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Remodeling Your Home The Right Way - Making it Pay!
By Jim Gilbert

** Proper Remodeling MAKES you money!
Remodeling your home properly can actually MAKE you money! New home construction costs are soaring, so there are certain financial gains that can be achieved from remodeling and existing home – and, these gains are greater than ever before!

Basically, remodeling adds equity and therefore capital gains that can be deferred until the home is sold. In addition, tax laws have made remodeling even more attractive to the investor by limiting the tax write-offs allowed on new investment property. The trick is not to overspend -- your objective is to spend one remodeling dollar and build more than one dollar in additional equity in your home.

** Remodeling Mistakes Can COST You BIG Money!
Know the value of your home in its market. If you are in a neighborhood where homes like yours are only selling for $200,000, then spending $50,000 in remodeling is very unlikely to produce a positive ROI on the remodeling project.

Have a good honest independent appraisal done of your home and pick only on the projects that will increase the value of your home. Reasonably priced kitchen and bathroom remodels work extremely well. For these big jobs always use qualified professionals in the renovation. In many U.S. states virtually anybody can claim to be a remodeling contractor. These may not the people you want renovating your home! YOU want contractors with a verifiable history of successful projects and financial stability.

REMEMBER THIS: YOU assume financial liabilities when you hire a contractor. So, make them prove they are reputable. Did You Know ... If a remodeling contractor performs work on your home but does not pay his supplier for the materials, the supplier can put a lien on your home.

** Go for Cosmetic Improvements!
These remodeling improvements include interior and exterior, painting, new trim, new flooring, cleaning up of unsightly areas, landscaping, and other items that damage the appearance of the home. Most people's impressions of a home are made in the first 5 minutes, and are always related to how the home looks and feels.

Home marketing experts have long known the power of color and texture to influence the moods and perceptions of the buying public. That's why so many plain products are sold in fancy packaging. The proper use of paint on a house can, in the first 5 minutes, influence a potential buyer to buy your home.

** Simple Painting Produces a Great ROI!
Painting your home inside and out is the cheapest and most productive cosmetic improvement you can make - colors... colors... colors...

This is what a fresh paint job does and why:

  • Makes the home appear clean and fresh...

  • Eliminates "old house" odors...

  • Covers patches and imperfections in walls...

  • Makes a room appear larger and brighter (if the color is right)...
     

Avoid these painting mistakes:

  • Only choose exterior colors that complement your neighborhood and the period flavor of the house...

  • Avoid interior colors that are too wild or bright. Allow accent pieces in the house to provide the bright colors.
     

** Curb Appeal - you have to get them in the door!
Simple Painting Produces a Great ROI! Along with good exterior painting of your home, certainly spruce up the landscaping, but make it an improvement -- not an investment!

No real curb appeal is possible without an attractive yard. Many older houses are overgrown with large foliage that obscures the house and produces a dark or dreary atmosphere. Trim large plants to expose your home. Add some small accent plants around the yard can make the yard appear "well groomed". If your lawn suffers from poor upkeep or bare spots, consider rock or foliage gardens to cover the affected areas.

Whatever you do, don't overspend on landscaping. A few landscaping dollars can go a long way. Excessive landscaping will not increase the value of your home a great deal. In fact, it can reduce home value if the buyer perceives hours spent in the yard grooming, cutting and pruning.

** Kitchens and Bathroom Must Sell Your Home!
So paint and landscaping got them in the door -- now close the deal with the kitchen and bathrooms. Minor kitchen remodeling can be quite cost efficient and entail as little as new floor coverings and painting of the cabinets. But, a major kitchen overhaul can bring a greater return on investment than minor face-lifts. The idea is to produce more space, cleanliness, brightness, newness. Even new cheap appliances help produce what you are after.

Recent trends are toward lavish and spacious baths. The two-bath house has become a standard. Adding a second bath to a home may not return its full value, but it eliminates a major obstacle in selling a home. Because of the high cost of tearing out old fixtures and installing new ones, consider doing some of the work yourself. Tasteful decorating and a wise choice of fixtures will quickly add to the general value of your home without costing a small fortune. Estimating a remodeling project can be a real challenge, since many necessary repairs may be hidden behind walls and floor coverings.

and FINALLY...
Living with a remodeling project can be a stressful endeavor -- Projects never go as smoothly as expected and invariably encounter delays. Plan for this and learn to live with it! Regardless of whether you do the work yourself or hire a professional, remodeling an occupied home can be challenging and dangerous. Be prepared for dirt, sawdust, interruptions of electrical and water service, noise and general inconvenience. Don't under estimate the psychological toll this will take on your and your families’ personal life.
 

J Gilbert is writer for The ORBL Series of Home Remodeling an informative site dedicated to helping consumers understand what remodeling is about and how to find good remodeling contractors. For specific information on ORBL tips on kitchen and bathroom renovations, see Kitchen and Bathroom Remodeling.

Article Source: http://EzineArticles.com/?expert=Jim_Gilbert

Key Bathroom Remodeling Ideas

Author: Ken Marlborough

One of the simplest ways to start planning your bathroom remodeling is to tour other bathrooms to get bathroom remodeling ideas. Pay attention to what you like and don't like. Scoop out friends' bathrooms when you visit, tour houses for sale, check out design magazines, and cruise the Internet for inspiration. Ask yourself questions to generate your own bathroom remodeling ideas.
 READ THE REST OF THIS ARTICLE

 

Kitchen Remodeling Costs

Author: Ken Marlborough

It is important to prepare a budget for your kitchen remodeling plan before you start implementing it. Without a complete and detailed budget prepared before the kitchen renovation begins, you may get swept into a spending spiral of unbudgeted extras.

Limit spending on the kitchen remodeling to about 15-percent of your home's value.

Be well informed about the cost of each component in your remodeling plan. Surf the Internet, gather product literature, bug friends who've remodeled, ...  READ THE REST OF THIS ARTICLE

 

 

News and Resources

1.Kitchen Bath Remodeling Techs jobs - San Jose, CA
View all Owens Corning HOMExperts's Jobs Kitchen & Bath Remodeling Techs. - (US-CA-San Jose) Search 100,000 FRESH Jobs! Put your skills to work with HOMExperts, the high-growth service division of ...
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2.Finished Basement Room Addition Remodeling Testamonials
... from customers after doing various Home Improvements and Remodeling jobs. I am very pleased with my bay window. I get many compliments and will not hesitate to recommend Oakbridge Construction. M. S ...
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3.Residential Repair Remodeling Technician jobs - Paramus, NJ
View all Owens Corning's Jobs Residential Repair and Remodeling Technician - (US-NJ-Paramus) Search 100,000 FRESH Jobs! Put your skills to work with HOMExperts, the high-growth service division of ...
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4.http://www.homerepairworkshop.com/
... yourselfer, or if you are a home owner who contracts with professionals to do most repair and remodeling jobs, you will find this site most informative. The do-it yourselfer will see how certain jobs ...


5.Swimming Pool Remodeling Services
... On the other hand, home pool remodeling jobs that require tile and coping or are being extensively remodeled require additional construction time. Be assured that when a project commences, we will ...
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6.Remodeling jobs - Goodell Tool Sets for all your work related and household
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Remodeling Jobs Taos Court A 2-Bedroom Condo totally trashed by the tenant and water damage Prince Place A 1-Bedroom Condo that suffered from years of being a rental unit Newport Rd a 3-bedroom ...
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9.Remodeling Magazine - Free Subscription
... 5. Do you specify, purchase or influence the selection of products used in remodeling jobs done by your company? Yes No If yes, please check the products below that you buy/specify/influence the ...
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10.How To Plan and Execute A Great Remodel - ReliableRemodeler.com
... Determine Your Budget In Advance Remodeling jobs can vary dramatically in price. Your final cost depends in large part on the price of the materials you want. Labor costs can be affected by some ...
http://www.reliableremode .../newsletter/feb02.asp


11.Top 10 Remodeling Tips
... Some remodeling jobs, such as a prudent overhaul of a very dated bath or kitchen, or the addition of a second bath to a one bath home, can return more than 100% of the cost at the sale of the home ...
http://www.americanhomeow ...p10remodelingtips.htm


12.April 2002 Products
... They can secure tub or shower valves, shower risers, tub drops and almost any hot or cold water supply stub out in new construction or repair/remodeling jobs. Sioux Chief For more information, click ...
http://www.contractormag.com/products/0402/


13.Print-All Page: October 24, 2005
... com) Baltimore Sun (10/19/05); Dorcas Taylor Remodeling That Makes Sense The average payback in recent years for remodeling jobs has ranged between 79% and 86% when the home was sold, according to ...
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14.Bathroom Remodeling Silicon Valley California San Jose
... We guarantee our bathroom remodeling jobs for a full Five Years. Your bathroom remodeling job will be completely bonded. We use only the best quality materials. We repair existing subfloor water ...
http://www.mybath.info/


15.Ellis Insurance Agency, Serving San Antonio and Texas
... Along with the booming new home market, remodeling jobs are occurring in record numbers. Lower mortgage and interest rates are the prime influence and are a key factor in pushing up not only the ...
http://www.ellisinsure.com/newsletter.htm


16.Mountain Home Idaho Real Estate - Meridian Real Estate
... I have many years experience in the building industry itself as a construction remodeler estimator to a project manager for remodeling jobs from design to finished homes, large or small. In other ...
http://www.randygridley.com/


17.Bridgegate Construction - Frequently Asked Questions
... Answer: Change Orders are routine on most new home or remodeling jobs. In fact, it is rare that a project will proceed without any changes to the original contract. At Bridgegate Construction : Any ...
http://www.bridgegateconstruction.com/faq.htm


18.Small Kitchen Remodeling
Small Kitchen Remodeling Often Small Kitchen Remodeling jobs pay the largest dividends If you have a Small Kitchen, chances are you have the most to gain from Kitchen Remodeling. It is in small ...
http://www.home-improveme ...itchen-remodeling.htm


19.Kitchen Remodeling - Jobs Retail Home Improvement
... Idea Remodeling Improvement And Remodeling In Home Computer Repair Interior Remodeling Jerrys Home Improvement Jobs Retail Home Improvement Kitchen And Bath Remodeling Kitchen Bathroom Remodeling ...
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