Remodeling Values
Americans have always loved home DIY projects, and home renovation is expected to reach a record high this year. With a shortage on inventory and rising prices, many homeowners are staying put and choosing to remodel.
Harvard's Joint Center for Housing Studies recently projected that Americans will spend a record $316 billion on home remodeling. That is $20 billion more than last year. This is a positive and strong indicator of consumer confidence when homeowners splurge on minor and major remodels.
If you are a homeowner considering some remodeling, it's good to know the return on your remodeling investment. Remodeling Magazine has released estimates on ROI on some popular remodeling projects. Here are the average costs and percentage of return:
| Project |
Job Cost
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Resale Value/ROI
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Roof Replacement
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$20,142
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$14,446/71.7%
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Bathroom Remodel
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$17,809
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$11,769/65.7%
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Bathroom Addition
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$42,223
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$23,727/56.2%
|
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Garage Door Replacement
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$1,652
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$1,512/91.5%
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Major Kitchen Remodel
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$59,999
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$38,938/64.9%
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Minor Kitchen Remodel
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$20,122
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$16,716/83.1%
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Family Room Addition
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$86,616
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$58,807/67.9%
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Master Suite Addition
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$115,810
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$74,224/64.1%
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Deck Addition
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$10,471
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$7,850/75%
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These figures provide rough estimations of added value should you decide to sell. Of course, expenditures will depend on if you are putting in the sweat equity yourself or are hiring professionals.
Hope your summer is sailing along smoothly. Let us know if you need anything.
All the best,
Debbie Neale
BA, MA, CRS, CLHMS, GRI, e-PRO, RRS, CDPE, RSPS
RE/MAX Hall of Fame
Broker Associate
RE/MAX Beaches
P: 850.803.8633
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Explore Our Featured Listings
Located along desirable 30A and mere steps from its white, sugar-sand beaches this 2nd floor unit is a must-see! This charming one bedroom unit features high ceilings, a full kitchen, tile flooring throughout, and a spacious bathroom with garden tub. The large kitchen, dining, and living areas all flow together to create an open and airy feel. French doors lead to the cozy balcony where you can take in the Gulf views and salty sea breeze. Owners and renters at Gulf Place have access to three pools, hot tubs, tennis courts, as well as unique shopping boutiques, restaurants, concerts, and farmers markets. With everything within walking distance, they say Gulf Place is the place where distance is measured in footsteps. This unit is projected to gross $24k+ in rentals.
Click here for details!
Located on the 11th floor of stunning Ariel Dunes II Condominium, this unit offers spectacular panoramic views. From your large private balcony, take in the views of the Gulf of Mexico and miles of coastline. This unit is turn-key and furnished coastal chic. The kitchen has granite counter tops, solid wood cabinetry, and a breakfast bar. The unit has built-in hallway bunk beds, stackable washer/dryer, and 9-foot ceilings. This condo has three large pools that hug the south side, combining for almost 9,000 square feet. This condo is part of Seascape Resort, a perennial favorite of visitors. Within its gates you will find an 18-hole golf course, state-of-the-art tennis facilities, conference center, 2,000 feet of beach frontage, and more.
Click here for details!
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What Does Jay Say?
For those of you who closely follow the local real estate market, I just wanted to keep you up to date on the Real Estate Market for Gulf Front, Gulf View, and other foreclosures in our area that you can always find on our website. Click the links below to view our updated list of foreclosures. Not looking for a foreclosure? Feel free to create a customized search, or browse our site to view all properties that are currently on the market.
We love to support local business in any way we can. So what better way than by heading to the local farmers markets where you can find delicious fresh foods and homemade goods. Buying local foods is a simple way to improve your health, your community, and the environment, all at the same time. Local food doesn't suffer the "jet lag" of produce trucked across the country. It puts more money back into the local economy and saves a whole lot of gas. Who knew by buying an ear of corn or a fresh tomato you could do all that?
Coming to the farmers market makes shopping a pleasure rather than a chore. The farmers market is a community hub - a place to meet up with your friends, bring your children, and visit with the friendly farmers, makers and bakers. A regular trip to a farmers market is one of the best ways to connect with where your food comes from. Meeting and talking to farmers and food artisans is a great opportunity to learn more about how and where food is produced, and creates a greater sense of appreciation for the hard work put into growing and harvesting the freshest of foods.
There is quite the variety found at our local farmers markets. Take a stroll through the beautiful park like settings, trailing along the lines of stalls to find fresh from the farm produce including dairy, honey, eggs, grass-fed beef, beef, chicken, and pork. You can even find fresh local seafood, crab cakes, tuna and shrimp dips. There is homemade hummus, veggie dips, hot sauces, salsa's, guacamole and homemade tortilla chips. Jams, preserves, pickled veggies, BBQ sauces, marinades, mustards, flavored and smoked salts, cheeses, homemade pastas and sauces, artisan breads and desserts (some organic,gluten free, and Non-GMO) from around the world. Cold pressed organic juices, handmade crepes, and prepared ready-to-eat foods. Don't forget to treat yourself to some homemade soaps and lotions. There are even pet treats for your furry friends too!
Though we live in a relatively small area we are fortunate to have quite a few farmers markets in our area. Just another reason to love the areas of 30A and Destin! Make your way to one (or all) of these local farmers markets:
The 30A Farmers Market is an International Farmers Market Event, featuring foods from around the world, as well as wth delicious food from the South. 30A Farmers Market has weekly markets in three locations in South Walton:
30A Farmers Market at Rosemary Beach | Sundays 9am-1pm
30A Farmers Market at 30Avenue | Thursdays 9am-1pm
Grand Boulevard Farmers Market | Saturdays 9am-1pm
The Seaside Farmers Market is comprised of local growers and craftspeople who offer food and other products that are healthy and environmentally conscious. They have a weekly year-round schedule:
Seaside Amphitheater | Seasonal Hours:
Spring and Summer | Saturdays/Tuesdays 8am-12pm
Fall and Winter | Saturdays 9am-1pm
Best Wishes,
Jay P. Agnew
Team Leader
RE/MAX Beaches
P: 850.865.3711
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The Six Emotional Enemies Inside Your Mind
by Jim Rohn
What can destroy our ambitions, our fortunes, our relationships - our lives? The enemies lurking inside us, the ones we face from within, the ones we've got to destroy before they destroy us. There are six we must conquer:
1. Fear - We are not born with courage, but neither are we born with fear. Fears are valid, like walking alone in a bad part of town at 2 o'clock in the morning. But once we learn to avoid that situation, we won't need to live in fear of it.
2. Indifference - Some will say, "I'll just drift along." But here's one problem with drifting: We can't drift our way to the top of the mountain.
3. Indecision - Indecision is the thief of opportunity and enterprise. It will steal our chances for a better future.
4. Doubt - Sure, there's room for healthy skepticism. We can't believe everything. But we also can't let doubt take over. Doubt will destroy our lives and our chances of success. It will empty both our bank accounts and our hearts. Doubt is an enemy. Go after it. Get rid of it.
5. Worry - Here's what we've got to do with our worries: Drive them into a small corner. Whatever is out to get us, we've got to get it. Whatever is pushing on us, we've got to push back.
6. Timidity - Over-caution is the timid approach to life. If we let it go, it'll conquer us. We've got to avoid over-caution.
So, we must battle with the enemy, battle with fears, build our courage to fight what's holding us back, what's keeping us from our goals and dreams. We have to be courageous in our lives and in our pursuit of the things we want and the people we want to become.
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