Hall of Fame, 1999 - Averaged 10 million in sales 5 years in a row
Left: Lisa Sanford and President Alan Saabag
FAQ
Although it's difficult to speak in generalities when it comes to home improvements and having not seen your home, here are 5 makeovers that often make sense depending on your situation:
- Remodeling the Kitchen - Typically recover 80-125%
- Build a Patio or Deck - Typically recover 40-75%
- Add a Bathroom - Typically recover 80-125%
- Build a Garage - Typically recover 80-100%
- Add on a Room - Typically recover 40-75%
Please understand that this does not guarantee selling your home faster or recovering the above percentages, but it may aid in getting more buyers interested and therefore increase your home's visibility.
Although difficult to generalize, there are a number of features buyers look for which can enhance the marketability of your home including:
- An open floor plan and lots of windows
- A large kitchen
- A large family room and master bedroom suite
- At least 2 bathrooms
- Vaulted ceilings
- A porch or patio
Yes, new windows can help the sales ability especially if your current windows are in bad shape. The brand of windows is not that critical. Just as long as they are thermal pane and of good quality. You can probably get a few thousand more for your home. I don't know the exact recapture rate. It might be about 60%. You would probably sell more quickly with good thermal windows too.
Points are one-time fees that are charged by the lender and paid by the buyer or seller at closing. A point is 1% of the mortgage amount; for example, one point is $1,000 on a $100,000 loan.
In Kankakee County, Illinois, assessed values are published in the newspaper around November of each year. Once the assessed values are published, each property owner has 30 days to protest the value. The owner must fill out a form from the assessor's office (I have copies in my office) giving the reasons for the protest. One of the best reasons is if the owner paid less for the home that the market value on the assessed card. There is also space on the form to show what the values of 3 comparable homes are currently valued at the assessor's office. One of the services that I provide customers, is helping them fill out this form. Customers desiring help with this form need to contact my office (815-937-4370) at least 2 weeks before the assessors deadline for protesting the value.
