RE/MAX 440
John F. O'Hara

John F. O'Hara
731 W Skippack Pike  Blue Bell  PA 19422
Phone:  610-277-4060
Office:  215-643-3200
Cell:  267-481-1786
Fax:  267-354-6973

My Blog

Converting the Attic? 3 Pointers

April 26, 2016 12:30 am

Attics are a long-standing feature in American homes, their use evolving as homeowner demands shift. Serving initially as storage space, many attics have become “bonus” rooms, housing everything from home offices to master suites.

Considering converting your attic into a new, useable space? Keep these pointers in mind:

• Many attics have no source of natural lighting. If you want to take full advantage of the space, consider installing roof windows or skylights. New makes with energy-efficient features may be eligible for a 30 percent federal tax credit.

• More families are housing multiple generations under the same roof. As such, an additional bedroom or bathroom in the attic may be a wise investment come resale. A master suite addition recoups approximately 65 percent of its cost, and a bathroom addition returns about 55 percent, according to Remodeling magazine’s Cost vs. Value Report. 

• Consider converting the attic into a space you wouldn’t ordinarily find in the average home, such as a craft corner, a home gym, a game room or a movie theater. Relegating these spaces to the attic frees up square footage on the main levels of the home. 

Have you converted the attic in your home? What do you use the space for now?

Source: Brandpoint

Published with permission from RISMedia.


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Booming Markets: 10 Towns Striking It Rich

April 26, 2016 12:30 am

Many markets are emerging as gold mines for growth, thanks to new homes, new residents and promising employment opportunities.

“The strength of the residential real estate market is closely correlated to growth in jobs and households," explains Jonathan Smoke, chief economist for realtor.com®, which recently ranked the “boom towns” striking it rich. “The good news for these markets is that these growth factors have already started to translate into new construction. At the same time, it may be a year or so before some markets on our list start to see an increase in inventory. If anything, this is a road map for where builders should be thinking about where to break ground next.”

The top 10 markets, according to realtor.com®, are:

1. Gilbert, Ariz. (ZIP Code 85297)

• Largest Neighborhood: Power Ranch

2. Los Angeles, Calif. (ZIP Code 90012)

• Largest Neighborhoods: Cultural, Elysian Park, Historic, Mission Junction

3. Dallas, Texas (ZIP Code 75201)

• Largest Neighborhoods: Arts District, Downtown, Farmers Market, Uptown

4. Miami, Fla. (ZIP Code 33132)

• Largest Neighborhoods: Downtown, Midtown, Seaport

5. Las Vegas, Nev. (ZIP Code 89179)

• Largest Neighborhood: Mountain’s Edge

6. Seattle, Wash. (ZIP Code 98121)

• Largest Neighborhood: Belltown

7. Rolesville, N.C. (ZIP Code 27571)

• Largest Neighborhoods: Carlton Point, Cedar Lakes, Rolesville

8. Brooklyn, N.Y. (ZIP Code 11249)

• Largest Neighborhood: Williamsburg

9. Chicago, Ill. (ZIP Code 60603)

• Largest Neighborhoods: Downtown Chicago, The Loop

10. Atlanta, Ga. (ZIP Code 30363)

• Largest Neighborhood: Atlantic Station

Source: realtor.com®

Published with permission from RISMedia.


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