Found 3 blog entries tagged as Renovations.

Renovate, reduce, and receive; renovate your home, reduce your carbon footprint, and receive tax breaks, it is all possible thanks to the 2022 Inflation Reduction Act (IRA) and other related local laws. You may be able to save thousands of dollars annually and according to the IRS, it is estimated that up to nine million people missed out on these benefits in 2021. Let's break down how you can be saving in taxes, in bills, while reducing your carbon footprint. 

Tax Incentive Terms to Know:

One of the reasons people do not take advantage of tax incentives is lack of understanding of the terminology. Here are some terms you need to know.

  • Tax Credit: These are direct reductions in your tax bill.

  • Tax Incentive: These, like other…

808 Views, 0 Comments

Read Full Post

One of the questions we get asked most frequently from sellers is, "Should I update my home before selling it?" The reason so many sellers ask is that they are concerned that either they will lose money if they don't update or that they don't have the money they would need to make the updates and are concerned that we're going to "require" them to do so. We could possibly rank this as the most misunderstood element of home selling by sellers. Certain updates will impact the value of your home more than others. Certain curb appeal, low cost, elements help it attract more buyer attention. While expensive renovations are largely unlikely to recoup the money spent, let's go over what is and is not an update you should make in this month's Ask a…

334 Views, 0 Comments

Read Full Post

Top Real Estate Renovations

Top Home Renovations/Improvements

With so much time indoors in 2020, we know many of our clients are looking for ways to get more enjoyment out of their home. As you prioritize your remodel plans or wishes, it is always a good idea to consider the potential resale value. With nearly 75 years of combined residential real estate experience, we have seen renovations that help sell a home and increase it's market value, as well as renovations that limit a home's broad market appeal in equal measure. While many sellers are under the false impression that renovation projects such as major kitchen and bath remodels, master suite additions, and swimming pools, will substantially increase the value of their home and this isn't always the case. Major…

1326 Views, 0 Comments

Read Full Post