Tag Archives: value

Increase the Value of Your Home

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You may be well on your way to achieving your new year’s resolutions, but what about resolutions for your home? Have you been putting off those remodeling projects for so long you forgot what you were even planning on doing? Here are some ideas that will help your house feel more like a home and also increase its value.

  1. Kitchen Remodel. Of course, you can easily spend thousands, even tens of thousands of dollars on a new kitchen, and perhaps this is something you’ve been wanting to do. However, be careful not to install a kitchen that outshines the rest of the house. Get the biggest bang for your buck by simply updating the paint color.

2017 trends are seeing bolder, more dramatic, colors in the whole house, including the kitchen. Also consider replacing old, worn out appliances with energy efficient ones. This attribute is definitely a plus, especially for potential buyers.

  1. Add a new Bathroom. According to HGTV, investing in an additional bathroom in your home can recoup you 80-130% when you’re ready to sell. It sounds like a great idea, right, but first you need to figure out where to put it. A half-bath requires at least 18 square feet of space and you’ll need at least 35 sq. ft. of space for a full bath.

What you do with that bathroom next is up to you. Prices vary greatly depending upon what kinds of fixtures and accessories you plan on using. The choices these days are virtually limitless. As far as overall style, vintage is in, but is it ever really out? Freestanding roll-top baths and classic brass fittings are hot items right now. If you’re on a budget, you can sometimes find them from salvage yards, restoration specialists or auctions.

If you want to try something completely different, play with a Mediterranean-inspired design. Think Spain, Portugal or Morocco and create a stunning room with hand-painted terra cotta and modern metallics.

  1. Repurpose a Space. Do you have a basement that’s been sitting empty and unfinished for years or perhaps an attic room or third bedroom that’s just become something of a hoarder’s nightmare? Then now’s the time to think of how you can best transform that space into something beautiful, livable and ultimately sellable.

A basement remodel can cost you an average of $64,000, according to Remodeling Magazine. However, imagine having your own in-house wet bar, gym, game/movie room. You might never want to leave the house. An attic or other unused room can be easily made into a craft room, office, yoga room or kids play room.

  1. Energy Efficiency. If you’d rather invest your dollars in ways to improve the value of the house without messing with the aesthetics, consider installing energy-efficient windows and insulation. You can save up to $2,500 each year, and the investment can be minimal. Extra insulation to your attic will only run you around $200 (depending on the size of your home), but will save you some serious green.

If you’re looking, not just to transform your current space, but build a new one, please call us at 210-494-5400 to set up a free consultation. If you wish to be added to our private email list for our newsletter, please sign up here.

 

San Antonio Real Estate Market Update – Summer 2015

It’s hard to believe we’re midway through the year! Here’s a look at where San Antonio stands in terms of the current real estate and economic market:

Even with the significant rainfall slowing construction of new homes and commercial buildings, everywhere you go it’s easy to see the growth that’s taking place in the city, particularly downtown, with condos, apartments and hotels sprouting up faster than weeds.

According to the San Antonio Business Journal, the West side of SA is also seeing a lot of growth with mixed-use developments becoming the “new frontier.” Just last month, KFW Engineers & Surveying, a local civil engineering firm, announced they will be building a multimillion-dollar headquarters off of Loop 1604.

According to Zillow, the median home value in San Antonio is now $153,600, which means our home values have gone up 8.7% over the past year and predictions indicate they will rise another 2.8% within the next year. Already the median price of homes currently listed is $189,900.

Some may view this growth as a negative, particularly if you’re wanting to buy and miss the cheap rates of just a few years ago. However, you can also look at it as San Antonio is finally rising to its potential.

Bexar County added almost 5,000 new jobs last year with another 4,000 likely to be added by the end of this year. Forecasters are claiming the city’s “new energy economy” is responsible for this significant growth.

In particular, CPS Energy’s New Energy Economy Initiative has been a primary catalyst – they’ve brought in seven new companies into the Alamo city, which translates into 1,000 new jobs and an estimated income of more than $40 million.

If this kind of growth in the tech / energy industries continues, San Antonio will be put on the map for more than just the Spurs and River Walk. At Stone Creek Custom Homes, we’re excited to see the bar being raised and are more than ready to meet the challenge!

We believe there’s no better time to consider building a custom home than right now. For more information, please call us today at 210-494-5400.