| Remodeling a home starts with a dream. A
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| | proven way to increase house value.
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| gourmet kitchen! Skylights! A gigantic
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| | Before you purchase a house with the
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| walk-in closet! But, the dream may turn
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| | intention of remodeling and raising the
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| into a nightmare if you don't plan ahead.
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| | home value, be sure to investigate the
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| Buying a home will arguably become your
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| | zoning restrictions and environmental
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| most important financial investment, as
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| | regulations. Many older homes come with
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| well as a major emotional investment.
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| | zoning restrictions, including
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| And, remodeling that home can make it
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| | pre-determined setbacks from property
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| better suited to your lifestyle and
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| | lines, limits on roof height, etc. If the
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| increase the house value. However, the
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| | home is on a municipal historic register,
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| remodeling process can seem overwhelming
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| | regulations will likely be even more
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| at times. If you're buying a home that
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| | stringent in order to preserve the
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| you plan to remodel, here are some issues
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| | house's historic character. If the home
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| to consider.
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| | you are buying is in an environmentally
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| It's always important to make home
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| | sensitive area-adjacent to wetlands or
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| improvements to satisfy your needs and
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| | protected open space, for example-or
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| desires, not just to raise the house
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| | contains a significant natural resource,
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| value. After all, you're the one who will
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| | additional regulations may limit your
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| be living in the home and enjoying the
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| | remodel plans. Such regulations can
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| improvements. However, if you're making
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| | impede on house size, paving, grading
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| improvements in order to increase the
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| | soil, cutting down trees and removing
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| resale value of the house, be careful not
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| | native plants.
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| to overdo it. It is possible to add too
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| | Your attorney can help you determine
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| much house value in relation to the other
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| | zoning and environmental regulations and
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| homes in your area, and can be difficult
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| | determine if you have the correct permits
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| to recover these improvement costs when
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| | to begin any home improvement project. In
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| you sell the home. Also, some expensive
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| | most parts of the world, a legal permit
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| choices, like particular fixtures or
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| | is required before you make structural
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| flooring, may actually make your home
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| | changes to your home. The building permit
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| more difficult to sell. Talk with your
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| | and associated inspections and approvals
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| Coldwell Banker(R) real estate
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| | can provide assurance that the remodeling
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| professional about your remodel plans
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| | project meets local building codes and
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| before putting on your work gloves.
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| | safety regulations. If you live in a
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| While the specifics of the home you are
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| | historic district this process may also
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| buying will determine your remodel plans,
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| | provide assurance that exterior changes
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| certain improvement projects have
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| | to your home are in keeping with
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| historically provided high ROI's, or
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| | neighborhood guidelines.
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| Return On Investments. According to
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| | Lastly, before buying a home that
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| Remodeling Magazine, improving the
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| | requires a remodel, be aware that some
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| quality of a kitchen-whether upgrading
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| | problems simply can't be fixed. Whether
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| appliances, changing the layout, counters
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| | the desired improvement is prohibited by
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| and cabinetry, or simply painting and
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| | local regulations, or can't be undertaken
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| swapping out drawer pulls-provides the
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| | with your budget or timeframe, it's
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| highest ROI of any remodel project. Also,
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| | important to recognize the limitations of
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| remodeling or adding a bathroom is a
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| | your home's potential.
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