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Posts Tagged ‘Loudoun County VA homes for sale’

30-year Fixed-Rate loans are at historically low interest rates. However, some home buyers and home owners choose adjustable-rate mortgages, or ARMs.


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Lets look at the risks and rewards of using ARM mortgage: 

REWARDS:
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Here’s homeownership course: Home Owner 101

1. Fix a leaky toilet. (more…)

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Repair wood floors and scratches can make rooms look worn out. It is easy to put the luster back into the floors.

Camouflage scratches (more…)

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Home remodeling is expected to have its best year since 2006, according to Harvard University’s Joint Center for Housing Studies. The biggest focus areas of home owners in remodeling: Mid-size kitchen and bath projects, maintenance improvements, and energy efficiency upgrades. (more…)

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When it comes to home remodeling, EXTERIOR replacement projects have routinely rewarded home owners with the best returns on the investments. The 2011 year is no different: REALTORS® recently rated many exterior improvements as among the most valuable home investment projects as part of the 2011-12 Remodeling Cost vs. Value Report.

“This year’s Remodeling Cost vs. Value Report shows the value of putting your home’s best façade forward, so to speak,” said National Association of REALTORS® President Moe Veissi. “Inexpensive exterior replacement projects are not only crucial to a home’s regular upkeep, but are also expected to recoup close to 70 percent of costs. Specific exterior projects such as

  • siding
  • window
  • door replacements

are part of regular home maintenance. These projects also do not require expensive materials and they have the added bonus of instantly adding curb appeal.”

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HouseLogic.com, NAR’s consumer Web site, includes dozens of remodeling projects, from kitchens and baths to siding replacements, which indicate the recouped value of the project based on a national average. According to the Cost vs. Value, seven of the top 10 most cost-effective projects nationally in terms of value recouped are exterior replacement projects.

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REALTORS® judged an upscale fiber-cement siding replacement as the project expected to return the most money, with an estimated 78% of costs recouped upon resale.

Two additional siding replacement projects were in the top 10, including:

  • foam-backed vinyl siding, expected to return 69.6% of costs,
  • upscale vinyl siding, expected to recoup 69.5% of costs.

Three door replacements were also among the top exterior replacement projects.

  • the steel entry door replacement is the least expensive project in the report, costing little more than $1,200 on average and expected to recoup 73% of costs.

The upscale garage door replacement jumped to number six this year, primarily due to the average cost of the project declining more than 15 percent nationally.

  • the upscale and midrange garage door replacement projects are expected to return more than 71% of costs.

One window replacement project,

  • upscale vinyl window replacement rounded out the last exterior replacement project in the top 10, expected to recoup 69.1% of costs.

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The 2011-12 Remodeling Cost vs. Value Report compares construction costs with resale values for 35 midrange and upscale remodeling projects comprising additions, remodels, and replacements in 80 markets across the country. Data are grouped in nine U.S. regions, following the divisions established by the U.S. Census Bureau. This is the 14th consecutive year that the report, which is produced by Remodeling magazine publisher Hanley Wood LLC, was completed in cooperation with NAR.

SOURCE: NAR

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To search all Northern Virginia, Fairfax County VA, Loudoun County VA, Prince William County VA  MLS homes for sale and real estate by MAP, COUNTY, TOWN, ZIP CODE, or LISTING NUMBER visit my web site: http://www.RealtorVivianneRutkowski.com/  or   www.RealEstateWithViv.com

To save your MLS real estate and homes for sale searches in Property Wizard and receive automated e-mail market updates and new listings that meet your criteria: http://www.realtorviviannerutkowski.com/pw_login.shtml

To search all Northern Virginia, Fairfax County VA, Loudoun County VA, Prince William County va OPEN HOUSEShttp://www.realtorviviannerutkowski.com/openhousesearch.shtml

To research Schools and Neighborhoods in Northern Virginia, Fairfax County VA, Loudoun County VA, Prince William County VA, Arlington County VA, Fauquier County VA, visit http://www.realtorviviannerutkowski.com/schoolinfo.shtml

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