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Remodeling: Tips and Trends

Remodeling: Tips and Trends. Lora J. Vassar, CGP, CAPS Arch Design, Inc. (505) 344-0002 Lora@ArchDesignNM.com. Introduction. Lora J. Vassar Owner, Arch Design, Inc Residential Design/Build Remodeling Firm General Contractor with 28 years in Construction Industry

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Remodeling: Tips and Trends

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  1. Remodeling:Tips and Trends Lora J. Vassar, CGP, CAPS Arch Design, Inc. (505) 344-0002 Lora@ArchDesignNM.com

  2. Introduction • Lora J. Vassar • Owner, Arch Design, Inc • Residential Design/Build Remodeling Firm • General Contractor with 28 years in Construction Industry • Since 1993, dedicated to remodeling industry • Bachelor of Architecture, UNM • Past Green Build Council Chair, 2012 & 2013 • Board Member of NAHB, among other Boards

  3. Overview • Tips • DIY? Or hire Professional? • HBA: The Trusted Resource • Lead/Radon Info & Requirements • Financials: Including Incentives & Rebates • Trends • Master Plan • Baths, Outdoor Spaces, and Kitchens • Retrofits: Energy Audits, IAQ, Water, Safety, Comfort, & Durability • CAPS • Generational Shifts in Remodeling

  4. Tips

  5. Licensed Professionals vs. DIY • Replacing, or Maintaining vs. Remodeling • Choosing a Remodeler • Referrals • HBACNM.com The Trusted Resource • Remodeling Guide as a resource • Always check for current License, Bonding, Insurance, and References • Lead, Radon, and other Bad Stuff • To Permit Or Not? When it’s a good idea & req’d

  6. Funding:Financial Options • Cash • Credit Card • Home Equity Line of Credit • Re-finance Home • 203K Loan • Energy Efficiency Mortgage

  7. Rebates & IncentivesDSIREUSA.org • Federal: $200-$500 for specific items and efficiencies expired in 2013 • Renewable Energy-30% • State: 10% Renewable • Pending Legislative Rebates: Call your Legislator!! • Utility Companies: • Various item specific rebates

  8. Trends:

  9. Master Plan Design/Build • Still, Best Practice • Manageable, Phased Projects • One accountable party • Value Engineered • Baths, Outdoor Spaces & Kitchens are this year’s top client requests • CostvsValue.com

  10. Improving the Improvements: Nationally, the average home is 45 yrs. old • Retrofits & Building Science • HERS/BPI Specialist • Energy Audit • Indoor Air Quality • Safety • Improved Comfort, Costs, & Maintenance • Water Conservation

  11. Generational Changes • Traditionalists: AKA Silent Generation- • approx 1929-1944 • Leading Edge Boomers: • approx 1945-1955 • Trailing Edge Boomers: • approx1956-1963 • Gen X: • approx 1964-1980/85 • Gen Y & Millennials: • Approx 1980-1995

  12. CAPS: Certified Aging-in-Place • Staying in homes longer • Universal Design • Concepts and Practical Living • All ages and abilities • Lower Maintenance • Durability • Pennies vs. dollars if incorporated with remodel

  13. Products, Technologies, and Floorplans • Products and Technologies • Appliances • Electronics • Products • Wireless Components • Lighting • Smart Homes • Open Floorplans and flexible spaces

  14. Storage Never enough!!! Always need more!!

  15. Conclusion • Knowledgeable Strategic Partners are crucial. Add a Professional Remodeler to your business team. The rewards and lessened aggravation are worth it!

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