Posted by: Mya in Holly Springs, Community on
02/04/10
Children's summer camp registration for Holly Springs residents opens Saturday, Feb. 6 at 8 a.m. Non-residents can register beginning Feb. 22 if space is available.
A completed registration packet is required for each child. Camps fill up fast, so register early.
For more information about fees and registration visit Hunt Community Center for a registration packet or call Julie Tew at (919) 557-9603.
Cary NC - Real Estate Blog. Judicious home remodeling is still worth the investment, according to Remodeling magazine's annual "Cost vs. Value Report."
Uncertainty and restraint are the order of the day in this economy, and that sense of caution is reflected in home owners’ return on their investment in remodeling projects, according to REALTORS® in 80 metropolitan markets surveyed by Remodelingmagazine for this year’s Cost vs. Value Report.
The majority of the 10 remodeling projects with the best return on investment nationally are a testament to pragmatism. Six of the 10 projects—siding and window replacement using a variety of materials—involve home maintenance that costs less than $14,000. This is something of high interest to those entering the Cary NC Real Estate market.
Two more—adding an attic bedroom or a wood deck—reinforce the notion that boosting the amount of livable space in and around your home will attract buyers who are increasingly looking for more room for their buck. In past years, converting an attic into a bedroom was a project that landed squarely in the middle of the rankings, but this year it leapfrogged over other categories into third place. It’s an admittedly pricey project, with an average national cost of nearly $50,000, but it generates an average national return of 83.1 percent and a better-than-100 percent return on investment, according to REALTORS® in 14 of the 80 cities surveyed. Holly Springs Realtors like Mike Montpetit also have great tips on renovations. Adding a wood deck is much more economical, with an average national cost of slightly more than $10,000. Its average national return is 80.6 percent, but in six cities, its return is estimated at 100 percent or greater.
The six siding and window home maintenance projects in the top 10, combined with the project with the biggest return on investment—a mid-range entry door replacement—prove something that every sales associate tells sellers throughout the country: First impressions count. A mid-range entry door replacement, a project new to the survey this year, is the only home remodeling project that REALTORS® expect to generate a full return for the money nationally. This is important for the homes for sale in Cary NC. It’s the least expensive of the 33 projects included in the analysis, yet it brings a whopping average national return on investment of 128.9 percent. It generates a better-than-100 percent return in 48 of the 80 cities, according to REALTORS® surveyed, and in several cities, its return is estimated at more than double its cost.
Additional data prove the value of restraint. Upgrading kitchens and baths is still a smart bet. However, home owners will recoup the greatest share of their costs by foregoing super-deluxe projects in favor of mid-range kitchen and bath remodels. For more information ask your Town & Country Cary NC Realtor. A mid-range kitchen remodel brings an average 72.1 percent return on investment, while an upscale kitchen re-do returns only an average of 63.2 percent of the money invested. A mid-range bathroom project has an average 71 percent cost recovery, but the average recovery on an upscale bathroom project is nearly 10 points lower, at 61.6 percent.
The only upscale projects that cracked the top 10 were the home maintenance projects of fiber-cement siding replacement and vinyl window replacement. The average cost of fiber-cement siding is more than $13,000, but its return on investment reached 83.6 percent, placing it squarely in second place in the survey. The average cost of vinyl window replacement is nearly $14,000, and it generates an average return of 76.5 percent, or tenth place in the survey. Of the 12 upscale projects, nine landed in the bottom half.
Overall, home owners recouped an average of 63.8 percent of their investment in 33 different home improvement projects, according to REALTORS® who responded to the survey. This is important for real estate in Cary NC. The expected cost recoup was generally down from previous years in line with the drop in home prices nationally (see page 23). The return on home owners’ investment in remodeling projects has declined an average of 3.5 percentage points between 2008 and 2009. That’s down from the 2.7 point drop between 2007 and 2008 and much less than the 5.5 point drop between 2006 and 2007 and the 10.5 point drop from 2005 to 2006.
Zooming in from the national to the city level, Honolulu sits atop the rankings for having the most projects—18—that generate at least a full return on investment. In Honolulu, adding a wood deck, completing a minor kitchen remodel, adding fiber-cement siding, and replacing an entry door bring the highest returns, ranging from 121.1 to 195.3 percent return on investment. San Francisco is closest behind with 10 projects generating at least a full return on investment. Adding a master suite, doing a minor kitchen remodel, and replacing an entry door have the biggest returns, producing between 112.2 and 119.1 percent return on investment.
View 2009-10 Cost Vs. Value Report. Data courtesy of Remodeling Magazine
Cary NC - Real Estate Blog - Existing-home sales rose in November as first-time buyers rushed to close sales before the original November 30 deadline for the recently extended and expanded tax credit, according to the National Association of REALTORS ® (NAR).
Existing-home sales—including single-family, townhomes, condominiums and co-ops—rose 7.4%. At this pace, 6.54 million homes will sell by year’s end.
CARY, NC – Real Estate Blog - The snow is falling in Cary, and the Town of Cary’s Snow Fighters have been out in full force targeting Cary’s main roads, bridges, significant hills and historically icy spots with brine. There have been no storm-related traffic accidents reported thus far in Cary.
"We are gearing up to begin spreading sand and salt," said Town of Cary Public Works Director Scott Hecht. "We have the supplies, the people, and the plan – everything necessary to do our best with the situation that develops."
Upon moving to the triangle area, new resident often find themselves questioned by their new friends and neighbors - Duke or UNC? Whether you choose to cheer for the Blue Devils or the Tar Heels, you can be proud that your school has contributed to Raleigh-Durham being ranked as America's Smartest City by The Daily Beast.