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how to figure what value the house might be at

=I recently took out a casement window and side windows out of my living room to open the living room and enclosed patio into a larger room. I was wondering if there isa way to figure out if the improvement added value to the house.  I the room wasn't heated before hand and now also has  electric heat installed.  If there is other info that would help let me know.
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January 29 2013 - Forks Township
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Profile picture for Pasadenan
You mean one of these, assuming that a building permit was obtained?


Approximately 50% of the increase of standard building construction for the manufacturer prefab.  Did they do the code required electrical outlets?

Low-Emissivity by itself doesn't mean much.  You need the specific U value and area for the energy calculation programs.  And if your roof/ceiling is not glass, you need the R-value of the insulation used, and the type of roofing installed.  And if your windows do not go to the floor, you need the type of construction of the stem wall, and the R-value of the insulation installed.  It also makes a difference which direction the patio is oriented.

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January 30 2013
Profile picture for hunter0981
pasadenan;  the room is insulated with Low E anderson 400 windows.  It's a four seasons room  I should have stated it that way rather than just a enclosed porch.    thanks for the feed back given gotten.  It's been helpful.  I don't know if this information would change the value at all.
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January 30 2013
Profile picture for Pasadenan
If you didn't get a building permit, it lowered the value.  The new owner will likely have to tear out what you did and put it back the way it was.

If you did get a building permit, there was likely a cost estimate as part of the permit submittal.  And likely the property was reassessed for tax purposes based on the "improvement".  You may be able to extrapolate a value based on the tax reassignment numbers.

If all you want to know is what a potential change in livable square feet might mean, you can try
homesand.net as that website lets you adjust the numbers to see the potential impacts on the estimate.

But no one in their right mind is going to pay the same for an "enclosed porch" as they would for properly finished and insulated additional room space.
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January 29 2013
You could look at similar homes that have features that match your upgrades to see what they have sold for.  Also, the National Association of Realtors just put out there annual Cost vs. Sold report that looks at different remodeling jobs and how much money you can expect to get out of certain upgrades. You can visit www.costvssold.com to look at their report. They break it down by region.
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January 29 2013
 
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how to figure what value the house might be at
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January 30 2013 | 4 answers
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