REMODELING: TIPS AND TRENDS Lora J. Vassar, CGP, CAPS Arch Design, Inc. (505)

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

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

Tips

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

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

Rebates & Incentives DSIREUSA.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

Trends:

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

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 Improving the Improvements:

Generational Changes  Traditionalists: AKA Silent Generation -  approx  Leading Edge Boomers:  approx  Trailing Edge Boomers:  approx  Gen X:  approx /85  Gen Y & Millennials:  Approx

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

Products, Technologies, and Floorplans  Products and Technologies  Appliances  Electronics  Products  Wireless Components  Lighting  Smart Homes  Open Floorplans and flexible spaces

Storage Never enough!!! Always need more!!

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