By Fernande Jeannette. Home Design. Published at Monday, April 30th, 2018 - 16:13:05 PM.
Assess your entertaining needs with an open floor plan: If you love to have guests over and enjoy cooking, mingling and engaging in conversation at the same time, an open floor plan is right for you. Depending on the floor plan the kitchen can overlook into the dining and living rooms and often out to a porch or lanai areas – perfect for entertaining!
Adding a fifth bedroom in a neighborhood of four bedroom homes would be detrimental to the value of your home. Adding a swimming pool in areas where houses with pools don't sell well would also be considered an investment that could not be recouped. Some people still do it anyways. The point is that most home improvements are done to meet the needs of a particular family and the desire for a more comfortable living space. While resale value is important, it is just one of the many considerations that have to be evaluated in a good home improvement plan.
Research local building codes: Before you purchase plans, seek the advice of a building department official in your local jurisdiction of where your property is located. They can provide you guidelines on the height, size, and how far away from the street it can sit, etc. These guidelines are important if you plan on building a home in an urban environment and the plan you chose is too large and will not work with the local building codes. If you need help visit your local building department and they can walk you through the information you need.
Sources of Financing. If one doesn't have the money, the inclination is not to do the home improvement. Cash, however, is not the only way to pay for a home improvement plan, you can also finance. If you find you don't have enough cash, you can use a home equity loan to finance the remodeling of your home. Try to identify additional forms of financing in case you need additional monies to complete the project. In the end, a home improvement project should add to the resale value of your home for it to be a sound purchase.
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