Homeowners should be conscious about preserving the value of their property to protect their investment and for possible selling in the future. After all, the housing market is making a comeback for as the real estate industry of New Jersey is in a steady recovery,
NJ Home Prices Increase for the 6th Consecutive Quarter
Median home prices in the state rose by 4.8% in Q1 compared to one year ago. This marks the 6th consecutive quarterly increase since the housing recovery began. The median home price in New Jersey increased to $275,148 in Q1 up from $262,661 one year earlier.
Two years have passed and the effect of Hurricane Sandy still lingers in the area, though the recovery is certainly visible. With prices going up and the market stabilizing, regain your home’s value by beautifying its interior and exterior including your siding in Ocean County NJ. Better Homes and Gardens made a list of 11 exterior updates to boost the curb appeal of your house, one of which is to replace ugly or damaged siding. An article by Home Guides further expounds why replacing it is a smart investment.
The National Association of Realtor’s website, Houselogic, reported that the best choices for improving home value in 2014 were exterior projects, including siding replacement. Whether the siding you chose is vinyl, fiber cement, or foam-backed vinyl, the decision to re-side a house has consistently increased resale value for homeowners. Re-siding adds to the property’s curb appeal and also helps to control energy costs, which makes it a smart investment.
All County Exteriors, a siding contractor in Ocean County NJ, offers wonderful ideas to replace your cladding. Our expertise in exterior renovation will make your house seem new again. We have unique selections from top brands such as Certain Teed and James Hardie, and with fiber cement, you’re further guaranteed of the value.
(Article Excerpt from Home prices continue to rise in NJ by Grim, New Jersey Real Estate Report, May 9, 2014; Article Excerpt from Does Re-siding Your Home Add Resale Value? By Terri Williams, Home Guides, n.d.)