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Austin Home Remodeling Projects With Top-Dollar Returns

by Rebecca Shahan

Not every home improvement project brings the same return on the dollar. Certain improvements will yield a larger return when you sell your home.

Your home may be in the perfect location, with the right price and a perfect lot. But what about the house itself? Maybe not quite as perfect?

So where do you start in your improvement endeavors? How about with data? Data is that friend who tells you like it really is.

The “Remodeling Impact Report” from the National Association of REALTORS® has tons of data on how much improvements cost — and how much of those costs you can recoup.

Here are the best five home remodeling projects with equity-building might:

New Roof

If you find yourself sprinting for the buckets when it starts to sprinkle, getting a new roof should be your No. 1 to-do. Measuring rainfall from the indoors isn’t cool.

The cost: $7,500

The return: 109% at $8,150

Considering it’s what’s between you and the elements, it’s a no-brainer.

Not sure if you need a new roof? Signs you might include:

  • Shingles are missing, curling up, or covered in moss.
  • Gritty bits from the asphalt shingles are coming out the downspout.
  • The sun’s shining through your attic.
  • You notice stains on ceilings and walls.
  • Your energy bill is sky high.

Hardwood Floors

You flip on the TV to see that your fave home reno-ing duo is it at again, flipping a ranch that’s stuck in the ‘80s.

They make it to the living room, pull back the dingy carpet to reveal hardwood floors in great condition. They’re psyched — and for good reason.

Hardwood floors are a timeless classic. Refinishing is a no-brainer. Neither will you regret adding new hardwood floors if you have none.

The cost to refinish: $2,500

The return: 100% at $2,500

The cost to buy new: $5,500

The return: 91% at $5,000

New Garage Door

No surprise that a garage door replacement project made it onto this #winning list — a new garage door provides a big boost for your home’s curb appeal at a relatively modest cost.

The cost: $2,300 (for a two-door)

The return: 87% at $2,000

There are options galore, too. A host of factory-finish colors, wood-look embossed steel, and glass window insets are just some of the possibilities that’ll give your doors bankable personality.

Better Insulation

Insulation is tucked out of sight, so it’s often out of mind — that is, until you’re forced to wear your parka indoors because it’s sooo darn cold.

The cost: $2,100

The return: 76% at $1,600 (plus the added savings on heating and cooling costs!)

New Siding

In any color! And never paint again.

Those are two of the three benefits of vinyl siding. The third, of course, is your home’s value.

But if long-time homeowners look at you funny when you mention vinyl siding, just tell them that today’s vinyl is way better than what they remember because of fade-resistant finishes and transferable lifetime warranties.

The cost: $13,350

The return: 75% at $10,000

Want fiber-cement siding instead? It also shows a strong payback of 83%. Although it’s the pricier option — you’ll spend about $18,000 with a payback of about $15,000 — it has one thing vinyl still lacks — the perception of quality.

And quality matters. Quality is the one of the most important traits that home buyers focused on when house hunting.

Check back on our blog twice a week for more real estate news, ideas, and local events in Austin and Lake Travis. You can search for the perfect home on our website using our powerful home search tools. You can also get free listing alerts of homes as they hit the market at WelcomeToLakeTravis.com. And you can always feel free to call us at 512-657-4467​ to talk to an experienced agent today.

Staircase Makeovers That Most Any DIYer Can Tackle

by Rebecca Shahan

When it comes to DIY home improvement, usually the staircase gets overlooked. Yet if you take a second look at your stairs, you'll see that they can really make a difference in the appearance of your home.

What are some ways you can spruce up those old stairs and bring up the appeal to potential buyers?

These DIY staircase projects can get you started.

The Look of Tile Using Stencils

You can't beat the look and classic feel of black and white. And there's no material more dignified than tile.

You don't need to get a loan to cover each riser in custom tile. You can get some paint and a stencil for the same effect.

If you have a longer staircase, consider stenciling every other riser. You want to delight climbers, not make them dizzy.

A Pretty Pattern With Chalk Paint

A personalized staircase doesn't need to take over the interior design of the house.

You can use chalk paint to give your stairs a soft, subtle look. The pretty pattern is unique enough to feel custom, but the light colors and chalky finish prevent it from overpowering the room.

And here’s a tip for any time you’re painting a staircase: Consider leaving the banister unpainted for a nice pop of contrast.

An Eclectic Look With Real Tile

You can also use tile to give your stairs a great look and offer more durability.

Creating alternating sets of pattern and complementary colors on each riser makes for a one-of-a-kind staircase that’s anything but redundant. While trimming tile to fit stair risers might be above some DIYers’ pay grade, this personalized look could be worth flagging down an expert to pull off.

A Way to Show Off Your Reading Obsession

Have a specific obsession? Decals are a great way for your staircase to share your fandom.

Peel-and-stick decals can be customized with your choice of words or images. Bibliophiles can choose book titles like these, but thanks to the wide world of available decals, you can also find favorite sayings, patterns, characters. Just make sure not to do this if you plan on selling your home soon. This is for those of you who want to customize a home you plan to stay in for a while or just bought.

When working with decals, just make sure to read the fine print. These decals, for example, are just the lettering of the book titles, so painting the risers is a project you’d need to take on first.

A Stair Runner Out of Floor Runners

Standard stair runners are as snooze-worthy as the stairs they cover. Don’t settle if you can’t find one that makes your heart dance.

ouble-check you’ve picked a rug that’s narrower than your stairs. Rugs come in such a blinding variety of dimensions, it’s easy to pick the wrong one.

Check back on our blog twice a week for more real estate news, ideas, and local events in Austin and Lake Travis. You can search for the perfect home on our website using our powerful home search tools. You can also get free listing alerts of homes as they hit the market at WelcomeToLakeTravis.com. And you can always feel free to call us at 512-657-4467​ to talk to an experienced agent today.

Keep Home Improvements From Destroying Your Budget

by Rebecca Shahan

Owning a home is an investment that, as we all know, will need repairs and improvements as the years go by. Many people prepare for the mortgage payment and other costs, but sudden repairs can catch anyone off guard. In fact, around 31% of homeowners don't set aside enough for home repairs.

What are some steps you can take to make sure you're ready for your next repair job or improvement project?

1. Always have a plan

Since there's many items on your to-do list as a homeowner, then logically you should make a real to-do list on paper or spreadsheet program to keep track of it all. Keep track of your regular maintenance items, such as filter replacements and gutter cleaning, as well as projects you want to take care of in the near future. Then make a list of larger updates you would like to do eventually.

Doing this will not only help you remember regular items to keep up, but you can prioritize repairs that will save money down the road. This list will also come in handy when you want to look back at repairs on particular items over the years to see if they justify replacement. And when you go to sell your home, the buyer will appreciate knowing when those items were taken care of.

2. Add to your emergency fund

Setting aside money for repairs is always a good idea, especially if you don't live in a new home. Having an emergency fund can help you take care of unexpected situations, or if you lose income. And you don't have to aim for the stars to start with. Setting aside as much as you can will add up over the months and years. There are also apps for your phone that can help set money aside.

3. Act quickly when it comes to repairs

Take care of a repair as soon as it pops up. Don't wait for the problem to get worse. For example, a leaky faucet can rot the subfloor. Fixing a faucet is far easier than replacing a floor.

4. Know your financing options

Sometimes a repair may exceed your cash on hand. Make a plan to take care of these larger repairs, such as borrowing from a bank or family member. Home equity loans and home equity lines of credit (HELOCs) are also financing options.

5. Consider doing it yourself

Younger homeowners tend to do projects themselves rather than hiring a pro. This can save hundreds on a project. But there's a risk in making huge mistakes that can cost more in the end. Make sure you can handle a project before you DIY.

6. If you go pro, do your research

There's nothing wrong with hiring a pro. But make sure that you research the pros in your area and get several estimates. Ask questions, such as how they intend to do the job, what the estimated timeline is, whether they’re insured and how much experience they have with projects like yours. Don’t simply go with the cheapest contractor to save Money. Yes, they could be the best person for the job, or you may wind up spending more to fix their mistakes.

Check back on our blog twice a week for more real estate news, ideas, and local events in Austin and Lake Travis. You can search for the perfect home on our website using our powerful home search tools. You can also get free listing alerts of homes as they hit the market at WelcomeToLakeTravis.com. And you can always feel free to call us at 512-657-4467​ to talk to an experienced agent today.

Home Repairs You Should Never Do Yourself

by Rebecca Shahan

Owning a home can be a pain at times. Home repairs can be expensive and at times, highly inconvenient. It might seem like a good idea to do a DIY on that annoying repair, but some fixes are better left to the pros. Here's a few examples for you to consider.

Electrical Repairs

Electrical repairs are at the top of the list. You might think calling in your relative or friend who's a "great handyman" to do the repair for you, but often that can cause more problems or dangers than it will solve. Electricians can be expensive, but that is because they've spent many years studying and training to get the job done safely for you and them.

Basement Makeover

A basement renovation might seem like a dream come true to a DIYer, but the basement is a very important part of a homes structure and mistakes, some possibly fatal, could occur. Even if it isn't fatal, it could wind up costing you far more than you bargained for.

Fun with Plumbing

Plumbing issues. Not a whole lot of fun to deal with one every day, leaving you tempted to take care of it yourself. You might think too, that plumbing, along with simple electrical repairs will be a walk in the park, but a fix done wrong can cause serious damage. To your home and wallet. So try calling a plumber. Why else are there at least a dozen in every town?

Gas Appliances

When it comes to gas appliances it could literally be an explosive situation if an appliance is not fixed and reconnected correctly during a repair. Similar to electrical repairs, if not done right, you could cause a leak, which could create major health problems and even a fire or explosion in your home or worse. So when it come to your gas appliances, don't DIY. Call a professional.

When it comes to health, safety and caring for your home, erring on the side of caution is always the best option.

Check back on our blog twice a week for more real estate news, ideas, and local events in Austin and Lake Travis. You can search for the perfect home on our website using our powerful home search tools. You can also get free listing alerts of homes as they hit the market at WelcomeToLakeTravis.com. And you can always feel free to call us at 512-657-4467​ to talk to an experienced agent today.  

Displaying blog entries 1-4 of 4