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Posts tagged ‘garage door’

Hurricanes and your Home – A Quiz

Hurricane Season is upon us. Do you know how to protect your home if a hurricane hits? Take this short quiz.

1. Your homeowners insurance won’t cover damage to your home if a named storm hits.

2. Hurricane insurance is like flood insurance – there’s nothing you can do to lower the cost.

3. First aid supplies, flashlight, water and food, and changes of clothing are all that is needed in your emergency grab-and-go bag in the event of a hurricane.

4. Your roof  is the place in your home that is most vulnerable to hurricane damage.

5. Boarding up or taping windows will prevent them from being damaged.

Answers. All of the above statements are false.

1. Few policies exclude named storms. The time to check for exclusions is before a hurricane hits. You may need to add a hurricane insurance policy – costs range from $300 to $20,000 depending on the value of your home and the level of risk.

2. Your agent will be able to determine if you can lower the cost of your hurricane insurance by doing some simple things like installing storm shutters or garage door braces.

3. You should include an inventory of the items in your home, a backup drive for the files on your computers, your important papers like insurance documents and deeds and birth certificates (or scanned copies of them on a USB key),

4. Your garage door is the most vulnerable place. Most don’t provide a tight seal, and they open at ground level – perfect for water to get in.

5. Boarding up and taping windows will prevent shards of broken glass from hurting the people inside, and will help to keep the window, although broken, intact, therefore preventing wind and rain from further damaging the interior.

So how did you do? Are you ready for Hurricane Season?

What home improvements actually increase the value of your home?

Spring isn’t far off, and lots of Union County residents are thinking about getting their homes ready to sell. Which home improvements actually pay off in terms of increased selling price?

You may have heard homeowners saying that they’ll recover the cost of a certain home improvement when they sell the house. The truth is, some home improvements are worth more than others.

Does the house have a pool? A fourth bedroom? Marble tile? Hardwood floors? A fireplace? These things typically add to the value for a buyer. Some of the amenities that might increase the sale price might be worth adding to your home in advance of selling it. If you can afford to update your home before you sell it, it will bring in a better price.

Remodeling Magazine and the National Association of Realtors produce a collaborative report on improving a home before sale every year. This report is called the Remodeling Cost vs. Value Report and it compares construction costs with resale values.

The 2011-2011 Remodeling Cost vs. Value Report indicates that, nationally, replacing the front door of a home results in a 102 percent profit over the cost of replacing the door, on average. In other words, one can expect to recoup $102 dollar for every $100 spent on a new door, on average nationally. Similarly, replacing a garage door results in an 84 percent recovery of cost. Replacing siding results in a national average of 80 percent recovery of cost.  (Source: http://realtormag.realtor.org/home-and-design/cost-vs-value/article/2011/01/2011-cost-vs-value-help-clients-stretch-their-remo)

Adding a 16 by 20 foot deck using pressure treated joists and including a built in bench and planter with stairs and railings returns about 73 percent of cost nationally.(Source: http://realtormag.realtor.org/home-and-design/cost-vs-value/article/2011/01/2011-cost-vs-value-help-clients-stretch-their-remo)

According to the 2010-2011Remodeling Cost vs. Value Report, remodeling a minor mid-range kitchen returns about 73 percent of its investment but a major remodeling recovers about 60 percent.(Source: http://www.inman.com/buyers-sellers/columnists/dianhymer/make-cost-effective-home-improvements)

This post is part of an eBook on selling your home that can be obtained for free by emailing TeamZuhl@gmail.com.

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