeal also accounts for high-value projects with manufactured stone veneer coming in at 109.8% ROI.
Joe points out in this video to be sure to pay attention when you are purchasing your home not to ignore barriers that could prevent you from making a great space outside. The topography of the yard can make a big difference on how you can layout your outdoor living and may prevent you from achieving your future goals within your budget.
Lastly, the primary goal when making changes to your home should be to make yourself happy and comfortable. Buyers don't mind a little whimsy in their lives when it comes to the spaces you use most. JOMA will help you determine if your ideas to go way out of the realm of reasonable ROI and will help prevent you from pricing your home out of the neighborhood.
Enjoy watching! If you want to discuss improvements for your home that will be a great investment and enhance your space, call us at
706 372 1052 or email me at mackenzie@jomaconstruction.com
These are the most popular criteria for valuation of a home when you are putting one on the market. You let your realtor compare your home to other similar homes that have sold in the recent past to come up with your selling price. You consider the customer who is most likely to purchase the house and you may even make some changes to suit the taste of the current market. Making improvements to a home for the sole purpose of adding value to it has been historically a guessing game. Ask your friends what they would do, and you will probably get a speech about how updating the kitchen is the winner because its where people spend the most time and can see themselves living out their lives when they walk into an unfamiliar home. I wholeheartedly agree with the logic, but Kitchens are expensive. According to the Remodeling Magazine's 2018 Cost Vs. Value Report for Atlanta Georgia, a Major Kitchen Remodel came in at the cost of $127, 292 and only returned 66.2% of the investment while a new simple wooden deck comes in around $10,720 with an 87.7% ROI. The projects with the highest return tended to be exterior maintenance that new buyers don't want to deal with. Siding, garage doors, and gutter replacement all top the list and can be paired with your deck project to practically break even and increase the likelihood of finding your buyer. Not to mention the enjoyment you will get from your outdoor living space before you move. Curb appeal also accounts for high-value projects with manufactured stone veneer coming in at 109.8% ROI.
Joe points out in this video to be sure to pay attention when you are purchasing your home not to ignore barriers that could prevent you from making a great space outside. The topography of the yard can make a big difference on how you can layout your outdoor living and may prevent you from achieving your future goals within your budget.
Lastly, the primary goal when making changes to your home should be to make yourself happy and comfortable. Buyers don't mind a little whimsy in their lives when it comes to the spaces you use most. JOMA will help you determine if your ideas to go way out of the realm of reasonable ROI and will help prevent you from pricing your home out of the neighborhood.
Enjoy watching! If you want to discuss improvements for your home that will be a great investment and enhance your space, call us at
706 372 1052 or email me at mackenzie@jomaconstruction.com
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