How Much Does It Cost To Remodel A Bathroom?

Phoenix, AZ: Low End $3,500  —–> High End $20,000
San Diego, CA: Low End $4,000 —–> High End$32,000

What is the Average Cost of a Bathroom Remodel?
The national average bathroom remodels costs $9,616. Most homeowners spend between $6,000 and $14,000. You can spend as little as $3,500 to $7,000 updating the essentials in a small or medium-sized bathroom. On a large or master bath, you could spend beyond $13,000.

Homeowners have many options when they remodel a bathroom and the total cost depends on style and budget. Bathroom remodels provide some of the highest resale returns as a home improvement project.
However, it is not by any means cheap, and it can take a long time to complete. It is essential to gather and plan your bathroom remodelling ideas ahead of time for the room and then find the right remodelling contractor for the job. Asking questions, setting realistic expectations, cost estimates and budgeting from the start can mean the difference between finding a contractor you trust and enjoy working with versus a long and trying few weeks.

A large factor in determining cost will be the size of your bathroom, ranging from small to medium or master bathroom size.

The fixtures you will need to fit in your bathroom will range in price depending on their size.

The list of fixtures involved in remodelling a bathroom can include:

faucets and fixtures,
floor plan changes (like converting a half bath to full bath),
new showers or baths,
new flooring,
countertops,
cabinets and lighting.

This long list of comes with a lot of different prices and options to compare before choosing what to buy for your bath remodel.

Here is a chart with some of the many options involved in a bathroom remodel, including the least expensive (small) to most expensive (master) costs for each:

Options: 

Install bathtub
Low Range —–>$400 – $1,500
Mid Range —–>$2,600 – $4,100
High Range —–>$6,000 – $8,000

Install cabinets
Low Range —–>$1,200 – $3,500
Mid Range —–>$4,700 – $7,000
High Range —–>$8,000 – $13,000

Install countertops
Low Range —–>$900 – $2,000
Mid Range —–>$2,800 – $4,100
High Range —–>$5,000 – $6,500

Install flooring
Low Range —–>$800 – $2,000
Mid Range —–>$2,500 – $3,600
High Range —–>$5,000 – $7,000

Install lighting fixture
Low Range —–>$120 – $900
Mid Range —–>$1,100 – $1,700
High Range —–>$2,500 – $4,000

Install shower
Low Range —–>$450 – $2,000
Mid Range —–>$3,000 – $4,800
High Range —–>$6,000 – $10,000

Install sink
Low Range —–>$190 – $900
Mid Range —–>$1,400 – $2,300
High Range —–>$3,500 – $6,500

Install toilet
Low Range —–>$130 – $250
Mid Range —–>$340 – $480
High Range —–>$550 – $780

Remember: you don’t have to include all of these items in your bathroom remodel unless you’re building a whole new bathroom from scratch.

You always have the option to add some pieces–sink, toilet and lighting fixtures–after you’ve done the bigger projects to spread out costs. Also consider that some of these projects–bathtub installation/remodel, shower installation or cabinet installation–have smaller, cheaper alternatives.
You can refinish cabinets to make them look brand new and flow with the new bathroom for less money. There is also the option of replacing faucets and other plumbing fixtures, which costs less than replacing bathtubs and showers.

Small Bathroom Remodeling Costs:

Small bathrooms are often less expensive to remodel than larger bathrooms because they have less square footage. This means fewer materials involved to make them look brand new, and their cost will be on the low range of the chart above since you need less of them or their smaller sizes to fit in the bathroom.
The cost of labour will also be lower because the time spent to remodel a small bathroom won’t be as long as a large bathroom unless the professionals run into snags with the electricity or plumbing.

Changing the layout:

If you decide to increase the square footage of the small bathroom, it will increase the total cost of the remodel.
This means changing the electrical wiring in the walls, adding more flooring, and possibly more plumbing.
All of this will increase materials and labour cost.

Fixtures and appliances:

If you replace any of your current fixtures and appliances in the bathroom–countertops, bathtub, toilet, sink, etc.–this will increase the cost because the professionals will need to remove the originals and install the new ones.
You can save on this cost by refinishing some of the appliances or buying the materials yourself.

Plumbing and electrical:

Any issues with your plumbing or electricity during the renovation will add to the cost of the remodel. You might have them checked by separate professionals ahead of time just in case.

Very Important! There could be issues that occur during the renovation that can’t be planned for.

Ready to sell your home or find a new home? Give me a call today to set up an appointment.

 

Stella Bonin
Associate Broker
480.797.4884 / 619.250.6214

http://www.CallStella.com

Burke Real Estate Consultants – California Bureau of RealEstate # 01222569
Coldwell Banker Residential Brokerage – Arizona Department of Real Estate # BR5550696000

“Equal Housing Opportunity”

What’s behind Trump’s tariffs on solar and washing machines

Advancing his America First agenda, President Trump is imposing:

a 30% tax on imported solar panels and solar energy cells after the first 2.5 gigawatts of solar cells are imported; and
a 20% tax on the next 1.2 million imported washing machines and a 50% tax on any additional washers imported in the next two years.
Who will these new taxes benefit?

1) U.S.-based solar manufacturers

Tesla is just about the only big U.S.-owned manufacturer of solar products in the U.S. However, it relies on imported solar components — much of which are exempt from the tariffs. The other U.S. manufacturers that will benefit are behind the tariff, as they petitioned Trump for help competing with foreign imports. But these manufacturers are actually owned by foreign entities, including Suniva and Solar-World, with owners based in China and Germany, respectively, according to NPR.

2) Current solar owners

When the cost of solar rises, it’s possible homeowners and business owners who already had solar installed before the cost rose may benefit. Since installing solar will become more expensive, the only way for some homebuyers to get a solar home will be to buy one with solar already in place.

3) U.S.-based washing machine manufacturers

U.S.-based Whirlpool is behind the request for the tariff on imported washing machines. Following Trump’s tariff announcement, Whirlpool announced it would be creating 200 more jobs in its Ohio facility.

4) Manufacturing states

Any new jobs these tariffs create will be in manufacturing states in the southern and Midwest states where labor is cheap (and where most of these companies are located). The exception is Buffalo, New York, where Tesla’s solar plant is located.

Who will these taxes harm?

1) Solar installers

Homeowners and business owners who install solar have, until now, been able to do so relatively cheaply due to the low cost of solar imports from overseas. Going forward, some solar components will now cost around 30% more. As a result, more expensive solar panels will become less attractive and fewer installations will occur. This will hurt workers in the solar industry. The Solar Energy Industries Association (SEIA) estimates 23,000 jobs will be lost in the solar industry in 2018 and solar industry growth will slow overall.

2) People who like clean clothes

The difference between solar panels and washing machines is that no one needs solar, thus sales will undoubtedly slow following the increase in prices. But people still need washing machines — they will just have to pay more for them. Shortly after the tariffs were announced, LG announced its washer prices would increase, likely amounting to washing machines $70-$100 more expensive. Samsung, another big player which manufactures overseas will likely also increase prices.

3) Sunny, coastal states

The biggest harmful impact will be felt in the states where solar growth has been largest, especially California. The job losses in the solar industry will be hardest felt here, and homeowners who install solar will now be paying more. All of this will be a drag on the economy, and eventually home sales.

Editor’s note — For a look at how other tariffs on foreign imports imposed by the Trump administration have impacted housing, recall the Canadian lumber tariff put in place in 2017. The National Association of Home-builders (NAHB) called the tariff a “thinly-disguised tax on American home buyers, home builders and consumers.” For comparison, the price of composite framing lumber has jumped 20% from July 2017 when the tariffs were announced to November 2017.

By Carrie B. Reyes www.firsttuesday.us

 

 

A seller’s winter open house guide

Here are some tips to get buyers to show up to your open house and fall head over heels for your winter listing!

1. Market warmth. When advertising homes for sale, I cater to the season. For example: in the cold winter months, featuring a photo of that fireplace filled with a roaring fire, surrounded by cosy winter colours. No fireplace? Candles and another warm lighting can convey the same inviting feeling that will make buyers want to curl up in your house all winter.

2. Don’t forget about pathways. The easiest way to turn off a buyer is for them to slip on their way in. If ice is a possibility, be sure to purchase de-icing materials well before you open your house to potential buyers.

3. Add curb appeal. Even if gloomy weather makes landscaping a burden, you can attract buyers with a few simple touches. Place electric candles in windows, hang a wreath on the door and clean the yard of all debris.

4. Turn up the heat. People entering and exiting during an open house are sure to let in the cold air from outside — and the last impression you want to give buyers is that the home is difficult to heat. So crank up the heat a few degrees before the open house starts and they’ll never want to go back out into the cold.

5. Offer hot drinks. Set out some hot drink options for buyers to sip on while touring the house. Coffee, cider and hot chocolate are all good ways to make a buyer feel cosy in your home. Put out plenty of mugs or to-go cups, along with cream and sugar.

Call me for help selling or buying a house in any season!

Stella Bonin

(Hablo Español)

Coldwell Banker Residential Brokerage
480.797.4884 / 619.250.6214
stella.bonin@yahoo.com

I am licensed in California and Arizona and we have offices around the country.

California Bureau of Real Estate Lic. # 01222569
Arizona Department of Real Estate Lic. # BR550696000

“Equal Housing Opportunity”

February – Easy weekend projects

Use your weekends to spruce up your home! Here are some easy projects to do on your days off.

Upgrade your cabinets by adding a fresh coat of paint. Add new knobs and hardware to update to a modern look.

Dress up your entryway by adding potted plants, outdoor seating and a welcome mat. Paint your door a bright color and switch out the handle for new hardware.

Add storage to your home by installing organizers in your drawers, cabinets and closets.

Install window shutters on the exterior walls of your home for a colorful touch.

Repair holes in your walls with a putty knife and some spackle. Add fresh paint over the repairs to match your wall colors.

Start a vegetable garden. Plant vegetables in a raised planting box to keep the area neat and protected from accidental damage.

Paint a room in your house to give it a pop of color or a fresh new atmosphere.

Declutter messy areas in your home – desks, drawers and closets are top culprits for excess clutter. Use a trash bag for disposable items and a box to collect items for donation.

Repair your bathroom by re-caulking your bathtub and shower. Chip away old caulking and add a fresh lining to stop leaks and give your bathroom a clean, finished look.

Call me today if you’re ready to buy or sell your home!

Stella Bonin

(Hablo Español)

Coldwell Banker Residential Brokerage
480.797.4884 / 619.250.6214
stella.bonin@yahoo.com

I am licensed in California and Arizona and we have offices around the country.

California Bureau of Real Estate Lic. # 01222569
Arizona Department of Real Estate Lic. # BR550696000

“Equal Housing Opportunity”

Will I pay taxes if I sell my home?

When you sell your primary residence, is excluded from taxation up to $250,000 profit
per individual owner when you qualify for the principal residence profit exclusion. When you own your home with another person, together you may exclude up to
$500,000.

To qualify for the exclusion, you need to have occupied the property as your principal residence for at least two of the last five years. When you own your home with another person, you both must be owners and meet the two-out-of-five-year occupancy rule. If
only one of you meets the occupancy rule, then the profit exclusion is limited to $250,000.

However, when you and your spouse have not simultaneously owned and occupied the residence for at least two of the last five years, you still qualify for the $500,000 exclusion if:

• one of you owned the residence;

• you both meet the two-out-of-five-year occupancy rule;

• you file a joint tax return for the year of the sale;
and

• neither of you has taken a principal residence profit exclusion on another property within two years prior to the sale.

You do not need to occupy the home at the time of sale to qualify for the principal residence profit exclusion under the two-out-of-five-year rule.

If you do not meet the two-out-of-five-year occupancy rule, you do not qualify for the tax exclusion — with one exception.

If you relocated due to personal difficulties, you may still qualify for a partial tax exclusion. Personal difficulties include:

With the personal difficulties exception, when you relocate after occupying the property for less than 24 months, you qualify for a profit exclusion amount equal to the fraction of the ceiling amount ($250,000/$500,000) attributable to the portion of the
24 months you occupied the property.

Call me today with questions about buying a home or selling your home!

Stella Bonin

(Hablo Español)

Coldwell Banker Residential Brokerage
480.797.4884 / 619.250.6214
stella.bonin@yahoo.com

I am licensed in California and Arizona and we have offices around the country.

California Bureau of Real Estate Lic. # 01222569
Arizona Department of Real Estate Lic. # BR550696000

“Equal Housing Opportunity”

 

 

RED VELVET COOKIES RECIPE

Prep: 30 min.

Bake: 15 min./batch + cooling

90 servings

Ingredients

1 cup shortening
1 cup sugar
3/4 cup packed brown sugar
3 eggs, separated
2 teaspoons red food colouring
4 cups all-purpose flour
3 tablespoons baking cocoa
3 teaspoons baking powder
1 teaspoon salt
1 cup buttermilk
2 cups (12 ounces) semisweet chocolate chips

FROSTING:
1-1/2 cups butter softened
3-3/4 cups confectioners’ sugar
1/8 teaspoon salt
3 to 4 tablespoons 2% milk

Directions

1. In a large bowl, cream the shortening and sugars until light and fluffy. Beat in egg yolks and food colouring.

2. Combine the flour, cocoa, baking powder and salt. Add to the creamed mixture alternately with buttermilk, beating well after each addition.

3. In another bowl with clean beaters, beat egg whites until stiff peaks form; fold into batter. Fold in chocolate chips.

4. Drop by tablespoonfuls 2 in. apart onto greased baking sheets. Bake at 350° for 12-14 minutes or until set. Remove to wire racks to cool completely.

5. In a large bowl, beat the butter, confectioners’ sugar and salt until blended. Add enough milk to achieve desired consistency. Crumble eight cookies and set aside.

6. Frost remaining cookies; sprinkle with cookie crumbs. Store in an airtight container or freeze for up to 1 month. Yield: 7-1/2 dozen.

Nutritional Facts
1 each: 124 calories, 7g fat (3g saturated fat), 15mg cholesterol, 71mg sodium, 16g carbohydrate (11g sugars, 0 fibre), 1g protein.

Diabetic Exchanges: 1 starch, 1 fat.

 

Call me today with questions about buying a home or listing your home!

Stella Bonin

Coldwell Banker Residential Brokerage
480.797.4884 / 619.250.6214
stella.bonin@yahoo.com

I am licensed in California and Arizona and we have offices around the country.

California Bureau of Real Estate Lic. # 01222569
Arizona Department of Real Estate Lic. # BR550696000

“Equal Housing Opportunity”

What am I to expect when buying a foreclosed, lender-owned home?

A home acquired by a lender through foreclosure is called real estate owned (REO) property.
Three key differences exist between buying a home from an REO lender and buying one from a traditional seller:

1. REO properties typically have shortened due diligence and property investigation timeframes;
2. REO lenders on a resale are exempt from making property disclosures on the statutory disclosure form; and
3. REO properties are more likely to have undisclosed defects.

Since the purchase of an REO property is not a traditional sale, your negotiating power as a buyer is somewhat hampered by laws and the conduct of all participants.
Lenders selling REO property deliberately rush you through the transaction by restricting the timeframes for your due diligence investigations into the conditions of the property.

With shorter contingency periods, the risks of overlooking material defects and discovering problems after the transaction closes are greater.
The seller of an REO property is exempted from providing a buyer with a statutory Transfer Disclosure Statement (TDS). However, no seller, including a lender selling an REO, is ever excused from disclosing known material facts.

Importantly, the REO lender’s seller’s agent is not excused from performing their visual inspection and not exempt from reporting the adverse property conditions they observed or know about on the statutory TDS disclosure form.

Further, you need seek out others for additional information who may be familiar with the property or provide inspection services, such as neighbours, the foreclosed prior owner and home inspectors.

REO property may have several other issues not common to a traditional sale. When an owner of the property is unable to make their mortgage payments, they likely were unable to properly maintain the home, or worse, commit intentional waste.

Obtain a home inspection report (HIR) from a home inspector. After reviewing the findings on the HIR, consider hiring specialists to further evaluate any components of the improvements the HIR revealed to be of concern.
Further inspections of property components may be prudent, such as the roof, and any septic tank and pool equipment. Also, a termite inspection verifies the existence
of any termite or fungal infestation on the property. With these inspections, you avoid future discovery of undisclosed defects.

Call me today with questions about buying a home or listing your home!

Stella Bonin

Coldwell Banker Residential Brokerage
480.797.4884 / 619.250.6214
stella.bonin@yahoo.com

I am licensed in California and Arizona and we have offices around the country.

California Bureau of Real Estate Lic. # 01222569
Arizona Department of Real Estate Lic. # BR550696000

“Equal Housing Opportunity”

¿Necesita más espacio, o desea cambiar de ubicación a un lugar más deseable?

¿Está listo para actualizar a una casa más gratificante? ¿Necesita más espacio, o desea cambiar de ubicación a un lugar más deseable? ¡Ahora es el momento para comenzar a disfrutar más la vida!

Usted puede pensar que hoy es el peor momento para actualizar – después de todo, el volumen de ventas de casas no está subiendo y los compradores son escasos. ¿Cómo será posible obtener el máximo valor de su casa hoy?

Quizás no se puede conseguir un precio por las nubes en la venta de su casa, pero por otro lado, usted no tendrá que pagar un precio muy alto para un hogar de reemplazo tampoco. Es prudente vender bajo y comprar barato, en lugar de vender alto y comprar caro.

Comprando casa con las tasas de interés de hoy significa un pago mensual más bajo. También pagará impuestos de propiedad más bajos en los próximos años. Si espera que el mercado rebote

para actualizar a otra casa, usted tendrá que pagar más por todo. Tomar en consideración que las casas más grandes y con más servicios tienen un precio menor por pie cuadrado que casas más pequeñas.

Con la venta de su casa y actualizando ahora, usted puede escoger y elegir entre una selección grande de casas de nivel superior para su próxima residencia. Hecho: hay menos competencia para una casa de nivel superior que le dará una gran ventaja como comprador.

¡Para obtener consejos sobre cómo ganarles a los vendedores en competencia para maximizar el precio de su casa, llámeme! Voy a comercializar su propiedad para obtener el máximo valor y trabajar con usted para encontrar su próxima casa al precio más bajo.

¡El tiempo de actualizar es hoy!

Llameme para una cita y déjeme encontrarle la casa de sus sueños.

Stella Bonin

Coldwell Banker Residential Brokerage
480.797.4884 / 619.250.6214
stella.bonin@yahoo.com

“Equal Housing Opportunity”

California Bureau of Real Estate Lic. # 01222569
Arizona Department of Real Estate Lic. # BR550696000

Selling your home? What is the difference between an exclusive agency, exclusive right and open listings?

A listing agreement is a written employment arrangement between you and your real estate broker regarding real estate services. On entering into a listing agreement, you retain and authorize your broker and their agents to diligently perform real estate related services — to buy, lease, sell or borrow — on your behalf in exchange for payment of a fee.

Listing agreements, regardless of the type, fall into one of two general categories:

• exclusive; or

• open.

An exclusive listing requires your agent to use diligence in their efforts to locate a property buyer, tenant or mortgage for you. An exclusive listing requires an expiration date of the employment.

For buying and selling real estate, two types of exclusive listing agreements exist:

• an exclusive agency listing for a seller or buyer;
and

• an exclusive right-to-sell/buy listing.

Both types of exclusive listings establish the broker and their agents as your only real estate representatives. However, these variations are distinguished by whether or not your broker is entitled to a fee when, by your sole efforts, you sell your property or locate one to buy.

Under an exclusive agency listing fee provision, the broker does not earn a fee when you, acting alone and independently of any broker, accomplish the objective of the employment, i.e., selling the listed property or locating and buying the property sought.

Conversely, under the fee provision in an exclusive right-to-sell/buy agreement, your broker earns a fee no matter who produces the buyer or locates the property sought under the listing during the listing period. This is the case whether you, your broker or another broker produces a buyer or locates a property.
An open listing allows you to market your own property while employing one or more brokers to locate buyers and sell the property. You may enter into open listings
with as many brokers as you want to without becoming obligated to pay more than one fee if any.

Thus, under an open listing, you compete against your brokers and your brokers compete among themselves to be the first to locate a buyer. If you locate a buyer first, you are not obligated to pay a fee under any open listing you have entered into.
Thus, an open listing does not grant exclusive rights to a broker and their agents to be your sole representative.

A broker fee under an open listing to sell real estate is due to a broker only when they procure a ready, willing and able buyer and present you with an offer containing:

• terms substantially the same as the terms you seek under the listing; or

• other terms offered by a buyer and accepted by you.

Call me today with questions about listing your home!

Stella Bonin

Coldwell Banker Residential Brokerage
480.797.4884 / 619.250.6214
stella.bonin@yahoo.com

“Equal Housing Opportunity”

California Bureau of Real Estate Lic. # 01222569
Arizona Department of Real Estate Lic. # BR550696000

Utilice su devolución de impuestos para una nueva compra de casa

¿Va a recibir una devolución de impuestos? ¿Ha considerado comprar una casa? Su devolución de impuestos se puede utilizar de varias maneras sobre una nueva compra de casa. Por ejemplo:

• Utilice su devolución de impuestos hacia el pago inicial de su compra de casa. Cuando
obtiene financiaminto de FHA, sólo se requiere un pago inicial de 3.5%.

• Utilice su devolución de impuestos hacia sus costos de cierre.

• Liquide sus deudas con su devolución de impuestos para mejorar su relación deuda-ingreso y puntaje de crédito.

• Deposite y mantenga su devolución de impuestos en su cuenta bancaria como reservas que se requieren para calificar para una hipoteca.

• Utilice su devolución de impuestos para gastos de mudanza o mejoras para el hogar.
Además, como comprador de casa por primera vez, su devolución de impuestos del próximo año pudiera ser mayor con la suma de las cancelaciones de intereses hipotecarios.

Si desea obtener más información sobre cómo aplicar mejor su devolución de impuestos a una nueva compra de casa, llámeme hoy mismo!

Stella Bonin

Coldwell Banker Residential Brokerage
480.797.4884 / 619.250.6214
stella.bonin@yahoo.com

“Equal Housing Opportunity”

California Bureau of Real Estate Lic. # 01222569
Arizona Department of Real Estate Lic. # BR550696000