It can be a significant factor in qualifying for CHAP tax credits if you are currently considering a full renovation of the exterior of the home. If you submit renovation plans to baltimore City CHAP department for removal of the formstone and repointing, coupled with new wooden windows, and the use of historic approved exterior paint colors, you could qualify for a 10 yr tax credit for the improved value of the home. From a resale standpoint, buyers in your market prefer a return to the orginal brick exterior. Youthful buyers find the formstone less attractive and that it reminds them of an era long ago. If you plan to sell in the near future, updates in your interior are always going to come first in terms of priority. But, if you have the extra cash now to make the improvements, change the exterior to attract the most potential buyers!... more
Hi Khloe, that will depend on your roof, and the access it may already have -- or how access will be gotten. Indoor access? Just from the outside with a spiral staircase?
Your best bet is to contact a few contractors who do those. If your neighbors have them, ask them who did their work -- and if they liked them!
Keller Williams Excellence Realty... more
It is VERY hard to answer that question, because there are so many variables. Trex or wood, vinyl or iron handrails, through roof access or outside stairs, on and on.
By and large, people downtown are spending anywhere from $4,000.00 to potentially $15,000.00 on these decks and even MORE if you really want to put some bells and whistles on it. Its all in the finishes.
I would be glad to help with the entire project, from estimating, project management, helping you find and get a contractor under a legal contract, of course the Renovation Financing and even stay with you until the project is finished.
Please contact me if I could be of any assistance. :)
A nice master bath with extra clothes closet and separate shower is a nice amenity and can make the house more desirable over a house without this luxury. Usually improvements like baths and kitchens will add value to a home, but, in this market appraisals are getting tighter and it could cost you in the end.
What you need to find out is if you do the improvement will it bring you up to what other houses in the area have to offer or put you ahead of other houses.
Be careful of the costs involved. It is possible to over improve for the area. If adding the upgrade puts you at the top of the selling price point, then it may not be worth doing the higher improvement. If the higher improvements bring you up to what your competition is then it may be worth it.
If you plan on moving maybe the 8K improvement would be more cost effective if done right.... more