December 1, 2015 Orange Coast Magazine awarded Micah Stovall, Stovall Team as a Five Star Real Estate Agent.
If you know anyone looking to buy or sell their home we’d love the referral. Call Stovall Team if we can help you or your family 714.343.9294 714.393.5377 stovallteam.com
Stovall Team Micah Stovall
Why aren’t home office remodels as popular as they were 10 years ago? Probably because we’ve come to rely less on dedicated office space and more on mobile hardware that lets us conduct business from any room in the house. Cloud storage puts documents a click away — not in a file cabinet — and our smartphones keep us connected 24/7, not just when we’re in the office. That sensibility frees up spare rooms for other uses, especially bedrooms, bathrooms, and storage.
Another project, sunroom additions, appears to have gone the way of sunken living rooms and parlors. They used to be fashionable, but today we know sunroom additions are difficult to heat and cool, and, at $300 to $400 per square foot, they’re expensive to construct. You’ll get almost the same benefits — and more fresh air — with a much cheaper to build deck or patio.
The Bottom Line. It’s true: A rising tide lifts all boats. Over the past couple of years the stabilizing economy has helped produce better returns on most remodeling projects. That’s good news for homeowners, who can be assured that their remodeling dollars are garnering better returns when it comes time to sell, and generating more enjoyment of their homes in the meantime.
Sources: Realty Times, Stovall Team
Completed book report forms can be redeemed for ride tickets at the Centennial Farm Information Booth during Fair hours. Tickets are valid July 17-August 16, 2015 only.
Official OC Fair Read & Ride Form must be used in order to participate in program.
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Ask the Experts: Best Return on Remodeling Investment
With home prices up in Orange County, especially in Huntington Beach, Newport Beach, Fountain Valley, Westminster, Garden Grove and immediate surrounding areas, the return on remodeling investments at resale is wonderful. Making little changes can have big impacts when it comes to remodeling your home to sell.
Do you want to enjoy your updates for a few years? Or do you want to make your home more immediately appealing to homebuyers? If you’re remodeling for your own household, updating a home has a legitimate purpose that is unquantifiable. When you add square footage, update systems and fixtures, or rearrange traffic flow, you improve the functionality of your home. Refreshing wall colors, window coverings, and flooring adds to the beauty and enjoyment of your home. Many would consider that money better spent, and if you decide to sell in 2-3 years, you’ll be ahead of the game in terms of updates that will appeal to homebuyers.
Working with the Stovall Team ensures the plan is set long before you put your home on the market, if you are considering a move. Start with what absolutely has to be done, whether you plan to stay in your home or not. Otherwise, stick to smaller updates that can yield big impacts in terms of curb appeal, safety and building integrity.
The top five cost-to-value projects that netted the most return in 2015 were:
As you can see, the most lucrative projects for resale were all about curb appeal. Seal the deal with a new welcome mat, new sconces to complement the new steel door, and potted plants for color. Wow your buyers on the outside and they’ll be more likely to choose your home over the competition.