Often when we are planning to buy a vacation home in a newly developed area, several points may be overlooked by the local authorities in their enthusiasm to bring new business to their area. The authorities in question are not willfully practicing deception, they are practicing good will!
It is also an enhancement that is a good investment. For instance, according to a realty survey, if you spend $10,000 on a new bathroom, you will get $8,000 of it back when you sell your home.An updated bathroom increases the sale price of your home by up to 80% of the cost of the bathroom.
Consider Sandra Collingwood who owns a rug cleaning business in Monterey, California. Most people do not think rug cleaning is very exciting or that most people in the rug cleaning business are memorable. Not so with Sandra. She dressed in polka dots from head to toe when she promotes her business, emphasizing her ability to remove stubborn spots. This innovation catches your attention long enough for you to hear her mention the natural products and excellent service her company offers. After meeting Sandra you will never forget her and she will be your first call when you need her services.
The average small three bed roomed home will work but if there are two windows in the large master bedroom it is even better - you can make the master into two smaller bedrooms. This can be done by erecting a wall (double shell) between the two windows and adding a door into the existing wall onto the hall.
There is an old expression: If life gives you lemons - make lemonade. Well, you can actually make a smaller home very appealing by accentuating its tiny size and playing into the cozy aspect of a small home. By investing a little cash into the available gingerbread trims and shutters, you can transform a plain house into a real traffic-stopper!
You can also do some practice runs. Pick a few vacant houses that are on the Multiple Listing Service and take your contractor there to give you some prices. Another way is to use the same house and have different repair professionals come out and give you estimates. For example, have a roofer come over and give you a price for a new roof. Have a plumber check the heating system and give you a price on putting in a new one. Ask a siding company to quote you new vinyl siding. Have a painting contractor give you a price on scraping and painting the outside of the house and a price for painting the entire interior of the house.
This would be the same for the furnace, siding, painting, clean outs, steps, patios, pavers, driveways, etc. So you see how this is one way to get comfortable with estimating the costs to renovate houses?