Renovations: New Kitchen or New Roof?

When it comes to big renovations many homeowners want to invest in a new kitchen or updated bathroom which makes sense, buyers are looking for these spaces to be modernized, and they both top the list of home renovations that pay off, with a nice return on your investment.

house blog

But when it comes time to sell keep this in mind, if the roof is leaking or the plumbing is faulty, many buyers will have trouble moving beyond those issues.

Before focusing on granite countertops and steam showers, make sure the furnace and plumbing are in order. A new roof and windows will return 80 percent or more at resale, while siding replacement can recoup 90 percent of its cost.

Home Improvements Stand Out

Basic maintenance of a home is not the fun part, but it’s important to make sure it’s all in good order before spending the big bucks on big projects, homes with up-to-date maintenance items will stand out, compared to a home without these updates.

kitchen blog

Projects That Pay Off

When people are buying a home, they usually focus on kitchens and baths, and it’s something they’ll splurge for.

In a hot housing market it’s an excellent investment, a kitchen can make or break a sale. Your kitchen renovation should earn around a 70 percent return on investment, depending on features and how much you spend.

A couple things to keep in mind, don’t over personalize the space or spend more on the remodeling project than your home value can support.  Ideally you can spend between 6 and 10 percent of the total home value and get fair return.

bathroom blog


An updated master bath with that spa look and feel hooks many buyers; they love the clean, stylish updated bathrooms with a large shower, his and her sinks or new tub. The bathroom remodel does add value to a home and can recoup nearly 60 percent.

Low on the List

Which projects should you skip or keep low on your list? Pools rarely return their cost, a lot of buyers see them as something they’ll have to maintain and home offices, while popular with many people working from home these days do not generate a big return.



2016 Summer Luxury Report and Forecast

Lake Norman Area Experiences Another Surge.

Read our latest 2016 Summer Luxury Report and Forecast for all the details.

summer luxury Ivester Jackson Christie's International Real Estate, Lake Norman, Charlotte, North Caorlina
Click Photo to Read Latest Summer Luxury Report



Recent Significant Sales

20927 Bethelwood Lane – $2.75m  20927 bethelwood
Lori Ivester Jackson

20305 Enclave Oaks Court – $2.9
002_Front - Dusk
Lori Ivester Jackson
Tracy Davis

16920 Harbor Master Cove – $3.8m
harbor master small
Reed Jackson
Patty Howe
Lori Ivester Jackson

2838 Abersham Loop Road $1.675
097_Rear View - Sunset
Lori Ivester Jackson
Alison Smith

16746 Belle Isle Drive $2.6
Tracy Davis

19209 Hidden Cove $1.3

19209 hidden cove
Pam Boileau

235 Falmouth Rd  $2.3
235 falmouth
Doris Nash
Jessica Simpson

106 Greyfriars Rd $1.2
106 Greyfriars
Doris Nash
Jessica Simpson

2077 Willow Cove Lane  $995,000

207 willow cove
Susan Dolan