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Boulder County Attached Dwelling Home Appreciation 2016-2018 (Condo/Townhome)

2/4/2019

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Boulder County Home Appreciation 2016-2018

2/4/2019

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Contact Lydia Waskul for more 2018 Stats.
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Cost vs. Value: Highest real estate ROI - 2019

2/4/2019

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Cost vs. Value: The Home Improvement Projects With the Highest ROI in 2019
By Jameson Doris
RISMEDIA, Saturday, February 02, 2019— Remodelers across the country took a hit last summer as the cost of building materials spiked dramatically, and the picture for 2019 isn't much rosier. The percentage of return on investment (ROI) is projected to trend downward for all the replacement projects listed in Remodeling magazine's newly-released Cost vs. Value Report.
 
Larger indoor remodel projects took a hit as well, but weren't impacted as greatly as replacement projects as they rely more on labor costs rather than material costs.
 
"With the increasing costs of building materials and labor, we urge remodelers to think like real estate professionals first,” says Clayton DeKorne, editor-in-chief of Remodeling magazine. "When you adjust your focus to think like a broker first, you can dull clients’ No. 1 pain point—cost—with a discussion of the amount that can be recouped."
 
Nationally, here are the five projects with the greatest ROI in the report's mid-range cost category:
 
Manufactured Stone Veneer (94.9% ROI)
  • Average Cost: $8,907
  • Average Resale Value: $8,449 
Minor Kitchen Remodel (80.5% ROI)
  • Average Cost: $22,507
  • Average Resale Value: $18,123 
Deck Addition (Wood) (75.6% ROI)
  • Average Cost: $13,333
  • Average Resale Value: $10,083 
Siding Replacement (75.6% ROI)
  • Average Cost: $16,036
  • Average Resale Value: $12,119 
Entry Door Replacement (Steel) (74.9% ROI)
  • Average Cost: $1,826
  • Average Resale Value: $1,368 
And the five projects with the greatest ROI in the report's upscale cost category are:
 
Garage Door Replacement (97.5% ROI)
  • Average Cost: $3,611
  • Average Resale Value: $3,520 
Window Replacement (Vinyl) (73.4% ROI)
  • Average Cost: $16,802
  • Average Resale Value: $12,332 
Grand Entrance (Fiberglass) (71.9% ROI)
  • Average Cost: $8,994
  • Average Resale Value: $6,469 
Window Replacement (Wood) (70.8% ROI)
  • Average Cost: $20,526
  • Average Resale Value: $14,530 
Bathroom Remodel (60.2% ROI)
  • Average Cost: $64,743
  • Average Resale Value: $38,952 
Nationally—and on the other end of the spectrum—here are the five projects with the lowest ROI in the mid-range cost category:
 
Backyard Patio (55.2% ROI)
  • Average Cost: $56,906
  • Average Resale Value: $31,430 
Master Suite Addition (59.4% ROI)
  • Average Cost: $130,986
  • Average Resale Value: $77,785 
Bathroom Addition (60.6% ROI)
  • Average Cost: $47,427
  • Average Resale Value: $28,726 
Roofing Replacement (Metal) (60.9% ROI)
  • Average Cost: $38,600
  • Average Resale Value: $23,526 
Major Kitchen Remodel (62.1% ROI)
  • Average Cost: $66,196
  • Average Resale Value: $41,133 
And the five projects with the lowest ROI in the upscale cost category are:
 
Master Suite Addition (50.4% ROI)
  • Average Cost: $271,470
  • Average Resale Value: $136,820 
Bathroom Addition (58.1% ROI)
  • Average Cost: $87,704
  • Average Resale Value: $51,000 
Major Kitchen Remodel (59.7% ROI)
  • Average Cost: $131,510
  • Average Resale Value: $78,524 
Bathroom Remodel (60.2% ROI)
  • Average Cost: $64,743
  • Average Resale Value: $38,952 
Window Replacement (Wood) (70.8% ROI)
  • Average Cost: $20,526
  • Average Resale Value: $14,530 
The 2019 Cost vs. Value Report surveyed more than 3,200 real estate professionals about returns for 22 popular renovation projects in 136 different U.S. housing markets—up from 100 markets last year. View the full report, including project descriptions and city-level data, here.
 
This appeared first on RISMedia's Housecall.
 
Jameson Doris is RISMedia's blog and social media editor. Email him your real estate blog ideas at jdoris@rismedia.com. 
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Common Real Estate Investor Mistakes

5/4/2016

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​3 Common Mistakes Real Estate Investors Can't Afford To Make
By Than Merrill
RISMEDIA, Wednesday, May 04, 2016— Not unlike any other business, investing in real estate requires an acute attention to detail and the utmost respect for due diligence. Any hope of running a sustainable business is, therefore, dependent on minimizing mistakes and capitalizing on opportunities. There are, however, some mistakes that are more detrimental to new investors than others.  

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Will Denver lead the nation in housing price appreciation?

1/11/2016

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Can you still make money in the Denver area real estate market? Biz Journals projects strong appreciation in the Denver housing market for 2016- check this out! 

Photo Credit: jasonasteele via Compfight cc
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Ever Wondered What Makes a Great Investment Property?

12/16/2015

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Do you dream of investing in property but don't know what to look for? Read this helpful article from BiggerPockets to find out how to make a profit, where you can find investment properties and what the process is like. 
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Putting Off Selling Until Spring? Think Again!

12/16/2015

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Winter can actually be a great time to sell your home. Many home buyers hibernate for the winter, but serious shoppers stick around. If you’re waiting until spring to put your home on the market, you’re going to want to take a look at these numbers.
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Ready to Buy Your First Home?

12/16/2015

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Buying your first home takes stamina, desire and commitment not only to navigate the complicated and time-consuming purchase process, but also to learn the ropes of being a responsible homeowner. Here are 5 signs you're ready to buy!
Snowy house in the forest
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Hot housing market: Boulder County home buyers are lining up for less inventory

12/3/2015

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"It's a feeding frenzy," said Lisa Wade, president of the Boulder Area Realtor Association and Realtor with Re/Max of Boulder. 

Wintertime used to bring a chill to home-buying activity in Boulder County. That's not the case right now: Even snowy day open houses are crammed with a couple of dozen prospective buyers. 

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Thinking of Buying or Selling in Boulder?

12/3/2015

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Find Boulder's median sales price, market trends and more at Trulia's Boulder Real-Estate Market Overview
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