America’s Next Top Remodel? The adage has always been that if you want to add value to your property with a remodel, the kitchen and bathrooms are always going to give you the best return on your investment. But, is that really the case?
Fireside Market Update
All home renovations increase a home’s value to some extent. However, according to Zillow’s statistics, here are the returns for each dollar spent on common remodels:
Ready, Set, Holiday!
Mid-Range Bathroom Remodel: $1.71 recovered (gain) Mid-Range Window Replacement: $1.15 recovered (gain) Family Room Addition: $1.07 recovered (gain) Mid-Range Kitchen Remodel: $0.52 recovered (loss)
So, if you are trying to maximize added value to your home, a mid-range bathroom remodel will give you the most bang for your buck. Need some help with deciding what to remodel before selling? Give Kevin a call today! KEVIN OWENS, REALTOR® Your Fireside at Desert Ridge Real Estate Specialist
480.217.9184
kevin@fineAZliving.com www.fineAZliving.com
Pat Reiniger Licensed Mortgage Professional
NMLS#180859 | NMLS# 93718 | BK# 0906222 Homeowners Financial Group USA, LLC
480.305.8562
preiniger@homeownersfg.com | homeownersfg.com
ADDRESS
SQFT
BED BATH LIST PRICE
1,444 1,444 1,875 2,388 2,802 2,933 2,415 2,933 3,566 3,537 3,802 3,984 4,051 3,992 2,829
3 3 3 4 3 4 4 4 5 5 5 5 5 4 4
2.5 2.5 2.5 3 2.5 2.5 3 2.5 4.5 3.5 4.5 3.5 4.5 3.5 2.5
$319,000 $329,000 $355,000 $479,900 $485,000 $524,900 $525,000 $550,000 $660,000 $680,000 $694,900 $729,900 $750,000 $789,900 $585,000
$220.91 $227.84 $189.33 $200.96 $173.09 $178.96 $217.39 $187.52 $185.08 $192.25 $182.77 $183.21 $185.14 $197.87 $206.79
Pending 3640 E Covey Ln 3810 E Ember Glow Way 3750 E Matthew Dr 3822 E Matthew Dr 3823 E Matthew Dr 21411 N 37th Run
1,654 1,875 2,100 2,829 2,975 3,812
3 3 4 4 4 4
2.5 2.5 2 2.5 2.5 3.5
$319,500 $359,500 $475,000 $489,900 $564,900 $650,000
$193.17 $191.73 $226.19 $173.17 $189.88 $170.51
Sold 3954 E Melinda Dr 21136 N 36th Pl 3686 E Covey Ln 3747 E Zachary Dr 3742 E Ringtail Way 3768 E Matthew Dr 3718 E Matthew Dr 21215 N 38th PL 3709 E Cat Balue Dr 3776 E Covey Ln 21721 N 37th St 3653 E Sinclair St
1,519 1,875 1,911 2,415 2,208 2,975 3,566 4,049 3,736 3,812 4,302 4,248
2 3 3 4 3 4 5 5 5 4 5 6
2.5 2.5 2.5 3 2 2.5 4.5 4.5 4.5 3.5 4.5 4.5
$289,000 $330,000 $335,000 $480,000 $499,000 $589,900 $599,900 $695,000 $750,000 $725,000 $779,900 $875,000
$287,000 $190.26 / $188.94 $315,000 $176.00 / $168.00 $331,000 $175.30 / $173.21 $480,000 $198.76 / $198.76 $495,000 $226.00 / $224.18 $565,000 $198.29 / $189.92 $595,000 $168.23 / $166.85 $680,000 $171.65 / $167.94 $715,000 $200.75 / $191.38 $720,000 $190.19 / $188.88 $765,000 $181.29 / $177.82 $820,000 $205.98 / $193.03
Active 3631 E Zachary Dr 3953 E Melinda Dr 949 E Melinda Dr 21118 N 37th Run 3839 E Matthew Dr 21624 N 39th Way 3758 E Ringtail Way 3830 E Half Hitch Pl 21531 N 39th Ter 3710 E Zachary Dr 21228 N 38th Pl 21819 N 37th Ter 3920 E Covey Ln 3752 E Covey Ln 3847 E Matthew Dr
SOLD PRICE
LIST/SOLD PER SQFT
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Fireside
NOVEMBER | DECEMBER 2015
FIREDR
YOUR FIRESIDE REAL ESTATE SPECIALIST
L I F E S T Y L E
ISSN-1939-943X Produced by Desert Lifestyle Publishing • 480.460.0996 • www.DesertLifestyle.net
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