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	<title>ROI &#8211; The Lawhead Team</title>
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	<link>https://marilynlawhead.com</link>
	<description>The Lawhead Team, Because Two Lawheads are Better than one!</description>
	<lastBuildDate>Thu, 01 Mar 2012 18:41:21 +0000</lastBuildDate>
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		<title>Return on Investment (ROI) Remodels</title>
		<link>https://marilynlawhead.com/return-investment-roi-remodels/</link>
		
		<dc:creator><![CDATA[The Lawhead Team Blogger]]></dc:creator>
		<pubDate>Thu, 01 Mar 2012 18:41:21 +0000</pubDate>
				<category><![CDATA[The Lawhead Team]]></category>
		<category><![CDATA[Coldwell Banker]]></category>
		<category><![CDATA[Creighton Lawhead]]></category>
		<category><![CDATA[Helpful Information]]></category>
		<category><![CDATA[Home Improvement]]></category>
		<category><![CDATA[Home Worth]]></category>
		<category><![CDATA[household tips]]></category>
		<category><![CDATA[Listing Price]]></category>
		<category><![CDATA[New Home]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Return on investment]]></category>
		<category><![CDATA[ROI]]></category>
		<category><![CDATA[San Diego Real Estate]]></category>
		<category><![CDATA[selling your home]]></category>
		<guid isPermaLink="false">http://www.marilynlawhead.com/?p=901</guid>

					<description><![CDATA[Top ROI Remodel Tips The Lawhead Team would like to share with you some top ROI home remodel projects that will help you get the most bang for your buck. Building a bigger and better kitchen, bath or bedroom will help you get the most return for your remodeling job money.  According to Remodeling Online’s [&#8230;]]]></description>
										<content:encoded><![CDATA[<h2>Top ROI Remodel Tips</h2>
<h3>The Lawhead Team would like to share with you some top ROI home remodel projects that will help you get the most bang for your buck.</h3>
<p>Building a bigger and better kitchen, bath or bedroom will help you get the most return for your remodeling job money.  According to Remodeling Online’s latest Cost Vs. Value Report, homeowners who updated and expanded their most frequented rooms enjoyed the best <em><strong>ROI</strong></em> for their home remodels.</p>
<p>This report is a result of responses from 300 real estate professionals in 60 markets nationwide.  When asked what level of <em><strong>ROI</strong></em> a given remodeling job would provide if the house was sold within a year of the work, kitchen and bath remodels along with second-story, bath, family room and master suite additions were rated tops.</p>
<p><strong>Curb Appeal</strong> – This is the impression your home’s exterior conveys.  Curb appeal is what will get a prospective buyer inside to see your new master suite and remodeled kitchen you just completed.</p>
<p><strong>Excellent Work</strong> – Make sure to get referrals to licensed contractors that specialize in the work you need completed. Interview several contractors and keep in mind you should go for quality over cost.  Just because a contractor has the lowest bid, doesn&#8217;t mean he’ll do the best work.</p>
<p><span id="more-901"></span><a href="http://www.marilynlawhead.com/wp-content/uploads/2012/03/PropertyInvestment1.jpg"><img decoding="async" class="wp-image-902 alignright" src="http://www.marilynlawhead.com/wp-content/uploads/2012/03/PropertyInvestment1-135x150.jpg" alt="ROI" width="181" height="201" /></a><strong>Remodel to Existing Standards</strong> – If you remodel your kitchen so it is above standard compared to the other houses on your block, your home may sell faster and at a better price than comparable homes with the original kitchen work, enhancing your <em><strong>ROI</strong></em>.</p>
<p>&nbsp;</p>
<p>Newness and spaciousness are key.  Take a look at what gives you the top returns for your money if the remodel is done within a year of the house being sold:</p>
<table width="503" border="0" cellpadding="0">
<tbody>
<tr>
<td style="text-align: left">Home Improvement Job</td>
<td style="text-align: center">Cost</td>
<td style="text-align: center">Resale Value</td>
<td style="text-align: center">Cost Recouped</td>
</tr>
<tr>
<td>Minor Kitchen Remodel</td>
<td style="text-align: center">$17,928</td>
<td style="text-align: center">$15,278</td>
<td style="text-align: center">85.2%</td>
</tr>
<tr>
<td>Window Replacement (Wood)</td>
<td style="text-align: center">$11,040</td>
<td style="text-align: center">$9,416</td>
<td style="text-align: center">85.3%</td>
</tr>
<tr>
<td style="text-align: left">Bathroom Remodel</td>
<td style="text-align: center">$12,918</td>
<td style="text-align: center">$10,970</td>
<td style="text-align: center">84.9%</td>
</tr>
<tr>
<td>Window Replacement (Vinyl)</td>
<td style="text-align: center">$10,160</td>
<td style="text-align: center">$8,500</td>
<td style="text-align: center">83.7%</td>
</tr>
<tr>
<td>Two-story Addition</td>
<td style="text-align: center">$105,297</td>
<td style="text-align: center">$87,654</td>
<td style="text-align: center">83.2%</td>
</tr>
<tr>
<td>Major Kitchen Remodel</td>
<td style="text-align: center">$54,241</td>
<td style="text-align: center">$43,603</td>
<td style="text-align: center">80.4%</td>
</tr>
<tr>
<td>Attic Bedroom Remodel</td>
<td style="text-align: center">$44,073</td>
<td style="text-align: center">$35,228</td>
<td style="text-align: center">79.9%</td>
</tr>
</tbody>
</table>
<p><em>Source: Remodeling Online/Hanley-Wood.</em>		</p>
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