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The Hidden Costs of Downsizing

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The Hidden Costs of Downsizing

Downsizing sounds like a great way to save money, right? A smaller house should mean smaller expenses, but that isn’t always the case. In fact, sometimes downsizing can actually cost you money. Here are some of the hidden costs you should take into account when you’re deciding whether or not to downsize.

Cost of repairs

Have you kept up on maintenance in your current home? If not, you may be on the hook for some expensive repairs when it comes time to sell. If you want to sell your current home for top dollar, you’ll need to get it in great shape before you put it on the market. This could mean anything from replacing your roof with the help of a roofing contractor or fixing your furnace to making cosmetic upgrades. Many homebuyers are looking for properties that are move-in ready. If you last made renovations during the Reagan administration, then it may be necessary to spend money to get your home up to speed.

Cost of moving

If you haven’t moved in a long time, then you may be surprised by how expensive it can be. According to moving.com, the average cost of a local move is $1,250 while a long-distance move will cost you $4,980. If you don’t have that money set aside, you may find yourself scrambling to get the job done. In order to save money, shop around for the best price. Get quotes from several companies and research them to make sure they have a good reputation. Don’t move during peak summer season, or at the beginning or the end of the month. If possible, pack your own boxes.

Cost of a new location

Chances are that if you’re downsizing, you’re probably moving to a more desirable location. For many, this means moving to a place with lots of sunshine, low crime, and plenty of amenities. Of course, these kinds of locations usually come with higher price tags. You can expect to pay more for a home. You’ll probably also pay more for things like gas, groceries, and eating out.

Cost of new furniture

Downsizing often means that your old furniture just won’t work in your new, smaller space. That king-sized bed may not fit in your new bedroom, and the dining table that seats 10 probably won’t work in an eat-in kitchen. For many people, this means buying new furniture to fit your new situation. Be aware that it can be tough to sell your current furniture for a good price. Many younger adults are opting for minimalist lifestyles that don’t pair well with large, heavy pieces of furniture.

Cost of services

Finally, you should also consider the cost of services in your new location. If you’re moving into a condo or planned community, you’ll be paying HOA and maintenance fees for the upkeep of community spaces like swimming pools and fitness centers. If you’re moving to place where you’ll care for your outdoor spaces yourself, you may need to hire a lawn care or snow removal service. Take into consideration both your current and future needs when determining how much you’ll be spending on services in your new home.

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Growing a Privacy Hedge

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Growing a Privacy Hedge

Creating privacy is often a priority for many homeowners. Installing a fence is a common option for creating privacy, but it isn’t right in every circumstance. For those looking to create privacy without putting up a fence, growing a privacy hedge could be the best solution. Here’s what you need to know to create a beautiful living fence that will provide the privacy you’re looking for and last for years to come.

Benefits of a privacy hedge

Growing a living fence has many benefits, including:

  • Obstructing an unpleasant view and creating a more beautiful one.
  • Providing a barrier for noise.
  • Providing privacy from neighbors.
  • Protecting against wind.
  • Combating road pollution.

Choose plant type

When growing a privacy hedge, you need to determine what kind of plant will best suit your needs. You basically have two choices:

  • Deciduous – A deciduous hedge will lose its leaves in winter, which will provide less privacy. However, deciduous hedges will often produce beautiful flowers in spring and summer and attractive fall foliage.
  • Evergreen – An evergreen hedge will provide privacy throughout the entire year, but it won’t provide the same amount of visual interest in spring, summer, and fall that a deciduous hedge will.

Understand space requirements

Not all hedges can be grown in all spaces. In order to choose the best type of privacy hedge for your property, determine how much space you have. How tall can the hedge grow, and do you want it to provide privacy on a second story? How wide is the space you have? If you don’t have much width, you will need to choose narrow, compact hedges that won’t overgrow the space. Good choices for narrow spaces include boxwood and arborvitae.

Mark the area

Once you’ve determined what to plant based on your needs, it’s time to mark the planting area. Use sticks to mark each end of the area and tie a string between them. This will help to ensure that you are planting the hedge straight. Determine how far apart each plant needs to be, and tie sprinkler flags at each point along the string.

Planting the hedge

Once you’ve marked the planting area, you will dig a trench for your hedge. The trench should be two-to-three times wider than the root ball of the largest plant. The depth of the trench should be two inches less than the depth of the largest root ball. Place one plant at each sprinkler flag. Mix the soil you’ve dug out of the trench with compost in a two-to-one ratio, and fill the trench back up level with the surrounding area. Create a dam around each plant that is slightly wider than the root ball and thoroughly water the plant. Make sure to water the plant once a week until it is firmly established.

Training the hedge

In order to create a full and lush hedge, you will need to train the shrubs or trees you’ve planted. Give the plants one or two seasons to establish themselves. Then, each year cut new shoots to half their length.

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Increase Your Home’s Value

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If a home sale is in your future, then you may want to start thinking about ways you can increase your home’s value. Getting top dollar is important to all sellers, and by making strategic choices about upgrades and renovations, you can get a handsome return on your investment when it comes time to sell. Follow these tips to help you get the best offer when you sell your home and if you need to learn more tops to add value to your home, pop over to these guys website.

Update the basics

A picture of your furnace or water heater is not going to be your primary listing photo, but having up-to-date appliances can help with your home sale. If your furnace is more than 15 years old, consider a new heating installation before you sell. If your furnace is rather fairly new, you must still ensure furnace maintenance for it to be presentable. Many of today’s homebuyers are looking for properties that are move-in ready and don’t want to deal with outdated appliances and systems.

Improve your curb appeal

One of the easiest ways to add value to your home is to improve your home’s curb appeal. The exterior of your home is the first thing that potential buyers will see, and first impressions count. Don’t let a potential buyer be turned off by an ugly, boring, or poorly maintained landscape. Clean up trees, shrubs, and bushes and plant colorful annuals for an instant pop of color. Paint the front door an attractive shade, and update your mailbox, house numbers, and lighting fixtures. A small investment of time and money can make a big difference.

Invest in kitchen upgrades

Kitchens continue to be a big selling point for buyers. If your kitchen is in desperate need of a makeover, consider making the investment. You don’t need to do an entire overhaul. Instead, replace appliances, countertops and flooring. Give the walls and the cabinets a fresh coat of paint and replace hardware.

Increase the living space

You may not have it in the budget to physically make your floor plan larger. But you can use the space you do have to its fullest potential. If you have an unfinished basement, it could be worth it to finish the basement before selling. Attics are another popular option for increasing the amount of living space. Consider the kinds of buyers in your market and stage your home to appeal to them. This could include staging an extra bedroom as an office or child’s playroom or turning an upstairs closet into a small laundry room.

Make it energy efficient

Energy efficiency is becoming more and more important to homebuyers. You can make your home more energy efficient by installing double-pane windows, using Interior Window Shades, adding better insulation to the attic, using LED light fixtures, and upgrading to energy efficient appliances will increase the house value as explained here.

Upgrade to smart technology

Finally, a great way to increase your home’s value is to invest in smart technology. The types of smart devices that appeal to homebuyers include thermostats, security cameras, door locks, doorbells, lighting, and fire detectors. These devices have become much less expensive in recent years, and can often be easily installed without the help of a professional.

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Helping Your Child Buy a Home

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Helping Your Child Buy a Home

Home ownership is a dream come true for many. However in today’s economic landscape, many young adults are finding it hard to turn that dream into a reality. Whether it’s because of student loan debt, not having enough money for a down payment, or any number of other reasons, many millennials are unable to buy a home on their own. If you’re a parent who is looking for tips to help your child buy a home, then read on.

Give money

Giving your child a monetary gift is often the easiest way to help them buy a home. The money can be used for the down payment or for closing costs. But be aware that there are strict rules about how the money needs to be handled. Most lenders prefer to see that gift of money in the child’s bank account at least three months before getting a mortgage. You will also need to supply proof that the money is a gift and not a loan. Keep all the documents related to the gift because you may need them when applying for and closing on the mortgage.

Be the mortgage lender

If you have the cash to invest, then you can be the mortgage lender for your child. However, you will need to formalize and document the loan according to the IRS guidelines. You must also charge them the Applicable Federal Rate. Anything lower than that is considered a gift. Depending on your circumstances, you can finance the entire amount of the purchase price or just a portion. For more information about how to loan money to your child to buy a home, check out this great article from AARP.

Be the landlord

Another way in which you can help your child buy a home is to purchase it yourself and rent it out to your child. This can be a great option for those who still need their money for retirement. You can collect the rent payments and save them. Your child can then eventually use that money to buy the home from you.

Cosign the loan

Some young adults may have the means to buy a home, but their credit history is keeping them from qualifying for a mortgage. In this case you cosign the mortgage for your child. One note of caution – this is only a good option if you trust that your child will make all their payments. Remember – you will be on the hook if your child defaults on the loan in the future.

Improve your child’s credit score

If your child needs a bump to their credit score, then you might also consider adding your child to one or more of your accounts. Your child then becomes an authorized user of your account, and the credit bureaus will link your payment history with their payment history.

Formalize your agreement

Finally, when you’re offering financial assistance to your child, it is in everyone’s best interests to formalize your agreement. This can mean drawing up a contract, documenting gifts, and disclosing the arrangement with other family members. This helps to ensure that everyone understands their responsibilities and obligations before the process begins.

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Staging a Living Room to Sell

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Staging a Living Room to SellThere’s no doubt about it – one of the most important rooms to stage when you’re selling is the living room. The living room is where family and friends gather and where you unwind after a long day. A great living room will often be at the top of the list for potential buyers, so you want to make it look comfortable and inviting. You may hire a home staging real estate agent to help you make your whole house presentable and more appealing to potential buyers.

De-clutter and de-personalize

If you do nothing else when selling your home, then make sure you at least de-clutter and de-personalize. Potential buyers will be imagining themselves living in your home. If you have too many personal items taking up visual space, it will be more difficult for them to visualize their belongings in the space. Remove all family photos and personal mementos. Clear off shelves and edit the furniture. Store any pieces that are large and bulky. Remember – the fewer items you have in the room, the larger it will appear.

Don’t go overboard

On the flipside, don’t take de-cluttering to the extreme by removing everything. An empty room can turn off potential buyers. It is more difficult to imagine how furniture and other items will fit in the room if there is no frame of reference. Some buyers may be concerned that their favorite couch won’t fit in the room, and may decide not to put in an offer.

Make repairs

As with any other room, you need to make necessary repairs in the living room before listing it. This includes patching holes in the walls, making sure doors close properly, and ensuring all the lights work. Change out bulbs that have burned out and have the carpets cleaned, especially if there are any stains or odors.

Paint

The next order of business when staging a living room is to paint. This is especially true if your walls are anything other than a neutral color such as beige or light gray. These colors will make your living room feel clean, bright, and more spacious. And a fresh coat of paint can really energize a room so don’t skip this step!

Arrange the seating

Now that you’ve de-cluttered, made repairs and painted, it is time to bring your larger pieces of furniture back in. When you’re staging a living room, you want to create a space for conversation. Most likely, this will include a couch, coffee table, and one or two chairs. Add lighting with table or floor lamps to make the space feel more intimate. And if you have a focal point, such as a fireplace or a great view, arrange the seating to face it. Make sure there is enough space for traffic to flow from one room to another.

Let in the light

Windows in the living room can be a big selling point, especially if they let in lots of natural light. Ditch the heavy curtains and opt instead for window treatments that allow light to pass through. When you’re showing the house, make sure the curtains are open and the windows are sparkling clean. If possible, hang a mirror opposite a window to reflect even more natural light into the room.

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Heating Systems 101

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Furnace or forced air

The most common type of heating system in a home is a forced air unit, also known as a furnace. Furnaces can run on different types of fuel including gas, oil or propane. Furnaces are the most popular choice because they are reliable and generally inexpensive. Furnace heating installation is easy and require little maintenance. However, then can produce and circulate allergens in your home. If you’re particularly sensitive, then consider getting your furnace updated so that it will filter your home’s air. Furnaces are easy to replace, and modern units are more efficient than they have ever been.

Boiler

Another type of heating system that is fairly common in a home is a boiler. According to this Heating Oil Supply Company boilers use water to create and distribute heat in your home. This is usually done through pipes and radiators. These devices heat floors and walls to keep the air in your home warm. One great advantage of boilers is that, unlike furnaces, they are very quiet. They are a great choice if you have allergies, as they do not create or distribute allergens in your home. Most boilers run on gas, but they can be expensive to purchase and install. One of the biggest downfalls of boilers is that they can leak, especially as the unit gets older. In situation like this, you need to hire an expert for Residential boiler repair service.

Heat pump

A third type of heating system you may encounter in a home is a heat pump. Heat pumps work by taking advantage of current temperatures to heat or cool your home. Most of the time, heat pumps operate on a forced air system that is similar to an air conditioner but run in reverse. Heat pumps are very efficient. In fact, geothermal technologies, which use temperatures underground, are among the most efficient heating systems. Although they can save you money over the course of their lifespans, gshp installation can be more expensive. Heat pumps can also be quite noisy, and require more maintenance than other systems. You can contact your local heat pump replacement services to check your heat pumps on a regular basis.

When to change systems

After reading through these choices, you may be wondering if you should change the type of system in your home. Rest assured, however, that it’s most often in your best interest to upgrade the system you have than to overhaul it by installing a new system. In most cases, this type of renovation is expensive and you’ll rarely see a return on that investment. When in doubt, unless you are already making major renovations that affect the layout of your home, stick with what you have and upgrade to a more efficient unit. For instance, if you need to replace your propane tank, then you may get a new one from a professional propane tank delivery service. And if you have water heaters that need repair, make sure to contact a professional plumbing lexington expert. You may also look for similar services like the ones from Home Choice Plumbing – water heater repair for expert water heater repair or replacement services.

Make the Most of a Small Yard

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Make the Most of a Small YardYards are a great way to extend your living space – especially when the weather is nice. However, if you have a small yard, then you may feel like you’re missing out. But don’t be dismayed! There are many ways that you can maximize that outdoor space and turn it into something both functional and beautiful. If you have trees in your yard, you may schedule regular tree trimming to keep them healthy and appealing.

Here are several excellent ideas to help you make the most of your small yard.

Enclose your outdoor space

This may seem counterintuitive, but hear us out. You can make your small yard feel more functional if you enclose it. By enclosing your space, you make it feel like a cozy and inviting room that encourages guests to linger. You can enclose your space in a variety of ways, from installing a pergola to creating vertical plantings.

Create a focal point

Does your small yard have a beautiful view? Then capitalize on it by arranging your space around it. If your view is less than desirable, fear not. You can create a focal point with a trellis, a fountain, or a unique piece of garden art. Having a focal point helps to anchor your design and draws the eye.

Create a container garden

Do you have the urge to garden, but you have no room for a raised bed? You can achieve the same effect by gardening in containers. Not only can you create beautiful plantings with flowers, but you can also grow vegetables and herbs. Choose containers that complement your garden design, and use a variety of sizes to create visual interest. And the best part is that when you get bored, you can rearrange them to your heart’s content. Just don’t forget to water them!

Use smaller furniture

One way to make your small yard feel even smaller is to use large furniture. Instead, opt for compact outdoor furniture pieces like benches and chairs. Choose lighter looking materials such as metal or bamboo that will blend with the environment instead of blocking it. Having smaller furniture also allows you to easily reconfigure it to meet your needs. If your relaxing weekends have been supplanted by the never-ending work of mowing, fertilizing, watering, and weeding, it may be time to consider hiring an Excavator Brush Mowing service or searching for artificial turf installers near me.

Take advantage of vertical space

If you lack horizontal space, then it’s time to think vertical! Vertical gardening not only helps you to create a cozy environment, it drastically increases the amount of space you have for plants. Use trellises to grow vines, or hang planters on walls and fences.

Think cohesively

When designing your outdoor space, choose colors and patterns that complement what you have inside. By making your yard an extension of your home, you make the entire place feel bigger. Decorate your yard with beautiful madison gold rock.

Avoid clutter

One big danger when designing your outdoor space is stuffing it too full. Instead, opt for clean lines and a limited variety of plants. Though it may be tempting to buy one of every plant you love, stick to a handful in a restricted color palette.

Don’t be afraid to use it

Finally, the best way to make the most of your small yard is to actually use it. The more you use your outdoor space, the more you will understand its features and limitations. Then you can begin to conceive of the best ways to use it and maximize its potential.

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Creating a Craft Room

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Creating a Craft RoomIs a personal craft room on your wish list? If you’re house hunting – or you’ve just purchased a home – you may be wondering how you can turn a spare room into a craft room. Fortunately, all it takes is a little inspiration to get started. These are some of the best tips we’ve found for creating a craft room. We hope it inspires you to finally turn your dream of a craft room into a reality!

Choose the right room

Don’t be tempted to squeeze yourself into the smallest room in the house. If you have the extra space, then choose a room that will provide enough space to work and to store your supplies. Consider using a bedroom, a den, or even a section of the basement. You also need to take into account the flooring, especially if you will be painting or using water. Avoid a room with wall-to-wall carpet if this is the case.

Choose the best worktable

The most crucial decision you can make about your room is the worktable. Be sure it is big enough to accommodate your projects. Consider the height as well. Will you primarily be sitting or standing when you work? If you will be sitting, then choose a chair that will be comfortable for your marathon crafting sessions. You can also check out these vinyl sticker printers reviewed at Vinylcuttingmachineguide if you want to be able to create a huge range of projects, but if stickers isn’t your ideal project then you can just get one of the regular uv flatbed printers.

Consider the lighting

Another important consideration is the lighting in your craft room. Does the room get much natural light? If not, then invest in good-quality lights so you can easily see your work. Will you be photographing your work to post online? Then either choose a room with good natural light or set up an area with a small light box where you can take pictures.

Use work zones

Chances are you don’t limit yourself to one kind of crafting. If this is the case, then think about organizing your craft room into zones. Each zone will focus on one main type of craft, such as sewing or gift-wrapping. And don’t forget to leave yourself some space for a computer or laptop. You’ll likely want to watch a how-to video or post pictures of your creations to Instagram, so set aside some space for your technology.

Organize your tools and supplies

One of the best parts of having a craft room is having all your beautiful supplies and tools in one place. For that reason, you should take some time to evaluate your storage and organizational needs. It can be helpful to have sturdy shelves or a storage cabinet. Collect storage boxes of various sizes that can easily house all your items, and store like items together. And don’t forget to label all your boxes! Nothing is more frustrating than not being able to locate the tool you need for your project.

Have fun

The best piece of advice we can give you about creating your dream craft room is to have fun! Remember why you want to have a room dedicated to your creativity, and allow yourself the freedom to break the rules. Choose colors, fabrics, furniture and decorations that make you feel good so that you’ll want to spend time in your new craft room. Enjoy!

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How to Minimize Your Home’s Flaws

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How to Minimize Your Home’s FlawsDoes your home feel less than perfect? There are truly very few homes that live up to all the owner’s expectations. Although it’s common for most homeowners to feel some dissatisfaction with certain elements of their homes, it can be more obvious when you’ve just moved in or you’re trying to sell. But don’t worry! There are many ways that you can minimize your home’s flaws. Here are some of our favorites.

Emphasize your home’s features

First of all, one of the best ways to downplay your home’s flaws is to emphasize its features. Even if you feel like the home could use a complete overhaul, it would be surprising if it didn’t already have several things working in its favor. Take note of which features you really like, and play them up. This could mean adding curb appeal to a large front yard, drawing attention to the home’s architectural details, or organizing an open layout to make it great for entertaining.

Maximize your storage

Is your home short on storage space? One of the best ways to make the most of the storage space you do have is to declutter. When you have tons of extra space, it’s easy to hold on to items you think you may use again…someday. But when you lack that space, you need to take time to thoroughly go through your items and discard the ones you no longer need or use. You can make even more use of the space you have by installing double rods in closets and adding shelves. Not sure how to start? Check out Marie Kondo’s The Life Changing Magic of Tidying Up to learn how to let go of and organize your possessions.

Upgrade the view

Not every home can have a view of the ocean. But if you’re stuck looking at a parking lot or building, there are ways you can improve the view. Plant trees or shrubs outside the window to create a living fence. If you choose evergreen varieties, they will provide privacy all year long no matter the weather. Another option is to consider parking lot paving to increase your home’s curb appeal. Contact a reliable asphalt paving company and they can help to pave your driveway.

For a Lynchburg paving company, contact C & A and Sons Paving. Hire them to amazingly pave a walkway, parking space, or driveway. You’d be amazed what a big difference it makes for a home.

Create focal points

If you want to draw attention away from a room’s flaws, then create a focal point. Choose a focal point based on the purpose of the room. If it’s a bedroom, then create a focal point with the bed that draws your eyes directly to it. If it’s a living room with a fireplace, then play up the desirability of the fireplace with beautiful art, and make sure all the seating faces it. You can also create a focal point in a living room by creating an accent wall with eye-catching wallpaper or paint.

The color of your mailbox number is important, you will need it to be visible. Make sure to update it with modern mailbox numbers, placing a lightly colored number on a dark coloured background.

Let in the light

Lastly, if there are rooms in your home that are too dark, there are many ways you can let in the light. Paint the walls a light color. Hang mirrors across from windows or lamps so they will reflect the light. Decorate using reflective surfaces, such as gold or high-gloss finishes. A residential window replacement project may also be a great solution especially if you want as much natural light in the room as possible. And if it’s a tree or bush outside that’s blocking the light, trim it back.

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When Do You Need a Permit?

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When Do You Need a PermitSummer is a great time to complete home improvement projects. Both sellers and recent buyers may opt to make upgrades because they can add value to a home. But it’s essential that you understand which projects may require a building permit. If you don’t get the proper permits before completing the work, you could run into trouble when you’re selling. Here’s what you need to know to avoid problems down the line.

Why are permits necessary?

Although obtaining permits like Hot Work Permits can be a bit complicated, it’s a step you cannot skip. If you fail to get the permits you need, then you may jeopardize your home sale in the future. During the home inspection and appraisal, you will need to show all the permits that you have on file. If you completed a project without a permit, the lender may not finance the loan for the buyer.

Who is responsible for getting the permit?

Even if you’ve hired contractors for the job, do not assume that they’ve secured the proper permits. While the Sami Construction website can help advise you on whether or not a permit is necessary and will often pull the permit for you, be sure you follow up so that you know your project follows the letter of the law.

What projects need a permit?

Not all home improvement projects require a permit. Each municipality creates its own building codes, so you will need to confirm with them whether or not you need a permit. If your project changes the structure of the home or if it may create hazardous conditions, then you will probably need a permit. You may also need a permit for projects that require machinery or equipment like aerial lift rental. Jobs that are most likely to require a permit include:

  • Structural changes – this includes demolishing a load-bearing wall or making changes to decks, porches, balconies or roofs.
  • Changing the footprint – this includes adding rooms, garages, or decks. It could even include adding a nice looking and long lasting steel shed from the pros at Power Aggregates.
  • Fences – installing or repairing a fence may require a permit, which is most likely if your fence exceeds the height restrictions.
  • Adding windows – if your new windows are larger than your existing windows, you’ll need a permit to make those structural adjustments.
  • Plumbing and electrical – According to a Plumbing Company we highly recommend, this includes adding both plumbing and electrical systems.
  • Demolition – you’ll need a permit if you intend to place a dumpster rental on a public street.
  • Water heaters – if you are installing or replacing hot water heaters, you need a permit.
  • Siding – this includes making changes to your home’s siding.

What projects don’t need a permit?

While may updates will require that you get a permit, there are many home improvement projects you can complete without one. These could include:

  • Minor electrical repairs.
  • Installing a new roof made of similar materials to the existing roof.
  • Replacing kitchen or bathroom countertops.
  • Painting the interior or the exterior.
  • Installing fences that don’t exceed the height restrictions.
  • Installing retaining walls that are less than four feet tall.
  • Replacing faucets, sinks or toilets.
  • Installing new appliances as long as you do not need to modify the hook-ups.

What do you do if you don’t know?

If you don’t know whether or not your project requires a permit, then you need to ask. The best place to contact is your local permitting office.

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