Welcome back to Part 2 of our series exploring 2 more popular midrange home-remodeling projects. Check out how their return on investment (ROI) benefits homeowners in varied locations throughout the United States as stated in the Remodeling 2016 Cost vs. Value Report (www.costvsvalue.com). See below for 2015 data related to homes located in Tampa, Florida, as well as Regional and National estimates. For the ROI in eight specific Florida cities, be sure to go to www.remodeling.hw.net.
Entry Door Replacement (steel) – Remove existing 3-0/6-8 entry door and jambs and replace with new 20-gauge steel unit, including clear dual-pane half-glass panel, jambs, and aluminum threshold with composite stop. Door is factory finished with same color both sides. Exterior brick-mold and 2.5-inch interior colonial or ranch casings in poplar or equal prefinished to match door color. Replace existing lockset with new bored-lock in brass or antique-brass finish.
| Tampa | Job Cost: $1,298 | Resale Value: $1,461 | ROI: 112.6% |
| South Atlantic | Job Cost: $1,293 | Resale Value: $1,267 | ROI: 98.0% |
| National | Job Cost: $1,335 | Resale Value: $1,217 | ROI: 91.1% |
Garage Door Replacement – Remove and dispose of existing 16×7 foot garage door and tracks. Install new 4-section garage door on new galvanized steel tracks: reuse existing motorized opener. New door is insulated, single-layer, embossed steel with two coats of baked-on paint, galvanized steel hinges, and nylon rollers. 10-year limited warranty.
| Tampa | Job Cost: $1,554 | Resale Value: $1,176 | ROI: 75.7% |
| South Atlantic | Job Cost: $1,561 | Resale Value: $1,517 | ROI: 97.2% |
| National | Job Cost: $1,652 | Resale Value: $1,512 | ROI: 91.5% |
We hope you found this post to be helpful, informative and interesting… Watch for our next BLOG POST on June 30th as we continue this series. To learn more about Tampa Bay area homes for sale in Spring Hill and Brooksville, located in Hernando County, Florida, visit us @ www.GailSellsFloridaHomes.com… Be sure to check out our custom, state-of-the-art, MLS Map Search Feature, which you’ll find to be fully functional on any and all of your devices!
Until then… it’s all about YOU!Source: Remodeling Magazine, 2016 Cost vs. Value Report, Mid-Range Projects
Copyright 2016 Hanley Wood Media Inc. Complete data from the Remodeling 2016 Cost vs. Value Report can be downloaded free at www.costvsvalue.com.