Chicago Relocation

Get Out the Hammer!

December 12, 2008

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As reported in realtor magazine moderately priced upgrades STILL result in significant paybacks.  So whether relocating to of from Chicago a little investment before selling your home can pay big dividends.  And we ALL need  dividends in today’s marketplace!  It was noted that these improvements take away many of the tactics that buyers use in this market – nitpicking about small things.  If you’ve already redone the kitchen cabinets or powder room, their reason for asking for a $10,000 bathroom redo credit mysteriously disappears.

The top ten project paybacks are:
1. Upscale fiber cement siding (86.7%)
2. Midrange wood deck (81.8%)
3. Midrange vinyl siding (80.7%)
4. Upscale foam-backed vinyl (80.4%)
5. Midrange minor kitchen remodel (79.5%)
6. Upscale vinyl window replacement (79.2%)
7. Midrange wood window replacement (77.7%)
8. Midrange vinyl window replacement (77.2%)
9. Upscale wood window replacement (76.5%
10. Midrange major kitchen remodel (76.0%)

The entire article goes into many specific examples that are worth a closer look! So get out that hammer!


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