Comments on: I want to renovate my home! How much return will I get on my investment? http://www.langvuong.com/brampton-real-estate/real-estate/i-want-to-renovate-my-home-how-much-return-will-i-get-on-my-investment By Lang Vuong (Brampton real estate agent) Tue, 07 Sep 2010 15:16:24 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Tania http://www.langvuong.com/brampton-real-estate/real-estate/i-want-to-renovate-my-home-how-much-return-will-i-get-on-my-investment/comment-page-1#comment-6346 Tania Wed, 16 Sep 2009 23:04:43 +0000 http://www.langvuong.com/2008/02/13/i-want-to-renovate-my-home-how-much-return-will-i-get-on-my-investment/#comment-6346 We bought our house almost 2 years ago for $385,000 and are considering a kitchen renovation. We've been quoted at $45,000 for the reno that we want and are curious what percentage of the overall home value we should invest in a kitchen renovation? We bought our house almost 2 years ago for $385,000 and are considering a kitchen renovation. We’ve been quoted at $45,000 for the reno that we want and are curious what percentage of the overall home value we should invest in a kitchen renovation?

]]> By: lang http://www.langvuong.com/brampton-real-estate/real-estate/i-want-to-renovate-my-home-how-much-return-will-i-get-on-my-investment/comment-page-1#comment-6130 lang Mon, 20 Jul 2009 20:10:21 +0000 http://www.langvuong.com/2008/02/13/i-want-to-renovate-my-home-how-much-return-will-i-get-on-my-investment/#comment-6130 Hi Misty Washrooms are actually quite important in terms of the presentation of the home. If you don't mind, email me about the neighbourhood your house is in, and I can try to tell you more. It's difficult for me to answer your questions without knowing a little bit more about the neighbourhood. Cheers, Lang Hi Misty

Washrooms are actually quite important in terms of the presentation of the home. If you don’t mind, email me about the neighbourhood your house is in, and I can try to tell you more. It’s difficult for me to answer your questions without knowing a little bit more about the neighbourhood.

Cheers,

Lang

]]> By: Misty http://www.langvuong.com/brampton-real-estate/real-estate/i-want-to-renovate-my-home-how-much-return-will-i-get-on-my-investment/comment-page-1#comment-6112 Misty Wed, 15 Jul 2009 14:39:24 +0000 http://www.langvuong.com/2008/02/13/i-want-to-renovate-my-home-how-much-return-will-i-get-on-my-investment/#comment-6112 We bought our house last yearfor $215,000. It was listed for $245,000 but needed some major rennovations. The city office had it listed at a value of $295,000. The pool was unusable and in need of new concrete and tiles and the kitchen was a disaster. It was carpet wall to wall. So we fixed the pool @ $11,000. The we put in a custom kitchen with beautiful cabinets, a built in pantry, wood floors, stainless steel appliances, quartz countertops and a custom island. The island has quartz also. We also put new wood in the butlers pantry/utility room that is just off of the kitchen and new wood in the den. The kitchen was about $50,000 and the wood floors were $6,000. We ripped all of the carpet up in the rest of the house because it there was original hardwood beneath it. The next step is to paint. My trouble is this... While we have done all of this work the 2 of the 3.5 baths are original and ugly. They are totally functional just ugly tile. We really can't afford to invest much more than paint now. We want to sell it but need to sell it for at least $335-$350. We don't have to but if we could then we could buy another house that is cheaper and pretty much be debt free. Do you think that return is unrealistic? We bought our house last yearfor $215,000. It was listed for $245,000 but needed some major rennovations. The city office had it listed at a value of $295,000. The pool was unusable and in need of new concrete and tiles and the kitchen was a disaster. It was carpet wall to wall. So we fixed the pool @ $11,000. The we put in a custom kitchen with beautiful cabinets, a built in pantry, wood floors, stainless steel appliances, quartz countertops and a custom island. The island has quartz also. We also put new wood in the butlers pantry/utility room that is just off of the kitchen and new wood in the den. The kitchen was about $50,000 and the wood floors were $6,000. We ripped all of the carpet up in the rest of the house because it there was original hardwood beneath it. The next step is to paint. My trouble is this… While we have done all of this work the 2 of the 3.5 baths are original and ugly. They are totally functional just ugly tile. We really can’t afford to invest much more than paint now. We want to sell it but need to sell it for at least $335-$350. We don’t have to but if we could then we could buy another house that is cheaper and pretty much be debt free. Do you think that return is unrealistic?

]]> By: lang http://www.langvuong.com/brampton-real-estate/real-estate/i-want-to-renovate-my-home-how-much-return-will-i-get-on-my-investment/comment-page-1#comment-3653 lang Tue, 03 Feb 2009 21:46:15 +0000 http://www.langvuong.com/2008/02/13/i-want-to-renovate-my-home-how-much-return-will-i-get-on-my-investment/#comment-3653 Hi Stan Of course, any additions and renovations to a home will add some value to the home. However, the average price in your neighbourhood can be influenced by many things, including the type and the extent of the renovations, the activity level in the neighbourhood, the activity level in the marketplace, the inventory, and many other factors. If you're thinking of selling and would like to determine a more precise value on your home, let me know and I will be glad to help. Lang Hi Stan

Of course, any additions and renovations to a home will add some value to the home. However, the average price in your neighbourhood can be influenced by many things, including the type and the extent of the renovations, the activity level in the neighbourhood, the activity level in the marketplace, the inventory, and many other factors. If you’re thinking of selling and would like to determine a more precise value on your home, let me know and I will be glad to help.

Lang

]]> By: Stan http://www.langvuong.com/brampton-real-estate/real-estate/i-want-to-renovate-my-home-how-much-return-will-i-get-on-my-investment/comment-page-1#comment-3621 Stan Sat, 31 Jan 2009 23:07:00 +0000 http://www.langvuong.com/2008/02/13/i-want-to-renovate-my-home-how-much-return-will-i-get-on-my-investment/#comment-3621 average in my neighborhood is 265000 without a basement,would a basement apartment with it's own heating system and kitchen an laundry room an high speed internet recessed lights an a large full bartroom add how much value? average in my neighborhood is 265000 without a basement,would a basement apartment with it’s own heating system and kitchen an laundry room an high speed internet recessed lights an a large full bartroom add how much value?

]]> By: Replacement Windows Tacoma http://www.langvuong.com/brampton-real-estate/real-estate/i-want-to-renovate-my-home-how-much-return-will-i-get-on-my-investment/comment-page-1#comment-3155 Replacement Windows Tacoma Tue, 16 Dec 2008 06:22:23 +0000 http://www.langvuong.com/2008/02/13/i-want-to-renovate-my-home-how-much-return-will-i-get-on-my-investment/#comment-3155 Nice, very in-depth guide! Nice, very in-depth guide!

]]> By: Real Estate In North Georgia Mountains http://www.langvuong.com/brampton-real-estate/real-estate/i-want-to-renovate-my-home-how-much-return-will-i-get-on-my-investment/comment-page-1#comment-68 Real Estate In North Georgia Mountains Wed, 20 Feb 2008 13:55:20 +0000 http://www.langvuong.com/2008/02/13/i-want-to-renovate-my-home-how-much-return-will-i-get-on-my-investment/#comment-68 It would make sense to get a CMA current market analysis of the property and comparables in the area as to make an informed decision to renovate and how much to invest to recoup at time of sale. The list is a wonderful guide to a renovating project and can be the basis for a projected investment. It would make sense to get a CMA current market analysis of the property and comparables in the area as to make an informed decision to renovate and how much to invest to recoup at time of sale. The list is a wonderful guide to a renovating project and can be the basis for a projected investment.

]]> By: Blue Ridge Georgia Cabin Rentals http://www.langvuong.com/brampton-real-estate/real-estate/i-want-to-renovate-my-home-how-much-return-will-i-get-on-my-investment/comment-page-1#comment-59 Blue Ridge Georgia Cabin Rentals Fri, 15 Feb 2008 14:24:12 +0000 http://www.langvuong.com/2008/02/13/i-want-to-renovate-my-home-how-much-return-will-i-get-on-my-investment/#comment-59 I think adding new wood floors along with a kitchen and bath upgrade are the three most important upgrades that will show your return when you go to sell and will have your proud to enter your home and enjoy with friends and family. The wood floors open up a place and give a look of elegance. The remodel kitchen brings it up to current appeal with granite. People want retreat bathrooms with marble tiles and glass shower surrounds and tubs. Even if the other rooms are small in house these three alone will make the house look new. I think adding new wood floors along with a kitchen and bath upgrade are the three most important upgrades that will show your return when you go to sell and will have your proud to enter your home and enjoy with friends and family.

The wood floors open up a place and give a look of elegance. The remodel kitchen brings it up to current appeal with granite. People want retreat bathrooms with marble tiles and glass shower surrounds and tubs. Even if the other rooms are small in house these three alone will make the house look new.

]]> By: Lake Blue Ridge Homes For Sale http://www.langvuong.com/brampton-real-estate/real-estate/i-want-to-renovate-my-home-how-much-return-will-i-get-on-my-investment/comment-page-1#comment-50 Lake Blue Ridge Homes For Sale Thu, 14 Feb 2008 12:34:45 +0000 http://www.langvuong.com/2008/02/13/i-want-to-renovate-my-home-how-much-return-will-i-get-on-my-investment/#comment-50 What a great list I have never seen a list like this but I will use it for a reference. How does the saying go if you own the worst house on the block okay to invest in upgrades. If you own the best house on the block do not invest in upgrades unless you plan to live there forever and don't expect a return on your investment. I love the list though very helpful! What a great list I have never seen a list like this but I will use it for a reference. How does the saying go if you own the worst house on the block okay to invest in upgrades. If you own the best house on the block do not invest in upgrades unless you plan to live there forever and don’t expect a return on your investment.

I love the list though very helpful!

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