 Welcome. "Thanks for stopping by AZFabHomes.com. Whether you're buying a new home, selling your current home, or just need some general information, this site is designed to give you online information about the real estate transaction, as well as helping you search for your new home.Please don't hesitate to contact me if I can be of assistance to you with your real estate needs, or if you simply have a question. Remember to bookmark this site so you can refer to it often - I publish new articles and updated statistics frequently." If You Plan to Buy, Sell, or Just Have a Question feel free to call me at 602.525.5565 or send an email to
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2011-2012 Cost vs. Value: Which Remodeling Projects Pay Off the Most?By Melissa Dittmann Tracey, REALTOR® Magazine When tackling home remodeling projects, you’ll find some projects pay off more than others at times of resale. Remodeling Magazine, in conjunction with REALTOR® Magazine, recently released findings of its annual Cost vs. Value report for 2011-2012, revealing which remodeling projects offer the biggest bang for your buck. Overall, the trend right now is replacement over remodeling–swapping out the old for the new rather than doing a total gut job, which can be much more costly.
This year’s Cost vs. Value report found that exterior replacement projects–such as new garage doors and a new entry door–offer some of the best returns at resale, allowing home owners to recoup close to 70 percent or more of the costs of the project at times of resale. The following are the top, mid-range projects from this year’s report, based on what home owners stand to recoup at time of resale: - Replacing the entry door to steel
Estimated cost: $1,238 // Cost recouped at resale: 73%
- Attic bedroom (converting unfinished attic space into a bedroom with bathroom and shower)
Estimated cost: $50,148 // Cost recouped at resale: 72.5%
- Minor kitchen remodel (including new cabinets and drawers, countertops, hardware, and appliances)
Estimated cost: $19,588 // Cost recouped at resale: 72.1%
- Garage door replacement
Estimated cost: $1,512 // Cost recouped at resale: 71.9%
- Deck addition (wood)
Estimated cost: $10,350 // Cost recouped at resale: 70.1%
- Siding replacement (vinyl)
Estimated cost: $11,729 // Cost recouped at resale: 69.5%
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Spectacular home in the prestigious Kierland Commons. Walk to fabulous fine dining and shopping, enjoy breathtaking views of city lights & mountains from nearly every room. Enjoy the pool, spa, gym, and concierge services offered at the desirable Kierland Lofts.
See the virtual tour and photographs here...
Stunning 4 bed 4 bath contemporary home situated in the desirable Paradise Valley Foothills. Dramatic high ceilings, large windows, marble flooring and new carpet throughout. The formal living room has a cozy natural gas fireplace. Other rooms include family room with built ins, an elevated formal dining room as well as a breakfast room.
More photos and details here...
MARKET UPDATE
January 23, 2012 Quote of the week... "Happiness is not a state to arrive at, but a manner of traveling." --Margaret Lee Runbeck INFO THAT HITS US WHERE WE LIVE...Well, we can all make our way with a bit of a smile on our faces, courtesy of the latest Housing Starts numbers. At first blush, the December report seemed disappointing, down 4% for the month. But starts overall are UP 24.9% from a year ago and December's drop was all from multi-family starts, very volatile month-to-month. Single-family starts were UP 4.4% for the month and UP 11.6% for the year. No wonder the National Association of Home Builders confidence index went to 25, its highest reading since 2007.
For those who still couldn't put on a happy face, Friday's data should have done the trick. Existing Home Sales were UP 5% in December, their third consecutive gain, to their highest level since January 2011. The inventory of existing homes is down 21% from last year and the months' supply dropped to 6.2, the lowest level since April 2006. For all of 2011, sales of single-family homes, townhomes, condos and co-ops rose 1.7%, to 4.26 million units. Read more...
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Julie Macpherson Realtor
Coldwell Banker
Residential Brokerage
7231 E Princess Blvd
Suite# 100
Scottsdale, AZ 85255
Phone 602 525 5565
www.AZFabHomes.com
Julie.Macpherson@azmoves.com 
Testimonials
My wife and I were absolutely thrilled with how Julie managed the sale of our house. We felt extremely comfortable in her hands right from the outset and all the way through the transaction. She kept us informed of all pertinent events all the way through the transaction, and regardless of whether it was a work day or a weekend. She almost literally led us by the hand through all steps of the transaction and was always there for us!
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