Projects Increase Value

Top Remodeling Projects That Add Value to Your Home

Spring is officially here and many homeowners are thinking of projects that will not only clean and enhance the beauty of their property, but add value too. From exterior updates and additions to bathroom and kitchen remodels, there are several projects that will give you the biggest bang for your buck. Whether you’re making improvements to a recently purchased property or preparing to sell, it’s all about increasing your property’s value and these tips will help you in achieving that.

Interior Projects That Can Increase Property Value

Minor Bathroom Renovation
Out dated bathrooms can stop a sale in its tracks. Even if you’re not looking to sell, it’s nice to feel like you’re living in the current decade. As you renovate, keep in mind the trends of today and if those trends will have lasting value in the future. By replacing outdated faucets, adding aerators, adding on-demand water heater, and installing water efficient toilets that save water can benefit you with energy savings immediately. A minor bathroom renovation typically includes new vanity doors, drawers and hardware; new lighting, new plumbing fixtures and new paint. Additional updates like new countertops, flooring and tub/shower tile can further increase the desirability of your property. The average cost to completely remodel a master bathroom is about $16,000. This price can be cut down to almost $8,000 for smaller bathrooms and is much less for a minor renovation.

Minor Kitchen Renovation
A minor kitchen remodel typically consists of replacing cabinet fronts with raised-panel wood doors and drawers, along with new hardware; replacing wall oven and cooktop with energy-efficient models; replacing laminate countertops; installing a mid-priced sink and faucet and repainting. Minor kitchen remodels can help an older property sell quicker and for more money. Most buyers are not interested in remodeling and are looking for updated kitchens and appliances. A major kitchen remodel can cost $55,00 or more and would be best if you plan to stay in the home and are remodeling for your use.

Attic Conversion
If your property has unused attic space, consider turning into an additional bedroom or flex space. You’ll recoup even more of your investment if you can add a bathroom as well. With an additional bedroom and bathroom, your home moves up into the next level of comparable properties, usually meaning you can expect sell your home for quite a bit more.

Exterior Projects That Can Increase Property Value

Steel Entry Door
A new steel door may not sound like the best addition to your house, but it’s one of the financially savviest. Steel entry doors are constructed with thermal adhesives to increase structural integrity along with energy efficiency. Since steel doors will never warp or rot, they can keep the elements out of your home better than wood doors. According to Remodeling Magazine’s 2014 Cost V. Value report, homeowners who install a steel door can expect to recoup nearly 97% of the cost when the home sells.

Garage Door Replacement
Replacing your garage door is another way to improve the exterior of your home. But while it’s typically inexpensive, an upgrade isn’t necessary unless your garage door is old, beat-up or a particularly visible part of your home. Many times, a new coat of paint and new decorative handles looks just as nice as a new door. Keep in mind curb appeal is very important in attracting buyers to your property.

Replace Windows
New windows look sharper, insulate a home better, save on energy and, for buyers, avoid the cost and hassle of doing upgrades. Wood is the preferred trim finish, but other replacement window projects also pay off. New windows keep extreme weather outside. Energy-efficient windows can reduce the demand on your heating and cooling system. “Low-e” (low thermal emissivity) windows have a very thin coating applied to the glass that reflects various solar waves. Combined with double- or triple-pane glass and argon or krypton gas, low-e coatings can significantly improve the thermal efficiency of your windows.

Cement Siding
Cement siding, also called Hardie board siding, is a low-maintenance, long-lasting material that holds up much better than wood siding in Florida’s heat and humidity. If your house has wood siding, cement siding offers a unparalleled quality being completely rot and insect resistant and it can even handle salt spray from the ocean. While cement siding is more expensive than wood or vinyl siding, it really holds up along our coastline and can sway a buyer when comparing two properties.

Deck, Patio or Outdoor Living Space
Homebuilders, residential architects and landscape construction specialists are seeing more and more homeowners looking to include outdoor space in their home design. The American Institute of Architects’ second quarter 2017 Home Trends Design Survey reported requests for outdoor living increased for the sixth consecutive year. 70% percent of the 500 architecture firms surveyed reported an increase in requests for outdoor living from clients. While the cost of your specific project will be the main factor to determine how much value is added to your property’s market value, many buyers choose properties based on their outdoor living spaces – especially in Florida where our weather is great year-round!

Curious of what you may be able to sell your property for in today’s market or what buyers are looking for along the Emerald Coast? Contact The Nathan Abbott Team to connect with some of the Emerald Coast’s best agents to discuss your property’s potential value.

nathan-abbott-realtorNathan Abbott
ResortQuest Real Estate | Broker Associate, Realtor®
Nathan Abbott Team | CEO
850.812.3261

Happy St. Patrick’s Day Emerald Coast!

Do you know where the name “Emerald Coast” came from? In 1983, according to the Northwest Florida Daily News, the term “Emerald Coast” was submitted by a junior high school student who won $50 in a contest to come up with a new slogan for the area. Since then, the term has been used in reference to the coastline from Pensacola Beach to Panama City Beach. The “Emerald” color of our Gulf waters are due to the lack of sediment run off, usually found around rivers and lakes which causes more of a brownish look, along with the algae (not harmful) we do have that the sun reflects off of. Spend a day at the beach enjoying our Emerald waters and you’ll feel like you just found that pot-of-gold at the end of the rainbow! Click here to search for your Emerald Coast dream home today!

Nathan Abbott Team Wins ResortQuest Real Estate “Top Producer” – 4th Year in a Row!

awardThe Nathan Abbott Team joined our brokerage, ResortQuest Real Estate, for a 2015 Awards Ceremony at the Emerald Coast Convention Center on Tuesday, March 8th, 2016. The theme of the ceremony was all about “connecting” and the importance of what that means in relationship with our customers, in order to provide the best possible service. Connecting is what the Nathan Abbott Team is all about. We understand that selling real estate is secondary to building strong relationships within our community and with visitors coming to the Emerald Coast to vacation or to find their permanent or part-time home or investment property.

Our team was humbled at this awards ceremony by receiving the award for “2015 Top Producers” within the ResortQuest family, with $41 million in sales and listing production for the year. Our ResortQuest broker Carmela Bell, thanked Nathan and the team for our level of excellent service, energy and drive in setting a great example of achievement and service in the industry. The Nathan Abbott Team is proud to be #1 in production for ResortQuest Real Estate for four consecutive years.

In addition, one of our newest agents with the team, Annie Belter, was awarded as the “2015 Rookie of the Year.” Annie closed out 2015 with $1,788,500 in sales. She continues to raise the banner higher with $1,562,500 in closed and pending transactions already within these first few months of 2016!

We feel so much gratitude for our clients, friends, family, peers and business partners who support our efforts. We look forward to continuing relationships with all of you this year to make 2016 a year of amazing growth and opportunity! If you are interested in buying or selling real estate along Florida’s Gulf Coast, please contact the Nathan Abbott Team at ResortQuest. To search available properties click here.

2016 New Construction & Development Along the Emerald Coast

Have you noticed the change in our Emerald Coast footprint over the last decade? We are growing in leaps and bounds, keeping the real estate market hot for 2016. Some may be concerned over the increased development forever changing the area; however, this change comes as a great boost to property values as well as providing much needed jobs to boost our local economy.

From East to West we’re seeing many changes. Panama City Beach is thrilled to be partnering with St. Joe Company in bringing not only a new K-8 school to the area, but also a world-class sports village. The outcome is to attract more sports visitors to Panama City Beach to enjoy tournaments for soccer, lacrosse, rugby and football. New schools and the economic impact of the sports complex will surely increase property values and raise home sale prices and rental income for investment properties with the added guests visiting the area, especially in the off-season.

Nathan Abbott, with the Nathan Abbott Team, recently sold a parcel of land for a new resort condominium project in Panama City Beach, Tradewinds for $6,450,000. This prime beachfront property covers ~3.65 acres and ~450 feet of Gulf front footage. Nathan Abbott is your sales specialist for Gulf front development parcels in Panama City Beach with a proven track record. This is the 5th development parcel that he sold, in addition to being the listing agent for all the developer sales at the Palazzo condominium located on the Gulf along Front Beach Road.

The Georgetown

Going into Walton County, on the East end of Scenic Highway 30A, Rosemary Beach is excited about a new condominium, The Georgetown, set to begin construction this spring. This classic-contemporary structure will offer luxury living at a desirable location with deeded covered parking. Seagrove welcomes a new 31-unit condominium called Thirty-One on 30A.

Thirty OneA

FullSizeRender-4This exceptional and desirable destination offers the pinnacle in architecture, design, comfort and foremost beachfront living. Moving to the West, ResortQuest Real Estate is proud to be the exclusive listing office offering RidgeWalk in Santa Rosa Beach. RidgeWalk is a French-inspired coastal gated community situated on the Eastern boundary of County Highway 393. This Randy Wise development is a nature-rich planned community of 74 homes sites nestled throughout ~19.5 acres.

Okaloosa County is full of upcoming residential and resort developments this year as well. Destin is proud to announce a new condominium project, 1900-98, underway along the coast.

1900 98

This ultra-luxury condo will be built on ~150 feet of beachfront. As well as The Henderson, a Salamander Beach & Spa Resort in Crystal Beach that is scheduled to open this spring. This 170-room resort will provide a plethora of services and activities.

 

The HendersonIn addition, commercial opportunities are also growing in Destin with the Destin Commons expanding with the soon grand opening of Whole Foods next to the Bass Pro Shop. Locals and visitors can enjoy natural and organic foods, fresh veggies and fruits, and other goodies for healthier lifestyle options. Also neighboring Destin Commons, Turnberry Associates has plans in motion to build a 150-room hotel beginning this spring.

Fort Walton Beach boasts their new development now approved for construction and in planning, The Landmark Center. This center consists of two main buildings that will feature a mix of residential, retail and dining including a 112-room Hilton hotel, pool, executive offices, 24-loft condo apartments and a rooftop bar and restaurant.

Landmark Center

Please let us know if you are interested in any of these and other developments along the Panhandle! We are actively involved in Emerald Coast construction projects and opportunities, please contact us for a market review of your property or click here to search available listings along the panhandle!

Nathan Abbott Team Launches New Website

The Nathan Abbott Team would like to welcome you to our re-designed, mobile friendly website. We’re pretty proud of our new clean and sleek look, not to mention how easy it is for viewers to peruse through our various tabs and links. We hope you find it easier to view active real estate properties throughout the Emerald Coast, along with information on what’s happening in the market. We’ve also included a list of reputable business partners to assist you with additional services including: mortgage lenders and title companies, insurance agencies, a home inspector, landscaper, housekeeper, locksmiths, contractors, interior designers, and even wedding planners! We have an e-concierge site, EmeraldCoastLuxury.com that lists fabulous local hot spots for dining, golfing, and recreational fun and more! Get to know our team, and register to receive emails on updates in the real estate market on our site as well. We welcome you to let us know if there is anything else you would like us to include on our site.

Our updated website is “responsive web design” to those of you who prefer to use a mobile app to gather information. What that means, if you are not familiar with the term – our website can now be viewed on any device from your widescreen desk monitor to your mobile phone screen (and anything in-between), and the content will automatically resize to adapt to the size of your screen, making it much easier to view the information you want – when you want it. Responsive web design (RWD) is an approach to web design aimed at crafting sites to provide an optimal viewing and interaction experience along with increased search engine optimization.

You may have also noticed that our bi-monthly emails that we send through Constant Contact are also now on a mobile-viewable template. Check out our latest newsletter here. We redesigned our newsletter to stay current with the trends as majority of these emails are opened on a mobile device.  If you would like to receive our Nathan Abbott Team email newsletters, click here.

Our research has shown us that 86 percent of our time is spent on native apps versus mobile web browsers in today’s mobile society. According to Google, mobile-friendly sites rank first in searches to accommodate the need for users to get the highest quality, most relevant results that are optimized for their devices. The Nathan Abbott Team continually strives to keep abreast on how best to get you the most up-to-date information available!

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