239-287-2576
  • Home
  • About the Area
    • Neighborhoods
    • Naples Information
    • THINGS TO DO IN NAPLES
  • Your Search
    • New Listings >
      • Bonita Springs New Listings
      • Estero New Listings
      • Ft. Myers New Listings
      • Marco Island New Listings
      • Naples New Listings
    • Neighborhood Search
    • Map Search
    • Basic Search
    • Advanced Search
    • Price Drop Search
    • New Construction
    • Lifestyle Search
    • Rental Search
    • Foreclosure Search
    • Open Houses
  • For You
    • Your Naples Realtor >
      • Meet Renee Hahn
      • Meet Lian Velge
    • Seller Resources
    • Buyer Resources
    • Market Update
    • Naples Real Estate News
    • Home Valuation
    • Q&A Video Clips
    • Mortgage Calculator
    • Closing Cost Calculator
    • Helpful Links
    • Contact Information

Top Home Improvements According to NAR - Naples Real Estate

10/9/2019

0 Comments

 
Picture
Knowing which home improvements are more likely to yield benefits when you go to sell is important information even if you just plan to enjoy the improvements for a while. It is also helpful as a seller to appreciate the value of improvements made to properties you are considering. National Association of REALTORS® (NAR) recently released a 2019 Remodeling Impact Report that shares some helpful and enlightening information on this very topic.
The report covers homeowners' reasons for completing improvement projects and examines the costs and return on investment values for those improvements. The last report was released in 2017 and this one was released just recently providing helpful insights. Since the last release, there have been some interesting changes over that two-year period. The full report can be accessed at the bottom of this article.

"This year, we saw the estimated cost of closet renovations increase from 2017; however, we also saw an increase in the cost recovered from this project," Brandi Snowden, director of Member and Consumer Survey Research at NAR, tells Housecall. "Because homeowners are staying longer in their homes, we see them investing more elaborately than in the past."
Another effect of homeowners staying in their residences longer is they're choosing to invest their money in projects that they'll use on a daily basis, and that will improve the functionality and livability of their home.
Picture
The most popular renovations this go round were kitchen renovations/upgrades and close renovations. Behind that were HVAC replacements, bathroom renovations, flooring upgrades and additions of bathrooms. On the outside of the house, new roofing was the most popular improvement because of the perceived value it adds to the property as a major system. Window replacements (vinyl) and garage doors were near the top of the list. 

NAR calculated a Joy Score for the improvement projects noted. The score serves to measure the happiness homeowners noted for each of the renovations. There were several projects that came out with 10's such as kitchen renovations, closet renovations, and whole house paint.

remodeling-impact-survey-2019.pdf
File Size: 5797 kb
File Type: pdf
Download File

0 Comments

Your comment will be posted after it is approved.


Leave a Reply.

    NAPLES REAL ESTATE BLOG

    Picture

    Blog CATEGORIES

    All
    Home Improvement
    Naples Happenings
    Naples Information
    Real Estate News
    Tips For Buyers
    Tips For Sellers

    Access Renee Hahn Facebook Posts

    This section will not be visible in live published website. Below are your current settings:


    Current Number Of Columns are = 2

    Expand Posts Area =

    Gap/Space Between Posts = 7px

    Blog Post Style = card

    Use of custom card colors instead of default colors = 1

    Blog Post Card Background Color = current color

    Blog Post Card Shadow Color = current color

    Blog Post Card Border Color = current color

    Publish the website and visit your blog page to see the results

    RSS Feed

ACCESS MY ACCOUNT
HOME VALUATION
CLOSING COST CALCULATOR
HELPFUL LINKS
REAL ESTATE NEWS
MORTGAGE CALCULATOR
Q&A VIDEO CLIPS
MARKET UPDATE
OPEN HOUSE REPORT
BUYER RESOURCES
SELLERS RESOURCES
CONTACT US

Renee Hahn Logo

FIND US AT:

Picture
Naples Real Estate Agent Accreditation
Picture
©2019 All Rights Reserved
​The source of this real property information is the copyrighted and proprietary database compilation of the © 2020 M.L.S. of Naples, Inc. and © 2020 Renee Hahn, Realtor, William Raveis Real Estate. Accuracy of this information is not warranted or guaranteed. Information should be independently verified if any person intends to engage in a transaction in reliance upon it.
​​Privacy Policy
Our Web site Accessibility: We are committed to providing an accessible web site. If you have difficulty accessing content, have difficulty viewing a file on the web site, or notice any accessibility problems, please contact us to specify the nature of the accessibility issue and any assistive technology you use. We will strive to provide the content you need in the format you require.
  • Home
  • About the Area
    • Neighborhoods
    • Naples Information
    • THINGS TO DO IN NAPLES
  • Your Search
    • New Listings >
      • Bonita Springs New Listings
      • Estero New Listings
      • Ft. Myers New Listings
      • Marco Island New Listings
      • Naples New Listings
    • Neighborhood Search
    • Map Search
    • Basic Search
    • Advanced Search
    • Price Drop Search
    • New Construction
    • Lifestyle Search
    • Rental Search
    • Foreclosure Search
    • Open Houses
  • For You
    • Your Naples Realtor >
      • Meet Renee Hahn
      • Meet Lian Velge
    • Seller Resources
    • Buyer Resources
    • Market Update
    • Naples Real Estate News
    • Home Valuation
    • Q&A Video Clips
    • Mortgage Calculator
    • Closing Cost Calculator
    • Helpful Links
    • Contact Information