Qualified Remodeler Magazine

JAN 2016

Qualified Remodeler helps independent remodeling firms to survive, become more professional and more profitable by providing must-have business information, namely best business practices, new product information and timely design ideas.

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New Steel Front Door CONSUMER S' VIE WPOINT AF TER COMPLETING THE PROJEC T: ¡ ¡ Top reason for doing adding a new front door (steel or fiberglass): to upgrade worn-out surfaces, finishes and materials — 40 percent. ¡ ¡ Second most common reason: to improve energy efficiency — 27 percent. ¡ ¡ Most important result: better function and livability — 24 percent. ¡ ¡ Fifty-three percent of homeowners have a greater desire to be home since completing the project, 59 percent have an increased sense of enjoyment when they are at home, and 61 percent have a major sense of accomplishment when they think of the project. ¡ ¡ J OY S C O R E: 9.7 ¡ ¡ Just 7 percent of REALTORS® have suggested sellers add a new steel front door before attempting to sell, but only 1 percent said the project most recently helped cinch a deal for them, resulting in a closed sale. COST RECOV ERY: ¡ ¡ NARI Remodelers' cost estimate: $2,000. ¡ ¡ REALTORS®' estimated cost recovered: $1,500. ¡ ¡ Percent of value recovered from the project: 75 percent. New Fiber Cement Siding CONSUMER S' VIE WPOINT AF TER COMPLETING THE PROJEC T: ¡ ¡ Top reason for doing the project: to upgrade worn-out surfaces, finishes and materials — 83 percent. ¡ ¡ Other common reasons: because the owner would be selling within the next two years — 6 percent, because the owner recently moved in and wanted to customize and personalize home — 6 percent. ¡ ¡ Most important result: durable and long- lasting results and materials — 61 percent. ¡ ¡ Seventy-one percent of homeowners have a greater desire to be home since completing the project, 65 percent have an increased sense of enjoyment when they are at home, and 88 percent have a major sense of accomplishment when they think of the project. ¡ ¡ J OY S C O R E: 10 ¡ ¡ Just 3 percent of REALTORS® have suggested sellers add new fiber-cement siding before attempting to sell, and only 1 percent said the project most recently helped cinch a deal for them, resulting in a closed sale. COST RECOV ERY: ¡ ¡ NARI Remodelers' cost estimate: $19,100. ¡ ¡ REALTORS®' estimated cost recovered: $15,000. ¡ ¡ Percent of value recovered from the project: 79 percent. N A RI COS T M EDI A N $2,000 $1,500 N A R VA LU E M EDI A N N A RI COS T M EDI A N $19,100 $15,000 N A R VA LU E M EDI A N coverages include: collect them all! coverages include: collect them all ! business insurance commercial auto insurance speedy claims BUSiNESS iNSURANCE COMMERCiAL AutO iNSURANCE SPEEDy CLAiMS BUSiNESS iNSURANCE COMMERCiAL AutO iNSURANCE SPEEDy CLAiMS 1-800-PROGRESSIVE PROGRESSIVE.com Coverage that keeps your Coverage that keeps your business moving forward! business moving forward! Coverage that keeps your business moving forward! Coverage that keeps your business moving forward! Progressive Casualty Ins. Co. & affi liates. Business insurance may be placed through Progressive Specialty Insurance Agency, Inc. with select insurers, which are not affi liated with Progressive, are solely responsible for servicing and claims, and pay the agency commission for policies sold. Prices, coverages, privacy policies and commission rates vary among these insurers. For more info circle 62

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