Ranking Home Renovation Resale Values

first_imgSign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days ago Ranking Home Renovation Resale Values in Daily Dose, Featured, Journal, Market Studies, News January 16, 2018 3,481 Views Share Save Demand Propels Home Prices Upward 2 days ago Subscribe  Print This Post Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago A recent report by the National Association of Home Builders revealed that high home prices limited housing availability are leading more homeowners to stay put and renovate their existing homes. Now Remodeling magazine is providing some hard data about just what those renovations could mean when it comes time to sell those homes.Remodeling has released its 2018 Cost vs. Value Report, which “compares average cost for 21 popular remodeling projects in 149 markets with the value those projects retain at resale in 100 U.S. markets.” Topping the list, with an average of 98.3 percent of cost recouped at resale, is garage door replacement. That job costs an average of $3,470, according to Remodeling, and has an average resale value of $3,411.Rounding out the rest of the top 10 projects that retain the most value at resale are:Manufactured Stone Veneer—97.1 percentEntry Door Replacement (steel)—91.3 percentDeck Addition (wood)—82.8 percentMinor Kitchen Remodel—81.1 percentSiding Replacement—76.7 percentWindow Replacement (vinyl)—74.3 percentUniversal Design Bathroom—70.6 percentBathroom Remodel—70.1 percentWindow Replacement (wood)—69.5 percentThe average payback for 20 of the most common remodeling projects declined year-over-year, dropping from 57.9 percent in 2016 to 56.8 percent in 2017. According to Remodeling, “That’s mainly because the cost of doing those projects went up for all 20, while values rose for only about two-thirds of them.”Remodeling expects prices for building materials to continue trending upwards in 2018, especially given the spate of natural disasters affecting various portions of the country in the last half of 2017, from hurricanes to wildfires to mudslides. Remodeling’s report adds, “Expect, as well, an even greater shortage of skilled workers in disaster-struck markets as those workers struggle to fix up their own homes and employers feel pressure to respond with pay hikes.”For its 2018 Cost vs. Value Report, Remodeling used construction cost estimates generated by RemodelMAX and Clear Estimates remodeling software. According to Remodeling, “Construction cost figures include labor, material, and subtrade expenses, plus industry-standard overhead and profit. Note that project costs are based on estimates for generic projects. They do not account for personalized design and product choices made by homeowners in connection with actual remodeling projects, nor do they account for local and short-term fluctuations in pricing, supply and demand, and other factors affecting cost.”Resale value data for each project was based on estimates from more than 4,600 real estate professionals, provided via an online survey conducted by Hanley Wood between August and October, 2017. The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / Ranking Home Renovation Resale Values The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Cost vs. Value Report home renovation remodeling remodeling magazine resale value 2018-01-16 David Wharton About Author: David Wharton Previous: Mortgage Delinquencies Up, Still Below 15-Year Averages Next: After Delay, Powell and Montgomery Noms Proceed to Full Senate The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Tagged with: Cost vs. Value Report home renovation remodeling remodeling magazine resale value Servicers Navigate the Post-Pandemic World 2 days ago Related Articleslast_img read more

FSSA Names New Leadership Team For The Division Of Mental Health And Addiction

first_imgThe Indiana Family and Social Services Administration  announced that Zionsville resident Jay Chaudhary, J.D., will serve as the next director of the Indiana Division of Mental Health and Addiction. Chaudhary (pronounced CHAW-dree) begins in his new role on September 9. He replaces Kevin Moore, who retired in April after 35 years of state service. FSSA also announced Rachel Halleck will serve as DMHA deputy director and the division’s chief of staff.“We are excited to welcome Jay and Rachel to continue the build on the momentum of DMHA in serving Hoosiers in a more comprehensive and evidence-based manner,” said FSSA Secretary Jennifer Walthall, M.D., M.P.H. “Jay is a committed patient advocate and expert on innovative system design in mental health and addiction. His willingness to serve as DMHA director couldn’t have come at a better time as Indiana focuses on integrated care and improved health outcomes.”Chaudhary is currently the managing attorney for Indiana Legal Services where he’s served in several key positions including Midtown Medical Legal Partnership’s founding director. In his current role, Chaudhary focuses on improving health outcomes by addressing the individual and systemic legal needs of Hoosiers with mental health and substance use disorder. He is a graduate of Ball State University and the Indiana University Maurer School of Law.Halleck, who lives in Indianapolis, is a licensed mental health counselor and a licensed addiction counselor who most recently served as the senior director of behavioral health strategy and innovation for Volunteers of America Ohio and Indiana. She completed her undergraduate education at Hanover College where she was the Distinguished Psychology Student of the Year. Halleck earned a master’s degree in clinical psychology from the University of Indianapolis.“After a comprehensive and competitive national search, we couldn’t be more pleased that we found such a dynamic leadership duo right in our own backyard,” added Secretary Walthall. “Jay and Rachel both possess the invaluable combination of great talent and the desire to serve others. I have no doubt they will deliver on Governor Holcomb’s direction to attack the drug epidemic through prevention, treatment and enforcement.”FacebookTwitterCopy LinkEmailSharelast_img read more

Golden Park integrates IMG Arena virtuals content

first_img IMG Arena nets major media extension with Brazil’s Liga Nacional de Basquete August 19, 2020 IMG ARENA boosts table tennis offering with WTT deal July 9, 2020 Share ATP Tennis makes virtual sports debut with IMG ARENA March 30, 2020 StumbleUpon Share Submit Related Articles Sports betting service and content hub IMG Arena has sealed a new agreement with Golden Park to supply its virtuals offering to the group’s online gaming brand GoldenPark.es.Under the agreement, IMG Arena’s full portfolio of on-demand and scheduled virtual sports, which includes instant football, horse racing, tennis, cycling and greyhound racing, has been integrated via Tecnalis’ Alira gaming platform and will be made available across Spain and LatAm.Commenting on the partnership, Max Wright, SVP Commercial at IMG Arena, said: “Golden Park has invested significantly in bringing innovation to their players, and has chosen the perfect way to boost engagement using our virtual products.“This deal marks an important stage in the growth of our virtuals business, securing IMG Arena a market-leading position in the Spanish market. Furthermore, the integration with Tecnalis, the leading gaming platform in the Spanish market and positioning itself as one of the leaders in LatAM markets, facilitates a simple and effective route to integrating our content for a wider pool of operators across Spain and Latin America.”Víctor Sánchez, Golden Park’s manager, added: “With IMG ARENA, we are excited to launch the best virtuals products available on the market in Spain. Our players can look forward to a brand new gaming proposition that will take the Golden Park experience to the next level.”Alejandro Serrano Zaera, Tecnalis, concluded: “Adding IMG ARENA’s thrilling virtuals product to Alira is a great addition to our existing offering. We are certain it is a development that will prove popular with a wide selection of our partners and their players.”last_img read more