Tag Archives: jacksonville real estate

Outdoor remodeling projects can boost resale value

architecture-boating-canal-534171Home and commercial property owners looking to take on a remodel should consider undertaking an outdoor project, according to the National Association of Realtors®’ (NAR) and National Association of Landscape Professionals'(NALP) 2018 Remodeling Impact Report: Outdoor Features.

The report takes a deep dive into 13 outdoor residential projects and 10 commercial property projects, highlighting the reasons why property owners complete these projects, the value – both financial and emotional – that these remodels bring, and the increased happiness the finished projects bring homeowners.

“Realtors understand that a home’s first impression is its curb appeal, so when it comes time to sell, a well-manicured yard can be just as important as any indoor remodel,” said NAR President Elizabeth Mendenhall. “Even homeowners with no immediate plans to sell can gain more enjoyment and satisfaction from their home by taking on a project to revive their outdoor spaces.”

When asked which outdoor projects produce the most substantial financial payouts at resale, Realtors ranked standard lawn care service at the top, which recovers 267 percent of the project cost at resale. Next, Realtors named landscape maintenance and tree care, both recovering 100 percent of the cost at resale, and installing an irrigation system, recouping 86 percent.

When it comes to the enjoyment homeowners gain from these projects, a fire feature and irrigation system tied for first, both receiving a perfect Joy Score of 10. Joy Scores range between 1 and 10 and higher figures indicate greater joy from the project.

Eighty-three percent of homeowners who installed a fire feature said they have a greater desire to be home since completing the project, and 69 percent of homeowners who installed an irrigation system said they feel a major sense of accomplishment when they think of the project. The next most appealing projects were a new wood deck (Joy Score of 9.8), a water feature (9.8), statement landscaping (9.7) and an overall landscape upgrade (9.6).

“This report validates that landscaping is an investment worth making, offering the immediate benefits of increased enjoyment of your property, as well as desirable long-term value that holds if or when it comes time to sell,” said Missy Henriksen, NALP vice president of public affairs. “From lawn and tree care to installing a new fire or water feature or landscape lighting, there’s no shortage of opportunities to enhance your landscape and to reap the benefits these upgrades provide.”

This year, the report also covered outdoor projects for commercial properties. The report found that 43 percent of Realtors have suggested a commercial client improve the curb appeal of a property before listing it for sale. The most frequently recommended projects are standard lawn care (39 percent), completing a landscape management service (27 percent) and an overall landscape upgrade (26 percent).

“It is not just homeowners that need to think about curb appeal when it comes time to sell; a beautiful exterior is just as important for commercial property owners. In fact, 81 percent of Realtors said they believe curb appeal is important in attracting a buyer,” said Mendenhall.

© 2018 Florida Realtors®

Judy Hicks Realtor

10 Things you Can Do to Get Your Home Ready to Show in 15 Minutes or Less

Sometimes just the thought of preparing to show your home is overwhelming. Often we build it up in our minds and think it will take “forever” when it will actually only take a few minutes. These 10 things will be a fifteen minutes well spent because you want your home to show well.

Top 10

  1. Put the dishes in the dishwasher (or better yet quickly wash the dishes and put them away).
  2. Make the beds.
  3. Wipe down all counters.
  4. Empty all trash cans.
  5. Hide dirty clothes and toys (put a clean towel over the baskets to help eliminate odors).
  6. Make sure the front door and walk way are swept clean.
  7. Run a quick vacuum and sweep floors (if you have wood or tile floors-Swifter works very well).
  8. Turn on all lights, open the blinds and turn on calming music.
  9. Leave the house and take the pets with you.
  10. Smile…your home will be SOLD soon!

See, the last  two aren’t that difficult are they?   I’m often asked what is one the best things to do to make a home shine, I can tell you without hesitation clean windows inside and outside (Simple Green is excellent and almost always dries streak free) will be most helpful.

Happy home selling!