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

Three Winter Home Upgrades That Add Resale Value

November 11, 2014 1:34 am

According to the Appraisal Institute, homeowners should take steps to winterize their homes in order to reduce energy costs, increase comfort in cold months and improve resale value.

“With the fall season coming to a close, now is a great time for homeowners to consider making seasonal updates to their properties,” says Appraisal Institute President Ken P. Wilson, MAI, SRA. “Not only can these types of home improvements make the cold weather manageable, many can provide a nice return on investment in resale value.”

The Appraisal Institute encourages homeowners to focus on three main updates this winter: windows, exteriors and furnaces.

Adding vinyl or wood windows to a home can have an average payback of nearly 80 percent, according to the Remodeling Magazine’s 2014 Cost vs. Value Report. Vinyl and wood replacement windows have a higher projected return on investment than many other home improvement projects, including a bathroom addition, family room addition, garage addition or roof replacement.

That same study found that a combination of interior and exterior replacement projects retained the most value in home improvements. For example, a minor kitchen remodel returned nearly 83 percent of homeowners’ original investment, while a wood deck addition returned more than 87 percent.

A furnace doesn’t just provide heat and comfort during cold months, but proactively tuning or replacing a home’s furnace can alleviate issues when considering resale. According to Consumer Reports, the average lifespan of a furnace is 15 to 18 years. Homeowners should keep this timeframe in mind when debating servicing versus replacement.

Homeowners should contact an appraiser before deciding on any winterization projects. “A qualified, competent appraiser can make recommendations about which updates will likely provide the most impact on resale value, as well as how to not exceed community norms for the local area,” Wilson says.

Source: Appraisal Institute

Published with permission from RISMedia.


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Hot Home Color Trends for 2015

November 11, 2014 1:34 am

(BPT) – It’s a strategy interior designers often use to create stunning rooms that wow the instant someone enters them: the use of creative color. Homeowners looking to deliver impressive interior style can take cues from what will be the trendiest hues of 2015 and beyond.

Homeowners can convey a variety of emotions in their favorite rooms by embracing different color palettes. From the sweet charm of pastels, to the comfortable ambience of neutral tones, to majestic deep and bright tones, 2015’s top color trends include:

Dreamy tones – Fantastical pigments like teal, charcoal and eggplant evoke a sense of wonder. Escape the everyday and recharge with dream-like shades in the master bedroom. Pair them with crisp white trim and opulent gold or zingy citrus accessories.

Frosted pastels – Soft blues and greys replace traditional pastels. For high contrast in the living room, combine these muted colors with striking accents, like ebony fireplace tiles or mauve window treatments.

Vibrant hues – Set the stage for lively conversation in the kitchen with energetic, attention-grabbing pure shades like red, blue, or orange. Balance brightness with grey on adjoining walls.

Nuanced neutrals
– Weathered, rustic colors, like pea green and copper, bring a dusty earth palette to a whole new level. Marry function and comfort in the guest bedroom with a mix of sandy beige and soft burgundy in the guest bedroom.

Published with permission from RISMedia.


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