Category — New Construction

Why should you remodel now? – Facts to consider in this economy

by DP Exclusive Designs

By David Partiel;
Since the economy has slowed down, people are afraid to spend their savings or income because banks are making it more difficult to get loans. People think that holding on to their money in case times get worst is the best way to go. However, most people don’t know the smart ways to invest in their own home, by remodeling. Remodeling is an investment that can help you in the long run. A few consumer facts for you to consider, and that you might not be aware of are:

Construction cost increase on a yearly basis about 10%, however in 2009 prices went down about 10-15%. The main reason behind this is due to material prices going down. Construction companies have been contacting their vendors for better pricing and have been able to pass it on to homeowners.

Remodeling now is significantly better than waiting for “the economy to get better,” consider these facts: mortgage rates are lower than most of us can remember and waiting for the economy to get better will also mean that interest rates will increase.

Real estate proves itself to be of value as a good hedge against inflation. Obviously real estate prices went down, but remember it is always good to “buy low and sell high.” In order to sell high, investing in remodeling is one of your few options in this economy. While remodeling using low prices, you will see this was an investment when you are able to sell your home at a higher price than you purchased.

Besides the low prices on materials, government funding has also made it easier to remodel and upgrade on energy efficient products for your home. The government is providing incentives so that you see an economic benefit in the short and long run, while also increasing the quality of you and your family’s lifestyle.

A few examples of remodeling projects that increase in value can be; Kitchen remodeling return on investment from 92 – 100%, bathroom remodeling increases in value of remodel on an average of 85%, window replacements on an average of 84.7%, and room additions to increase value 100% and more. For example, a room addition that costs $100,000, will regain in value around $200,000 at the time of selling your house. Take into consideration that in some geographic areas, the increase in value is significantly higher.

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David Partiel

January 25, 2010 No Comments

New Home Development Los Angeles, Orange County and Ventura County

by DP Exclusive Designs

David Partiel
Owning a new home is the ultimate dream of most people and DP Exclusive Design, Inc. will make that dream come true in Los Angeles and Orange County. Although there has been a lot of property foreclosures in Los Angeles and Orange County due to the bad economy but, still many people, who are financially strong, purchase vacant lands and build their new home there.

When they are able to afford it, people long to make their home not only comfortable but they also want it to be the reflection of their own aesthetic sense and values. But, often their dream or the vision does not get transformed properly. So, if you are one of them, contact DP Exclusive Design, Inc. and rest assured of top class service.

Since your ideas about the model and design of your new home may be vague, it is better to be enlightened about some of the facets of it.

Design and Style – The design and style are the first and foremost things that you must decide. You may want your home to be an imposing structure or a cute little building. DP Exclusive Design will take care of any design and style that you opt for.
Budget – The budget, as you know is the prime factor and it is also directly related to the design and style that you would go for. Hence, make a systematic and thorough calculation with the help of the contractor. Often, many home owners, in their pursuit to make that perfect home, get oblivious of their budget and end up being frustrated. So, you should contact a company like DP Exclusive Design Inc, who will provide you a realistic assessment of the project in terms of its cost factor.
Floorings and ceilings – The flooring and ceilings are the parts of the houses that may get damaged. Since they also contribute a lot towards the aesthetic value of the house; it is better to make a judicious choice of the materials and the works.
Paint and lighting work – The paint and lighting work of the house is what holds the attention of the beholders. Hence, careful selection and arrangement of them provides the desired effect.

David Partiel

October 7, 2009 No Comments

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Category — New Construction

Why should you remodel now? – Facts to consider in this economy

New Home Development Los Angeles, Orange County and Ventura County

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