As the summer home selling season approaches, home owners considering planning to place their properties on the market should know about remodeling projects that return the most value and increase selling likelihood with better curb appeal or popular features. Housing market data reveals that small, smart remodels reward home owners with better return on investment and can help update a home for a better sale. The following are some of the top remodeling projects; use these to begin planning your conversion during National Remodeling Month.
1. Install a new steel door.
It may not sound like the most exciting addition, but it's one of the financially savviest decisions you could make in your remodeling adventure. Exterior work in general seems to offer the biggest bang for your buck in terms of resale, simply because the exterior appearance of the home could make (or break) a potential home sale. While the appearance of a steel door isn't the main concern, it's the security and savings it offers that attract homebuyers. By providing better insulation than alternative front doors, this can be an attractive pro in the eyes of the potential buyer. Houselogic
2. Remodel the bathroom.
Payback on remodeling a bathroom can reach 75% with new fixtures, tile, toilet, vanity, and lighting. Low flow toilets consume less water and can decrease the monthly water bill. A new attraction that's beginning to be seen in American homes is a centered bathtub. According to the 2015 Home Design Trends, large, well-designed tubs are becoming the center of attention. They are pulled away from the wall and are treated almost like pieces of art. This continues the "bathroom as a spa" trend that is becoming big in both new homes and remodeling projects. Realtor.com
3. Remodel the basement.
Today, buyers are looking for as much usable, move-in ready space as possible. Having a finished basement could sway potential homebuyers into becoming the new home owners. Regardless of whether you turn your basement into a living space, a rec room, or a bar/lounge area, it's sure to attract potential buyers that may not have been interested before.
4. Replace the garage door(s).
Home owners usually see about an 84% return on garage door replacement. While it improves your curb appeal, it's an easy, inexpensive way to bump up savings in heating/cooling energy and security. It's likely that a new door will be well-insulated and sealed, making the garage a more comfortable and enjoyable space to spend time in, whether it's used for a studio, workshop, or even a playroom for the kids.
5. Attic bedroom conversion.
Converting your dusty attic into a functional bedroom can add huge value to your home; adding a bathroom can add the same value to your home that a complete two-story addition would. It may not add to the square footage of the overall home, but it adds another bedroom; this may put the home in a new category and allow you to charge more as a seller. CBS News
Smart remodeling projects for improving the home can attract buyers and make the home more comfortable.
Interested in finding a professional remodeler? Click here to find your local home builders association.
Sources: CBS News, HouseLogic, and Realtor.com
Increase your bottom line and put money back in your pocket; the PBA Member Rebate Program is quick, easy, and hassle-free. In 2014, participating members earned an average of over $1,010 in rebates!
Follow these three simple steps to join in on the savings:
1. Register here: hbarebates.com/pba.html2. Claim your projects every quarter. If you have a completed home, remodeling project, or multi-family unit that used any of the participating manufacturers, complete and submit the Rebate Claim Form online or by mail.
3. Collect your rebate!
This year, the Member Rebate Program announced the addition of 5 new manufacturers. Added to the ever-growing list are: Generac Power Systems, Dutch Quality Stone, StoneCraft, Eldorado Outdoor, and Element Central Vacuum System. See a complete list of participating manufacturers.
No change in suppliers. No receipts. No minimums. An easy way to recoup most, and sometimes all, of your membership dues. The deadline to submit first quarter rebates is May 15, 2015.
Click here for a flyer (PDF) with more information or contact Rich Robinson at (866) 849-8400.
FHLBank Pittsburgh's Affordable Housing Program (AHP) provides grants for the acquisition, construction or rehabilitation of single- or multi-family housing for individuals at or below 80% of area median income.
Benefits of AHP for housing developers:
- Flexible source of funding for a variety of affordable housing project types
- Funding terms that work well with other funding sources (Low Income Housing Tax Credits, HUD Community Development Block Grant/HOME Funds, state/county funds)
- User-friendly online application that minimizes paperwork
- Transparent project scoring process that enables developers to assess the competitiveness of the application
On Tuesday, April 21, PBA hosted their annual Legislative Reception. Held at the Federal Taphouse in downtown Harrisburg, PBA members had a chance to mix and mingle with legislators from their personal districts, as well as from across the state.
(Photo: Immediate Past President Kevin Coutts, 2015 President Peter Gallagher, Senator Michele Brooks, Mercer County EO Dot Hillman)
Now in its fourth year, the Legislative Reception continues to provide members and legislators alike with a relaxed, casual atmosphere to discuss upcoming legislation, talk about issues affecting the building and construction industry, and make lasting connections. Thank you to all of our members who dedicated their time and efforts to creating awareness of issues that affect our industry every single day.
A special thank you to our sponsors, Eckert Seamans Cherin & Mellott, LLC and the Pennsylvania Housing Finance Agency (PHFA).
Don’t forget to check out our Facebook page for photos from the evening!
The National Association of Home Builders recently announced the winners of the Best in American Living Awards – a prestigious award program that spotlights design excellence for the entire residential building industry.
Award recipients are lauded as the most creative and inventive builders, remodelers, architects, developers, land planners and interior designers in the nation.
Take a look at the newest trends in design that home buyers will see over the next several years based on submissions from this year’s winners. Then get inspired to incorporate your favorite trend in your own home.
White-on-White Kitchens: This continuing trend can be seen in both traditional and modern-style homes. Think white cabinets topped with white countertops and finished off with white back splashes and white trim.
Double-Island Kitchens: Back-to-back and side-by-side islands are showing up in all styles of homes. Often one island is used for cooking and preparing food and the other for serving food and dining. The second island may also take the place of a more formal dining room table.
Centered Bathtubs: As part of the continuing “bathroom as spa” trend, large, well-designed tubs are becoming the center of attention: pulled away from the wall and treated like sculptures...
There's more! Click here to read on.
Prospective home buyers have the choice of two types of houses on the market: resale or new.
Home buyers planning to buy a brand-new house or condominium often cite energy-efficiency, open layout, a warranty, and being able to select appliances, flooring, paint colors and other design elements as factors driving their choice to buy new.
But builders say that buyers can be drawn to a new house for reasons that aren’t so obvious. Below are a few more benefits of a brand-new home that you may not see in the sales brochure.
Building a Community Together
PBA announced last week that it will be endorsing 11 new programs in 5 trade schools across PA. These programs include:
“PBA is committed to a viable, high-quality construction industry and the workforce to support it. Through our Endorsed Trade Program, we can create a stronger future workforce and provide students with recognized certification and other benefits, like building a network of ties in the community through connections with PBA members, locals and local student chapters,” according to Peter Gallagher, 2015 PBA President.
Endorsement of a trade program involves a thorough review and evaluation by people working in the construction industry using criteria established by the National Association of Home Builders (NAHB). The program is also recognized by the Department of Education and endorsed by the Pennsylvania Association of Career and Technical Administrators. Endorsement ensures that trade programs meet high standards of performance and will properly prepare students for a career in the industry with foundational knowledge in the building trades.
PBA works with schools around the state to certify their various home building courses, demonstrating they meet NAHB educational guidelines. Students who complete PBA-certified programs can take tests that demonstrate their skills in their program’s core competencies. When these students receive certification, it provides reassurance to builders and potential employers that they are well-prepared for work with a residential construction company. PBA members are also provided exclusive access to contact these students directly about employment opportunities.
Further information about the program can be found at pbaendorsedtrade.org.
HARRISBURG, Pa. – The Pennsylvania Builders Association presented six major awards to builders, members and local builders associations during its Installation and Awards Banquet at the Mohegan Sun at Pocono Downs Hotel & Convention Center in Wilkes-Barre on March 20.
“Recognizing our outstanding members is incredibly important to us,” explained President Peter Gallagher. “This is the true value of membership – when you are dedicated to your industry and your association, people recognize that. These awards represent the cream of the crop. The recipients go above and beyond for our association, and this is how we can thank them.”
The awards presented were:
Best Local Publication Award: HBA of Bucks and Montgomery Counties, The Reporter
This magazine, sent to members every other month, contains a lot of industry and membership information. It includes a message from the President, a new members list, Government Affairs updates, and an events & meetings calendar. Sometimes members will provide content for the magazine in the form of articles, photography, or paid advertisements. The magazine is distributed in both digital and print form and has been a great resource for the members who receive it.
Best Community Service Project Award: BIA of Lancaster County, BIA Community Collaborative
The BIA of Lancaster County partnered with numerous organizations in the Lancaster area to complete a home renovation for the Strawberry Street Neighborhood in Lancaster City. The mission of this initiative is to provide a well-built house priced far below market value in order to make it accessible for lower income families in need. The BIA campaigned to obtain materials, skilled labor, and monetary donations through mailings, emails, and personal contacts. The proceeds of the first home sale will go towards the next project.
Associate of the Year Award: Richard Jackson of ELA Group, Inc.
Jackson is currently serving as the President of the BIA of Lancaster County, but his involvement doesn’t stop there. Aside from being active in his local association, Jackson also has served PBA as a Regional Legislative Officer, participates on the Government Affairs Committee and in the Hammers & Gavels club, and also serves on the Board of Directors. He is most passionate about stormwater management and permit extensions, and has been much help in PBA’s legislative successes.
Builder of the Year Award: Mark McNaughton of McNaughton Homes
As an active member for over 20 years, McNaughton is heavily involved in the Government Affairs side of PBA. He serves on many committees and subcommittees, and has previously been awarded the HBA of Metro Harrisburg Premium Service Award for “going above and beyond” to help the staff members do their job effectively and enhance member services.
Hammers & Gavels Award: Greg Newell of Nave Newell
Newell is recognized for his impact on the construction industry and his service to PBA, NAHB and his local association, the HBA of Chester and Delaware Counties. Through his work as an engineer, he has become proficient in facilitating township approval and permitting processes. He has earned the respect of many local attorneys by providing his expertise. An active participant on his HBA’s Legislative Action Committee and Stormwater Special Committee, he is committed to improving regulations and processes for builders across PA.
For more information about PBA’s Gala Awards, click here.
PBA is pleased to announce a new opportunity for you - the chance to advertise your products and services directly on the PBA website and in our TradeSecrets newsletter!
PBA has recently partnered with MultiView as a third party digital publisher. Not only will we now be able to offer website advertising on pabuilders.org, but we are also reformatting our most popular online newsletter, TradeSecrets, to provide openings for advertising. This new resource will be a weekly newsletter, providing specific statewide news along with the association updates you need to stay up-to-date.
Expect the first edition of the new TradeSecrets in April!
If you're not getting TradeSecrets already, click here to subscribe.
As a valued PBA supporter, you are receiving this communication first so that you can have priority access to these opportunities before we go public.
MultiView will be contacting potential advertisers across the state, which may or may not include our member companies. If you receive information from a representative at MultiView on behalf of PBA, we strongly encourage you to get further information from them about the many different ways that we can promote your business.
Get started today by contacting:
Jon Smith, Display Advertising Manager
As always, we appreciate your support and hope to see you featured on our digital communications very soon.
An Announcement from PBA President, Peter Gallagher
It is with true sadness that I announce to you the passing of a dedicated member of our federation, Dan Wise, CGP, CGB. Dan was an advocate, not just for our association, but for affordable housing and environmental issues affecting all builders within our industry. As a member of the Builders Association of Central PA for over 30 years, Dan served numerous terms on the local board of directors and as a past president. He was also a chair of the Education and Legislative committee, as well as the lead advisor for the State College Area High School Building Construction Technology program.
For those of us who were honored enough to work with him on the state level, we depended on Dan for his expertise as a Certified Green Builder and for his experience with construction codes. A Life Director of the board, his commitment to PBA also included several leadership terms as a regional legislative officer and regional vice president. He served as chair of the Workforce Training & Education committee, the PA Housing Finance committee, the UCC task force and the Small Contractors task force. In 1994, he was the PBA Hammers and Gavels award winner for his support on legislative issues.
In 2014, Dan was one of 30 individuals nationwide announced as a Home Innovation NGBS (National Green Building Standard) Green Partner of Excellence. Incorporating this standard into all of his projects, notable accomplishments included the first NGBS Gold-certified remodel in the state of Pennsylvania and the first NGBS Gold-certified Lindal Cedar Home in the country.
Other national achievements were his position as chair of the NAHB Green Building Codes and Standards subcommittee, a member of the 2015 International Code Council Green Building Code Development committee, and previous recognition as the 2013 NAHB National Green Builder Advocate of the Year.
Funeral arrangements have been announced as follows:
Koch's Funeral Home in State College
Friday March 13, 2015
First visitation from 11 am to 2 pm
Second visitation 5 pm to 7:30 pm
Service at 7:30 pm
In lieu of flowers, contributions can be made to the Dan Wise Memorial Fund at the First National Bank in Boalsburg. This fund will be used in the upcoming months to establish the Dan Wise Memorial Scholarship for a student in the Building Construction Technology Program at State College Area High School, a program Dan was very passionate about.
On behalf of the leadership and members of PBA, our deepest condolences to the Wise family.
2015 PBA President
Click here to view this announcement online.
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