If you are thinking of adding an addition to your home there are some things you will wants to be aware of.

If you decide to add a new space, ask yourself the following questions:

* Can I finance the home improvement with my own cash or will I need a loan?

* How much equity is in the property? A fair amount will make it that much easier to get a loan for home improvements.

* Is it feasible to expand the current space for an addition?

* What is permissible under local zoning and building laws? Despite your deep yearning for a new sunroom or garage, you will need to know if your town or city will allow such improvements.

* Should I make the improvement myself or hire a contractor?

Many homeowners consider going to job alone to save money. Consider how much time you have, your level of expertise or willingness to handle the job, amount of help from friends or relatives, and how much you want, or need, to save by doing the job yourself. You could save up to 20 percent of the project cost through your own hard work.

Be aware, however, that you may need to call in the pros. Going it alone can sometimes lead to spending more time and money. if problems arise.

Most home improvement experts suggest that homeowners who do not have a lot of experience should stick to painting, minor landscaping, building interior shelving, and other minor improvements.

There are so many things to think of when buying a home. It can be difficult to think of everything when you are house shopping. When you tour potential homes it can be easy to get caught up in things that may not be as important after you move in like storage, parking, and privacy.

When home shopping you should make a checklist of the things you must have in a home so you don’t get caught up in the new granite countertops or the beautifully decorated master bedroom. Think function over style when making a buying decision.

Here are some things you may want to consider putting on your must-have list.

Storage
When walking through a home make sure to make note of the amount of storage. A good staging job can disguise a home with too little storage. Imagine the home with no furniture and picture your furniture and belongings in place. If you are seriously interested in the home bring a sketch pad and measure the rooms and draw a quick sketch of walls, doors, windows and closets.

Location
Consider the location of the home to places you frequently travel. You may only be a few miles from the store or work but what is the commute like? Do a practice run at rush hour from the home to your work. If you are moving near public transportation give that a try too. Make sure to try the commute both ways.

Enough Power and Water Imagine waking up the first morning in your new home and finding out the water pressure is barely enough for a shower or the water gets cold half way through.  It is important to determine if the plumbing and wiring can accommodate your lifestyle. Check the size of the hot water tank and run a few plumbing items at a time to check the water pressure. Talk to your home inspector about the electrical system. Make sure the home inspector knows the kinds of electrical equipment you run and the number of people that will be living in the home.

Privacy
Many buyers overlook privacy until it’s too late. Try to spend some time in the house. Look out the bathroom and bedroom windows and test what you see. Do a walk-through of the home and pretend to go through your day. Sit in the back yard and on the deck to see and listen to the neighbors.

Tagged with:
 

Home Buyer Beware

On March 12, 2015 By

No Better Time to Buy

On February 26, 2015 By

Your Future Home

On January 29, 2015 By

What Buyers Want in a Home

On January 22, 2015 By
Set your Twitter account name in your settings to use the TwitterBar Section.