Remodels that Pay

July 6, 2018

Steel Doors
You don’t want to go cheap on a standard front door. At roughly $1,000, steel doors are comparatively affordable, durable, low maintenance and burglar resistant. As an added bonus, the National Association of Realtors® reports that steel door upgrades show the highest return on investment of any home remodel, at over 100 percent of the cost.

Solar Panels
As the price of solar panels continues to drop, the energy payback on installing them is becoming greater and greater. The average rooftop solar system is now paid off in seven and a half years. After that, panels are a big money-saving asset. A study by the Lawrence Berkeley National Laboratory notes that homebuyers “consistently have been willing to pay more for a property” with solar panels—a premium of around $4 per installed watt, on average.

Related: Will Your Homeowners Insurance Cover Solar Panels?

New Siding
The exterior of your house is the first thing potential homebuyers see when they come to your home, and you want to make the best first impression. This is part of the reason redoing your siding is so profitable. New siding recoups around 80 percent of the initial cost, according to the National Association of Realtors®, thanks largely to the increased curb appeal and improved energy efficiency it provides.

Broadband Access
Access to broadband speeds is considered an essential utility for today’s connected homebuyer. Research shows that faster internet speeds increase your home value by as much as 3 percent. Homeowners can prepare their homes for higher broadband connectivity by working with area providers to install requisite equipment and wiring. Building out wall ports and cable-hiding baseboards is a good move to attract buyers, too.

Even if you’re not considering selling your home just yet, keep potential selling benefits in mind. Intrepid homeowners know that the best remodels will increase both quality of life and listing price, so take care to invest in projects that will net the biggest returns.


Thanks for the memories Orlando!

March 7, 2018

Here’s a nice article from the Orlando Sentinal:

As a Canadian who has resided the past several winters in Florida and is now selling her property, I cannot leave without thanking this country.

The United States is a great nation. The people are wonderful, very kind, very caring, very generous.

I have been continually thankful for each day here. I leave with many happy memories.

May God continue to bless this country. May it continue to prosper.

Thank you. Paula G.


Remember to “Unfreeze” Your Credit

February 1, 2018

Following last year’s Equifax data breach, many people froze their credit-score accounts to safeguard them from potential identity theft. If you will be shopping for a home soon, you may face some hassles getting approved for a mortgage if you don’t remember to unfreeze your credit first.

Lenders tend to pull reports from the three main credit bureaus – Equifax, Experian and TransUnion – when approving a buyer for a mortgage.

You may want to take a day or two to unfreeze them before you apply, but definitely make sure they are all unfrozenbecause it could potentially cause an issue if (mortgage lenders) can only get one or two out of the three.

 

When you freeze a report, you’re often given a PIN that allows you to freeze or unfreeze the report at your own discretion. Or, you can contact the three nationwide credit bureaus to learn about unfreezing credit:

 


3 Florida cities in top 10 for Increase in Millennial Residents

January 31, 2018
ORLANDO, Fla. – Jan. 30, 2018 – Millennials make up a quarter of the nation’s population and are expected to have a huge influence over real estate in the coming years. But though the millennial population increased 4.7 percent between 2010 and 2015, according to Census data, the growth has not occurred evenly across geographic areas.

Cities with the highest growth in millennial population from 2010 to 2015

  • Colorado Springs: 14.7 percent growth
  • San Antonio: 14.4 percent
  • Denver: 12.8 percent
  • Orlando, Fla.: 12.7 percent
  • Honolulu: 12.2 percent
  • Austin: 11.8 percent
  • Cape Coral, Fla.: 11.7 percent
  • Houston: 11.7 percent
  • Sarasota, Fla.: 11.1 percent
  • Seattle: 10.8 percent

Cities with the highest share of millennials as of 2015

  • Provo-Orem, Utah: 30.4 percent
  • Austin, Texas: 27.2 percent
  • San Diego: 27 percent
  • Virginia Beach, Va.: 26.9 percent
  • Madison, Wis.: 26.8 percent
  • Colorado Springs, Colo.: 26.4 percent
  • Bakersfield, Calif.: 26.3 percent
  • Honolulu: 26.3 percent
  • Salt Lake City: 26.2 percent

The U.S. cities with the lowest increases in millennial populations are Birmingham, Ala. (–0.6 percent); Chicago (0.2 percent); Toledo, Ohio (0.5 percent); and St. Louis (0.9 percent).

Source: “Here’s Where Millennials Are Moving,” Curbed.com (Jan. 26, 2018)

© Copyright 2018 INFORMATION INC., Bethesda, MD (301) 215-4688


Celebration Lifelong Learning

January 24, 2018

Mission
The mission of Celebration Lifelong is to provide an
extraordinary educational and enriching program for
mature adults in Celebration and its environs. Dedicated to
intellectual growth, social interaction, and well-being of its
members, Celebration Lifelong is a membership program
that encourages those who are willing to volunteer their time
and talents to teach and develop courses and activities.
Celebration Lifelong is a community partnership program
with the Celebration Foundation and the Community
Residential Owners Association (CROA). The office is
at the Celebration Foundation on 610 Sycamore Street,
Office #110 in the Seminole Building and the courses
for members are held at Celebration Town Hall at 851
Celebration Avenue.
There are three sessions in the spring. Each session lasts
three weeks. This spring the sessions begin on: February 13,
March 13, and April 10. Most classes last one hour and
fifteen minutes and there are three classes for each course.
Courses meet on Tuesdays, Wednesdays, and Thursdays.
In addition, Tuesdays from 3:15 – 4:30 pm are devoted to
special lectures and events.

Click the link below to access the Spring 2018 Course Catalog:

https://celebrationfoundation.org/wp-content/uploads/2018/01/CLL_Spring2018_catalog_web_1-17-18.pdf


Home Improvement: Cost vs. Value

January 19, 2018

Nationally, when it comes to renovation ROI, curb appeal still wins out. Here are the top five projects with the greatest ROI in the report’s “midrange” cost category:

Manufactured Stone Veneer (97.1% ROI)

  • Average Cost: $8,221
  • Average Resale Value: $7,986

Entry Door Replacement (Steel) (91.3% ROI)

  • Average Cost: $1,471
  • Average Resale Value: $1,344

Deck Addition (Wood) (82.8% ROI)

  • Average Cost: $10,950
  • Average Resale Value: $9,065

Minor Kitchen Remodel (81.1% ROI)

  • Average Cost: $21,198
  • Average Resale Value: $17,193

Siding Replacement (76.7% ROI)

  • Average Cost: $15,072
  • Average Resale Value: $11,554

The top five projects with the greatest ROI in the report’s “upscale” cost category are:

Garage Door Replacement (98.3% ROI)

  • Average Cost: $3,470
  • Average Resale Value: $3,411

Window Replacement (Vinyl) (74.3% ROI)

  • Average Cost: $15,955
  • Average Resale Value: $11,855

Window Replacement (Wood) (69.5% ROI)

  • Average Cost: $19,391
  • Average Resale Value: $13,468

Grand Entrance (Fiberglass) (67.6% ROI)

  • Average Cost: $8,591
  • Average Resale Value: $5,809

Bathroom Remodel (56.2% ROI)

  • Average Cost: $61,662
  • Average Resale Value: $34,633

Nationally—and on the complete other end of the spectrum—here are the five projects with the lowest ROI in the “midrange” cost category:

Backyard Patio (47.6% ROI)

  • Average Cost: $54,130
  • Average Resale Value: $25,769

Master Suite Addition (56.6% ROI)

  • Average Cost: $123,420
  • Average Resale Value: $69,807

Major Kitchen Remodel (59% ROI)

  • Average Cost: $63,829
  • Average Resale Value: $37,637

Bathroom Addition (59.9% ROI)

  • Average Cost: $44,717
  • Average Resale Value: $26,769

Deck Addition (Composite) (63.6% ROI)

  • Average Cost: $17,668
  • Average Resale Value: $11,239

The five projects with the lowest ROI in the “upscale” cost category are:

Master Suite Addition (48.3% ROI)

  • Average Cost: $256,229
  • Average Resale Value: $123,797

Major Kitchen Remodel (53.5% ROI)

  • Average Cost: $125,721
  • Average Resale Value: $67,212

Bathroom Addition (54.6% ROI)

  • Average Cost: $83,869
  • Average Resale Value: $45,752

Bathroom Remodel (56.2% ROI)

  • Average Cost: $61,662
  • Average Resale Value: $34,633

Grand Entrance (Fiberglass) (67.6% ROI)

  • Average Cost: $8,591
  • Average Resale Value: $5,809

The 2018 Cost vs. Value Report compares, across 149 markets, the average cost of 21 popular remodeling projects with their average value at resale one year later. Average resale value is calculated based on estimates provided by real estate professionals. View the full report, including project descriptions and city-level data, by clicking the link below.

http://www.remodeling.hw.net/cost-vs-value/2018/


Celebration Marathon/Half Marathon Map

January 13, 2018

Celebration’s 5th Annual Marathon/Half MArathon will take place on Sunday, January 28th beginning at 7:00 am.

If you live in town, please cheer the runners/walkers on as they go by your home.

They appreciate the encouragement. Marathon Map 2018