When considering a remodeling job for your Thomasville home for sale in an effort to increase value, it’s hard to decide what should be done. Well, this isn’t exactly true. If your carpet is old, matted and outdated, for instance, you might want to start there. Grungy wooden kitchen cabinets? That’s another starting place.
However, if your Thomasville home for sale is in darn good condition (if you do say so yourself) and you’re not being noticed by buyers, you just might be asking, “What can I do to improve?”
Well, for frustrated, confused homeowners, there is good news. You don’t have to guess. Twenty-two years ago, Remodeling magazine, with cooperation from REALTOR® Magazine, began publishing an annual “Cost vs. Value Report.” This report covers 33 possible home remodeling projects over 80 cities.
The recouped cost for many of these projects has been slowly declining since 2006 or, in some cases, rapidly dropping. However, the recently released 2009-10 Cost vs. Value Report for home remodeling shows some surprising increases.
If you just look at the trends from 2008-09 to 2009-10, you might think any type of addition or change would be a waste of money. When looking over the report, though, pay attention to the recouped cost. For instance, a little red arrow says a wooden deck addition is dropping in resale value, while the recouped cost is still 80.6%. Not bad in a hard buyer’s market.
If you don’t want to look at the report, I understand – it’s a lot of numbers. So, I’ve summarized some of the important bits for you:
Recouped cost of 75% or above
♦ Attic bedroom – 83% (up from 2008)
♦ Basement remodel – 75.4% (up)
♦ Wooden deck addition – 80.6% (up)
♦ Steel entry door replacement – 128.9% (up)
♦ Minor kitchen remodel – 78.3% (down)
♦ Vinyl siding replacement – 79.9% (down)
♦ Vinyl window replacement – 76.6% (down)
♦ Foam-backed vinyl siding replacement – 79.0% (down)
♦ Fiber-cement siding replacement – 83.6% (down)
♦ Vinyl window replacement – 76.5% (down)
Rising Trends from 2008 – 2009/10
♦ Fiberglass grand entrance
♦ Roofing replacement
♦ Steel entry door replacement
♦ Fiberglass entry door replacement
♦ Attic remodel
♦ Backup power generator
♦ Attic bedroom
So, where will you get the best bang for your buck for home remodeling? The trends say replacements. Buyers want security (steel doors), shelter (roofing) and energy savers (windows). They want the exterior to look good for less work (siding) and maybe an extra guest or child bedroom (attic). The great thing for you is: they’re willing to pay for it.
If you’re still wondering whether you’re remodeling the right area of your Thomasville home for sale, read the report.
If you’d like to sell your home or are looking for a new home that’s already been remodeled (or that you can remodel), First Thomasville Realty can help. Call us today at 229-226-6515 or email us at info@FTRealty.com for more information.




Have you ever seen a child right after a huge chewing gum bubble pops on his face? A mess everywhere, eyes wide, mouth in an “O” – rather reminiscent of the real estate industry when its own bubble popped. Homeowners panicked and began trying to sell their Thomasville homes.
Owners of Thomasville homes for sale are wondering, “What are buyers looking for?” This is especially true if the home has been on the market for a while. Well, homeowners aren’t the only ones. Several companies, including Better Homes and Gardens and
At the end of 2009, there were about
In my years as a real estate agent, I’ve learned a lot from people and Thomasville real estate. Oddly enough, the main thing I’ve learned is that homes are a lot like people…
Advice for home sellers is everywhere! Turn on the TV, radio, or computer and you’re practically bombarded with ideas on how to prepare your Thomasville real estate to get it sold.
Many real estate aficionados worried that the ending of the homebuyer tax credits would mean an end to sales. However, a new
You may just be targeting the wrong market. Young families, Gen-Xers and 30-somethings tend to want to move into a Thomasville home with high technology: expensive items like home theatres or home automation. Older buyers, however, have a frugal mindset, are often on a fixed income, and have a different set of requirements for their potential Thomasville home.
As I’m sure you know, the real estate industry is in a down market, and the last thing you want to do is pay commission to a Thomasville real estate agent. Not to mention that you’re almost positive you can sell your home just fine on your own. Before sticking a “For Sale by Owner” sign up, however, make sure you’re ready for the work and headaches.
For homeowners getting ready to put their Thomasville homes on the market, here are a few stunningly-easy tips to help get your home sold faster and maybe even for more money.
When it comes to buying a residence, most probable buyers will utilize the listing price to as the number one feature to determine the residences that they look at. Even though you and a REALTOR might determine the asking price, the buyer will determine the selling price. If the price is too high, most buyers won’t give it a second consideration – which is why you want to influence the list price carefully.
So, you’ve decided you want to sell your house. You know it qualifies as one of those “ugly houses,” but you don’t want to do any work to your home. You especially don’t want to do major repairs or updates like replacing all the
Did you know that cash could be hiding in your Thomasville condo? If you are sixty-two or older, you may be able to qualify for a reverse mortgage, and never have to make a mortgage payment as long as you live in the home. Let me tell you a little more about a reverse mortgage:
“Use a picture. It’s worth a thousand words.” – Arthur Brisbane
The government’s first-time and repeat-buyer tax credits gave homeowners with Thomasville homes for sale a lot of hope. The potential for getting their homes sold seemed infinitely higher. The credit expires today though, and many homes are still on the market. If yours is one of them, what should you do?
When people meet you for the first time, their first impression is usually a lasting one. You also never get a second chance to make that first impression when you’re selling your Thomasville real estate. You need to present your home at its very best all the time.
The real estate market is shifting toward some definite trends that may affect your home for sale in Thomasville. Since 2006, the median cost of a home has dropped almost 30%. The good news, according Moody’s 
April has a lot of important and semi-important dates in it. The tax deadline, Good Friday and Easter are just a few. What is April 5th, though, and what does it have to do with Thomasville homes for sale? Well, the biggest news is that the government has stepped into real estate and short sales.
When you’re ready to sell your Thomasville real estate, you want to make sure it’s attractive to potential buyers. A fresh coat of paint can do wonders for your home, but with all the