LetsGo2 Blog

New commercial airliner coming…

Our local Punta Gorda Airport lands a second commercial airliner – Frontier Airlines!

Read more here. 

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Considering a fixer-upper? Check this out to see if your potential home is worth it.

A fixer-upper isn’t necessarily something to eschew. If the right things are wrong with a house, you could not only turn it into your dream home, but also earn serious equity (wealth building!) in the process.

Here’s how to tell if that fixer-upper is a keeper – or if you should keep walking.

1. Evaluate the Price
If it’s a fixer-upper, it should come at a fixer-upper price. Duh, but that’s a reminder NOT to fall in love too quickly with a home that the listing says “just needs a little TLC.” Do your homework first, and if the price is right, then fall in love. Find out what similar homes in the neighborhood sell for and how tricked out they are (with amenities and materials). And that will tell you how much money you can invest in the home before you over-improve for the neighborhood, a mistake you want to avoid if you plan to sell in the future.

2. Start Evaluating What Improvements Are Needed
The best fixer-uppers offer lots of opportunities for “instant equity,” which means if you sold the home tomorrow you’d pretty much get that money back, unlike other projects which you may never get your money back on.
Some can be as simple as painting or landscaping, which you can accomplish with sweat equity. Other tasks, like the kitchen, may require the work of professionals and cash to pay them. It’s those projects you want to carefully evaluate against the home’s price.

3. Which Hire-a-Pro Projects Add Instant Equity?
Based on data gleaned from the NATIONAL ASSOCIATION OF REALTORS®’ “Remodeling Impact Report” (RIR), if these four projects are on your fixer-upper’s list of must-haves, then you may have found your dream equity-builder:-New roof
-Hardwood floors
-Insulation
-New siding

4. Evaluate Your Ability to Deal with Disruption
Whether you’re a DIY Jedi or content to let the pros handle the remodel, if your patience is shorter than your potential home’s to-do list, a fixer-upper may not be a good choice. Renovating a bathroom alone can take two to three weeks. Add hardwood flooring, a new kitchen, and siding, and you’re looking at a whole summer’s worth of rehab. When considering a fixer-upper, evaluate the limits of your emotional energy as well. Inevitable project pitfalls and delays can be wearing. Only if you have the time, patience, and emotional endurance for a fixer-upper will it be a good fit for you. And only you can determine that.

Read more here.

Source:  Houselogic.com

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July’s Newsletter

Have you seen our latest news? Check out our e-newsletter here.

newsletter

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Refacing Your Kitchen Cabinets: The Options and Costs

Do your kitchen cabinets need a facelift?  You may think that refacing is “superficial,” but the results and savings are dramatic. Refacing your kitchen cabinets includes covering the exposed frames with a thin veneer of real wood or plastic laminate. Doors and drawer fronts are replaced to match or complement the new veneer. New hinges, knobs, pulls, and molding complete the transformation.

 

What are the Pros and Cons?

Kitchen cabinet refacing pros:

-Costs about half as much as replacing cabinets.
-Takes less time (a week or less!) and money.
-It’s less hassle than tearing out cabinets.
-You can still use your kitchen while refacing.
-It’s a green kitchen remodeling solution because you’re not adding to the landfill.

Kitchen cabinet refacing cons (there aren’t many):
-Refacing won’t fix a bad kitchen design.
-You might be tempted to spend more on exotic veneer and hardware (saving you less).

 

What are Your Refacing Options?

Your choices for the finished look of your cabinets are virtually limitless. Veneers are available in a wide variety of colors, patterns, textures, grains, and more, which you can mix or match to get a relatively low-cost kitchen facelift.

-Rigid thermofoil (RTF) doors, which feature a durable plastic coating over fiberboard, are an affordable alternative to wood or laminate doors.
-Plastic laminates come in hundreds of colors and patterns, are durable and moisture-resistant, and are reasonably priced. You can pick matching or contrasting laminates for your doors and drawer fronts.
-Real wood veneers include many standard species, such as oak, cherry, and maple, and you also can choose from an array of stain colors. Wood veneers are the most expensive option. Wood must be carefully sealed to protect against moisture.
-Further customize and update the look of your cabinets with new kitchen cabinet hardware.

For more details on refacing, click here.

Source: Houselogic.com

 

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