Monthly Archives: April 2016

Renovations Verse New Construction

An old age question that contractors are often asked; should we move forward with renovations on an existing home or opt for new construction?  There are factors on both sides of the discussion that need to be evaluated when deciding what is right for you and your family.  When considering between renovations and new construction take a look at the following five things.

Evaluate the costs associated with renovating verse the expense involved in new construction.  Are the renovations that are needed structural?  Structural renovations are often expensive and time consuming.  It will most often be more cost effective to start from scratch over renovating when a lot of structural changes are needed.  A new constructionsingle story home runs around two hundred thousand dollars and two story homes around two hundred fifty thousand dollars.

Renovations, especially those involving the structure of the home can add up due to unforeseen problems that arise along the way.  This doesn’t give you complete control over the budget whereas with a new home you can get a fixed price contract.

Consider the age of your existing home.  You may have purchased this specific home because of the houses character, the charm of the existing neighborhood and other aspects that are irreplaceable.  If you fell in love with the old wooden floors and the existing ornamental ceilings then remodeling is obviously the only way to go.  Period features in older homes cannot be replicated in new construction.

Where is the home located?  Is the property one of the reasons that you initially purchased the home?  Are there landscape options mature and unable to be replicated in another location?  Vacant land to build on is often scarce.

Look at the homes existing floor plan; does it match your family’s lifestyle?  If the homes floor plan is unworkable then it makes more sense to start from scratch over.  It may be cheaper to begin with a clean slate over completely renovating the homes existing floor plan into something that can work for your family and lifestyle.

Renovations are often more difficult to budget for.  New home construction allow for a few years of lower expenses because everything is new.  It is easier to maintain a new home and more energy efficient appliance, windows and more have been used to create your home.  Also, new construction comes along with a warranty.  Renovations are an expense that is comes along with the homes current maintenance expenses.  So while you may budget your finances to achieve a new addition to the existing home it doesn’t mean that the water heater on the home or the roof won’t suddenly need to be replaced.

Aspen Construction is an innovative building leader specializing in home additions, new construction, bathroom and kitchen remodeling.  For all of your home improvement needs including electrical services contact us today at http://www.aspencoinc.com/.

Tips On Purchasing New Construction

The main piece of advice anyone can give homeowners looking into new construction is to be sure everything from even the smallest changes is in writing. When you preview the model make sure you note all of the things that you like within the home. The model isn’t ever the base model; the model always includes upgrades that are not included in the base price of the home. Builders can customize the models available to meet your needs and wants. This is one of the great reasons to purchase a new construction home. It is however not without costs and additional time to complete the overall job.

A realtor is needed even when purchasing a new construction home. Strong realtors will guarantee to guarantee that you are covering the entire base. Realtors that specialize in new construction homes are familiar with working with builders and contractors. They understand the intricacies of negotiating add-ons and ensure that the buyer gets all changes in writing. A completion date on the initial contract becomes null and void when changes are continually made. It is impractical to add on customizations without adding time to the completion date. When the contract changes make sure that the contract gives you a new completion date.

A new home also needs a final home inspection as does a used home. Everyone makes mistakes. It is important to be sure that that a professional new home constructioninspector does a final inspection on the home before you close on your new home. Inspectors find things that were not done or done incorrectly that could eventually cause bigger problems down the road for you as new home owners. An inspector is hired to do a final review over the work that has been completed. It is the largest single financial purchase you will make so be sure to have it inspected with a fine tooth comb before you sign on the dotted line making it officially yours.

Newly constructed homes often come with a new home warranty. Typically a third party will offer a home warranties for new home builders. Each builder will determine what they will cover in a warranty verse what they won’t. Negotiate a warranty in to your deal with the builder to ensure that your new construction home is covered in all ways possible.

New construction is a perfect way to ensure you are getting the home of your dreams down to the most minor details. Look to friends and family when considering a realtor and builder to assist in bringing the new construction home of your dreams into reality.

Aspen Construction is an innovative building leader specializing in home additions, new construction, bathroom and kitchen remodeling. For all of your home improvement needs including electrical services contact us today at http://www.aspencoinc.com/.