Remodeling deals?? Your experience?

melinda213March 17, 2011

Hi everyone. I'm a home and garden/real estate writer. I'm finishing up a remodeling story, looking at the state of the home improvement biz and wanted to talk to a few home owners who've recently started some new projects. What are you doing and why? Have you found labor cheaper in the current economic climate? If so, is your project coming in lower than you expected?

How have your plans for remodeling been scaled back or pushed forward becaue of the decline in home values?

I'd love to hear your stories. My deadline is EOD Friday 3/18.

Thanks!

Melinda

Thank you for reporting this comment. Undo
sleepytime

Interesting that you mentioned this issue.
We are remodeling our kitchen with an additon. We have been in our home for 41 years and want to stay here. We have looked at all out options, condo, new home, senior living community and have decided against them all. Our Mortgage is way paid off and our home was $38,000 in 69. We love our room and privacy. Surpisingly, living in a high priced area with high expendible income does not follow the economic downturn as in other areas of the country. The renovations are quite expensive. Our bids are high for those contractors that have monied clients and are very busy (and they are). Other builders who have the ability to do the job did not seem busy and we were afraid to take the chance. The bottom line is that building renovations including two story additions are doing fine in the DC Metro area. There are many large homes that need large projects and dollars to pay for it. We chose a builder that has a small company, a little way out of the City area, but one that is very busy.
Hope this helps.

    Bookmark   March 17, 2011 at 11:56PM
Sign Up to comment
More Discussions
Longboard siding?
I am remodeling my home and am considering using the...
roadrunnerrita
WCB QUESTION FOR CONTRACTORS
I live in BC, so I realize the answer may not be the...
houseofmagnolia
Help with exterior remodel!
Help! I want to remodel the exterior of my house. ...
Jeff Holmes
Pocket door questions
I am considering a butler's pantry/scullery addition...
rockybird
Potential Contractor wants to have my SS Number ?
Good morning everyone! I'm in the process interviewing...
Marina Yashmanov
Sponsored Products
Cut It Out Side Chair- Set of 2
$524.99 | Dot & Bo
Pastel Firouzeh Rectangular Glass Top Dining Table in Stainless Steel
Beyond Stores
Bestar Pro-Biz Cappuccino Cherry 146 x 51 T-Shaped Desk
LuxeDecor
Contemporary Brushed Nickel 75-LED Semi-Flush Ceiling Light
Euro Style Lighting
what-EVER! Unscented All-Purpose Cleaner - Set of Two
$9.99 | zulily
VIG Furniture - Dima Caracas Modern Taupe Full Italian Leather...
Great Furniture Deal
Nautica Longview Cotton Reversible Quilt and Sham Separates
Overstock.com
Custom Kensington Upholstered Bed
Home Decorators Collection
People viewed this after searching for:
© 2015 Houzz Inc. Houzz® The new way to design your home™