12 Sanity Savers to Get You Through Your Home Remodel

It’s easy to get excited about a home project at the beginning, when the work seems theoretical and you hear yourself saying things like, “Oh, we could just knock all of these walls out, no problem!” Then reality sets in. The workers you hired go AWOL, your budget is blown and you can’t find your good shoes under the pile of scrap wood and duct tape. It’s time to take a deep breath and make a plan. Read on to find a dozen ways to stay sane while you are creating your dream home, no matter how long it takes.

 

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Sanity Saver 1Richard Bubnowski Design LLC, original photo on Houzz

1. Have a plan A … and a plan B and C too. Even when you set what seem like perfectly reasonable goals, things have a way of coming up unexpectedly to bump your project completion date further and further back. Having a back-up plan (or two) is key.

I find it helps immensely to think of your goal in three parts. There is the ideal goal — if everything went right and there were no snafus, this is what you would want done by a certain date. Then there is your plan B, where you pare down your list to the essentials. To make a plan C, pick just one thing that if you got done would still make you feel somewhat accomplished.

Sanity Saver 2Soorikian Architecture, original photo on Houzz

2. Take “before” photos. In fact, take lots of photos throughout the process. When you feel motivation beginning to falter, take a look at pictures from early on in the process to remind yourself just how far you have come.

Sanity Saver 3Young House Love, original photo on Houzz

3. Start a blog. Just like many diet and exercise programs recommend sharing your plans with supportive friends and family members, I advocate starting a blog as a way of holding yourself accountable during the renovation process. After a rough day, when nothing went as planned, at least you can vent your frustrations in a blog post and get kind words of support in return from readers all over the world.

They did it: Sherry and John started their blog Young House Love while they were fixing up their first home, and it became a wildly popular and award-winning site that attracts many visitors each day. Realistically, most of us won’t become the next Young House Love, but starting a blog can still be a worthwhile project and documentation of your home progress.

4. Focus on making it livable first. This may sound obvious, but it is all too easy at the beginning of a project to take on too much. By saving some of the cosmetic changes (like decorative tilework) for later and choosing to focus on essentials (like plumbing) now, you will make your life much easier.

Sanity Saver 4Richard Bubnowski Design LLC, original photo on Houzz

5. Schedule your renovation in stages. During an extensive renovation, be smart about the order you work on things if you are staying in the house at the same time. Work to finish bedrooms and a bathroom first, so you can have a comfortable area to live in while other changes are going on.

6. Set one small, attainable goal each week. Tasks like putting up new house numbers, ordering something you need online, or patching holes in a wall do not take very long, yet being able to cross something off your list — and see visible improvement— will help keep you motivated.

Sanity Saver 5Holly Marder, original photo on Houzz

7. Help the pros by doing your job: Be decisive. Yes, contractors, architects and designers can sometimes go beyond the original schedule, but each time you change your mind or put off key decisions, know that the process will take that much longer. The best thing you can do to speed progress is to maintain a clear vision of what you want and communicate it clearly to all of those involved in the project.

8. Stay busy during downtime. It is inevitable that there will be times it seems that nothing is happening. Whether due to a tight budget, workers vanishing midproject or simply a stretch of bad weather, it is important to keep your spirits up when work stalls out.

Try keeping a list of simple tasks that you can do anytime. Then, when you start feeling antsy, pull out your list and get to work. Cleaning, organizing, decluttering and doing small repairs are all good places to start.

Sanity Saver 6decordemon, original photo on Houzz

9. Pitch in and do some work yourself. Even if you’ve hired pros to do the bulk of your renovation, consider taking on a small DIY project of your own. Using your own hands to pitch in and improve your home can be incredibly satisfying.

10. Make your bedroom a refuge. Even if outside your door is quite literally a disaster area, having a calm, relaxing spot to rest and recharge can do wonders for your spirit.

Sanity Saver 7Mykonos Panormos Villas, original photo on Houzz

11. Use your outdoor space. If the weather is good and your project is taking place indoors, setting up a comfortable outdoor living space is a wonderful way to get away from the noise and chaos of the renovation. I’ve heard of people setting up full outdoor kitchens to use while the indoor kitchen is being remodeled, and I think it’s a wonderful idea.

Related: Pull Together Outdoor Furniture Pieces to Relax On

12. Remind yourself why you are doing this … Clicking through your inspiration photos is a great way to get juiced up about your project all over again. You can also try simply closing your eyes and visualizing your home project completed, vividly imagining every little detail, and how wonderful it will feel to have it all done.

… and know when to get out of town. Of course there are times when it’s best to admit it’s time for a break. When the entire house in in utter disarray, taking a spontaneous weekend getaway can be just what the doctor ordered.

By Laura Gaskill, Houzz

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Memory Lane

Today we will take a fun trip down memory lane.

Did you know that it was the fall of 1981 when mortgage interest rates hit their all time peak? Yes, it was this time 36 years ago when 30-year mortgage rates hit 18.39%.

1980's Roller DiscoYikes!

It’s important to note that in those days, not many home buyers were opting for a 30-fixed loan because rates were so high. There were a lot of people looking at adjustable rate products as a way to reduce the monthly payment.

Just for fun, let’s look at what a monthly payment would look like if those same rates from 1981 existed today.

If rates were 18.39% today, a $350,000 home with a 20% down payment would have a monthly principal and interest payment of…

$4,309! Yikes!

Thank goodness rates aren’t that high today. They are actually about 15% lower!

Today’s 30-year rate sits at 3.83% (which by the way is roughly half of the long term average).

A monthly principal and interest payment on a $350,000 home with 20% down is…

$1,309. Three thousand dollars lower than it would be using 1981 ‘s rates.

For a detailed look at what’s happening across Colorado, request our quarterly market report called “The Gardner Report“, written by Windermere Real Estate’s Chief Economist, Matthew Gardner.

The post Memory Lane appeared first on Best Real Estate Agents in Northern Colorado.

Memory Lane

Today we will take a fun trip down memory lane.

Did you know that it was the fall of 1981 when mortgage interest rates hit their all time peak? Yes, it was this time 36 years ago when 30-year mortgage rates hit 18.39%.

1980's Roller DiscoYikes!

It’s important to note that in those days, not many home buyers were opting for a 30-fixed loan because rates were so high. There were a lot of people looking at adjustable rate products as a way to reduce the monthly payment.

Just for fun, let’s look at what a monthly payment would look like if those same rates from 1981 existed today.

If rates were 18.39% today, a $350,000 home with a 20% down payment would have a monthly principal and interest payment of…

$4,309! Yikes!

Thank goodness rates aren’t that high today. They are actually about 15% lower!

Today’s 30-year rate sits at 3.83% (which by the way is roughly half of the long term average).

A monthly principal and interest payment on a $350,000 home with 20% down is…

$1,309. Three thousand dollars lower than it would be using 1981 ‘s rates.

For a detailed look at what’s happening across Colorado, request our quarterly market report called “The Gardner Report“, written by Windermere Real Estate’s Chief Economist, Matthew Gardner.

The post Memory Lane appeared first on Best Real Estate Agents in Northern Colorado.

Remodeled Ranch With Beautiful Landscaping

Featuring 3 Bedrooms, 2 Bathrooms And A Heated Garage!

Broomfield Heights 3 bed / 2 bath ranch with remodeled kitchen and baths. Wheelchair accessible home with tile and hardwoods throughout. Granite counters, SS appliances and gorgeous maple cabinetry. Tinker in the garage all winter with radiant-heated slab and rear driveway; no shoveling! Peaceful backyard setting with deck and great landscaping. Feels like custom home with designer touches, soffit ceilings, art niches, built-in bookshelves and much more! New roof/gutters to be installed before closing!

For more information, please visit http://windermerenoco.com/listing/67473494 or call Aaron Pearson at (970) 460-3033.

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Buying Waterfront Properties – What You Should Know Before You Take the Plunge

Living on the Water Is a Lifestyle

Enjoying direct and private access to the water is typically the primary motivator for buyers seeking a waterfront property. As such, it’s really important to consider how you intend to use your waterfront. For example, if you’re a boater, evaluate the moorage at the property. Is the water deep enough for your particular type of boat? Is there a boat lift to keep the boat out of the water when not in use, or do you plan to dry dock for the winter? If you’re a swimmer, is the lakeshore accessible to wade in, or do you have to jump off a dock or platform?  If you have jet skis, sail boats or other water toys, is there a place to store them or moor them? If you’re looking forward to peaceful days on your stand-up paddleboard, is the water in front of your home typically choppy or calm? When you entertain, is there ample parking for guests  or space for visitors to tie up their boats on your dock?

Your directional orientation will also impact your waterfront living experience. East-facing waterfront will allow you to enjoy wonderful sunrises. If you prefer sunsets, west-facing waterfront is preferable. South-facing properties generally enjoy light all day but can also experience more direct weather.

Focus on the Property More than the House

The golden rule of real estate, “location, location, location,” is even more true when considering a waterfront property. The ratio of land value to total property value is generally higher in waterfront properties. You can always update and change your home, but you cannot change the location. Consider especially the following features of the property:

  1. View. One of the great perks of being on the water is enjoying the beautiful views. Understand if your view is protected by CC&Rs or view easements. If there are any view-obstructing trees or structures, identify whose property they are on and your ability to maintain your view.
  2. Proximity to the Water. If the home is not close to the shoreline, consider how you’ll access the water. If you plan to entertain lakeside, think about how you’ll get food, beverages and supplies down to the waterfront easily.
  3. Privacy. The property’s feeling of privacy usually corresponds to its waterfront frontage. The larger your waterfront frontage, the more buffer you’ll have from your neighbors.
  4. Topography of the Land. Is the waterfront property on a level lot or a steep slope? Access to the water is easier on a flat lot – many lakefront lots are steep and can be difficult to get up and down to. Again, this impacts the value of the property

Understand What You Can and Can’t Do with the Property

Waterfront properties are subject to additional regulations and codes from various local, state and federal agencies. There are very strict regulations on shoreline development. If the property requires a new dock or bulkhead, it’s important to know that this can be a very challenging process given the multiple government agencies involved. These limitations are likely to get even more restrictive in the near future as the shoreline regulations are being updated. Sooner is better than later in applying for any permits related to docks, bulkheads and changes to the shoreline.

Finally, if you’re planning to build or significantly remodel, do a thorough feasibility analysis given city codes and shoreline regulations. New construction often cannot be built as close to the water as the existing structure under current code. In addition to meeting with the city, engage an architect and builder who have significant experience building waterfront properties in your area to help advise you about what likely limitations there are on your particular parcel.

Every Waterfront Property Is Unique – Learn the Nuances

Living on the water means that you have an additional set of factors to consider concerning your waterfront experience. For example, what is the boating traffic like in front of your home? Is it a busy channel or near a favorite fishing spot where boaters tend to congregate? Look closely at the properties of your waterfront neighbors: is there a tear-down next door so there will likely be a construction barge in front of you for the next few years? Does your neighbor have a huge yacht moored all summer that blocks your view? Is there a public beach nearby or community club that will cause noise late into the evenings?

If you’re considering shared waterfront, be especially thorough in understanding your rights and ownership interests. Some shared waterfront properties have a specifically deeded boat slip, though many others share an interest in a community dock. The system for moorage assignment and rotation can often lead to contention among neighbors, so it’s important to learn as much as you can about how the shared waterfront and is handled in your neighborhood.

There is a reason that owning a waterfront home is a lifelong dream for so many people – it brings an extraordinary lifestyle. As a significant financial investment and very unique type of real estate, it’s especially critical to engage professionals who understand the complex issues inherent in waterfront properties. Equipped with the right expertise, guidance and knowledge, you’ll be ready to turn to your waterfront dream into a reality.

Kelly Weisfield is a Premier Properties Director and works out of the Windermere Real Estate Mercer Island office. She has the privilege of helping her clients with waterfront, view and luxury homes on both sides of Lake Washington.  Prior to becoming a real estate agent in 2011, she was an attorney for 11 years.

 

The post Buying Waterfront Properties – What You Should Know Before You Take the Plunge appeared first on Best Real Estate Agents in Northern Colorado.

Gorgeous 2-Story With Main Floor Master

Featuring 4 Bedrooms, 4 Bathrooms And A Beautifully Landscaped Yard!

Gorgeous 2-story brick home with a main floor master awaits. This 5 bedroom home is situated on an expansive corner lot, with a beautifully landscaped fenced yard. The home boasts an open floor plan with vaulted ceilings, 4 additional bedrooms and a loft. Separate dining room can also be utilized as the perfect home office. The extended covered back patio offers mountain views and plenty of room to entertain. All within the proximity to the pool, exercise room and clubhouse make this home a true gem.

For more information, please visit: http://windermerenoco.com/listing/67448430 or call Rondi duPont at (970) 401-0123.

The post Gorgeous 2-Story With Main Floor Master appeared first on Best Real Estate Agents in Northern Colorado.

Emerging Exurban Neighborhoods

Where are the next housing hot spots? According to Windermere’s Chief Economist, Matthew Gardner, they are the communities that exist between urban neighborhoods and the suburbs.

The post Emerging Exurban Neighborhoods appeared first on Best Real Estate Agents in Northern Colorado.

6 Master Suite Remodel Rules for Success

Some good friends of ours just finished a master suite remodel. On the whole it went well: on time, on budget and generally to their satisfaction. Still, the process and execution were less than flawless, and as I listened to what didn’t go exactly to plan, I realized that other people could benefit from considering many of the lessons my friends learned before they embark on their own projects.

Bathroom Remodel 1Tucker & Marks, original photo on Houzz

1. Have a plan. This is not just an idea in your head and some hand waving or rough sketches. A plan is dimensioned and intentional, and includes elevations showing what rooms look like from different directions. Plans are most frequently and effectively assembled by design professionals who know the amount of space required for common features in rooms, like showers and vanities, and are accustomed to working out solutions for challenging spaces.

The purpose of a plan is twofold: to show homeowners what they should expect, and to show contractors what they are expected to build. Without a plan, you have only hand waving, and that’s not much on which to base a contract, or from which to build.

Having a plan also enables homeowners to interview a shortlist of contractors and to evaluate their thoughts on the likely cost. Without a plan, every contractor you talk with will have a slightly different idea of what you have in mind.

Hire a design professional to create this plan. Design professionals do this all day, every day, and will put together a functional plan that 99.9 percent of the time will be better than anything you could come up with yourself. It will also have some beautiful feature or function that you never would have thought of (or would have thought impossible). Spend the money. It’s worth it. If you’re not convinced, talk with a friend or two who decided to forgo professional design and see how their project turned out.

Bathroom Remodel 2Susan Lachance Interior Design, original photo on Houzz

2. Specify materials. A corollary to plans is specifications. This list of materials and methods outlines what will be installed and in what way. Specifications provide the opportunity to outline everything that will be installed and mention things like where seams will be in countertops and how many seams are acceptable. These kinds of things can have a large bearing on cost, so documenting what you expect will help contractors provide pricing for the specific things you want.

Think about cars as a comparison. Do you just ask for a 14-foot-long black car with a 6-cylinder engine? That could be a lot of different cars at different price points. Think about the kinds of details you’d consider for ordering a car, and make sure you ask for all of the features you’d like in your project, or you might end up with a base-model bath or kitchen.

As in item No. 1, hire a professional to do this. It will be money well spent.

Bathroom Remodel 3Sutro Architects, original photo on Houzz

3. Don’t be frightened. The dollar amount you will spend on your remodel can be high, particularly if the plan for the project you really want costs twice what you thought it would. It’s not unusual for homeowners to start with a wish list and then make decisions to bring the scope of work for their project back in line with their budget. Expect this to be part of the process.

The first step of budgeting for a project is to talk with your design professional about how much you are willing to spend. Make sure you account for at least a 10 percent contingency amount in that so you are aiming for a realistic number. When the first round of pricing comes back from contractors and it’s higher than your budget, it’s probably because it includes your entire wish list.

This is when value engineering (VE) comes in. When you value engineer a project, you identify parts of the scope of work (either the materials or the size of the project) that can be deleted or substituted. In most projects there’s a decent list of items that will reduce costs and allow you to bring the project into the range of your budget.

Working with design professionals through this process will allow you to benefit from their expertise and delete or change items that won’t substantially affect the finished project.

Related: See How Much a Bathroom Remodel Will Cost You

Bathroom Remodel 4FINNE Architects, original photo on Houzz

4. See the value of CA. CA is not California. It’s construction administration, and it’s one of the key services that architects offer their clients.

When the construction set of plans is done, the elevations and electrical plans are complete, and the project is ready to start, it is not time to bid your architect adieu. Construction administration keeps architects on through construction, usually attending weekly meetings and providing design details as needed, assisting with electrical and tile layout, and providing feedback to the contractor as they build.

Architects also provide clients with an objective and experienced eye as construction proceeds. They can scan the room and notice whether framing is installed as they designed it and whether the materials they specified are being used — particularly on the components of the house that are inside walls.

I can unequivocally say that the projects we work on where CA is part of the project go more smoothly and have more consistently excellent outcomes, because of the collaboration that is built into the process. Would you rather have your contractor work out design details, or the architect to whom you entrusted the design of your project? Let all the professionals do their jobs, and keep your team together during construction.

Bathroom Remodel 5Dick Clark + Associates, original photo on Houzz

5. Ask how and why. If you aren’t entirely certain about how something is done or why it’s being done, ask. Construction professionals’ work is usually routine and expected. Because of that, tradespeople sometimes will install things a certain way because it’s the simplest and easiest way to do it. But sometimes the path of least resistance won’t yield the result you want.

Why does that ductwork need to go there? Probably it doesn’t. It can go in one or two other places, and having a conversation about where it will go can make a big difference in your finished space. The same thing with plumbing lines and other infrastructure.

In residential jobs, plumbing, electrical and HVAC work is almost always bidder-designed, meaning that your construction plans won’t give instructions about how to get utilities to their locations — it will just show where they need to end up. That means a deliberate discussion is needed. If you don’t ask, and your contractor is not proactive, don’t be surprised to see ductwork or plumbing in places you don’t want it.

Bathroom Remodel 6Sketch Building Design, original photo on Houzz

6. Ask how long and how much. When changes are made during construction — and they inevitably will be — don’t just ask whether a change can be made, but know the cost and the impact on schedule. Change orders are supposed to detail the change made and all of its effects, but sometimes they don’t capture everything. For instance, you might like to add an outlet to an existing wall. There’s the obvious cost of the electrician, but what about the demolition where the outlet will go, patching the Sheetrock and repainting the wall at that location? Oh, and protecting the floor while the work is going on. It never hurts to ask, “Is this really all of it?”

One other thing to make sure you ask with change orders is whether the decision you’re making affects anything else. An example might be changing the size of a vanity sink base from standard to custom. There’s an obvious change in cost for the cabinet, and perhaps an adjustment to the countertop cost if the size of the cabinet makes it larger or smaller, but did you think about the sink and faucet you selected months ago for the standard cabinet? Changes to casework almost always have a cascade of effects, from countertops to tile to millwork, and can necessitate revisiting sinks and faucets to make sure they still fit.

By Anne Higuera CGR, CAPS, Houzz

The post 6 Master Suite Remodel Rules for Success appeared first on Best Real Estate Agents in Northern Colorado.

Baby Boomers: Impact on the U.S. Housing Market

75 million Baby Boomers control nearly 80% of all U.S. wealth, and as this generation ages, retires, and inevitably downsizes, they will have a significant impact on the housing market. Windermere’s Chief Economist, Matthew Gardner, explains when we can expect to see Boomers start to sell, opening much-needed inventory and making home ownership available to younger generations.

 

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Homeowners Insurance: Protecting Your Home

In addition to providing shelter and comfort, our home is often our single greatest asset. And it’s important that we protect that precious investment. Most homeowners realize the importance of homeowners insurance in safeguarding the value of a home. However, what they may not know is that about two-thirds of all homeowners are underinsured. According to a national survey, the average homeowner has enough insurance to rebuild only about 80% of his or her house.

What a standard homeowners policy covers

A standard homeowner’s insurance policy typically covers your home, your belongings, injury or property damage to others, and living expenses if you are unable to live in your home temporarily because of an insured disaster.

The policy likely pays to repair or rebuild your home if it is damaged or destroyed by disasters, such as fire or lighting. Your belongings, such as furniture and clothing, are also insured against these types of disasters, as well as theft. Some risks, such as flooding or acts of war, are routinely excluded from homeowner policies.

Other coverage in a standard homeowner’s policy typically includes the legal costs for injury or property damage that you or family members, including your pets, cause to other people. For example, if someone is injured on your property and decides to sue, the insurance would cover the cost of defending you in court and any damages you may have to pay. Policies also provide medical coverage in the event someone other than your family is injured in your home.

If your home is seriously damaged and needs to be rebuilt, a standard policy will usually cover hotel bills, restaurant meals and other living expenses incurred while you are temporarily relocated.

How much insurance do you need?

Homeowners should review their policy each year to make sure they have sufficient coverage for their home. The three questions to ask yourself are:

·      Do I have enough insurance to protect my assets?

·      Do I have enough insurance to rebuild my home?

·      Do I have enough insurance to replace all my possessions?

Here’s some more information that will help you determine how much insurance is enough to meet your needs and ensure that your home will be sufficiently protected.

Protect your assets

Make sure you have enough liability insurance to protect your assets in case of a lawsuit due to injury or property damage. Most homeowner’s insurance policies provide a minimum of $100,000 worth of liability coverage. With the increasingly higher costs of litigation and monetary compensation, many homeowners now purchase $300,000 or more in liability protection. If that sounds like a lot, consider that the average dog bite claim is about $20,000. Talk with your insurance agent about the best coverage for your situation.

Rebuild your home

You need enough insurance to finance the cost of rebuilding your home at current construction costs, which vary by area. Don’t confuse the amount of coverage you need with the market value of your home. You’re not insuring the land your home is built on, which makes up a significant portion of the overall value of your property. In pricey markets such as San Francisco, land costs account for over 75 percent of a home’s value.

The average policy is designed to cover the cost of rebuilding your home using today’s standard building materials and techniques. If you have an unusual, historical or custom-built home, you may want to contact a specialty insurer to ensure that you have sufficient coverage to replicate any special architectural elements. Those with older homes should consider additions to the policy that pay the cost of rebuilding their home to meet new building codes.

Finally, if you’ve done any recent remodeling, make sure your insurance reflects the increased value of your home.

Remember that a standard policy does not pay for damage caused by a flood or earthquake. Special coverage is needed to protect against these incidents. Your insurance company can let you know if your area is flood or earthquake prone. The cost of coverage depends on your home’s location and corresponding risk.

Replacing your valuables

If something happens to your home, chances are the things inside will be damaged or destroyed as well. Your coverage depends on the type of policy you have. A cost value policy pays the cost to replace your belongings minus depreciation. A replacement cost policy reimburses you for the cost to replace the item.

There are limits on the losses that can be claimed for expensive items, such as artwork, jewelry, and collectables. You can get additional coverage for these types of items by purchasing supplemental premiums.

To determine if you have enough insurance, you need to have a good handle on the value of your personal items. Create a detailed home inventory file that keeps track of the items in your home and the cost to replace them.

Create a home inventory file

It takes time to inventory your possessions, but it’s time well spent. The little bit of extra preparation can also keep your mind at ease.  The best method for creating a home inventory list is to go through each room of your home and individually record the items of significant value.  Simple inventory lists are available online.  You can also sweep through each room with a video or digital camera and document each of your belongings. Your home inventory file should include the following items:

·      Item description and quantity

·      Manufacturer or brand name

·      Serial number or model number

·      Where the item was purchased

·      Receipt or other proof of purchase \Photocopies of any appraisals, along with the name and address of the appraiser

·      Date of purchase (or age)

·      Current value

·      Replacement cost

Pay special attention to highly valuable items such as electronics, artwork, jewelry, and collectibles.

Storing your home inventory list

Make sure your inventory list and images will be safe incase your home is damaged or destroyed. Store them in a safe deposit box, at the home of a friend or relative, or on an online Web storage site. Some insurance companies provide online storage for digital files. (Storing them on your home computer does you no good if your computer is stolen or damaged). Once you have an inventory file setup, be sure to update it as you make new purchases.

We invest a lot in our homes, so it’s important we take the necessary measures to safeguard it against financial and emotional loss in the wake of a disaster.

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