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Frequently Asked
Questions
Q.
What questions should I ask
to ensure I'm selecting a professional
contractor?
Q.
Should we move or improve our existing
house?
Q.
What questions should I
ask if I'm leaning toward purchasing a new
home?
Q.
We need more space. Would It be more cost
effective to buy a new house or add on to
the house we already have?
Q. What questions should I ask
to ensure I'm selecting a professional
contractor?
A. Here's a
good list to help you find a qualified
contractor like Welhouse Construction
Services:
-
Does the
contractor have a permanent location and
a good reputation with local banks and
suppliers?
-
How long has
the contractor been in business?
-
Has the
contractor attended additional building
courses or conferences to stay current
with trends and techniques?
-
Does the
contractor have proof of worker's
compensation and general liability
insurance? If not, you may be liable for
any construction-related accidents on
your premises.
-
Will the
contractor provide you with names of
previous customers? Ask if they would
hire the same contractor again.
-
Are you able
to communicate easily with the
contractor? Misunderstandings during the
course of a project can lead to cost
overruns and delays.
-
Do you feel
comfortable with the contractor?
-
Will the
contractor provide you with a complete
and clearly written contract?
-
How does the
contractor handle lien wavers?
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What is the
contractors service after the sale?
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Have you
contacted the Better Business Bureau or
the WI Dept. of Agriculture, Trade and
Consumer Protection? They can alert you
to any outstanding complaints.
-
Is the
contractor licensed, any designations
relating to the trade?
Back to Questions
Q. Should we move or improve our existing
house?
A. Here's a
list of questions to help you decide.
-
Is your home conveniently located near
your job and other important activities?
-
Neighbors can be wonderful, lifelong
friends. Are you happy in your
neighborhood? Consider schools, church
and friends.
-
Is the value of other homes in your
neighborhood rising?
-
Does your home offer most of what you
want in a house? Could a few changes
make a world of difference? What are
your needs and can they be met with some
improvements to your existing home?
-
Do local building codes allow you to
build and addition either up or out?
-
Is the kitchen or bath one of the first
places you want to make changes?
-
Is
the lack of space a major complaint
about your current home?
-
How much would desired improvements
cost?
-
What’s the possible return on investment
for improvements? Of course,
improvements may increase the value of
your home for buyers in the future.
But, don’t just consider the monetary
return. Will improvements increase the
quality of time you spend at home?
-
What would your monthly housing costs be
after moving to a new home?
Back to Questions
Q. What questions should I
ask if I'm leaning toward purchasing a new
home?
A. Here's a
good list to get you started.
-
Compare the
location of your present home with the
areas you're considering.
-
Try to
imagine your present home after it’s
been remodeled. How does it compare to a
new home?
-
Determine
the value of the amenities such as
landscaping or window coverings that
you’ll have to replace if you move.
-
Determine
the cost of new furniture or appliances
for a new home.
-
What is the
cost of selling your present home?
-
How long
have other houses in your neighborhood
stayed on the market?
-
Would you
have to sell your current home before
closing on another one?
-
What might
settlement costs be for a new home?
-
What would
your monthly housing costs be after
moving to a new home?
Back to Questions
Q.
We need more space. Would It be more cost
effective to buy a new house or add on to
the house we already have?
A. In today’s
real estate market the purchase price of a
new home will be based on the size of the
house, the location & amenities. So before
you decide to buy a new house, it would be
wise to know what your current home is
selling for by the square foot. Several of
our clients have had additions incorporated
into their current homes & have increased
the value considerably over the cost of
remodeling.
For example:
let’s say your home in its current location
is worth $125 -$175 per sq. foot & you can
add sq. footage by remodeling at the rate of
approximately $ 75-100 per sq. foot. A room
addition of 12 x 14 would add 168 sq. feet
and at $100 per sq. foot the cost would be
$16,800, but the actual value of the
addition could be as much as $29,400. That’s
an incredible investment!
The remodel
not only adds space & value to the existing
home, but other benefits like staying in a
favorite neighborhood and close to local
friends and schools (not to forget taxes &
moving costs). The actual cost of the
addition will obviously depend on several
key factors like the type of addition, the
location & comparative properties in your
area. For all the enjoyment & ‘value a
design/build remodel offers, it is
definitely worth looking into.
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