Friday, March 9, 2018

5 Home Improvement Projects That Give You the Best Return on Investment in 2018




Here are five great ways to add value to your home, and five more that generally don’t pay off as well.

By: Matthew Frankel – The Motley Fool

Are you considering doing some home improvements this year? Doing a home remodel has a double benefit -- you not only get to enjoy a new kitchen, patio, or other improvement, but you can also add value to your home.
However, not all remodeling projects give you the same return on investment. The average home remodeling project added just 56.8% of its cost to the value of the home in 2017, according to Remodeling's 2018 Cost vs.Value report, which analyzed 20 common professional remodeling projects.
On the other hand, if you spend your home improvement dollars on one of these high-return projects, you could greatly improve the quality of your home while substantially increasing its value.

The top five cost-versus-value remodeling projects of 2018

Project
Cost
Resale Value Added
Cost Recouped
Garage door replacement (upscale)
$3,470
$3,411
98.3%
Manufactured stone veneer (midrange)
$8,221
$7,986
97.1%
Deck addition -- wood (midrange)
$10,950
$9,065
82.8%
Minor kitchen remodel (midrange)
$21,198
$17,193
81.1%
Siding replacement (midrange)
$15,072
$11,554
76.7%


Don't expect a huge return from these five projects

On the other end of the spectrum, some projects generally don't add nearly as much value to your home:
Project
Cost
Resale Value Added
Cost Recouped
Backyard patio (midrange)
$54,130
$25,769
47.6%
Master suite addition (upscale)
$256,229
$123,797
48.3%
Major kitchen remodel (upscale)
$125,721
$67,212
53.5%
Bathroom addition (upscale)
$83,869
$45,752
54.6%
Bathroom remodel (upscale)
$61,662
$34,633
56.2%

General trends to notice

There are two general trends to notice in these charts.
First, exterior projects that create "curb appeal" generally produce higher returns than interior projects. Of the highest-return projects, four of the five are exterior modifications. And of the lowest-return projects, all five are either interior projects, or projects hidden away from view, such as the backyard patio. This certainly makes sense -- curb appeal doesn't just add value to your home, but it can help it sell more quickly, too.
Second, if you want to add value, don't go too over the top. Midrange projects tend to add more value, in percentage terms, than upscale ones. All four interior projects on the low-return list are of the upscale variety, and notice the huge gap in returns between a minor mid-range kitchen remodel and a major upscale kitchen remodel.

Every project and location is different

As a final thought, keep in mind that these figures are just based on national averages, and that your particular project could have significantly different results. For example, a minor kitchen remodel is not likely to add much value if the existing kitchen is just fine. On the other hand, if the existing kitchen is falling apart, your return could be even more than the 76.7% indicated on the chart.
Geography can play a role as well. In warmer climates, outdoor spaces such as backyard patios and even swimming pools can add far more value than they do in markets where they're useful only a few months out of the year.
Also, in "hotter" real estate markets, remodeling projects tend to deliver more value. For example, of the 149 U.S. markets the report tracked, an upscale garage door replacement returned more than 100% of its value in 46 of them. In fact, of the 20 projects examined in the report, 18 of them delivered more value than their cost in at least one U.S. market. (Note that Remodeling's report contains an infographic that breaks down the data geographically.)
The bottom line is that while these trends can certainly be useful when planning your next remodeling project, be sure to consider the specifics of your own situation as well.

Give Jinks Realty a Call (956) 429-3232 or Visit our Website www.JinksRealty.com for all Your Real Estate Needs.

 
#HomeForSaleMcallen #JinksRealty #McallenHomes #RgvHomes #RealEstate #RioGrandeValley #Edinburg #JinksRealtyTeam #EdinburgRealEstate #Mcallen #Mission #home #RGV

Wednesday, March 7, 2018

🔥 Hot 🔥 New Listing - Home For Sale 1506 E 29th Street Mission TX 78574











🔥🏠 🔥 HOT NEW LISTING 🔥🏠 🔥

 Home For Sale 1506 E 29th Street Mission TX 78574


4
2
0
2005
2595
1 
Mission
Heritage Park
Hidalgo
Mission ISD
Mims
Mission Junior High
Veterans Memorial H.S.

Hot New Listing - Home For Sale 1506 E 29th Street Mission TX 78574 - $229,000
WILL NOT LAST! Magnificent, move-in-ready large home featuring 4 spacious bedroom and a gorgeous must-see kitchen! This home is very reasonably priced and ready for its new family! Call (956) 429-3232 for a viewing appointment.



#JinksRealtyTeam #JinksRealty #McallenRealEstate #EdinburgRealEstate

Monday, March 5, 2018

Land For Sale 7122 E Rodgers Road Edinburg, TX 78542



Land For Sale 7122 E Rodgers Road Edinburg, TX 78542


Residential Single Family
Residential
Level
70567
1.62
Edinburg
Tex-Mex Survey
Hidalgo
Edinburg ISD
Eisenhower
Memorial
Economedes H.S.
 

Land For Sale 7122 E Rodgers Road Edinburg, TX 78542 - Come build your dream home in the country but minutes from town!! 

List Price: $75,000

More Information: www.JinksRealty.com

  #JinksRealty #rgvhomes #riograndevalley #JinksRealtyTeam #Texas #casas #bienesraices

Wednesday, February 28, 2018

Yard Makeovers That Will Get You Back Outside

By:   dreamcasa .org

The yard is not the first word that comes to mind when contemplating home improvements. People tend to put the majority of care on the inside of the house, especially in cold climates. It’s understandable given how much more time is spent indoors. We prioritize a cozy bedroom, functional kitchen, and stylish living room. Often times even finishing the basement takes precedence over any major landscaping.

The problem with focusing solely on the inside of the house is vitamin D deficiency. We thrive in the outdoors and it’s hard to convince your kids to go outside if you have a comfortable sectional and state of the art entertainment system.
The best way to incentivize your family to spend more time outdoors is by giving your yard a makeover. If the yard is more inviting, it will motivate you to have your morning coffee outside, plan more family BBQ’s, or just curl up with a book, as opposed to sitting in front of the TV, gorging yourself with salt and sugar.

Consider some of these yard makeovers that will inspire you to spend more time outside, you won’t regret it.

1) Garden
While it may seem like a lot of work, studies show that working your garden is therapeutic. It’s certainly a sure fire way to spend more time outside out of necessity. Depending on your personality, the items you can grow are limitless. You can plant flower beds and give your yard a splash of bright, beautiful color. Alternatively, there are few things more satisfying than eating homegrown produce, it will save you on groceries too.

2) Swimming Pool
A sure fire way to get your kids in the yard is building a swimming pool. With a nice stonework to compliment with a waterfall, you will not be adverse to joining and enjoying the ambiance, even if you’re not in the mood to take a dip.

3) Deck
A brand new deck and BBQ is great motivation to have dinner outside and host weekend BBQ’s. To ensure optimal use, make sure you don’t skimp on the lawn furniture. A comfortable inviting patio set is the difference between your kids running back inside as soon as they’re done eating and spending quality time with you.

4) Pergola
Pergolas are a great option to entertain without breaking the bank on an expensive deck. They add a lot of visual pleasure to the yard, which can be enhanced by intertwining vines all around it and hanging plants around the exterior and even inside. Pergolas are an ideal complement to a beautiful garden.

5) Swing set
If you have young kids, putting in a swing set will ensure they are getting plenty of sun, fresh air, and exercise. You’ll also be forced to spend more time outside by default, in order to monitor them. All the more reason to make sure you incorporate comfortable loungers.

6) Relaxing Features
It’s important to incorporate relaxing features to ensure your garden is serene and provides a pleasurable environment. Calming scents are vital to relaxation; incorporate fragrant plants like lavender. Audio elements are also important, running water is very soothing. This can be incorporated by building a waterfall, however, a more budget-friendly option would be to purchase or build a fountain.

Give Jinks Realty a Call (956) 429-3232 to Help You with all your Real Estate Needs.

Tuesday, February 27, 2018

Fun Night for the Jinks Realty Team


The Jinks Realty Team is having a night of Food, Drinks and Fun at the Jinks Realty Office in Edinburg Texas.










When People Succeed They Party, When People Fail They Ponder!





#JinksRealty #McallenRealEstate #EdinburgRealEstate

Monday, February 26, 2018

Want to know what your home is worth here in the Valley?

Want to know what your home is worth here in the Rio Grande Valley? 
It may be worth more than you think. 

"Click our Link below for a Free Valuation"