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Remodel & Renovate in Suffolk County : Real Estate Advice

  • All12
  • Local Info0
  • Home Buying4
  • Home Selling0
  • Market Conditions0

Activity 30
Fri May 15, 2015
Murphy Team answered:
Yes, waterproofing with a written transferrable guarantee is a good investment. Water creates moisture and possible mold issues that are eliminated with these systems.
0 votes 14 answers Share Flag
Mon May 11, 2015
Celine Sanderson answered:
Wow, Cambridgeport would be such a nice place to live, especially having a condo out there! If you're looking for ways to have green energy to not use as much energy on a daily basis, it can mostly be due to cool or hot air seeping through your windows and doors. Just having those small cracks that aren't sealed right, or having windows that don't retain the temperature of the inside air can really take a tole on your energy bill. I'd suggest to get new windows and ask for energy efficient windows to keep the good temperature in and the bad ones outside. Once you get the windows installed, another way to save on energy is to use drapery and shades to block the window as well. Those two things will attribute to a green energy solution!
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0 votes 20 answers Share Flag
Wed May 6, 2015
djennifer009 answered:
It sounds like you have two different projects going on. You should talk to a waterproofing company first to see what can be done with your basement. If you're having constant leakage, there must be something wrong. Make sure the waterproofing will solve the whole problem, not just the effects. ... more
0 votes 8 answers Share Flag
Fri Apr 24, 2015
Al Roppolo answered:
Bring in a water proofing expert who can give you a better idea of this technique as well as other techniques like various sealing solutions and french drains...etc
0 votes 6 answers Share Flag
Tue Feb 10, 2015
lewisremington19 answered:
Hi Brad, I have never built a deck in Boston, but I have in the Rochester area. In my experience you should get a few quotes from contractors, choose which one you want to have help you, and then move forward with telling them what you want. One thing I'd recommend is waterproofing your deck, especially if you aren't going to have it covered by an awning or anything. ... more
0 votes 11 answers Share Flag
Thu Dec 18, 2014
Myersjulie31 answered:
With this plan, I think that it would definitely increase the value. Then you would not only have a finished basement, but there would be bathroom facilities there to make it more convenient. This should be quite appealing to buyers, so I think this would be a good step. It is also a good idea to waterproof the basement, since having a flood after finishing would be really unfortunate! ... more
0 votes 6 answers Share Flag
Mon Sep 22, 2014
My NC Homes Team answered:
Probably not and you can't assume you may build a deck on a condo as you don't own the outside of the building. This is a project that will need the HOA's approval. In general I would suggest you are likely to recover between 65-75% of the actual cost. If you plan on living there 3-4 years or more and would enjoy hanging out on a deck then it's worth you're doing, but as an investment to increase resale value, probably not. ... more
0 votes 10 answers Share Flag
Mon Jul 28, 2014
John J. Dean Jr. answered:
I like the way Gary thinks down below .. it could save you lots of money in the long run. You may be a bit shocked at the sticker price for the deck , permits and the crane to get the material to the top of the building. Good luck ... more
0 votes 5 answers Share Flag
Wed Jun 11, 2014
James Cole answered:

Craigslist and are great sources for apt. shares.
0 votes 7 answers Share Flag
Thu Mar 13, 2014
Backbay? answered:
Does anyone have a ballpark figure as to how much people typically offer to compensate the association for roof rights? How is it determined?
1 vote 7 answers Share Flag
Thu Dec 12, 2013
Heath Coker answered:
That is a question for an engineer.

I would contact a local real estate professional to help with this answer and to save time and money.
(Not me, I'm on the Cape, but I can help you choose a local pro if you want help doing so.)

(Please note: when you choose an answer as a Best Answer, or at least give a thumbs up, it helps those who answer questions here.)
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0 votes 6 answers Share Flag
Mon May 13, 2013
Ron Thomas answered:
Is this one of those "hypothetical" questions where you are talking about "other" guy?
0 votes 4 answers Share Flag
Mon Apr 22, 2013
CH Naamad answered:
All the answers here are really good.
I also would recommend consulting a real estate lawyer for this matter.
Please keep in mind that if you are borrowing money for this project, you will run into limitations and restrictions on closing some units.
Best of luck.
Also, if you need a brokerage firm to represent you when you want market and sell the condos, please feel free to consult with us first.
Web reference below for more info.
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0 votes 7 answers Share Flag
Mon Apr 22, 2013
CH Naamad answered:
I am not really sure a rood deck will bring that much more than what your unit rents for.
A roof deck is more of a extra feature to attract a better tenant, for example, than to bring more $$$.
However, a new kitchen and bath can bring you more $$$.
Kind regards,
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0 votes 2 answers Share Flag
Thu Aug 23, 2012
Bill Eckler answered:
Hi Sean,

With a two bath scenario it's probably best to have one combination shower/tub and one walk-in shower. This arrangement should meet the needs of all perspective buyers.

Good luck,

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0 votes 8 answers Share Flag
Tue Jul 17, 2012
Kevin Vitali answered:
its all about the numbers or the dollars$$$$$$ as far as I am concerned. Does it net you a higher cap rate by doing the renovations? What is the resale potential with the renovations is it higher also? How long do you plan on holding the property? ... more
0 votes 3 answers Share Flag
Tue Jan 31, 2012 answered:
Hi, Shannon!

Review the condo doc's first and make sure there aren't any restrictions on building out that space. This means make sure you have a condo doc contingency in your offer.

Also, if you are counting on renovating that space as part of your purchase make sure you bring a contractor by during your inspection or due diligence period so you can find out if the the space is workable.

Lastly, make sure when you are valuing the property prior to making an offer that you count the unfinished basement space as less than half the price/sqre foot as the rest of the above ground level unit. Finished basement space is usually about half the value so unfinished would probably be a little less than that.

Most importantly get yourself an exclusive buyers agent (*does not represent the seller or work on the team of the listing broker) that way you will get all the above advice AND MORE!
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0 votes 6 answers Share Flag
Mon Oct 17, 2011 answered:
It will not hurt the value. Your target buyer @resale wont miss the tub so go for it!
0 votes 6 answers Share Flag
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