Your Own Home Improvement Outline
by Dan Auito
This report is written for those people who may want to improve or update their
own home so along those lines, I would like to give you an overview of the
factors that may lead you in creating a more effective and successful home
improvement project or plan of your own.
Let me begin by saying what a home improvement plan will not do! I have seen
this happen more than once, so I will say this now. A home improvement project,
addition, upgrade, remodel, or makeover will not make up for a troubled
marriage. So for those that think home improvement may save a marriage, I’m
telling you now that it will add more stress and it is a poor substitute for
proper counseling.
With that said, when you see a home being sold due to a divorce, take a good
look at the house because you may see evidence of a great remodel job. However,
the marriage still failed. The scenario above leads into other areas of home
remodel, acquisition and selling points. Gentlemen, pay attention here! It is
generally recognized that women are responsible for 80% of all decisions on
whether or not to purchase a particular home.
So what influences the ladies in their decisions concerning home purchases and
remodeling? By far the two biggest items are the kitchen and the bath. If I had
to choose one or the other, I believe I would look at which area was in need of
the remodel more, while at the same time looking at the costs of both options.
As for the men, what do they want? They would be happy with a large
garage/workshop plus a secluded den or office to carry on with business or to
retreat to the solitude of a “cave.” Men, as we can see, really don’t spend as
much time feathering the nest so as a result we see that contrary to popular
belief, men really tend to follow the female’s lead.
Generally speaking, you’ll find that men don’t pay much attention to draperies,
window treatments, flower boxes, state of the art appliances, Jacuzzi tubs,
well-lit bathrooms, large closets or floral patterns of any kind. They often
prefer brown and gray everything, with a big garage, a shed, a sprinkler system
and a privacy fenced back yard for barbeques and lounging in private. Men also
like low maintenance houses so they aren’t constantly being asked to fix or
repair things. If left up to the men to decide, you would find that faucets,
toilets, sinks, baths, floors, mirrors, cabinetry, appliances and furnishings
would tend to be favored by their industrial strength qualities as opposed to
beauty.
Those are general observations and many times they will not apply. However, by
keeping them in mind and using the 80/20 rule, they may help in the decision
making process. So now using what we know, it would be wise to slant your
remodel towards the light and bright feminine side of life. It seems to make
sense that if the women are the decision makers then we should let them decide
on what really needs attention first!
Let’s look at the kitchen first. Can you paint or refinish the cabinetry
and change the knobs and handles to get the new look? Would new Formica laminate
over the old counter tops with a matching backsplash do the trick? Maybe a white
ceramic sink with a new faucet will achieve the desired effect. Quite possibly
you may decide to rip it all out. If that is the case, then paint the walls and
consider tiling the floor also. Often times, adding some minor electrical and
lighting upgrades will help transform and modernize the entire effort. Don’t
forget the new built in dishwasher and plumbing as well.
Custom cabinets, if designed, built and installed by a local reputable
cabinetmaker with references and a picture book of previous work done, are often
very attractive in price and quality. I use craftsmen with low overhead who work
on one job at a time. Often I will ask them to make, in addition to the kitchen,
a base cabinet for the bathroom to match, all for one low price. When working
with kitchens I always look to see if a wall can be opened up to create a pass
through or bar stool counter top. This lets in more light and allows the person
in the kitchen to talk with and see the people in the adjoining room. It also
creates the effect of a more spacious kitchen.
The bottom line is that a well-lit, light, bright and spacious kitchen, well
equipped with modern appliances, plenty of storage space and decorative tiles,
paint and window treatments, will add value and appeal to any home’s remodel
plan.
Next, lets look at remodeling the bathroom. Here again, we look to the
feminine side as the women seem to spend more time here then the men. So with
the ladies in mind concerning the upgrade, I will often bite the bullet and rip
it all out, the tub being the only exception! If I can leave the tub in, the job
is easier, faster and cheaper. However, if I am looking at an olive green or
yellowed chipped up and rusting ceramic eyesore, than a new fiberglass insert
with a sliding glass door is going on my list of items to buy at the local Home
Depot.
Jet tubs are the in thing, so I won’t rule them out as a possible upgrade. This
decision again is based on the female as most men don’t take candlelit bubble
baths or require a pulsating massage. Walls are painted with Sherwin Williams
semi-gloss paint which creates an excellent moisture barrier to the walls. With
regard to walls, by adding tile or laminate half-wall wainscoting to the lower
three to four feet of the wall, you’ll add a nice touch. Since you have torn out
the old toilet and base cabinet, now is also the perfect time to rip up the old
vinyl and put down ceramic floor tile before the new fixtures are installed.
New lighting, mirrored vanity cabinets, G.F.I. electrical outlets, wallpaper
borders, towel rings and bars are usually the finishing touch. Even a man can
appreciate coming home to a spacious, clean, modern, functional and
aesthetically pleasing kitchen and bath. One final note here: Be sure to caulk
everything when you’re through. You’ll want to protect your new investment from
rotting, from the inside out. Dampness and wood eating insects are your homes
worst enemies.
Now with the kitchen and bath out of the way, what do you feel is next? I myself
spend on average about seven hours a day in the bedroom, so I tend to go there
next. Once again, the closet is of importance to the ladies so I will look to
paint that bright white, upgrade the lighting and install a closet organizing
system to maximize the space that is available. A tip for the guys! Put in a
shoe rack for the ladies, as most of you wouldn’t even think about that little
upgrade.
Once the closet is done, I’m back patching and painting the rest of the room.
Another smart thing you can do is to let the female decide on what color of
Sherwin Williams brand satin super paint they would like to have applied. I
always make sure I get enough paint to do the ceiling as well because when
you’re on your back, you will be looking at it. Once the walls and ceiling are
done, the ceiling fan with light kit and dimmer switch go in. Then the
baseboards are prepared for installation before the carpet goes down. Usually I
paint them a shade darker than the walls and tack them to the wall about
one-half inch above the floor.
Now that the paint is put away, it’s time to install the plush carpet and a
dense quality pad beneath it. In order to really bring the room together you
will need to take a paint swatch or chip to the carpet dealer to choose the
carpet color that really sets off the walls and base board trim. As for final
touches, those include mini blinds, a curtain, and decorative switch plates and
receptacle covers. A solid core door represents today’s modern standards with a
keyed lock set for security, so I will add that factor in too. Just add candles
and you’re done!
As for the rest of the house, I will choose one-color paint and use it
throughout all the remaining areas that are to be lightened and brightened.
Earth tone, eggshell or tan sand colors are a neutral favorite of many, so
unless you have a floor that is going to clash with it, earth tones are a safe
bet. Speaking of floors, I will follow appraisal rules that tell me wood is
better than carpet, except in bedrooms. And tile is better than vinyl. With that
in mind, I will use tile and Pergo flooring everywhere else. Once the tile and
wood are installed, I never have to replace it and maintenance is a breeze. The
appraiser also looks upon wood and tile as an upgrade, so at the earliest
opportunity, they are getting incorporated in my plans.
There you have it! A general Joe homeowner remodel job, but what about the
infamous addition? With this consideration, you’ll have many more options to
weigh, so let’s take a look at some of the pros and cons of adding square
footage.
When Does It Make Sense to Add Square Footage?
#1. Is it physically possible, legally permissible, and financially
feasible? Will the new addition serve your intended purpose to the maximum
extent?
#2. Does the current floor plan, layout or design of your home allow for
a smooth flowing traffic pattern in, out and through the proposed addition?
#3. Will your lot size accommodate a larger dwelling and will the
neighborhood surrounding your home support the higher value that you expend?
#4. How long do you intend to stay in the house that this upgrade is
planned for? Five years from now, will the addition return, dollar for dollar,
the money you have spent to the sales price of the home if you sold it?
#5. Are you prepared to deal with draftsmen and plans
development,contractors, building officials and permits? Will you mind living on
a construction site for about 6 months? Are your finances in place with an
additional 10% set aside for cost overruns? Has everyone agreed upon what this
addition should look like and the purpose it will serve?
Let us say you have considered the above and would like to continue towards the
improvement. From here, we should consider the economic principle of what is
called progression.
Example: You have a 2-bedroom, 1-bath home, located in a neighborhood of
more expensive 3-bedroom, 2-bath homes. In this case you could, with more
certainty, add another bedroom and bath and expect to be able to realize or
achieve the value from the addition’s expense as the more expensive homes around
you will tend to pull the value of your home up along with theirs.
Now the reverse is also true, so you must consider the opposite case that is
called the principle of regression. That says that if you over-improve
beyond the value of the homes that are surrounding you, then those lower value
homes will tend to keep the value of your home in the lower price ranges. So
putting it another way, try not to pass the point of diminishing returns.
In essence, saying that you can only improve so much before you reach a point
where, for every dollar you spend, you will receive less of that same dollar
back when you sell.
A good rule of thumb to use is to try to get at least two dollars of increased
value for every dollar you spend. Once you begin to approach “break-even,” then
you should consider maintaining what you have as opposed to adding to it. A
simple way to say it: Don’t over-improve!
Another watchword to know is super-adequacy. That would be like putting
gold faucets in a mobile home. It’s overkill and too high-end for the properties
overall value, so the final decision on remodeling and additions comes down to
balance and a happy medium being reached. Also, take into consideration the
cost, aggravation, the net gain, the need for improvement, the improved quality
of life, the suitability to all occupants taste, needs and desires and in the
end the ability to receive a higher sales price.
I choose to remodel more often than add-on because it goes much faster and the
profits role in quicker too. If I need more space to live in, I simply remodel
the house I’m in and rent it out for top dollar, and then get an equity line to
buy a bigger house! When remodeling my own home I will attempt to do everything
myself, aside from building cabinets or rewiring electrical circuits. As with
everything else, if I get in over my head, I will concede defeat and call in an
expert to finish what I started while I learn where I went wrong by watching
them finish it up.
A Few Parting Shots That You May or May Not Know
Painting everything inside and out is the greatest value producing improvement
that you can make on a dollar for dollar return basis. When painting, ensure you
buy the absolute best paint available, as it is true that the expense of
painting lays in the application of the paint not the paint itself. So, if you
have to apply two coats because of an inferior watered down paint then the cost
just doubled in time and the added paint needed to get the job done.
This next tip alone will save you the cost of this entire book and here it is.
Without naming any names, whether it be the manufacturer or the distributor of
the product, there is a problem out there with what used to be considered top
brand, quality paints. It has been said that some manufacturers have thinned out
their paint and left their good name on, all in the name of allowing certain
retailers the ability to sell hundreds of thousands of gallons a month at what
appears to be a bargain price. Unfortunately, the consumer is fooled by the name
and ends up coming back for more paint when they find that it takes more of the
thinned out product to get complete coverage.
I, for one, as you can well see by now, am a real fan of Sherwin Williams brand,
super paint. This blend is so superior in my mind to any other paint available
to the little guy, that I refuse to use anything else. I have applied it to
exterior walls located in the worst conditions and climates and ten years later
it's still as good as the day I put it on. The elasticity, color and protection
are
still in place with absolutely no chalking, cracking or deterioration of any
kind, The same goes for interior paint as well. The coverage and wash ability
are unmatched!
I also would like to say Sherwin Williams has not paid me to say one word of
this. It is for your sole benefit that I harp on it to the degree that I do, as
it burns me to no end to see trusting people get ripped off and not even know
it!
But wait! It gets even worse. As if to add insult to injury, the retailers don’t
really even shoot for the highest profit margin on the paint. They make their
profit when you start buying all the tape, rollers, trays, brushes, handles,
scrapers, sand paper, buckets, screens and new fangled gadgetry along with a
host of other products that may be required to finish all phases of the job at
hand.
Has anyone ever told you that? If you doubt it, take a viscosity cup and run the
super paint through it and then do the same with the other paint. After this
test, you will need no further proof of which paint is going to save you time
and money in the long run.
Well, enough said. I hope you get the point on paint. Now another thing you can
do to improve your home substantially is landscape it. Landscaping, if done
right, can add up to 30% to the value of your home. I prefer to plant shrubbery
and low maintenance hardy plants and trees of all types. A few flowers to add
color and my job is done.
Back to the addition. If you decide to add a room or two, it has also been
proven that you can save about 30% here too by being your own contractor. I
would encourage you to get a book titled, “How to Be Your Own Contractor,” as it
will often take an entire book to give you a proper grounding on the subject.
Just know this! It is entirely within your realm of ability to tackle the over
site and scheduling that you would pay that 30% to the general contractor to do.
If you feel up to the task, get a book and be vigilant. In the end, you will
have that new addition at a significantly lower price.
Bio:
Dan Auito is a dual-licensed real estate agent and appraisal assistant. In
addition to being a 20-year veteran of the United States Coast Guard, Dan has
also founded a non-profit drug prevention corporation, a real estate consulting
group and is the author of “Magic Bullets in Real Estate.”
Dan lives with his wife Kimberly and their two children, Brandon and Briana, on
the emerald isle of Kodiak Island, Alaska.