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2107 Eastlawn Home Improvements

2107 Eastlawn Home Improvements. Presented by: Rachel Gonzales Avra Saslow Marley Weaver-Gabel. Floor Plan. Areas. Master Bathroom-Area=150 ft² Wall Area=296 ft² Bedroom 1-Area=112 ft² Wall Area=239 ft² Bedroom 2-Area=99 ft² Wall Area=239 ft² Bedroom Closets-Total Area=25 ft²

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2107 Eastlawn Home Improvements

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  1. 2107 Eastlawn Home Improvements Presented by: Rachel Gonzales Avra Saslow Marley Weaver-Gabel

  2. Floor Plan

  3. Areas • Master Bathroom-Area=150 ft² • Wall Area=296 ft² • Bedroom 1-Area=112 ft² • Wall Area=239 ft² • Bedroom 2-Area=99 ft² • Wall Area=239 ft² • Bedroom Closets-Total Area=25 ft² • Wall Area=255 ft² • Bathroom-Area=11 ft² • Wall Area=215 ft² • Bathroom Closet-Area=9 ft² • Wall Area= 182 ft² • Hallway-Area=54 ft² • Wall Area=228 ft²

  4. Areas Continued • Front Entrance-Area=20 ft² • Wall Area=70 ft² • Front Entrance Closet-Area=9 ft² • Wall Area=114 ft² • Back Room 1-Area=83 ft² • Wall Area=121 ft² • Back Room 2-Area=100 ft² • Wall Area=206 ft² • Kitchen-Area=137 ft² • Wall Area=329 ft² • Living Room-Area=350 ft² • Wall Area=488 ft²

  5. Projected Cost for Improvements • Bathroom: • Bathroom Floor Tile: 11 ft²x $3.69=$40.59 • Bathtub: $700 installation; $349 tub=$1,049 • Fixtures: $82 • Countertops: $512 installation and counter • Toilet: $150 installation; $148 toilet=$398 • Shower Tile: 15 ft²x $3.97=$60 • Sink: $110 • Cabinets: $159

  6. Projected Cost for Improvements Continued • Kitchen Floor (Cork): • 137 ft²/ 23 ft² (1 case)=6 cases • $91.50x 6 cases=$549 for cork • Bedrooms, hallway, living room, back rooms (old wood floors refinished): • Drum sander and edge sander=$110 • Polyurethane=($45x 400 ft²)x 3=$135

  7. Projected Improvement Costs Continued • Paint for all of the rooms: • Yolo Primer (1 layer)=3,180 ft²/ 350 ft²=9.1 or about 10 gallons • Price= 10 gallons x $28.95/gallon= $289.50 • Yolo Paint (2 layers)=3,180 ft² x 2=6,360 ft²/ 400 ft²= 15.9 or about 16 gallons + 2 gallons for touch-ups • Price= 18 gallons x $35.95/gallon= $641.70

  8. Projected Cost for “Fanciful” Kitchen Improvements • Stainless Steel Fridge: • LG Electronic Stainless Steel Refrigerator= $3,499 • Oven and Stove: • Stainless Steel GE Café 30 inch Self-Cleaning, Freestanding Dual-Fuel with Baking Drawer= $3,099 • Wine Chiller • GE Monogram Bottled Wine Chiller= $1,699

  9. Materials Used for Improvements

  10. Materials, Continued

  11. Cost Summary • Budget for Project:$ 24,450(10% of buying cost) • Total Improvement of House: $3,499+$3,099+$1,699+$289.50+$641.70+$549+$110+$135+$40.59+$1,049+$82+$512+$398+$60+$110+$159=$12,432.80 • We only used 51 percent of our budget and therefore we will profit more than if we had exhausted our budget. • House before improvements: $244,500 • House after improvements: $244,500+($549+$110+$135)-flooring+($60+$40.59+$398+$512+$82+$1,049+$159+$110)-bathroom+($289.50+$641.70)-paint+($800+$800)-contractors labor and put=togetherness of the house= $250,235.80 • House improves by $5,735.80, or about 3 percent.

  12. Predicted Time Line for Improvements Painting and Primer- 15 days Flooring Improvements-5 days Bathroom Improvements Installation-2 days Fridge and Stove Installation-4 hours Total Timeline: 25 days with generosity

  13. Before After Improved Floor Plan

  14. Analysis Questions and Answers • Describe and reflect upon problems that came about during the project. • During this project one of the problems that came up was not having enough time. We ended up getting a showing of our house really late and so then we had a very limited amount of time to do the calculations and such. Thankfully, our teacher allowed us to have an extension on the project so that we were fully prepared to present when the time came. Also, we had some difficulties with the online program that we used to design our floor plan, but that was really just our misunderstanding of the program and we didn’t have past experience functioning it and so we had to teach ourselves as we went. • What other issues or problems can you foresee if you were actually doing the work yourself and/or contracting someone to do the work? How might you deal with those issues? What would be potential consequences of those issues? • I think that one of the largest issues that could arise if I was actually doing this work to a house or I was paying someone else to do it for me would be miscommunication. For example, if I wanted to have tile in the kitchen, but they wanted to do cork because they thought it suited the personality of the house better, than there would be miscommunication and frustration all around. I think that one way I would be able to cope with this is simple patience. If I was paying someone else to make my house just the way I want it, I am sure that there would be some struggle with making sure my idea stayed on top. The only logical way to deal with this sort of thing is by being patient and willing to be open to new ideas as well as going through my plans multiple times to make sure both of us know what is expected. One consequence of this issue would be that I, as a customer, would be dissatisfied with the service, and that could in turn effect the company or individuals reputation.

  15. Analysis Questions and Answers Continued • Would you consider carrying out this project in your real life in the future? Why or why not? • After going through this difficult and extremely tedious project I feel that I would only pursue this in real life if I had a lot of time on my hands and I was really needing a change. One reason I would be hesitant to fully jump into a project like this in my future is because of all of the precision required for the project. In our scaled-down class project, we were able to estimate and round a lot, but if it was my actual house, I feel that I would be much more accurate which would take even more time than we took for our project. Also, realistically speaking, in the future I am going to be hesitant to perform such renovations upon my house due to the cost of the improvements I would like to make. • Explain the value of knowledge and awareness you gained doing this project. • I used to want to be an architect but after undertaking this project I feel I have gained some real insight about how hard that career would be. Thanks to this project and my teacher for making the requirements so elite, I don’t believe I will be pursuing the career of an architect any time soon. Also, I didn’t necessarily gain knowledge, but I gained a lot of extra practice at calculating area and converting square inches to square feet, which may prove useful to me for what ever reason in the future. • Do you think the “house-flip” undertaking is a wise financial decision? Why or why not? • I feel that over all it is a good financial decision to buy and remodel the house and then sell it for more. When you buy a house for a certain cost and then you are able to sell it for more, you are making a profit instead of losing money. Also this is a smart choice because if you can improve the house enough than you will not only be making back what you paid for the original house, you will also be getting more back because you increased the value of the house.

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