HotelDel DownTown Sunset

 

 

Greetings from Jennifer Ross -  Realtor

 

Homemade Pizza I remodeled my kitchen recently and have a new zest for cooking!   My son Eliot and his friends have TREMENDOUS appetites, so I  thought I'd give homemade pizza a whirl (and yes, I attempted to flip the dough up in the air). To my surprise it was easy and so NUMMY!  This photo is my "Garbage Pizza" creation!  One half with pesto sauce, the other half tomato sauce on crust, topped with Canadian ham, pineapple, sliced tomatoes, black olives, red & gold peppers, broccoli, red onion, goat and mozzarella cheese.  A fun dinner to create  with friends and let everyone add their own toppings.  Click here for the Quick and Easy Pizza Crust recipe from Allrecipes.com.

Salute,

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News & Views 

  

The Case/Shiller home price index reported that home prices rose for the fourth consecutive month. The index, which measures prices in 20 metropolitan markets including San Diego, rose by 0.9 percent.

 

5 Worst Home Fixes For The Money  

  

It's the magic phrase uttered by almost anyone who's ever considered the cost of home remodeling: "We'll get it back when we sell."  Unless you keep those projects practical, though, you might just be kidding yourself.


Every year, Remodeling magazine looks at the hottest home upgrades and renovations and calculates just how much owners get back with they sell.  Upkeep is more popular than upgrades these days, says Sal Alfano, editorial director for Remodeling. These are the projects that often recoup the biggest slice of expenses at resale. But prices and returns do vary regionally, he says.


Here are the six improvements that rank dead last nationally when it comes to getting those renovation dollars back at resale.


Home office remodel.  The standard home office renovation, -- complete with plenty of built-in storage and high-tech wiring -- is this year's biggest loser in the resale value sweepstakes.  

Nationally, homeowners spent an average of $28,888 and can expect to recoup about 45.8 percent at resale, according to the report.


Alfano offers two tips for home-office remodelers when they sell. First, opt for something that can be easily converted back into a bedroom or den for (or by) the next buyer.  Second, when you're selling, call it a study, den or hobby room. "There's lots of call for multipurpose space. Don't lock yourself into that one use," Alfano says. Don't use words that invoke images of actual work. Or the office. 


Sunroom addition.  Your first clue: The word "addition" -- which means expanding the footprint of your home -- indicates that this is not a renovation for the faint of heart (or wallet). "It's one of the more expensive projects," Alfano says.

 

While it seems simple enough, the national average for a sunroom addition is $75,224, according to the report. Homeowners can expect to recoup about 48.6 percent when they sell.


Upscale master suite addition.  For a super-deluxe master suite addition -- which adds square footage and uses only top-dollar materials -- the average cost is about $232,062, according to the report.

 

In years past, this project was "sort of a trend in vacation homes" that migrated to primary dwellings, Alfano says. Sellers can expect to recover about 52.7 percent at resale.


Bathroom addition.  Bathroom additions require serious coin. For a moderately outfitted addition with synthetic stone or plastic laminate surfaces, figure parting with about $21,695, according to the Remodeling report. Go upscale, with finishes like premium marble or fine tile, and you can easily spend in the neighborhood of $40,710.

 

Either way, you get about the same return: 53 cents on the dollar. "In the buyer's mind, the additional bathroom isn't worth that additional $20,000 to $40,000," Keim says.


Upscale garage addition.  It would have all the organizational built-ins, and a durable, easy-to-clean floor to ensure it would never be messy again. And windows for natural light.

 

The price tag for a top-of-the-line detached two-car with all the trimmings is about $90,053, according to the report. You can expect to recover about 53.6 percent of that when you sell.  "This one is completely decked out on the inside," says Alfano. "It's a dream garage."  And that's likely some of the problem with recovering the value at resale. Says Keim, "You've got a very small target audience out there that wants an upscale garage."

 

Courtesy of BankRate.com.

 

Video of the Week

 

Donut Seeds Donut seeds

This hilarious video from The World's Strongest Redneck teaches us how to grow donuts.

 

Famous Quotes
 

People are always blaming their circumstances for what they are. I don't believe in circumstances. The people who get on in this world are the people who get up and look for the circumstances they want, and if they can't find them, they make them.
George Bernard Shaw

 

As always, feel free to give me a call 800-913-7677 with your real estate needs.  I appreciate your referrals.
 
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Acedemic Earth 

Jennifer Ross

 

Experience Counts!
Over 22 years in
Real Estate sales
Serving all of San Diego

 

Office: 800.913.7677
Direct: 619.985.7340
JennRossRealtor@gmail.com

 

 

 

Current Mortage Rates

 (BankRate.com weekly avg)

 30 yr fixed: 4.3%

15 yr fixed: 3.47%

 

 

 

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