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Cheap Tampa Bay Home Improvements That Pay Off

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Consider these cost-vs.-value findings on the cheapest and most cost-effective Tampa Bay home improvement projects if you’re thinking about doing some improvements on your home.

According to the Remodeling 2017 Cost vs. Value Report (www.costvsvalue.com), there are three home improvement projects for Tampa Bay homeowners that cost only $ 1,317, $ 1,368 and $ 1,649, but will
bring a resale value of 155%, 80% and 101%, respectively.

The following three cheap home improvement projects bring in the most resale value for Tampa Bay homeowners, according to the report:

1. Attic insulation using fiberglass loosefill
Cost is $ 1,317.
Resale value is 155% of the cost.

2. Entry door replacement using steel unit
Cost is $ 1,368.
Resale value is 80% of the cost.

3. Garage door replacement
Cost is $ 1,649
Resale value is 100% of the cost.

Job costs were estimated by RemodelMAX and resale values were computed using estimates given by nearly 4,000 real estate professionals surveyed in 2015.

Here are short descriptions of the home improvement projects:

Attic insulation using fiberglass loosefill

To prevent air leakage, a 35-by-30 attic floor is air-sealed. The attic is further insulated by fiberglass loosefill to reach an insulation value of R-30.

Entry door replacement using steel unit

The existing entry door is replaced with a new factory-finished 20-gauge steel unit and the existing locket set is replaced with a new bored-lock.

Garage door replacement

The existing garage door is replaced with a new 4-section single-layer garage door on new galvanized steel tracks. The new door uses galvanized steel hinges and nylon rollers.

Two other relatively-not-so-expensive home improvement projects that pay off well, according to the report, are the following:

4. Replacement of front facade’s vinyl siding with manufactured stone veneer
Cost is 7,870.
Resale value is 88% of the cost.

5. Minor Kitchen Remodel
Cost is 19,613.
Resale value is 85% of the cost.

Manufactured stone veneer involves removing existing vinyl siding from the bottom third of the front facade and replacing it with manufactured stone veneer.

Minor kitchen remodel involves replacing the fronts of old cabinetry, drawers and countertops with new shaker-style wood panels and hardware.
Replacement of cooktop and refrigerator with new energy-efficient models, installation of new sink and faucet and replacement of flooring and wall covering are also done.

Are the most cost-effective home improvements in Tampa Bay also the same in other US cities?

Yes, the five home improvements described above are also the most cost-effective in other US cities, but with different costs and resale value percentages.

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Recent Posts

  • Irene Sandiego, Tampa4u Realtor — Past Home Sales
  • Compare the 4 Most Popular Low-Down-Payment Home Loans
  • It’s March! The Best Month for Tampa Home Sellers to List
  • Builders Fulfill Homebuyers’ Desire for Large Open-Floor-Plan Homes
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General Tampa Area

Today, Tampa is part of the metropolitan area most commonly referred to as the Tampa Bay Area. For U.S. Census purposes, Tampa is part of the Tampa-St. Petersburg-Clearwater, Florida Metropolitan Statistical Area. The four-county area is composed of roughly 2.9 million residents, making it the second largest metropolitan statistical area (MSA) in the state, and the fourth largest in the Southeastern United States, behind Miami, Washington, D.C. and Atlanta.[14] The Greater Tampa Bay area has over 4 million residents and generally includes the Tampa and Sarasota metro areas.

Tampa Areas

The city is divided into many neighborhoods, many of which were towns and unincorporated communities annexed by the growing city. Generally, the city is divided into the following areas: Downtown Tampa, New Tampa, West Tampa, East Tampa, North Tampa, and South Tampa. Well-known neighborhoods include Ybor City, Forest Hills, Ballast Point, Sulphur Springs, Seminole Heights, Tampa Heights, Palma Ceia, Hyde Park, Davis Islands, Tampa Palms, College Hill, and non-residential areas of Gary and the Westshore Business District.

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