Thursday, January 24, 2013

Home Remodel in Dallas - No Room Left Untouched

Before and after shots of kitchen in Dallas remodel
We have just uploaded before and after pictures of a Dallas remodel that you might enjoy checking out.  Unique Home Construction helped this family change everything from the look of the home from the outside to every room inside.  You can judge the results for yourself. 

If you would like to sit down with us to discuss a kitchen remodel, a bathroom remodel, a room addition, or a brand new outdoor entertainment area, just give us a call.  We are seeing more and more demand for constructing custom homes or doing complete remodels like the one we just completed. 


Tuesday, January 22, 2013

Kitchen Remodels in Dallas May Be Back - North Dallas Home Value Climb

North Dallas Home Values up over 10% for the Year - What Effect on Remodeling?

Home values are jumping up and interest rates are still low.  Now may be the perfect time to add on to your Dallas home or remodel your kitchen. 


According to Zillow.com, the North Dallas area is seeing home price increases more like the boom years of the mid 2000's with the far North seeing 15% average increases in the last 12 months, and those closer to town going up 10%.  Other areas of the Dallas Metro are level or beginning to trend up, as well.

This is certainly good news for those who bought at the top, or refinanced in the 2007.  But it is especially good new for those who have needed to fix up their kitchen or bathroom or maybe add a new room to the house.  While it may be possible to pay for a $30,000 kitchen remodel with your American Express Card or from savings, most folks seem to prefer to use their equity as the smart way to finance home improvements.

With mortgage rates at historic lows, homeowners who have equity get a double benefit.  Depending on the interest rate on your current loan, you might be able to refinance your existing principle plus enough to add that room or refresh the kitchen, and end up with payments at the same amount as before.
A typical home in North Dallas might have a mortgage of $200,000.  If your current interest rate is at 4.5%, your payments are going to be in the neighborhood of $1000 a month.  If you were to add a $40,000 remodel to that home, thereby increasing your mortgage to $240,000, but get a 3.4% mortgage, your new monthly payment would be about $1000.00.
 
If the remodel adds at least $40,000 to the value to the home, you now have the same net worth, the same payment, and a more beautiful home.

Many homeowners in Dallas haven't realized that home prices are headed upwards.  Speculators have entered the market, foreclosures are getting processed through to new owners, and the upward pressure on prices is helping those who were barely upside down to get some hope or to be in a position to sell.  This in turn is creating more demand with very little supply.

If you would like to talk to Mike Sepik about the possibilities for any type of remodel for your Dallas home, you can reach him at 214-533-0176.  You can also see the company website at http://uniquehomebuild.com

 
 

Thursday, January 3, 2013

How to Finance your Remodel with the Same Monthly Payments with North Dallas Home Value Increase


 The website Zillow.com reports that the North Dallas area is seeing home price increases more like the boom years of the mid 2000's with the far North seeing 15% average increases in the last 12 months, and those closer to town going up 10%.  Other areas of the Dallas Metro are level or beginning to trend up, as well. 
Here is how this could help you with that remodel you've been wanting for your Dallas home...
 This is obviously good news for those who bought at the top, or refinanced in 2007 or before, and have been struggling...It is also good news for the building trades.  While it may be possible to cover a $30,000 kitchen remodel with your American Express Card or from savings, most folks seem to prefer to use their equity as the smart way to finance home improvements. 
With mortgage rates at historic lows, homeowners who have equity get a double benefit.  This means that depending on the interest rate on their current loan, homeowners may be able to refinance their existing principle, plus enough to finally do the kitchen or bathroom remodel, and end up with the same payments they had before.
 For example: say your home in North Dallas has a mortgage of $200,000.  If the current interest rate is at 4.5%, your payments are going to be in the neighborhood of $1000 a month.  If you were to add a $40,000 remodel to that home, thereby increasing your mortgage to $240,000, but get a 3.4% mortgage, your new monthly payment would still be about $1000.00.
Because a smart remodel can add at least $40,000 to the value to the home, this may leave you with the same net worth, the same payment, and a better home.
Many homeowners in Dallas do not realize that home prices are headed upwards.  Speculators have entered the market, foreclosures are getting processed through to new owners, and the upward pressure on prices is helping those who were barely upside down to get ahead or to be in a position to sell.  This in turn is creating more demand with very little supply.


Wednesday, January 2, 2013

Top Ten Technologies for Dallas Home Remodel: Tubular Skylights



We are running a series of posts about 10 of the best technologies available for your Dallas remodeling projects. PATH selects these technologies for their notable strengths in one or more of the following areas: quality and durability; energy efficiency; environmental performance; safety and disaster mitigation; and affordability. 
10. Tubular Skylights
Many homeowners enjoy the natural lighting that skylights provide. However, skylights often do not distribute light evenly, are a significant source of energy loss, and can cause UV damage to carpets and furniture. Tubular skylights, on the other hand, use the sun for lighting interiors without the drawbacks associated with conventional skylights. They are generally easier to install than typical skylights and, from the home's interior, resemble conventional lighting fixtures.

We can install your tubular skylights in Dallas. Contact Unique Properties for your build, addition, kitchen remodel or other building or remodeling project in the greater Dallas area. We can be counted on to deliver quality workmanship, with professional customer service, on time, and on budget.