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Is there a rule of thumb to figure the ratio of amount spent on home improvement to the value of the home?
If you work on the theory of 25-30% markup on the general cost of items, this can be applied to renovations. There are variables to consider. The initial value of your property. ie: is the property rundown or new. The quality of the renovation, is it done professionally. Obviously the shape of the property market, is it crashing or rising? The cost of the renovation, you can spend too much. The adage of the best property in a crap neighborhood, comes to mind, no matter how much is spent you will not realise this if all around is bad.
So taking in these variables, not exhaustive by any means, the 25-30% rule of markup will apply. But do research before embarking on expensive renovations. It sometimes gets to the point where it is more cost effective to bowl a house and start from new, always keep this in mind when doing very large scale renovations.
Hope this helps.
What else can I help you with?
What is the total amount spent on the software expense category for the current fiscal year?
The total amount spent on software expenses for the current fiscal year is 500,000.
What word means amount of money spent?
expense
What is the total amount of money spent by Amazon in their yearly spending report?
Amazon's total annual spending report shows that they spent a significant amount of money, totaling in the billions of dollars.
What is the total amount spent on the PO Box expense category for the current fiscal year?
The total amount spent on the PO Box expense category for the current fiscal year is 5,000.
What is a amortization schedule?
A tool to figure out how much you own, when you will be done paying, and how much is spent on interest. http://en.wikipedia.org/wiki/Amortization_schedule
What is a labor ratio and what line items belong in it?
A labor ratio is the percentage of labor spent vs the amount of revenue earned. A labor ratio is the percentage of labor spent vs the amount of revenue earned.
What is the total amount of money spent on all pro athletes in all sports?
The total amount spent on pro athletes is 65 billion dollars. This is not a steady figure because endorsement contracts are continuously changing.
How is a benefit cost ratio computed?
divide the benefit by amount spent to achieve it. Take an ad campaign, for example. The cost is what is spent on the advertising. The benefit is the increase in sales due to the advertising.
What does investment to GDP ratio mean?
It is the ratio of the amount of money spent on investment in plant and capital - including stocks (inventories) over a period of time compared to the total output of the country (or region).
If Stephen budgets of his money to spend on movies and music. Last month he spent of the budgeted amount. How much of his total budget did he spend on movies and music last month?
To determine how much of his total budget Stephen spent on movies and music, we need to know the specific fraction or percentage of the budgeted amount he spent. If, for example, he spent 75% of his budgeted amount, then he spent 75% of his total budget on movies and music last month. Without the exact figure, we cannot calculate the exact amount.
How much is spent on home improvement each year?
In the United States, it is estimated that around $400 billion is spent on home improvement each year. This includes expenses related to renovations, repairs, and remodeling projects.
Phillip spent 6.50 and 4.50 what was the total amount spent?
The total amount spent by Phillip is $11. To find this, you simply add the amounts spent together: $6.50 + $4.50 = $11.
Why were the 1970s called the me decade?
Individual spent a great deal of time in self-improvement
Courtney and Wai spent 15.60 at the mall Courtney spent 3.20 more than Wai How much did each spent?
Well, isn't that just a happy little math problem! If Courtney spent $3.20 more than Wai, we can figure out that Wai spent $6.20, and Courtney spent $9.40. Together, they spent $15.60, creating a lovely balance in their shopping adventure.
What is an expenditure?
an amount of money spent
What would be a good name for the function that takes the amount of time spent shopping and returns the amount of money spent?
Money(time)
What you did the whole day?
Spent the day in research and self improvement for the future position I'm intersted of.
