Investing In Your Home In A Difficult Market
Many homeowners wonder if it pays to invest money into a home in this declining housing market. Others have to make choices on how they want to live. Some of us understand how important it is to maintain the value of our home, while those with long term goals simply want to enjoy their homes for many years and don’t really need to be concerned with the investments they make in their homes.
Whichever category you may fit into, we can help you make the most intelligent decision on which direction to take. One retired homeowner stated it correctly when he said, “I have lived in my home for over 30 years and love it. Each year we put aside a certain number of dollars that goes to repairs, updates and modernization of our home. By doing this we never have any major problems caused by roof leaks, plumbing issues or other problems that can end up costing us thousands of dollars and this way we can enjoy our beautiful, well kept home”.
We agree with this philosophy. It is wise to be prudent and not overspend on unnecessary improvements that won’t bring you the comfort or value you expect. Or course we all know two of the most important rooms in a home that will maintain value is the kitchen and the bathroom, but maintaining value is only part of the decision process. If you intend on living in your home for many years, then you need to make your house a home and that means making it a comfortable place to live and raise your family.
A good starting point for home improvement is of course the bathrooms and kitchen, but then you should look beyond these two rooms and examine your lifestyle. What rooms do you use most often? Is it a living room, family room or den with your giant flat screen TV? Is it the your home office or possibly the bedroom? Make a wish list of the most important rooms (to you) in your home and try to update the ones on the top of your list first. As time goes by, you will have moved down the list and your house will have been customized to fit you just right and in most cases if the work has been done by a professional contractor like Croce Home Improvement, it will not only give you years of pleasure, but also increase and maintain the the value of your home.
Energy Efficient Renovations
Today we are all becoming more aware of the cost of energy. Heating a home in the winter and cooling it in the summer can take a massive bite out of your homes budget. With so many new products becoming available to make a home more efficient and a vast amount of government and local incentive programs, it is wise to consider renovations to your home to make it more efficient. The most popular renovations of course begin with window and door replacement. Then new and efficient siding and roofing and finally better insulation in the attic and walls. We can even help you with your HVAC and plumbing needs so when it is time to replace your hot water heater, furnace or air conditioner, call us.
We can also help you determine which renovations you should make and how we can help you save money on many of them through various state and federal rebate and tax incentive programs. So when you think about your homes renovations, it is wise to consider those that now only make your home more attractive or functional, but those that will add comfort, value and reduce the monthly costs of heating and cooling.
Renovating A Home Office – Case Study
Recently we were called to help a homeowner renovate a 1970’s wood paneled home office. The room was a child’s bedroom years ago and has been used as a home office for the past 15 years. We were told that the room was so cold in the winter that the owner had to sit with a heater on his legs in order to work on his computer. The room had two exterior walls and a third wall shared with an unheated garage.
This was the year he decided to take steps to redo this office. The plan was to rip out all the walls, find out where the air leaks were, seal all of them, remove dangerous aluminum electrical wiring and replace it with copper and of course insulate the room properly and use 1/2″ sheetrock that would replace the original 3/8″ rock the builder supplied. To save some money and add additional insulation we decided to add the 1/2″ sheetrock on top of the 3/8″ rock on the ceiling thus giving us close 7/8″ sheetrock between the room and the attic. We also wanted to replace the carpeting on the concrete slab floor with warm and comfortable laminate wood floors to update the look and add comfort and better insulation then before.
The owners home was updated over the years and this room was the last one that needed the facelift. During the demolition and inspection, we found that the exterior walls of this room had large openings on the bottom of the walls. Apparently the builder used short pieces of exterior board that didn’t reach the bottom joists. The air was simply blowing in from these gaps into the room each winter and the hot air made it unbearable in the summer.
As you will see in our slide show, we used insulating foam everywhere and then silicone seal where the floor joists meet the floor to be certain there were no future leaks. Proper insulation was installed and many additional electrical outlets were provided before the walls were closed.
View The Stunning Makeover
From clutter and confusion to a dream office that encourages him to work properly while enjoying his beautiful work environment.