If you need assistance, please call 480-207-3500

Terri Stewart
602-499-8606

Your Key To A Successful Remodel

Your Key To A Successful Remodel 

Are you looking for your dream home but nothing is quit right? Are you wanting to sell but your home but it first needs a little TLC? Or are you wanting to make an investment and get the biggest bang for you buck? We have the right partners, skills and knowledge to help you meet your remodel goals. No matter what your situation, we are here to help. 

Give us a call to discuss your home buying, selling, or investing goals today. 

Watch these 2 short videos to see the Grayhawk condo Blank Canvas before and the after Results!
  

Thank You Jeanine Mateo for your Interior Design expertise on the remodels listed here.  You can reach Jeanine at 602.690.5771 or jeaninemateo23@gmail.com.

Most Common Home Improvement Projects

Every year, Remodeling Magazine compares national average costs for popular remodeling projects with the value those projects retain when the homes sell. Each year this cost vs. value analysis turns up similar trends on which projects deliver the most return on investment (ROI).

  • Replacing your front door and garage door delivers 85-100% ROI due to their high functionality plus curb appeal.
  • Siding replacements and wood deck additions deliver 70-80% ROI.
  • A minor kitchen remodel will deliver 70-80% ROI, whereas a major kitchen remodel will deliver about 65% ROI.
  • Window replacement will deliver 68-78% ROI.
  • Roof replacement will deliver 60-70% ROI.
  • Bathroom remodel will deliver 60-70% ROI.

These are just a few examples of projects, and use national averages for mid-range homes. These numbers change based on region and city, as well as mid-range versus upscale homes.
Cited | Zillow

How Will I Pay For My Remodel?

If you’ve determined that your project’s ROI is suitable and you’re going to move forward with it, the most common ways to finance home improvements are:

  • Paying cash from savings
  • Using a Home Equity Line of Credit (HELOC), which is a second mortgage you can put on your home. It functions like a credit card in that you can draw on it (using a checkbook or credit card) when you need it. You can put a HELOC in place and leave it at a zero balance until you need it, and you’ll only ever have a monthly payment on the account if you use it. A lender can tell you more about obtaining and using a HELOC.
  • Doing a cash-out refinance of your existing first mortgage. This might result in a higher rate than you have today, since cash-out refinances can have higher rates than purchase loans or traditional refinances. Ask your lender to brief you on your options based on your profile.
  • Gift from family member. Gift tax is imposed on the donor, not the receiver, but most gifts can be given tax-free.
  • Credit card. This is the most expensive of all options listed here, and, unlike a HELOC, the interest you pay isn’t tax deductible.
Cited | Zillow

The Results Are In The Sales!

RTG REMODEL WINGSPAN BEFORE AND AFTER.png

RTG REMODEL 76th STREET  BEFORE AND AFTER.png


The RTT Home Group at RE/MAX Fine Properties
21000 N Pima Rd
Scottsdale, AZ 85255
480-207-3500

© 2019 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other than RE/MAX Fine Properties are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. June 17, 2019