This project included the addition a bedroom, a bathroom, and laundry room. The garage floor was elevated to the same level of the main floor. This allowed for the relocation of electrical and plumbing conduits without affecting the main floor. The interior of the new room was finished with hardwood floors that matched the foyer. Other work included framing, drywall, windows, plumbing fixtures and a vanity. The end result was a gorgeous new space for a busy Miami couple.
FAQ
Do I need permits to renovate my house?
Yes. You will need permits to start any home renovation project. You will require a building permit as well as a plumbing permit in most cases. A zoning permit may be required depending on what type of construction you are doing.
You can live in a house while it is being renovated.
Yes, I can live in a house while renovating it
You can live in a house that is being renovated while you are renovating it. The answer depends on how long the construction work takes. If the renovation takes less time than two months, then no, you can still live in your home during construction. If the renovation takes longer than two weeks, however, you can't live in your home during the construction.
There are many reasons why you should not live at home during major construction projects. You might be hurt or even die from falling objects on the site. The heavy machinery and noise pollution at the job site can also cause dust and noise pollution.
This is especially true for multi-story houses. The vibrations and sounds that construction workers create can cause damage to your property and contents.
As we mentioned, temporary housing will be necessary while your home is being renovated. This means that you won't have access to all the amenities that come with your own home.
As an example, your washer and dryer will be out of commission while they are being repaired. The workers will make loud banging noises, paint fumes, and chemicals obstruct your ability to use your dryer and washing machine.
All these factors can result in stress and anxiety within your family. It is therefore important to plan ahead so that you don't end up feeling overwhelmed by the situation.
It is important to research before you start renovating your house. This will help you avoid costly mistakes down the road.
A reputable contractor can also be of assistance to you in order to make sure everything runs smoothly.
How important do you need to be preapproved for a mortgage loan?
It is important to get preapproved for a mortgage because you will know how much you can borrow. It can also help you determine your eligibility for a particular loan program.
What should I do before renovating a home?
Cleaning out clutter inside and out is the first step to fixing up a house. Next, you will need to eliminate mold, repair or replace any damaged walls, repaint your entire interior, and fix any leaky pipes. Next, clean the exterior surfaces and paint.
Statistics
- Most lenders will lend you up to 75% or 80% of the appraised value of your home, but some will go higher. (kiplinger.com)
- A final payment of, say, 5% to 10% will be due when the space is livable and usable (your contract probably will say "substantial completion"). (kiplinger.com)
- They'll usually lend up to 90% of your home's "as-completed" value, but no more than $424,100 in most locales or $636,150 in high-cost areas. (kiplinger.com)
- The average fixed rate for a home-equity loan was recently 5.27%, and the average variable rate for a HELOC was 5.49%, according to Bankrate.com. (kiplinger.com)
- Rather, allot 10% to 15% for a contingency fund to pay for unexpected construction issues. (kiplinger.com)
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What amount should I spend to restore my old house?
Cost of renovating your house will depend on the number of rooms you want to upgrade, what type of renovations are planned, where you live, as well as whether you hire professional help. The average cost for renovations is $10,000 to $50,000 depending on how large and complex the project.
If you're planning to sell your home after the renovation, you'll likely receive less than market value if you don't take into account the costs of repairs, upgrades, and improvements. You could lose money if the home is not maintained in a good condition before selling. If you put enough effort into making your home look great, it will increase the price you receive when you sell it.
Consider these factors to help you decide which project to tackle first.
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Your budget. Start small if you have a tight budget. If you have a limited budget, it is possible to tackle one room at time, such painting walls or replacing flooring. To make big changes, you can hire a contractor who is skilled in kitchen remodeling.
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Your priorities. What are your priorities? Do you want to improve your home's overall condition or fix specific issues? If you choose to tackle only one issue, keep in mind that minor issues can add up quickly. For instance, if your roof leaks every time it rains, you might end up having to replace it sooner rather than later.
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Your timeline. Your timeline. For example, if you're looking to buy a new place next year, you probably wouldn't want to install hardwood floors or replace your bathroom fixtures right away. You might consider waiting until you sell your current home before making these updates.
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Your skills. If you do not possess the skills required to accomplish a particular project, hire someone else. A cabinet maker might be available to help you if your carpentry skills do not allow you to make custom cabinets.