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Thursday, May 28, 2015
Wednesday, May 27, 2015
Remodel a Bathroom on any budget
Remodeling the bathroom is one of the best investments you can make as an owner of Salt Lake City UT real estate -- whether you're planning to live in your home for ten years or sell it within the next five. In fact, improving the atmosphere and functionality of the bathroom offers a huge benefit, especially if you're starting with a cramped or outdated space. The biggest question, of course, is: How much budget do you have for your remodel? Not everyone can spend tens of thousands of dollars on a bathroom remodel So here are some projects that will improve your bathroom, whether you have a budget of $1,000 or $10,000:
$1,000 Price Range:
A budget that caps at $1,000 doesn't give you a lot of room to hire professionals. You're going to have to do most of the work yourself -- except when it comes to plumbing and electrical work. That's best left to the professionals, and letting them handle it will save you money and hassle in the long run anyhow. Focus on the smaller DIY improvements that will revitalize and renew the bathroom's appearance. Some projects to consider are:
Repainting the walls: If your bathroom walls are looking particularly drab, then adding a fresh coat of paint could do a lot for the room. Choose a shade that brings it into the 21st century and creates a welcoming, relaxing atmosphere. Make sure it matches your linens so you don't have to replace those as well.
New tiling: Think about the tile in your bathroom, maybe the wall behind your bathtub or on the floor. If it's cracked or outdated, now might be a good time to replace it. Vinyl and ceramic tile is quite affordable -- costing anywhere between $2 and $5 per square foot, depending on the design. Generally, you'll pay around $400 for 200 square feet of tile. Plus, you'll have to lay it yourself. In comparison, professional tile installation averages around $900 to $2,100 -- way outside your budget.
Transitional Bathroom by Temac Development, Inc. in Chandler, AZ
Additional storage: Depending on the size of your bathroom, you might want to look at how you can optimize storage. Think about a new medicine cabinet, baskets or a standing shelf if your bathroom has the room. You could spend anywhere between $100 and $200 on storage depending on which kind you decide to install.
Regrouting: To make your bathtub or shower look fresher and cleaner, regrout the tile. Scrub with a brush and a bleach solution. If you can't get the debris off, think about removing the grout and reapplying a new layer. The cost of grout is about $20.
New exhaust fan: The exhaust fan in your bathroom helps prevent mildew and mold growth. If the exhaust fan is worn down and not running properly anymore, it's time to replace it. The cost of a new bath fan averages at about $100, but it's a worthwhile investment to avoid mildew growth.
Green showerhead: How much money are you paying for water right now? Do you like long, luxurious showers? To avoid cutting down your time in the hot water, think about replacing your showerhead with its green alternative. Low-flow showerheads can cost as little as $50 and are easy to install. Plus, you can still get high water pressure.
New faucet: Another investment you can make in your bathroom is to replace your faucet. A new faucet can really change the look of your sink and cut down costs on your water bill as well, depending on which one you choose. Most faucets cost about $50 to start, though the best types will cost upwards of $100. If you want an efficient faucet, keep an eye out for the Watersense LOGO.
$10,000 Price Range:
When you have a more sizeable budget, you don't have to rely so much on your two hands to do the work. You can hire local contractors for some of the projects in the bathroom, which saves you a lot of time and hassle. That doesn't mean you can have the bathroom gutted and completely remodeled, though. A project like that will cost upwards of $22,000. But at least you can make some more major changes to the room including:
Granite countertops: Granite countertops have always been a popular investment for kitchens and bathrooms. However, they can cost a lot of money -- about $3,100. So to save a few dollars, choose granite that has imperfections or countertops in neutral colors.
New accessories: Little accessories can make a big impact. Maybe it's the overhead lighting, towel racks or drawer handles in the vanity. While these seem insignificant, together they can drastically increase the appeal and atmosphere of the bathroom. Do not replace your lighting fixtures on your own, but changing out bulbs with their LED or CFL alternatives is okay -- and it cuts down on your electricity costs.
Contemporary Bathroom by TBT Services, LLC
Refinishing fixtures: While you might think about replacing one or two of your bathroom fixtures, you shouldn't try to replace all of them. Instead, think about refinishing some of your fixtures like the sink, shower and bathtub. If they're made of cast iron, porcelain or fiberglass, this is a cheap investment with great results. Your fixtures will look almost brand new for a fraction of the cost to replace them. For example, the cost to refinish a bathtub is $300 on the low end and $1,000 on the high end, as compared to replacing it for $2,200 on average.
More green updates: There are a lot of green updates you can make around the bathroom to save money on your utility bill. As reiterated before, CFL and LED lighting helps, as do low-flow showerheads and Watersense faucets. In addition, you can invest in dual-flush or no-flush waterless toilets, also under the Watersense label.
Conclusion
Bathroom remodeling doesn't have to be an expensive investment. Despite your budget, there are always ways to save and still end up with a new, revitalized space. If you don't have the budget to do what you want in the bathroom, you can at least make a few adjustments until you're ready to gut the space for more major changes.
Search for homes for sale in Utah (click here)
$1,000 Price Range:
A budget that caps at $1,000 doesn't give you a lot of room to hire professionals. You're going to have to do most of the work yourself -- except when it comes to plumbing and electrical work. That's best left to the professionals, and letting them handle it will save you money and hassle in the long run anyhow. Focus on the smaller DIY improvements that will revitalize and renew the bathroom's appearance. Some projects to consider are:
Repainting the walls: If your bathroom walls are looking particularly drab, then adding a fresh coat of paint could do a lot for the room. Choose a shade that brings it into the 21st century and creates a welcoming, relaxing atmosphere. Make sure it matches your linens so you don't have to replace those as well.New tiling: Think about the tile in your bathroom, maybe the wall behind your bathtub or on the floor. If it's cracked or outdated, now might be a good time to replace it. Vinyl and ceramic tile is quite affordable -- costing anywhere between $2 and $5 per square foot, depending on the design. Generally, you'll pay around $400 for 200 square feet of tile. Plus, you'll have to lay it yourself. In comparison, professional tile installation averages around $900 to $2,100 -- way outside your budget. Transitional Bathroom by Temac Development, Inc. in Chandler, AZ Additional storage: Depending on the size of your bathroom, you might want to look at how you can optimize storage. Think about a new medicine cabinet, baskets or a standing shelf if your bathroom has the room. You could spend anywhere between $100 and $200 on storage depending on which kind you decide to install.Regrouting: To make your bathtub or shower look fresher and cleaner, regrout the tile. Scrub with a brush and a bleach solution. If you can't get the debris off, think about removing the grout and reapplying a new layer. The cost of grout is about $20.New exhaust fan: The exhaust fan in your bathroom helps prevent mildew and mold growth. If the exhaust fan is worn down and not running properly anymore, it's time to replace it. The cost of a new bath fan averages at about $100, but it's a worthwhile investment to avoid mildew growth.Green showerhead: How much money are you paying for water right now? Do you like long, luxurious showers? To avoid cutting down your time in the hot water, think about replacing your showerhead with its green alternative. Low-flow showerheads can cost as little as $50 and are easy to install. Plus, you can still get high water pressure.New faucet: Another investment you can make in your bathroom is to replace your faucet. A new faucet can really change the look of your sink and cut down costs on your water bill as well, depending on which one you choose. Most faucets cost about $50 to start, though the best types will cost upwards of $100. If you want an efficient faucet, keep an eye out for the Watersense LOGO.$10,000 Price Range:
When you have a more sizeable budget, you don't have to rely so much on your two hands to do the work. You can hire local contractors for some of the projects in the bathroom, which saves you a lot of time and hassle. That doesn't mean you can have the bathroom gutted and completely remodeled, though. A project like that will cost upwards of $22,000. But at least you can make some more major changes to the room including:
Granite countertops: Granite countertops have always been a popular investment for kitchens and bathrooms. However, they can cost a lot of money -- about $3,100. So to save a few dollars, choose granite that has imperfections or countertops in neutral colors.New accessories: Little accessories can make a big impact. Maybe it's the overhead lighting, towel racks or drawer handles in the vanity. While these seem insignificant, together they can drastically increase the appeal and atmosphere of the bathroom. Do not replace your lighting fixtures on your own, but changing out bulbs with their LED or CFL alternatives is okay -- and it cuts down on your electricity costs. Contemporary Bathroom by TBT Services, LLC Refinishing fixtures: While you might think about replacing one or two of your bathroom fixtures, you shouldn't try to replace all of them. Instead, think about refinishing some of your fixtures like the sink, shower and bathtub. If they're made of cast iron, porcelain or fiberglass, this is a cheap investment with great results. Your fixtures will look almost brand new for a fraction of the cost to replace them. For example, the cost to refinish a bathtub is $300 on the low end and $1,000 on the high end, as compared to replacing it for $2,200 on average.More green updates: There are a lot of green updates you can make around the bathroom to save money on your utility bill. As reiterated before, CFL and LED lighting helps, as do low-flow showerheads and Watersense faucets. In addition, you can invest in dual-flush or no-flush waterless toilets, also under the Watersense label.Conclusion
Bathroom remodeling doesn't have to be an expensive investment. Despite your budget, there are always ways to save and still end up with a new, revitalized space. If you don't have the budget to do what you want in the bathroom, you can at least make a few adjustments until you're ready to gut the space for more major changes.
Search for homes for sale in Utah (click here)
| Andrea Davis is the editor for HomeAdvisor, which helps homeowners find home improvement professionals in their area at no charge to ensure the best service in the shortest amount of time. |
Tuesday, May 19, 2015
Wednesday, May 13, 2015
Salt Lake City UT Real Estate Market Conditions
Salt Lake City UT REAL ESTATE
April 2015
Salt Lake City UT real estate is highly desired and a great investment. At the end of April 2015 there were 4732 single family homes on the market of which 46% of these are pending sale, leaving 2556 single family homes available that were not being sold short. 373 homes in Salt Lake City UT are Short Sales which are excluded from this report.
INVENTORY
The low inventory and low interest rates are contributing to higher prices for Salt Lake City UT real estate. This month 969 homes sold in Sandy, UT and the Sellers got 98% of what they originally asked. The bulk of the homes sold were between $200-400k and it took 16 days on average to find a buyer willing to pay what the seller would accept. With Spring nearly in full season its taking less time to find a buyer because homes between $200-400k that just went under contract this month were only on the market on average thirteen days. 116 homes between 401-800k also went under contract and those homes had only been on the market for 33 days before finding a buyer.NEW CONSTRUCTION
New Home permits are a fantastic tool to forecast the real estate market. Salt Lake County issued 151 permits in the month of April 2015. This is down from the two previous years indicating a potentially soft year ahead. In the past ten years the month of April had a county wide high of 405 housing starts in 2006 and a low of 110 in 2011. One could argue that the low in 2011 was caused by the great recession and the high was caused by stated income loans, but going back to 1990 there are trends that appear to repeat themselves. Following key construction permit activity is an important facet of forecasting the market and I would enjoy sharing the details, specific to where your real estate is located, of the data I track.NATIONWIDE OUTLOOK
The nationwide mortgage delinquency rate fell to an eight-year low following its largest month-over-month decline in nine years, according to Black Knight Financial Services' "First Look" at Mortgage Data for March 2015 released Wednesday. The delinquency rate (percentage of residential mortgage loans 30 days or more past due but not in foreclosure) dropped to 4.70 percent for March (approximately 2.38 million loans), the first time the rate has been below 5 percent since August 2007. Top economist like Lawrence Yun and David Crowe feel housing demand will fuel the market through next year.CONCLUSION
Salt Lake City UT real estate is in demand and a prudent investment. If you're buying top economist say the short housing supply will continue for several years which arguably gives you confidence that values will hold strong long after you have closed. If you're selling a property now is a good time. An experienced agent can create marketing that creates value for a buyer so you can yield great results. I look forward to discussing buying or selling homes for sale in utah or in Salt Lake City UT, simply call Darrell at 801-262-9985. Interesting facets of Salt Lake City UT real estate:- Salt Lake City UT is located in Salt Lake City and has a real hometown feel with friendly residents.
- Salt Lake City UT is the ultimate base camp. No where else in the world has a better proximity to as wide a variety of mountain sports and outdoor recreation, and metropolitan conveniences and amenities.
- Salt Lake City UT is is 22.3 square miles and at the foot of two wonderful canyons and renowned ski areas. In minutes you can be in Big Cottonwood or Little Cottonwood Canyon that offer convenient camping, excellent hiking, and the greatest snow on earth.
- Salt Lake City UT has been recognized by several national organizations for excellent planning and building code effectiveness.
- Sandy offers a wide variety of activities from Golf, Trails and other Outdoor Activities to great Restaurants and Shopping.
- Canyons District students are known for their accomplishments, which span from academic and athletic state championships to scholarships. In 2012, graduating students earned $19.5 million in scholarship offerings and won seven state championships.
- Salt Lake City UT has an good business base and is a meca of upper income residents.
- Salt Lake City UT has a professional Police Department with committed to quality of life through the development and implementation of specialty units.
- Salt Lake City UT has excellent and well developed parks and recreation facilities.
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