Incline Village Real Estate: Better get moving if remodeling this year
Special to the Sun-Bonanza
WEekly Real Estate Update
Statistics gathered from the Incline Village MLS on 3/13/16
Houses Condos PUDs
For Sale 93 72 15
Under $1 million 21 66 9
Median Price For Sale $1,700,000 $469,000 $935,000
YTD Sales 2016 24 23 6
YTD Sales 2015 16 20 5
New Listings 6
In Escrow 7
Closed Escrow 5
Range in Escrow $449,000 - $3,495,000
Some of the biggest beneficiaries of the turnaround in the real estate market are the local contractors, plumbers, tile installers and handymen.
Many contractors and service providers are finding themselves busier than expected and their calendars are starting to fill up with projects large and small. In 2016, property owners will have to plan ahead if they want to get home improvements accomplished in a timely fashion.
Spending some extra time planning the details of each remodeling project will save you a lot of time, money, grief and aggravation farther down the road.
Every time that you have to do a change order it adds additional expense not to mention the potential for conflict with the workers who thought they were doing everything you wanted the first time around.
This is where bringing in the expertise of a space planner, interior decorator or experienced contractor validates the old adage that an ounce of prevention is worth a pound of cure.
Having someone with many years of experience and lots of projects under their belt working with you to manage the project will be of great benefit.
Once you have the general concepts down on paper it’s good to sleep on everything for at least a couple of weeks because you will likely come up with new ideas that will alter the original scheme.
When you are shopping for materials, be aware that all of the natural products made with wood and stone will have variations from what you see on the show room floor.
Also, the lighting at your property will probably be completely different than what you experience in the stores where you are shopping.
It’s always a good idea to bring home samples of the materials you plan to use and put them in the rooms you will be working on for at least one week to be sure that the colors and textures are what you anticipated.
Make sure that you get estimates in advance of any work being performed and remember that you will always need more materials than the actual square footage when replacing flooring, doing painting, etc.
There is bound to be a certain amount of waste; a general rule of thumb is to purchase 10% more of the materials that you will need than the actual square footage you are covering.
It’s also good to keep around some extra materials after the project is completed so that you can replace or touch up anything that becomes damaged in the future.
Remodeling projects can be fun and rewarding but they can also be frustrating and upsetting if you don’t take the time to plan in advance and get the expertise you need to solve problems before they become major headaches.
So, while you might have to allocate a few extra dollars on consulting and planning prior to the start of your interior remodeling project it is money well spent.
Taking the time to work with experts, purchase samples and let the thought process mellow will provide results that you can enjoy well into the future.
Don Kanare and Sabrina Belleci are the owners of RE/MAX North Lake. Read their blog and find weekly stats on their website at http://www.InsideIncline.com.
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