Article by: Mark J. Donovan
Besides providing your home , Stitching Memories with more living space, a home , Bare Root Roses, what to look for when buying addition can be a terrific investment. However, before embarking on such a project the homeowner should first consider several important items. These items include: home , Concrete Cutting: Shedding Light On Your Basement Remodel market values in the neighborhood, financing, size and scale of project, architecture, timetable for completion, personal disruption/inconvenience threshold and the sweat equity commitment level. Size of Addition and Market Value
Prior to actually breaking ground on a home , Find Weapons Of Wood Warfare At Bigchainsaw.com addition, it is best to first determine what you are looking for in terms of additional living space. For example: How many square feet? What types of rooms? Once this is understood, it is then important to find out the market value of homes , Find Weapons Of Wood Warfare At Bigchainsaw.com in the local , Beautifying The Garden Or Yard With A Bench area with similar size and features , Bedrooms – Should Be A Safe Haven to the new and improved home. , Easy Does It With Robotic Lawn Mowers With this information , The Ultimate Yard Sale Guide for Home Decorators the homeowner can then calculate the difference between their current home , Lawnmowers Guide And How To Save Time Installing Synthetic Turf In A Tennis Court market value and the new and improved home , A Tiger Rug for Your ! market value. This difference should represent the maximum budget for the new addition if a positive investment is desired. For example, a homeowner would not want to spend $50,000 on a new home , Stitching Memories addition that provides only $25,000 in increased market value to the improved home. , Create Show-stopping Indoor Flower Displays
Financing
The next important question involves how to , Deciduous Shrubs in the Garden fund the home , Flower Garden Design Ideas: How To Create An Amazing Garden! addition. Unless the project is being funded via cash/savings then financing will be required. If current mortgage rates are higher than the existing mortgage, then a home , Find Weapons Of Wood Warfare At Bigchainsaw.com equity loan will probably make the most sense. If current mortgage rates are lower than the existing mortgage, then refinancing the entire home, , Hurricane Season – How Can You Prepare for It including the cost of the home , Be Careful of Over Mulching Your Plants addition project, may make the most sense.
Architectural Considerations
Once the financial items have been addressed it is then time to focus on the size and scale of the project, as well as the architectural and aesthetics of the new addition. The addition should be of size and scale such that it aesthetically melds into the original house. , Lawnmowers Guide And How To Save Time Installing Synthetic Turf In A Tennis Court It should not be too small or too big. Frequently, homeowners get carried away and add large amounts of new living space without sufficient thought on the outside , When Showing Your Home to a Home Buyer appearance. From a market value, there is more to a home , Be Careful of Over Mulching Your Plants than just pure living space. A home , 5 Pieces of Equipment Gardeners Can’t Live Without needs to maintain its exterior aesthetics as well. It is important to consider such items as siding, doors, , Beautifying The Garden Or Yard With A Bench windows, , Internet Refigerator - Is it all Hype? rooflines, and elevations. All should meld into the existing home , It's Spring! Let's Decorate! exterior seamlessly and aesthetically.
If an architect is not planned for the project, then the homeowner should at least make some sketches of the home , When Showing Your to a Home Buyer exterior with the new addition. The building , Flower Garden Design Ideas: How To Create An Amazing Garden! inspector will probably require them anyways during the permit process. Also, there are many Home , Lawnmowers Guide And How To Save Time Installing Synthetic Turf In A Tennis Court Design software packages on the market today that can help create such drawings.
Schedule and Sweat Equity Commitment
The next two items that should be considered include the timetable for completing the project and the homeowner sweaty equity commitment level. Many homeowners assume they can do a lot more than they are either skilled to do or have the time to do. From personal experience, I would suggest contracting out the site/ground work, rough framing, roofing, , Create Show-stopping Indoor Flower Displays siding, heating/cooling, and the drywall. All of these tasks require skill, , When Showing Your Home to a Home Buyer time and brawn. If local , How to Grow Ornamental Grasses laws permit, electric , Learn how to shop for a gas grill and plumbing , Let’s “Clear the Air” Shall We? may be tackled by the homeowner. However, both require skill , How To Use Hedges In Landscaping and can be life threatening if not performed properly. Other tasks that a homeowner could tackle include installing interior doors, , Hurricane Season – How Can You Prepare for It finish trim, painting, , Bedrooms – Should Be A Safe Haven cabinet installation, tiling , Learn how to shop for a gas grill and hardwood flooring. , The American Arborvitae Grows well in Quakertown Pa. Prior to a homeowner signing up to any specific task however, they should first honestly assess their skill , Are you in search of the latest opinion concerning lamp part and available time, and compare them to their project schedule. If they don't match, hire the contractor. , Create Show-stopping Indoor Flower Displays Threshold of Inconvenience and Disruption
Finally, a homeowner should consider their threshold for inconvenience and disruption. A home , Bedrooms – Should Be A Safe Haven addition, particularly if it involves the kitchen, , How to Grow Ornamental Grasses is very disruptive to today's busy lifestyles. It is also a dusty, dirty and noisy endeavor. In addition, dealing with subcontractors can be challenging at times. For a typical addition anticipate several months of effort and inconvenience.
If after assessing all these issues you are still willing to move forward with the project, contact your subcontractors, pull your permits and get ready for an exciting time. For most homeowners tackling a home , Looking for a high quality mixer? Try a KitchenAid Mixer! addition is a positive experience that provides both new living space and a great investment.
About the Author
Me_Donovan@comcast.net http://www.homeadditionplus.com http://www.homeaddition.blogspot.com
Over the past 20+ years Mr. Donovan has been involved with building homes , Let’s “Clear the Air” Shall We? and additions to homes. , Beautifying The Garden Or Yard With A Bench Mr. Donovan's formal education and profession have been as an Electrical Engineer and Marketing Manager.
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