Posts Tagged ‘Home Remodeling’
In-law additions bring Peace of mind AND increased home value
The Wall Street Journal recently called in-law apartments “the hottest home amenity” for good reason. A 2013 National Association of Realtors® survey of home buyers shows that 20 percent of buyers would be willing to pay more for a home if it had an in-law addition.
The hottest trend in housing goes by many names:
- In-law addition
- Mother-in-law apartment
- Accessory dwelling unit or ADU
- Granny flat
- Garden suite
- Carriage house
What they all have in common is the expansion of a home’s living space through renovation or by adding a separate structure to provide privacy and function for multi-generational families.
The Role of An In-Law Addition In The Modern Home
In-law additions serve a variety of purposes and individuals. Today, families are choosing to live in closer proximity for personal and economic reasons. Here are just a few functions of an accessory dwelling space:
- Aging Family Members. The most common function of an in-law apartment is to house an aging family member. This arrangement offers convenience, peace of mind, privacy and an alternative to the ever increasing and pricey senior housing.
- Boomerang Kids. An rapidly growing sector for ADUs is for “Boomerang Kids” referring to adult children returning home after college or a significant life event. An ADU can provide individual living space that supplies adult-level privacy as adult children embark on their careers post graduation.
- Extra Income. For homeowners without familial obligations, renting out accessory space is a way to earn extra income and help pay off an existing mortgage. As a result, people who cannot afford more expensive housing are drawn to in-law apartments to get a more house on a smaller budget.
- Visiting Guests. An in law addition provides additional room and privacy for visiting or live-in extended family during holidays and vacations.
An In-Law Addition Makes Solid Economic Sense
An in-law apartment can significantly increase the value of a home if it is well built. A recent study reveals that such an addition can increase the home’s value by up to 60 percent. There is also high demand for properties with in-law units as more and more families are opting for a multi-generational homes.
K & M Building and Remodeling has over 20 years of experience building in-law additions, apartments, suites, and accessory dwelling units across Connecticut. We provide superior craftsmanship on all of our projects to give our clients the homes of their dreams, on time and on budget. Check out one of our recent in-law addition projects below.
To Renovate or Not to Renovate?
Finishing the basement. Remodeling your kitchen. Refreshing the master bath. You have been contemplating a few home renovation projects, but are unsure of which to complete this year. What project will give you the highest return on your investment (ROI)? The answer may surprise you.
When Winter Weather Wreaks Havoc on Your Home
Unprecedented amounts of cold temperatures and snow this winter have left many homeowners in Connecticut with damaged roofs, wet interiors, burst pipes, and even collapsed structures. We’ve put together a list of steps to take when your home suffers winter weather damage from water.
1. Safety First!
Do not use electrical equipment or appliances while standing on wet carpet or floors. Never use electrical equipment that has been water damaged, even if you are using it in a dry area.
2. Stop the Leak or Drip to Prevent Further Damage
If the water is coming from a burst or leaking pipe, try to find the closest shut-off valve and turn it off. If water is coming in through the roof or broken windows, try to cover as best you can with tarps or plastic sheeting.
3. Document the Damage
Take photos and videos and save all of the damaged items. Your insurance claims representative may want to inspect them. Keep a list of any temporary repairs you make and save all claim-related bills and receipts.
4. Clean up and Protect Your Belongings
Move your wet items to drier areas. Immediately dry out by removing as much water as possible using mops, sponges, towels, and a wet/dry vacuum. Place aluminum foil, coasters or wood blocks between furniture legs and wet carpeting. Remove area rugs from the floor. because dyes in carpets can stain flooring, carpeting and wood floors. To minimize mold, mildew, and other moisture-related problems, run a dehumidifier in the space until dry. When it is safe to do so, use fans to circulate air and encourage drying.
5. Get in Touch with Your Insurance Company
Call your insurance company or agent with your policy number and other relevant information as soon as possible. Do not have permanent repairs made until your insurance company has inspected the property and you have reached an agreement on the cost of repairs. If your home is damaged to the extent that you cannot live there, ask your insurance company if you have coverage for additional living expenses incurred while repairs are being made. Save all receipts to document these costs.
6. Get It Fixed
After reporting your claim, call K & M Building and Remodeling. Matt Normandin and his team can help with the short or long term fix to get your home – and your life – back to normal quickly and professionally. We have experience working with insurance companies on a variety of winter weather damage. From roofs to basements and every space in between, K & M Building and Remodeling has your winter weather damage covered. Contact us Today!
Re-siding this Wethersfield home did more that just update the look.
You can re-side your house the easy way or the RIGHT way. Of course you want quality materials and attention to detail, but if you are re-siding over a flawed sub-layer, you will only make your home improvement project bigger.