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Three Chimneys Skye

Three Chimneys SkyeRenovation still makes sense in this economy

Leigh Roche, owner Skye General Contracting, inc. Pittsburgh, PA

With the decline of the economy, there have been recent reports (one was actually in an article in MSN.com) indicating that the house is remodeling is an extravagance of consumers. This is not only inaccurate, but irresponsible. Remodeling is often necessary for the maintenance and general maintenance of his house, put out home improvements may result in more costly repairs and improvements in the future. An old roof can not and should not be ignored. It will not provide the necessary protection, will not be energy efficiency and affects the aesthetics of his home. If allowed to deteriorate, it could leak, causing damage as a result of the interior of a house. Leaking windows can allow water to seep into the walls and causing black mold to grow, not only may damage chimneys collapse and cause damage, but can cause leaks in the house.

Studies and reports in the remodeling industry and real facts are encouraging. The Research Institute for Cooking & Kitchen Intelligence (Ricki), a Charlotte-based organization of industry professionals in the kitchen remodeling industry, conducts a "renovators 360" survey that examines consumer preferences kitchen design, kitchen remodeling experiences, and how they use their kitchens. The results show that common sense would tell us: more Americans eat at home because of the slowing economy, so the desire to renovating a kitchen is always motivate consumers to remodel. The owners of a value to redo the kitchen and the aesthetic and practical benefits at home are still a very attractive investment.

According to Restructuring Magazine Cost vs. Value Report 2008-2009, remodeling is still an excellent investment which not only improves your quality of life and whose cost can be recovered if or when you sell your home. The cost vs. value report shows the estimated costs of renovation projects and provides specific amounts of resale potential and the rate of return on investment. Renovation costs can obviously vary from place to place in the United States, according to regional variations in the cost of materials and labor costs for contractors and overheads.

Bathroom Remodel: Updated an existing room 5x7 feet which includes replacement of all equipment, installing a ceramic tile surround; installing a new plumbing system in the bathtub, shower and sink, installing a standard toilet white solid surface vanity counter with integrated sink, installing a medicine cabinet, lighting and ceramic floor.

Approximate Project Cost: $ 15,899

Resale value: $ 11,857

Amortized cost: 74.6%

Deck Addition (wood): Add a 16x20 foot deck using pressure-treated joists supported by 4x4 posts anchored to concrete piers. Install pressure-treated boards in a simple linear model and includes a built-in bench and planter of the same material decking and stairs

(Assuming that three stages in the class). Provide a railing system using wooden poles pressure treated railings and balusters.

Approximate Project Cost: $ 10,601

Resale Value: $ 8,676

Amortized cost: 81.8%

Major Kitchen Remodel: Updated an outdated kitchen 200 square feet with a provision of approximately 30 linear feet of new wood cabinets semi-custom installation of laminate countertops and a double standard tub with stainless steel sink standard single lever faucet. Install a wall oven energy efficient, cooktop, ventilation system, built-in microwave, dishwasher, waste disposal, and custom lighting. Add new resilient flooring and finish with painted walls, woodwork, and ceiling.

Approximate Project Cost: $ 56,611

Resale value: $ 43,030

Amortized cost: 76.0%

Minor Kitchen Remodel: In a functional kitchen, but the 200-square meters, with about 30 linear fe.

Posted on August 29, 2010.
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