There is a saying often coined on home remodeling tv shows like HGTV’s Fixer Upper– “buy the cheapest house in the best neighborhood.” The reasoning for this is simple and proven time and time again. The cheapest house in a desirable neighborhood has the largest opportunity for growth or “expansion potential”. Simply put, the remodeling investment made in homes that fall into this category tend to see the greatest ROI and resell faster when the time comes!
Maximizing Your Home’s ROI
Even if you are not on the hunt for a fixer-upper, spending the right amount on a remodel can be the difference between a highly sought-after home when on the market, and a home that is overpriced for the neighborhood. You tend to see the best return on a medium remodel project that will in turn appeal to the widest range of potential buyers in the future. You might have heard hard and fast numbers like $10,000 remodel for a bathroom and $25,000 for the kitchen. However, these numbers are meaningless if the value of the home is not taken into consideration. To account for this, the best method is to consider your remodeling budget as a percentage of the cost of your home overall.
As an example, let’s imagine you are considering your kitchen. Should you remove the countertops, cabinets, and floors and completely remodel? Is anything salvageable? What should you spend? One website uses the following as a detailed example.
“Let’s say you bought the house for $1,000,000. It has three bedrooms, two bathrooms, 1,800 square feet of living space, and a 5,000 square foot lot. A property’s value is made up of land value and building value. In your case, the split is 50/50. If you include the kitchen, living room, and laundry room, the house has a total of eight rooms. The value of each room is therefore around $62,500 ($500,000 building value divided by 8 rooms). You can consider $62,500 as the max you would ever spend doing anything to a room.” (Financial Samurai)
While this is useful information, not all rooms are equally worthy of the investment. Generally, the kitchen is the first place people look to remodel, and this is because there are costly appliances, plumbing, and materials used within this space. Further, many home buyers regard a remodeled kitchen as the #1 must-have when on the market for a home. The master and guest bathroom in addition to the master bedroom are other rooms that rank highly on the list of home buyers when deciding which house they will purchase.
It is also worth mentioning that the kitchen and bathrooms do generally cost the most to remodel and other rooms like family rooms and bedrooms can appeal widely to buyers simply with a fresh coat of paint, updated flooring, and light fixtures! Be sure to consider, as mentioned, the percentages involved in your remodel to ensure your remodeling projects best align with the value of your home.
How Rossi Construction Can Help
We have years of experience in construction, from crafting blueprints, sourcing quality materials to helping establish budgets to maximize the resell value of your home. Reach out to us today to learn more about what we can do for you and your home!
If you are looking to remodel your home in Tampa Bay or St. Petersburg, finding a reliable and experienced contractor can be the difference between peace of mind and sleepless nights. Our team at Rossi Construction have put together a list of the top things to consider and look for when hiring a contractor.
Have a Solid Vision for Your Space
Spend time researching trends and timeless touches you would like to incorporate into the remodel. Explore what kinds of looks and architectural elements you might be interested in adding as well. By have a solid grasp on what you are looking for in your remodel, you can then compare the work of the contractors you will meet with later.
Compare Rates as Well as Quality
A general number is to compare at least three local contractors before deciding on one to renovate your home. Your goal with this tip is to determine how they stack up against one another. This will give you a clearer idea of the costs and budget required, as well as the caliber of work each contractor can produce. As an example, one contractor might bid a low rate that might equate to low quality work, while a higher bid usually suggests top notch quality. Use this information and your research to determine where you fall on the spectrum, and what will meet your project’s needs as well as your standards.
Do Your Research to Determine if the Contractor is a Good Fit
While contractors of all specializations use the title of contractor, there are subcategories within the industry. Some are considered specialists and some generalists. So, seek to ensure their experience and abilities align with what your goals are for your renovation. The top things to look for when reading reviews and looking over their business website are: Do you see a similarity in their past projects and what you are looking for in yours? Do they exhibit quality workmanship and use quality materials? Do their reviews reflect consistent high levels of client satisfaction?
Be Sure to Read the Fine Print
From establishing a start and completion date, detailing information about building fees and required permits, an explanation for what services are covered (demolition, labor, equipment, etc.) and the consequences of a default by their business – the fine print holds the details. Noting the fine print is especially important for the terms of default as it can include things such as the unexpected departure of a subcontractor or an array of other unforeseen challenges. Be sure you are clearly excluded from liability in these instances and look for contractors who have their terms laid out in a fair and easy to understand manner.
How We Can Help
Rossi Construction has proudly served Florida’s Tampa Bay area for almost two decades. We have helped homeowners create or re-invent their space into one they are proud to come home to. Feel free to reach out and request a consultation to discuss the topics mentioned above! If you are interested in more home remodeling inspiration, head over to our gallery to check out some of our recent work. We look forward to speaking with you and seeing how we can make your home remodeling dream a reality.
It’s no secret that your kitchen is a fantastic choice when deciding where to upgrade your home. From a mini-make over to a full-scale revamp, not only does a kitchen remodel improve you and your families lives, but your resale value will dramatically increase. But where to start when planning and designing your kitchen renovation? We are here to help. Since 2000, we at Rossi construction have been helping folks throughout the Tampa Bay area create the kitchen of their dreams – and we have learned a few things along the way. Here are the top 5 things to consider before taking on the exciting endeavor of renovating your kitchen.
What is Your Budget?
A common first consideration when taking on a large home improvement project. It is easy to start out with good intentions, but there are commonly overlooked considerations that come into play drafting your expense list. The first step to ensuring you stay within your budget begins with planning your renovation. The surest way to spend more than is necessary is to make changes after construction and remodeling gets underway. This in one reason why is it considered best practice to consult with and professional, because we can ensure all aspects of the remodel are detailed and priced out beforehand.
Secondly, another common expense is unforeseen structural or electrical damage that requires upgrades to complete the renovation. Our team of professionals can help you budget for the unexpected and help with a pre-renovation inspection to determine the likelihood of these sorts of challenges.
Finally, consider the overall value of your home. A kitchen remodel is considered the best investment when it comes to reselling your home. A recent study found that an average $15,000 renovation saw a return value of roughly 93%. Further, a kitchen generally accounts for 10-15% of a home’s value. With this information in mind, you should seek to prioritize what changes will have the largest impact on the space and maintain or even increase the value of your home.
Establish Your Splurge-Worthy Investments
Have you been eyeing that side-by-side refrigerator? Or envision marble countertops in your upgraded kitchen? Start researching the big-ticket expenses for your remodel and look into customer reviews. This will help you get a feel for not only the quality of top items on your list, but the price. Pricing out appliances is another area where having an experienced professional on hand can be helpful. From evaluating energy costs to planning out how the space will look cohesively, we can help keep with in your budget while still building out the kitchen to your specifications.
Do You Know Who You Are Hiring?
As mentioned, your contractor will play a huge role in ensuring you stay with in your budget and that your kitchen vision is realized. For this reason, is it essential that you are hiring someone who clearly understands your hopes for your remodel. From ensuring your contractor is insured to establishing a realistic and feasible budget and creating a workable timeline the right contractor can make all the difference. Finally, check out their previous work. What better way to determine if a contractor is a good fit than letting their work speak for itself? From residential, to commercial, we at Rossi construction have designed, managed and built out kitchen renovations in the Tampa Bay area of all kinds.
Let’s Get Your Kitchen Renovation Plans Underway
To learn more about how we can help you begin your kitchen or home remodel, feel free to contact us for more information about our services. If you are searching for some renovation inspiration, have a look at few of our previous projects. We look forward to working with you and turning your kitchen into one you’ll never want to leave!
For a Tampa, FL homeowner who is tired of traditional kitchen countertop options like marble and granite, we suggest taking a look at premium onyx as a unique countertop material choice. This natural countertop choice is formed when stalagmites and stalactites drip in caves and form the strikingly dramatic stone. It should be noted that onyx also stands out because it happens to be translucent, which offers you a unique opportunity to install a backlit feature when completing your kitchen remodeling project. This stone option is available in veined pastel patterns.
If you want your kitchen to stand apart from the crowd, there is no denying the beauty of onyx!
Whether you are thinking of sprucing up your home for personal enhancement or selling your home, these two rooms are especially important to the value of your home.
As a result, these upgrades can come with a hefty price tag and a whole lot of myths.
Myth #1: Remodeling is easy. Sorry but that isn’t always true. Renovation jobs can be very easy or tough depending on the home’s layout, age, and any preexisting issues. So, go it your kitchen and bath project with an open mind.
Myth #2: The Lowest Bid Is the Best Value. That is not necessarily true either. The lower bid could end up being costly in the end if they are major mistakes to be repaired. Sometimes the higher bid could be the better value.
Myth 3: My renovation needs to be overdone to get a higher offer from a buyer or a higher price value from an appraiser. Some renovations can be done that add value to your home with having to be expensive.
Myth 4: I can do most of the renovation myself. Sure, it’s possible, but it can be much easier, cost effective, and well-done if you use a contractor.
Before you tackle a kitchen or bath reno, consider these tips before you commit.
Do Some Research
You may not be interested in the opinions of your neighbors, but their style and the style of your community can have a place in your home renovating projects. For example, if homes in your neighborhood include granite countertops and hardwood floors in the kitchen, it is likely that buyers will be interested in seeing those features in your home if you decide to sell. Also, staple and traditional kitchens and bathrooms can add value to your home because they never lose appeal.
Everything In Moderation
It can be tempting to make expensive upgrades to your kitchen and bathroom to give your home its personal touches. A bathroom renovation can be a week long project that focuses on added new paint to cabinets and upgrading hardware, or it can turn into a multi-month project that includes a backsplash, new flooring, new cabinets, and an oven range that would rival any 4-star restaurant.
No matter your renovation needs, the idea is to get the most for your buck, and that may mean making small adjustments that matter.
Finding A Professional
The craftsmanship of the home is equally as important. You should avoid skimping on quality professionals for costly upgrades. When the craftsmanship is down right, these renovations will be well worth the money and can decrease headaches during the entire process.
Hurrah, you have made the decision to remodel the kitchen in your Tampa home! Now, what do you need to do to get the project kicked off? Having no idea where to begin, most homeowners will first look for new stainless steel appliances. A smaller group of homeowners will begin by building a Pinterest board filled with kitchen remodeling images. Still others will find they prefer to hire a professional to handle drafting remodeling plans and commencing the project immediately.
Once you have considered a preferred kitchen look and you are prepared to hit “go” on your kitchen remodeling project, it is time to break it all into helpful steps!
Think about what you need and want.
This step in the process is centered around how you intend to use the kitchen in your cool, updated mid-century modern St. Petersburg home. Give consideration to a potential layout and features that will work well for your family today and in the future. Try to get as many ideas as possible!
Plan, plan and plan a lot more!
If you feel you are prepared to take the plunge, you will want to begin pulling together what is referred to as a scope of work. This part of the process will also include determination of a preliminary budget. It will be quite important to remain calm if one, or both, changes during the planning stages.
Find a Tampa Bay kitchen remodeling specialist who can help.
Even if you are a DIY kind of family, you will need to consult with a Tampa residential kitchen remodeling specialist at one time or another.
Prepare a kitchen schematic.
This part in the planning will include planning for appropriate space, basic floor plans and elevations, sketches and information on cabinet dimensions. Make layout and space planning your primary concerns, even though you will want to focus on looks.
Talk to a Tampa general contractor.
A DIY kitchen remodeling project may hold a special appeal, but few people are actually prepared to handle every step on their own. Find a licensed general contractor, like Rossi Construction, who will be able to carry the project through to completion.
Be prepared to keep track of a checklist.
When construction is nearly complete, there will always be a checklist of minor items that will need to be handled before everything is officially complete. If there is a larger issue, do not be afraid to talk to your Tampa Bay general contractor!
Home and building remodeling can be an expensive endeavor, and deciding whether or not you want to go ahead with the project is the first step towards success. The four most important qualities for successful building remodeling are quality, pricing, energy efficiency, and low-maintenance. In order to plan the best project possible, try to find a building remodeling construction company that comes highly recommended in these four areas. Once you’re satisfied with your contractor, you can go ahead and make the renovations that you’ve been planning!
Here are two home remodeling tips to help you plan some quality design and construction.
1. Room Conversion.
Some of the best building remodeling jobs involve the conversion of a room to something nicer. In fact, attic-to-bedroom conversions are incredibly popular, and are considered to be one of the best values with regards to financial return. Turning a rarely used space into something both well-designed and practical will benefit your home and allow you to create something special. Whether it’s an attic, a basement, or converting an extra bedroom into that entertainment center you’ve always wanted, room conversion can be exactly what you need.
2. Kitchen Remodeling.
Sometimes your kitchen seems out of date and inconvenient, unable to keep up with the rigors of a busy household. Planning a kitchen remodeling and design change can improve one of the most important and highly trafficked rooms in your house. Studies report that almost 70% of all building remodeling projects revolve around the improvement of the kitchen area, and those findings aren’t surprising. The kitchen is crucial to day-to-day activity and family gatherings, and is often a high-traffic area that acts as a hub for the home. Updating your kitchen to provide a better space for your family is a good decision that will do wonders to improve the function of your home.
These two suggestions are relatively simple, but they will provide a baseline for where to start your renovation project. Consider whether your kitchen accomplishes all the tasks you’d like, and think about whether there’s a room in your home that you’d use more, if only it were something else. Remodeling your home is a big project, but it can also be one of the most rewarding.
Tampa residential remodeling specialty company, Rossi Construction, Inc. announced on Wednesday that it had been selected for the 2014 Best of Brandon Award in the Custom Home Builders category by the Brandon Award Program.
Each year, the program finds companies that they believe succeeded in achieving marketing success in the local community and their specific business category. All nominees are local companies that build the positive image tied to small business through positive service to their regular customers and local community. These companies help make the local area a better place to live, work and play.
The Brandon Award Program collected and analyzed a number of sources of information in order to find winners in each business category. The 2014 Brandon Award Program focuses specifically on the idea of quality, not quantity in the way a business accomplishes its goals. Winners are actually determined based upon internally gathered info by the Brandon Award Program and certain third parties.
About the Award Program:
The Brandon Award Program is an annual awards program honoring the achievements and accomplishments of local businesses throughout the Brandon area. Recognition is given to those companies that have shown the ability to use their best practices and implemented programs to generate competitive advantages and long-term value.
The Brandon Award Program was put in place to recognize the top local businesses in our community. The organization works exclusively with local business owners, trade groups, professional associations and other business advertising and marketing groups. Their mission is to recognize the small business community’s contributions to the U.S. economy.
About Rossi Construction, Inc.:
Rossi Construction, Inc. is a general contractor located in the Tampa Bay area. Rossi Construction, Inc. specializes in residential and commercial construction and remodeling. Rossi Construction, Inc. has been building excellence by design in Tampa FL since 1979. Rossi Construction, Inc. can be found online by visiting http://www.jrossiconstruction.com.
Building your dream home is an exciting undertaking, but it’s also one that requires a lot of preparation. Overlooking something in the planning process can lead to trouble as you begin the construction. Here are a few things that you’ll want to avoid when designing and building a new home here in Tampa.
1) Not Using Your Space Wisely
Space is the number one resource that a new home provides you, and not using that space wisely will only make life harder for you. Finding a balance between living and storage spaces will vary depending on what your needs are, but take time to think about where and what you want your spaces to be before you start building.
2) Misjudging Your HVAC Needs
AC and heat are the only things that will make your home bearable in the hot summer months and cold winter months. Choosing an HVAC unit that is too small for your home will leave you wanting more from it, while choosing a unit that is too big will cost you a fortune in energy bills.
3) Messing Up the Lighting
Compensating for a lack of window lighting with light fixtures will be expensive, and too much window lighting might affect your privacy. Take some time to think about how you can strike a balance between the two.
4) Misplacing Your Laundry Room
Since most people keep their clothing in the bedroom, it’s best to have a laundry room that’s nearby. Lugging heavy loads across the house will get tiresome very quickly.
5) Building Useless Rooms
If you’re a childless family, will you really be using a game room enough to warrant building one? Unused rooms are not only costly when working with Tampa construction companies but also end up being makeshift closets.
6) Misplacing Your Kitchen
Your kitchen should be near an entrance to your home but not so close that it receives too much foot traffic. To help cut down on this problem, consider placing it near the rear entrance.
7) Misplacing Your Bedroom
Unlike the kitchen, you want your bedroom to be far away from the entrances of your house. Also try to keep the master bedroom from sharing a wall with any key living areas.
8) Misplacing Your Garage
Limit the amount of mud and dirt that get tracked in your house by placing the garage away from your busiest rooms.
9) Poor Planning in General
Building a home should not be a rush job, and hurrying the process too much will cause you to make the mistakes listed here as well as others you might not have considered. Take your time so that you can enjoy the finished product.
10) Getting too much Outside Advice
While most people giving you construction advice mean well, they can become overbearing at times. You’re the one who will be living in the home, so make sure that you’re calling the shots during construction.