Remodeling ROI

Our clients constantly ask us to come to their homes and tell them which remodeling or updating projects they should consider before listing their homes with us.

Well, “that depends,” we say.

Whether you’re dying to update your kitchen, add a half-bath, or kick back on a brand-new deck, it pays off big-time to know just what kind of return on investment your dream renovation might deliver.

You’re in luck. Remodeling magazine has just released its annual Cost vs. Value report, which analyzes what you’ll pay for various upgrades – and how much you’ll recoup on that investment when you sell your home.

There wasn’t much change between the 2016 and the 2017 report. What did change is the value of pricier project rose, reflecting the fact the housing market is healthier than ever.

Still, the perennial chart toppers for ROI are the cheapest to pull off. For the past two years, the top finisher was installing loose-fill fiberglass insulation in the attic. Not exactly sexy, but boy, is it cost-effective!

The biggest take-away for home sellers is the fact that the attic insulation is the ONLY renovation that brings over 100% ROI and the remainder typically won’t pay them back in full.

What we do see is that many homeowners have deferred maintenance and haven’t updated their homes for years, if not decades. They have a tough choice to make: sell “as-is, (which is a misnomer since ALL real estate sold in the state of CA is sold as is, per the purchase contract) or do a few updates to bring the home to its market ready, competitive best.

I recommend a consultation with your Realtor to look at the comparabel home sales to determnine what your home will sell for and then move forward accordingly.

P.S. Note: I work with extraordinary contractors, flooring professionals and other seasoned service providers that will, on a case-by-case basis, get paid out of escrow.

5 Ways to Stop Procrastinating

What am I waiting for? A question on a napkin with a cup of coffee.

It’s a new year! Here are 5 ways to stop procrastinating:

Do the Worst Thing First

Attack the hardest task when your energy is fresh and you give yourself the strongest chance of success.

Start Your Day Over at 2 p.m.

At 2 p.m. every day, assess how much you’ve accomplished, remind yourself of what’s critical, and alter your plan so you can tackle the most important thing.

Race the Clock

Having trouble even beginning a burdensome project? Try the old trick of setting a timer for 10 minutes. Work in a focused, perhaps even frantic manner for that short stretch, and watch what happens.

Don’t Interrupt Yourself

If you get pulled away from tasks by every ding, whistle, and ring on your digital devices, well, you’re like most of us. But keep in mind that other people aren’t interrupting you; you are interrupting yourself.

Create an Audience

It’s easy to blow things off when your commitment to yourself is the only thing at stake. But make yourself accountable to a friend and suddenly potential embarrassment becomes a powerful motivator.

SOURCE

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Need to find a real estate agent near Walnut Creek CA? Dayna Wilson serves the East Bay communities of Orinda, Lafayette, Moraga, Walnut Creek, Alamo, Danville, Pleasant Hill, Concord, Clayton and Martinez. A certified Seniors Real Estate Specialist ®, Dayna helps boomers and seniors with the financial and emotional challenges encountered when selling a long-held family home.

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Digging Deeper for my 65+ clients: My SRES® designation

Digging Deeper for my 65+ clients: My SRES® designation is much more than a set of letters after my name.

Digging Deeper for my 65+ clients: My SRES® designation

Digging Deeper for my 65+ clients: My SRES® designation

To me, serving as a Seniors Real Estate Specialist is a heartfelt commitment to those older home owners and their families in my community.  I have found working with Boomers and Betters is my calling and I’m constantly looking for new paths to consider taking that will allow me to offer assistance extending beyond selling and buying homes. My Concierge Services have grown to include preparing and selling the long-held family home, estate liquidation, downsizing and packing, relocation and unpacking…and much more. Dayna Wilson Real Estate acts as project manager, handling all services and providers to provide a more holistic approach to a later in life transition. We can even help you with staying put, if that’s your current preference. Moving is never easy. And, if you or your parents haven’t done it in awhile, or need a bit of extra help, there are folks who can make it easier. I humbly recommend your first call be to your local, trusted Seniors Real Estate Specialist!

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