Friday, January 8, 2016

What’s In/Out for Lexington Homes This Year

Lexington Home Improvements with High ROI
Are you thinking about remodeling or upgrading your Lexington home this year? Do you want to sell your Lexington home later in the year and hope to increase the value of it? As your Lexington real estate agent, I am here to fill you in on what’s in and what’s out in home décor, and which home projects will give you the best return on investment when you sell!

First off, if you want to upgrade your home and score a significant return on investment from it, here are the home projects that are your best bet, according to RISMedia:
  • Replace your front door with a steel door. This yields a ROI of 101.8 percent!
  • Replace your fireplace with a new fireplace. This yields a ROI of 91 percent.
  • Remodel your kitchen. This yields a ROI of 85 percent.
  • Turn an attic into a bedroom. This yields a ROI of 83 percent.
  • Replace the siding on your home’s exterior. This yields a ROI of 80.7 percent.
  • Replace your home’s windows. This yields a ROI of 77 percent.
  • Add an upscale garage to your home. This yields a ROI of 54.7 percent.
  • Remodel your home office. This yields a ROI of 50 percent.
  • Add a sunroom to your home. This yields a ROI of 48.5 percent.
  • Remodel your home office. This yields a ROI of 50 percent.
  • Add a master suite to your home. This yields a ROI of 40 percent.
For more details on these renovations, additions and ROI factors, check out the RISMedia infographic. When choosing a home project, make sure it is one that you want and one that will give you ROI once you’re ready to sell.

If you want to update the home décor inside your Lexington home, here’s what Realtor Magazine says in in for 2016:
  • Black metal, normally just seen on outdoor furniture, is coming inside as simple hardware, bathroom fixtures and flatware, and being blended into glass and wood.
  • Curvy home décor, such as rounded tables and other curvy furnishings add a new aesthetic value and soften hard materials, like marble.
  • Old-world style, such as brocades, tapestries, Georgian and Empire antiques, fringe, cording and tassels. Homeowners are incorporating these into their modern décor, blending the two.
  • Scandinavian flat weaves, which add a geometric composition and sophistication to a room with otherwise neutral décor. They can be used in modern or traditional spaces.
The Realtor Magazine article says that what’s out in home décor is rosy metallic, the industrial look, and sisal and jute fiber rugs.

Have fun updating or remodeling your Lexington home this year! When ready to sell your Lexington home, or when ready to buy a Lexington home, contact me. As your Lexington real estate agent, I am here and ready to help you with one or both of those 2016 real estate goals!

Theresa D'Antuono

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