Archive for March, 2010

14
Mar

Wooded Lots, Are They Worth It?

   Posted by: Mike Garabedian    in Food For Thought, Picking The Right Builder

With spring approaching, the hunt for the perfect home lot is underway for most families.  This reminded me of an article I wrote a few years back on the pros and cons of selecting wooded lots over lots with few or no trees on them.

Now please don’t get me wrong, I love big trees as much as the next person and few things are more beautiful than a yard full of mature trees surrounding a luxurious Garabedian Home.  However, there are some hidden costs which should be considered when selecting a wooded lot to build upon.

Lot Premiums

It is commonly accepted that wooded lots are some of the most desirable properties.  Developers have added premiums to these lots when marketing them to builders/homeowners.  Frequently a wooded lot will have a $15,000 to $25,000 premium (or more) over sites with no trees.  Often families fall under the misconception that the lot premium is the only significant cost in selecting a wooded home site.  However the truth is much more complicated.

Hidden Costs

Building a home amongst trees can add costs and time to the construction process.  These costs can break out into three primary categories.

Code compliance is the first category and includes items such as; tree surveys, tree removal permits, code compliance, tree fencing and signage.  These items can add several thousands of dollars to the cost of construction all before anyone has started to work on your actual home.

Construction costs are the most visible factor that families will notice in this process.  These include; tree removal, stump & root removal, backfilling & compacting where the trees were removed, haul off & dump fees, trimming the remaining trees and additional tractor time.  Other costs include more expensive irrigation systems, adding retaining walls for drainage & tree protection and tree clean up/pruning. These costs can add up in to the tens of thousands of dollars in the blink of an eye.

Ongoing maintenance after the home is complete can add up as well. Regardless of how much care is taken during construction, trees can go into shock months or years later.  If treatments are unsuccessful in saving them, you will spend hundreds if not thousands to have the trees and stumps removed.  The remaining trees will require annual maintenance including trimming, pruning, lifting and supplements.  (Yes trees do need vitamins.)

Other costs include periodic clean up of your property.  These mature trees will often be in locations that may lead to their branches & leaves filling up your pool, ponds and gutters.  The cleanup is a year round process.

Alternative Choice

An alternative is to select a lot with fewer trees and then used your savings to have the landscaper place trees in locations that would compliment your property.  In addition to only paying for the trees you want, you would also be covered by the installers warranty if the trees went into shock after planting.  $35,000 could purchase dozens of mature trees that are covered by a warranty and installed where you want them. 

Conclusion

We do not want to talk you out of selecting a site that appeals to you, we do want to help give you an understanding on why your home may cost more to build on a heavily wooded site than a similar size home on a level clear lot.  Selecting a wooded lot can offer you a home site with character and charm, however, please understand your builder has to account for these additional costs mentioned above.

Thank You

I hope this has given you seemingly simple choices made early in the process can had significant costs to your home budget.  By working with your builder all the way through the process you will have opportunities to learn about these factors and make educated decisions.

If you have a question on how we can help you build a custom home, please feel free to email your questions to our offices.  Garabedian Properties is a full service building firm serving the Dallas/Fort Worth Metroplex.  We offer new luxury homes, premium remodels, green building/remodeling, home care services, storm/roof repairs and commercial building contracting.

Please feel free to leave your comments, drop us an email at mike@garabedianproperties.com or call our office at 817-748-2669. I also encourage you to visit http://www.garabedianproperties.com to see movies on our homes, hundreds of pictures and information on how we can be of service to your family or clients.  Or become a Facebook Fan.

If your family is not quite ready for us at this time, we will be at your service when you are in need or wish to request our assistance.  If you know someone we can help, we welcome and honor your referrals.

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9
Mar

Fewer Rooms Equals More House

   Posted by: Mike Garabedian    in Food For Thought, General, Home Functionality

Sometimes adding rooms can create a smaller home while having fewer rooms can translate into more space in your home. 

We have observed a trend of families designing multiple specialty rooms into their homes.  These rooms were usually dedicated to just one activity.  Some of the more common ones included; theaters, wine cellars, craft rooms, exercise rooms, etc… 

Specialized Rooms

I would first like to define what we mean by specialty rooms and multipurpose rooms.

Movie theaters (media rooms) are some of the most common specialty rooms.  They can single layer or multi tiered.  Often the only activity that can occur is watching movies/tv or playing video games.

Wine cellars have become increasing popular with cabinets, refrigeration, iron gates and they may be sunken down to simulate the effects of walking into a cellar.

Many families like to have designated craft rooms with cabinets, sinks and tables.

Exercise rooms with mirrored walls and rubber floors are often about the size of a bedroom.

An exterior element that we see many families request is the balcony.  Balconies are great architectural elements, however, sometimes their location is more a factor of how it looks on the outside than how it is utilized from the inside.

Hidden Costs

Often homeowners forget to account for the hidden costs of these spaces.  By adding rooms, you not only have the actual costs of construction but you have costs associated with ownership.  These costs include the mortgage debt, insurance, property taxes, utilities, cleaning and upkeep.

An extra 1,000 sqft of space could add $10,000 or more to your ownership costs each year (excluding the house payment).

The Motivation & New Priorities

Often the motivator for including these rooms is not so much a “need” as it is a “want”.  Homeowners like the idea of having a room similar to what they have viewed in model homes or their friend’s homes.  For families who have the wherewithal, it was a comfortable decision and they were willing to pay for these new spaces. 

However as more and more families begin to seek out reduced home sizes; we are seeing a greater struggle on how to balance the “wants” of all of these rooms and their “needs” in a home.  This often results in families having to take away footage from the rooms that are used on daily basis so they could accommodate these new spaces.  (kitchens, family room, bathrooms, etc…)

The answer is you may not have to omit anything.  Instead consider allowing rooms/spaces to serve more than one purpose.  By designing rooms to accommodate more than one activity/task families can maximize their housing dollars while still adding new versatility to their homes.

Space Utilization

Here are some of the most recent trends in multi use spaces;

The combination of media and game rooms into one larger space allows for watching movies while participating in activities with the family. 

Craft rooms are incorporated into utility rooms.

Studies are being designed to accommodate two work stations. 

Many families are forgoing the formal dining and choosing to oversize their nook area.

Sitting areas in foyers or over-sized studies/libraries are taking the place of formal living rooms in many homes.

Butler’s pantries can incorporate a wine station in lieu of a dedicated wine cellar area.

These are samples of how combining rooms can maximize a house’s space utilization while still preserving the functionality of your home.

Builders Have Feedback

Builders are able to offer feedback from families who have built homes with a variety of spaces and rooms.  This feedback can give guidance on how spaces drawn on the plans may or may not perform as desired when they are actually built.

Lifestyles are fairly consistent.  Our experiences and feedback from our families indicates that building a new room won’t change the way most people live in their new homes.

Please give thought to how you live now when designing a house, as that is probably very similar to how you will use your new home.

Thank You

I hope this has given you insight to how creativity in design can help maximize the utilization of your new custom home.  By finding ways to make rooms serve multiple purposes you may be able to create a “bigger” house and still spend less money.

If you have a question on how we can help you build a custom home, please feel free to email your questions to our offices.  Garabedian Properties is a full service building firm serving the Dallas/Fort Worth Metroplex.  We offer new luxury homes, premium remodels, green building/remodeling, home care services, storm/roof repairs and commercial building contracting.

Please feel free to leave your comments, drop us an email at mike@garabedianproperties.com or call our office at 817-748-2669. I also encourage you to visit http://www.garabedianproperties.com to see movies on our homes, hundreds of pictures and information on how we can be of service to your family or clients.  Or become a Facebook Fan.

If your family is not quite ready for us at this time, we will be at your service when you are in need or wish to request our assistance.  If you know someone we can help, we welcome and honor your referrals.

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