To keep remodeling costs under control, there are four key remodeling cost drivers: The design of the remodel, the materials you use, who manages the project, and how you pay for it.
Let’s review common ways to pay for your remodel and the pros and cons of each.
1. Loan against retirement account (e.g. 401k)
Pros: You pay yourself the interest on a loan against your 401k.
Cons: You lose the interest you could be making if it was invested. If you lose your job, most loans require you to pay the loan back immediately, and there can be significant income tax consequences.
2. Home Equity Loan
Pros: Usually tax deductible. Lump sum is paid to you at the start so you have flexibility of what you do with the money.
Cons: A second loan to manage. Shorter term than a standard mortgage. Requires that you have sufficient equity in … Read More
Just about everyone goes through a period in their life when they renovate a portion of their home. While the experience can be stressful, the right contractor can make a large difference in relation to the ease and continuity of the renovation process.
Once you’ve found the right home contractor for your specific needs, the next step will be to discuss the following with the contractor:
1. Time schedule – It’s important for the contractor to develop and discuss his time schedule with you, so you won’t have any stressful surprises, he will know what you expect from him, and you will know what to expect from him.
2. Sticking to the budget – If a contractor doesn’t know your specific budgetary constraints, he may assume to move forward with minor aspects of the project, which may develop along the way, without consulting with you. In contrast, if he is … Read More
If you want to be the homeowner of the best house on the block in Staten Island, Brooklyn, Long Island or New Jersey, then you want Hardy Plank! Hardy Plank siding has been around for one hundred years. It is continuously a popular product due to unmatched durability and appearance. Over the years, this fiber cement home siding has been advanced when it was mixed with sand, cement, and cellulose fibers for commercial and domestic buildings to be able to withstand even the harshest climates.
Hardy Plank Siding – Popular Throughout Staten Island, Long Island and Brooklyn
Countless homes in Staten Island as well as the rest of New York City, New Jersey and Long Island are making use of Hardy Plank siding, the next generation of engineered home siding.
Hardy plank siding, sometimes called “Hardy board siding,” doesn’t get its unique nickname because of its durability and strength. It’s … Read More
Many homeowners tend to make the mistake of not giving enough thought to flooring options. The right flooring can make a big difference in a kitchen. For instance flooring with light or neutral tones creates an impression of light and space. Stronger colors might work in a small kitchen, but not in a larger one.
The kitchen flooring is the foundation which your kitchen literally rests. By failing to give more consideration to your flooring options and selecting the wrong flooring will insure that an otherwise outstanding kitchen will look only average, and become dated sooner.
When selecting kitchen flooring, it is a good idea to select something that has elements of beauty and durability. Kitchen flooring can accent the counters, cabinets, and appliances. It must also be able to stand up to everyday wear, such as spills and heavy foot traffic.
When it comes to choosing materials for your … Read More
When doing a kitchen renovation or designing a new kitchen for you custom built home, you can choose many different exotic styles from around the world. If you have a limited budget, you can decide on the style and slowly renovate your kitchen when you have the money until it is complete. It is an important part of your home and family so make sure that it has enough light and ventilation and does not have a cluttered feel.
This kitchen renovation will bring to your kitchen a warm rustic mood with earthy colors. These colors can include hues of olive green, and yellow, and mellow shades of burgundy, gold, and burnt orange. The Tuscan kitchen stems from the Mediterranean architecture so blue also goes well with this design. To give your walls a rustic feel, you need to texture them using builder’s sand to the paint or do … Read More
As the population ages and more people are living with physical disabilities, housing and community development must be re-examined. Inaccessible homes impede the daily lives of people who are mobility impaired due to illness, accident or age. Visitors to inaccessible homes face the danger of falling on the entry steps, the worry of not fitting into a bathroom and the embarrassment of being carried up the stairs. An affordable, sustainable and inclusive design approach for integrating basic accessibility features into all newly built homes is a movement known as Visitability.
In 1988, The Fair Housing Amendments Act created accessible units in all new multi-family housing apartments and condos with four or more units. In 1990, the Americans with Disabilities Act greatly increased accessibility to all government and public buildings. But detached single-family houses and town homes, where the majority of the population lives, are the last part of the built … Read More
Remodeling projects can be a real challenge for homeowners. Since even small projects can be a significant monetary investment, it’s important to choose the right contractor at the right price. There are several steps homeowners can take before they choose a contractor that will save them potential headaches caused by hiccups during remodeling. Here is an easy-to-follow guide that ensures homeowners choose the right contractor for their remodeling project.
The first step homeowners should take is to shop around. Get recommendations from friends, family, or online resources to determine which companies are most reputable and dependable. Check out Yelp and Angie’s List to check customer satisfaction with different contractors. Before approaching contractors to discuss your remodel, make sure you have drawings or specs that illustrate what work you want done. It’s hard for contractors to create an accurate estimate based on vague ideas.
Before making your decision, get at least … Read More
Needless to say, the law favors consumers against fraudulent general contractors and remodelers. But that doesn’t always protect a person from being duped. Here are a few things that you ought to know about a general contractor.
– In some places like New York and Washington general contractors are required to furnish a bond to the Department of Labor and Industries. This deposit shall be used to compensate aggrieved customers looking for compensation from customers.
– In some places the contractor is required to furnish a notice to the customer for residential projects that are over $1000 and commercial projects that are over $60,000. Even you can ask the contractor to post a bond for the entire cost of the project if it costs more than $6,000.
– General contractors who are engaged in gutter cleaning, lawn care, pruning, window washing etc. need not seek license. But contractors whose work … Read More
Square D breakers are some of the most popular breakers on the market today, and have been popular for many years. Commercial Square D breakers use a complicated numbering scheme that can be very beneficial to understand. These methods apply to both new and used breakers.
First, we’ll look at a common Square D part number that is available as a new or used breaker, the Square D KA36200.
Frame type: K
Number of Poles: 3
Volts: 6 (600)
As you can see in this example, the part number KA36200 means it is a type K frame, standard interrupt, 3 poles, 600 volts, and 200 amps. These types of breakers usually come in several different varieties, most commonly with different amperages. A 300 amp breaker would be numbered as KA36300.
Square D offers many frame types. The frame type … Read More