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10 Reasons to Renovate Instead of Moving

10 Reasons to Renovate Instead of MovingAre you frustrated with the lack of a workable home office? Does your home really need a more functional and updated kitchen?  A larger, updated master bathroom? An accessible master suite on the main level? Instead of selling your house, you may want to consider renovating. Adding an extra room, reconfiguring existing areas or even tackling a second-story addition may be your most cost-effective and least disruptive option. Here are 10 reasons why people opt to renovate:

Moving expenses

RemodelorMove.com estimates the average cost of moving a typical $200,000 home (Charlotte’s April 2010 average sales price was $201,410, according to the Charlotte Regional Realtors Association), at a staggering $15,000 to $50,000. That includes moving preparation, the actual move, Realtor commissions, upfits and purchases for the new home, and a possible increase of $0 to $10,000 in property taxes.

Fees

That figure doesn’t include seller-paid closing costs, which typically run 3-5% of the sales price.

Hidden issues

While you know what’s in your home, you may be inheriting someone’s problems if there are issues that don’t show up on your new home’s inspection report. If the seller is making repairs, make certain they have been properly completed by a licensed, professional contractor -  electrical, exterior wood, roofing, boxing, siding and subfloor structural issues often won’t become apparent for several months or longer, when the cost to re-repair correctly will come out of your pocket.

Moving disrupts families

You’ll need to pack up personal belongings and keep the house in “ready-to-show” condition to be prepared for prospective buyers.

Moving disrupts networks

In addition to the friends you’ll be leaving behind, there are school, church and social changes that impact the entire family.

You may have to move twice

If you haven’t already located or closed on your new home by the time yours sells, you’ll need a temporary place to stay.

Double jeopardy

If you move before your existing home sells, you’ll need to cover two mortgages for an undetermined period of time.

Quicker than you think

Depending on the scope of the project, here are some surprisingly fast (approximate) construction times for common projects done by a licensed, professional contractor: the average room addition takes five weeks, a complete kitchen remodel 6-8 weeks, and a complete bathroom remodel 4-6 weeks.

Timing is everything

While the housing market is improving, values are not yet back to 2006 levels – which means holding onto your home until the market rebounds may make financial sense.

Solid investment

If planned and executed properly, you may recoup a large portion of your renovation expenses, particularly if you plan to stay in your home for a few years. Remodeling Magazine’s Cost Vs. Value 2009-2010 Southeast report puts recoup rates at 90% for attic bedrooms (mid-range project), 84.4% for basement remodels (mid-range project), 74.6% for a mid-range major kitchen renovation or 64.9% for an upscale version that includes features like granite countertops, 71.9% for a mid-range bathroom remodel or 64.3% for an more upscale bath renovation, and an impressive 146.8% for steel entry door replacement (mid-range project).

When considering those returns as well as all the issues involved in deciding whether to renovate, it’s vital to weigh what award-winning home improvement writer and author Kathy Price-Robinson wrote on her remodeling blog: “If you plan on living in your house for more than five years, you must factor in the quality of life increases as well as the payback on your investment. After all, is it a home where you live and shelter your family, or is it just an investment like a mutual fund?”

Saving Green by Going Green

Saving Some Green by Going GreenIt’s not often that you have the opportunity to do something good for someone else while protecting the environment and saving money at the same time. Yet by working with a remodeling contractor who has a strong working relationship with Habitat for Humanity, you really can accomplish all of those goals and more.

As part of its efforts to raise funds to build Habitat Homes, the organization created ReStores, which accept and then resell donated materials, with all of their profits benefitting build projects. Along with furniture, home décor and other household items, the ReStores accept new and used building materials, such as doors, windows, light fixtures, plumbing, trim, cabinets, appliances, flooring, insulation, etc.

How does that relate to a renovation project? Oftentimes, homeowners will choose to undertake a project like a kitchen renovation to improve the function, flow and appearance of their space. That sometimes entails replacing serviceable, yet outdated in appearance, appliances, cabinets and fixtures.

By working with a contractor who can coordinate the orderly deconstruction of the space and the subsequent donation of these elements to Habitat for Humanity, homeowners can do a good deed that reaps them considerable rewards.

Here’s how the process would work on a typical kitchen renovation. As we approach the demolition phase of an applicable project, we would work closely with Habitat for Humanity to coordinate deconstruction. Habitat would then team with us as a subcontractor, carrying the required Workers Compensation and Liability Insurance. Their team would carefully go in and remove existing kitchen cabinets, outdated but functional appliances, and other fixtures that would be appropriate for resale at one of the local Charlotte ReStores.

This benefits the homeowner in several ways. On an altruistic level, you are giving construction materials to people who need them and who otherwise may not be able to afford a necessary change. It also allows you to “go green” by repurposing these materials by getting them into the hands of someone who can use them instead of merely throwing them in a landfill.

On a financial level, many homeowners want to do something good for the environment, but fear that it will cost them more – this is actually a way to save green while going green. Here’s why: It offers a significant savings on the costs of demolition and disposal. (Just think of how many dumpster loads of materials you won’t have to pay to remove, depending on the size of the project.) Finally, it allows you as the homeowner to receive a tax-write-off for your charitable contribution (consult your accountant for specifics on your personal tax situation).

With so many benefits, working with a contractor who has a relationship with Habitat for Humanity can help you save dollars while making sense for the environment and people in need. “Last year, the Charlotte ReStores raised enough money to build 12 complete Habitat homes,” notes Donation Manager Tim Murphy.

Six Misconceptions about Granite

Six Misconceptions about GraniteOver the past decade or so, granite has emerged as a solid leader in kitchen and bathroom surfaces. Yet many people still have misconceptions about the material. Here are some common myths and a look at the hard facts about this natural product.

Granite is Expensive. Actually, granite has become one of the more cost-effective options among solid surfaces. Thanks to its popularity, supply has increased, bringing the cost down by $10 to $15 dollars a square foot over the past several years. Some of the newer, fabricated materials are pricier.

Granite is Difficult to Maintain. Some homeowners worry about spotting or discoloration, but those fears aren’t well grounded. According to the Marble Institute of America, granite just requires warm water, mild dishwashing liquid and a soft cloth to maintain. If you can use a spray bottle like one you’d use to apply glass cleaner, you can apply the latest generation of sealants.

Granite Locks You into a Certain Style. There are myriad colors, shades and tones in even a relatively plain piece of granite. As opposed to a solid-color surface material, these variations give you unprecedented design flexibility – i.e., when you tire of a wall or accessory color, simply pick a different shade in the same stone and redesign from there.

Granite Isn’t Green. Granite is a natural material, so it’s difficult to get closer to nature.

Granite Isn’t Durable. Granite has withstood the test of time. There’s a reason we say “as hard as a rock.” It is heat-resistant and won’t crack under the pressure of normal wear and tear.

Granite Isn’t a Solid Investment. The kitchen is the area where homeowners are likely to recoup the most money from renovations – nearly 85% according to CNNMoney.com. And when it comes to the changes homeowners are looking for in kitchen renovations, granite is definitely a material of choice. It’s expected in high-end homes and is becoming an assumption in moderately priced residences as well. In this challenging market, you want to give your home every edge when it comes to resale, and granite in the kitchen has become an indicator of a quality project in what many buyers view as the most important room in a house.

10 Quick Summer Home Fixes

Spring Tips ChecklistAh, spring. That time of year when you eagerly venture outside to reclaim your backyard, scrape 10 inches of pollen off your lawn chair, and all too often, realize that the seeds of minor annoyances planted last fall have started to sprout. Take heart - a simple inspection of your home and yard can prevent small issues from blossoming into full-blown problems while still leaving you time to relax. Here are some things to look for and quick fixes that can have a major impact:

  1. Caulk and seal around windows and doors to boost energy efficiency. This is a simple, cost-effective way to go green by conserving energy while reducing your AC bills.
  2. Look for settling cracks in brick veneer and stucco that may indicate the beginnings of a foundation issue.
  3. Check your crawl space for standing water and/or your foundation for water damage.
  4. Repair rotted wood and trim around windows, doors and dormers. Prime and paint any areas where paint has peeled away.
  5. Check for water stains on ceilings or in the attic, which could indicate shingle or flashing problems.
  6. Inspect for sagging or damaged gutter components before the next heavy downpour.
  7. Have an HVAC specialist check your HVAC Freon and coils for dirt and debris. This year, Charlotte has had triple the amount of pollen we normally get. Changing air filters will help your HVAC work more efficiently and extend its life. (Follow manufacturer’s recommendations on changing filters monthly, every 3 months, quarterly, or annually.)
  8. Change the vacuum drive belt on your central or regular vacuum. Changing this belt annually preserves the vacuum motor and ensures that it’s working efficiently. Visit a trusted retailer like Himebaugh’s for more information.
  9. Have your pool water tested by a reputable local swimming pool supply store.  As you reopen your pool, you want to be sure that the chemicals are properly balanced and that your pump and filtration systems are working properly.
  10. Check lawn and garden irrigation heads now to make sure they’re functioning properly and recalibrate the zones seasonally to match each area’s changing water needs.

Roots Run Deep

Before

The contractor who completed a bathroom remodel for this client built a bathroom dormer and failed to flash it and set the window too low resulting in water damage.

If you’ve ever struggled to pull up what appears to be a small weed and been amazed by the depth and breadth of its root structure, you already understand the difficulties that can stem from seemingly simple home repairs.

Obviously, maintaining things properly is the best approach; if exterior wood is properly installed, caulked and painted, it won’t be as prone to rot; if damaged shingles are replaced, the roof won’t leak. Yet maintenance isn’t always possible, because you might not notice an issue until it’s too late or you may not know your home’s prior maintenance history.

After

We traced the source of the problem, repaired the structural damage, redesigned and replaced the dormer siding and trim, installed new copper step and counter flashing, new gutters, and reroofed the house.

At Palmer Custom Builders, the roots of our company are in home repairs. Over the years, as our expertise grew and as our clients requested, we expanded into renovations and eventually, custom homes. In this economy, we are finding that more people won’t fortify the foundation of their largest investment by investing in repairs, yet they actually may be weakening its structure if they rely on an inexperienced handyman instead of a skilled contractor. Here’s why:

We approach each repair as a puzzle to be solved. Rather than just replacing a water-damaged threshold, we look beneath the surface to discover what caused the problem: How did the water seep in? Is the weak point a split door jamb? Improperly installed siding or maybe lack of flashing? We then design a corrective measure to avoid future problems. Finally, we ask which materials we can use to minimize future maintenance and prevent this from happening again.

Those are many more steps than an inexperienced or average handyman would take - he may just replace a single board or piece of trim. Yet that means you’ll be calling him back to make the same repair again and again – ultimately costing you more and perhaps resulting in structural damage to your home.

On a similar note, the materials and proper installation techniques that a professional contractor uses will determine how long the repair lasts. Using advanced maintenance-free materials may require skills that a handyman doesn’t possess, or he may just be unfamiliar with the latest materials. You may pay less initially, but you’ll keep making the repair until it is done properly with enduring materials such as HardiPlank, PVC brick molding, primed trim for fascia (a composite “no-rot” trim material), soffits and other maintenance-free exterior siding trim. Once these materials are primed and painted, you cannot tell the difference from “real” wood, except when you see your neighbors busily replacing their wood trim, painting their homes’ trim and siding, and staining their wood decks while you are sunning yourself by your pool.

Lead Balloons

EPA Lead Safe CertifiedWhile most people are aware of the dangers that exposure to lead-based paint can pose – it effects children's brains and developing nervous systems, causing reduced IQ, learning disabilities and behavioral problems, and it can also lead to hypertension and high blood pressure in adults – what many homeowners may not realize is that a new Environmental Protection Agency rule may cause the issue to balloon.

The EPA’s new Lead Renovation, Repair, and Painting rule takes effect April 22, 2010, and requires that contractors working in a residence or facility built before 1978 where children are present must be an EPA Certified Renovator.

This rule was put into place after a four-year study determined that renovation work, including weatherization, window replacement, HVAC modifications, demolition of interior plaster walls, removal of exterior painted siding and trim, and drilling and sawing into painted wood and plaster, exposes both occupants and workers to the same kind of hazards as lead-paint abatement. That’s because, as the EPA notes, the most common manner in which people are exposed to lead is through lead contained in dust. (Just think of all the dust that demolition, drilling, sanding and drywalling stir up over the course of a renovation project!) As a result, all remodelers, painters, plumbers, HVAC technicians, etc. who work on homes or child-occupied facilities, such as schools and daycare centers, built before 1978 must have certified workers and their firm must be certified with the EPA. This rule applies to all projects (that homeowners do not do themselves) that disturb more than 6 square feet of a potentially lead contaminated surface inside a building or 20 square feet outside.

Here at Palmer Custom Builders, both Gary Palmer and lead carpenter Hunter Moxley hold this EPA certification. The training they received taught them how to effectively contain a work area to prevent the spread of possible contaminants into other areas of the home; proper construction and demolition methods designed to minimize the creation of dust; and EPA-approved clean-up methods designed to eliminate any lead residue.

As a homeowner, it’s vital that you check with your contractor to make certain that they’ve obtained this certification. Of course, there is the obvious reason – you want to be sure that your family is protected and that the contractor you hire takes his responsibility to care for them seriously. Yet it goes much deeper: the manner in which a contractor treats this certification is, in many ways, a reflection of their integrity that is likely to carry over into other aspects of how they run their business. In addition, not obtaining the certification before working on a project covered by this rule could cause a contractor to incur a stiff EPA civil fine of up to $32,500 per offense as well as an additional criminal fine of $32,500 plus jail time for knowing and willful violations of the requirements (in NC the fine is $750-$1,000 per day until resolved). Such hefty consequences may impact a contractor’s overall financial stability as well as their ability to complete and then stand behind your project. At Palmer Custom Builders, we are taking our responsibility to your family one step farther by testing any children residing in a home built before 1978 which has lead-based paint before we even begin work on the project. It’s just one more way we are striving to keep our customers safe.