Home Upgrades Worth Their Resale Value

For a lot of us, much of the past year has been spent thinking about how to make our homes more comfortable. With so much still hanging in the balance, I thought it might be worth talking about the types of remodeling projects that score big points in the real estate market, and which ones might not be so lucrative if you decide to sell your home. 

People generally think that any kind of upgrade to the home is going to raise its value. But that’s not always the case. Highly customized renovations that are specific to your family or jobs that will require a fair bit of maintenance actually end up discouraging potential buyers. Sure, you might think a wall to wall aquarium in a basement bonus room might be a great idea, but the next owner of your home may not agree. So what are the best renovating projects to reap high resale rewards?

Energy Efficiency Windows 

Homeowners who are old, young, first-time, seasoned, empty-nesters, or with young families all love a home that’s warmer in the winter, cooler in the summer, and is easier on the wallet. According to the 2020 Cost Versus Value Report published by Remodeling Magazine, vinyl and wood window replacement nabbed nearly 80% of their resale value in Hartford County. Windows are a fantastic investment and not only for their heating and cooling abilities. Replacement windows are easy to clean and they are excellent at reducing noise pollution. 

Kitchen Remodels

As the busiest and most used room in the house, kitchens tend to be a huge selling point in the real estate market, which makes an outdated kitchen a big no-no for a potential buyer. According to the same Cost Versus Value Report, a mid-range kitchen remodel is likely to get a seller upwards of 63% of their investment. What’s key is to stick to very neutral tones and a layout that suits cooking, eating and gathering. Most people love an island that can be used for food prep as well as a casual eating space. Lots of storage will hit the mark too. 

Garage Doors

This may surprise you, but the highest ranking home upgrade on the 2020 Cost Versus Value Report was a Garage Door Replacement which was valued at 104% of its cost here in the Hartford area. This means that most homeowners actually made more than they spent on the project when they sold their homes. Garages are an important feature in any house as every buyer wants to maximize their storage space. Plus, with more homeowners looking for additional living areas for home offices, giving the garage a little facelift isn’t a bad idea. 

The “No Go”

With plenty of lucrative projects for the savvy homeowner, there is one upgrade that’s not worth the spend if you’re planning on selling your home. According to the report, bathroom additions are an expensive project and not one that potential buyers really appreciate. An average $50,000 mid-range bathroom addition netted only 43% of its cost and an average upscale bathroom addition recouped only 38% of its cost. Between structural changes, plumbing, and fit-out, this is one project that might not be worth the investment if you’re planning on a home sale in the near future. 

Bob O'Donnell is the owner of O'Donnell Bros, Inc., a Bristol-based home improvement company established in 1975. Email your questions for Bob to info@odonnellbros.com with the subject line “Ask the Pro”. All questions may be considered for publication. To contact Bob for your remodeling needs, call O'Donnell Bros, Inc. at (860) 589-5155 or visit www.odonnellbros.com. Advice is for guidance only.

Keep Winter Energy Bills in Check With These Tips

Outdoor lights, Christmas trees, and colder temperatures mean that December is usually one of the most expensive months in terms of utility bills. But with the holiday season behind us, January is a great time to take a closer look at how much energy you’re using and address the issues in your home that are causing high and unnecessary costs.

One resource that not enough people take advantage of is an energy audit by Energize Connecticut. For a fee, a home energy consultant will come to your home and conduct a full assessment, covering your furnace and water heater, air ducts, windows, doors, and more. Plus they can offer rebates for upgrades and repairs. I’m happy to see that home inspections have resumed and inspectors are abiding by all COVID-19 safety protocols. To apply, visit the EnergizeCT website and choose your service provider. 

If you’re not interested in an assessment but would still like to enjoy some serious home energy savings, here are the top five spots I always check for air leaks and heat loss. 

1. Windows. Believe it or not, hanging heavy fabric drapes can help you retain up to 25% of the heat in your home. This is especially true with large glass doors that aren’t being used in the winter months. Also, be sure to check for gaps. Wooden window frames get warped with age and can lead to serious air leakage. For cracks that are smaller than a quarter of an inch, a silicone caulk will work to plug up areas where heat is escaping. Also, if you feel air coming right through your single panes and the glass rattles with the wind, beef them up with some shrink film. This product can be found at any home supply store and can be cut to size. 

2. Doors. We don’t often open the windows in the winter, but doors are a different story. They let lots of air escape, but they can’t be sealed completely because we need to use them. I always suggest inspecting your door sweep to ensure it’s not damaged and replacing it if the bristles have come loose. A door snake or seal can also come in handy, which can be purchased at any big box store or even made at home with an old pair of stockings and some rice, beans, newspaper or another filling.

3. Attic. Those of you with an attic hatch are likely losing a ton of warm air through its frame. We all know that hot air rises, so seal up that hatch with heavy duty plastic, or build yourself an insulated box to fit over the entryway if you still need access to storage. 

4. Water Heater. Insulate your water heater’s tank and pipes with fiberglass. For the tank, fit a fiberglass blanket using foil tape, but be sure not to cover any valve or pipe openings. For the pipes, you can use fiberglass wrap or foam insulation. By adding a layer of insulation to your water heater, you’ll keep the warmth from escaping into the air and you’ll protect the machine from condensation in the warmer months. 

5. Insulation. Most homes simply do not have enough insulation in the walls and attic, which is probably the number one contributor to sky-high energy bills. Insulation acts as a barrier against heat flow, helping to keep the warm air inside the house by slowing the flow and stopping the heat from getting outside. The United States Environmental Protection Agency says that with proper insulation, the average home in our area can save approximately 16 to 50 percent in total heating and cooling costs depending on the age and condition of the home. Plus it’s one of the highest rated home improvements in terms of real estate resale value. 

Happy New Year Everyone! Here’s to a warm, healthy and safe 2021!

Bob O'Donnell is the owner of O'Donnell Bros, Inc., a Bristol-based home improvement company established in 1975. Email your questions for Bob to info@odonnellbros.com with the subject line “Ask the Pro”. All questions may be considered for publication. To contact Bob for your remodeling needs, call O'Donnell Bros, Inc. at (860) 589-5155 or visit www.odonnellbros.com. Advice is for guidance only.

A Quick Guide to Christmas Tree Varieties

With so many beautiful Christmas trees to choose from, it can be hard to pick a style and species to suit a family’s home and unique needs. You might not know that some trees are better for kids while others are great for people with allergies. Yet other varieties are good for certain types of heat and can withstand warmer, dryer temperatures for longer. So without further ado, here is my list of the top trees that you’ll find at your local farm or stand, and some of the key differences to help you find your perfect match. 

Balsam Fir

One of the most popular picks for Christmas is a balsam fir, which is loved for its sturdy needles, bright green color, strong scent, and beautiful shape. Because of its popularity, the balsam fir is also one of the more affordable options of all the different tree types. You can’t go wrong with this classic, which grows strong and lasts long. Plus, like most firs, it’s hypoallergenic too. 

White Pine

This is another winner but for a much different reason than the balsam. White pines are loved by families for their super soft texture and touchable needles. They can grow very large and they are also inexpensive, which makes them the choice tree for many people with young children. One thing to note about this species is that those soft needles grow from delicate branches, so only go this route if you have lightweight ornaments. 

Douglas Fir

Though called a fir, the Douglas is actually a species all its own. While grown mainly in the Northwest region of the United States, this tree is popular all over the country because it’s tough enough to withstand early cutting and lots of traveling. The needles are soft with a sweet fragrance and the shape is conical, making it easy and fun to decorate without too much precision.

Blue Spruce

The color of this tree makes it the hero of any holiday decor. Those beautiful bluish needles are easy to fall in love with, but decorator beware - those babies are sharp! If you have a good set of gloves, they will be well worth using to get this tree in place. But once it’s decorated, you can rest easy as pets tend to keep their distance.

Concolor Fir

The concolor is a favorite in my house because it has all the wonderful characteristics of the fir species - great shape, good color, strong branches, and long needles. The difference is the smell. Unlike most Christmas trees, this variety offers a beautiful citrus scent, keeping the house bright and fresh smelling through the holidays. 

What type of tree does your family love? Is there one I have missed that makes its way into your house year after year? I’d love to hear from you - shoot me a message on Facebook at facebook.com/odonnellbros. 

Bob O’Donnell is the owner of O’Donnell Bros. Inc., a Bristol-based home improvement company established in 1975. Email your questions to info@odonnellbros.com with the subject line “Ask the Pro.” All questions may be considered for publication. To contact Bob for your remodeling needs, call O’Donnell Bros. Inc. at (860) 589-5155 or visit http://www.odonnellbros.com. Advice is for guidance only.