Fresh Look at New Home Design Ideas

Home is where the heart is. The home means the place where we can unwind and be ourselves. So if one wants to redo their home, it needs taking a fresh look at the various home design ideas.

A house is made of many rooms. Each of these rooms has a role to play to make it a part of the home. While deciding on the home design ideas it is important to remember that individual tastes of the people living in the house have to be taken into consideration.

The house can be given a completely new look by just changing the color of the paint on the walls. You can decide to go in for more modern use of different colors for different rooms or walls. Or maybe even use wall paper or tiles to add more variety.

In case constructing a new house, you can decide on the theme – like a modern house with neat lines or a farm house or just a simple country house. The theme can help decide how to do up the rest of the house.

Home design ideas can help plan for the most important room in the house, the kitchen. The size and shape of the kitchen need to be given adequate thought. The counter-top, the pantry, the types of electrical appliances that would be used all need to be accommodated and planned for. Also the type of kitchen sinks that have to be fitted.

The bedrooms should be well planned well. The rooms should get proper ventilation. There must be ample cupboard space and storage areas. The lights should be well placed.

The plumbing in the bathrooms has to be well thought of. The number of sinks, the type of tap fittings, whether to fit a tub or a shower closet. All the plans have to be made keeping in mind the number of people using it and their specific requirements.

Would you prefer a well laid out lawn or a backyard where the children can play? Using the new home design ideas, plan well to use the open spaces to avoid hassles in future.

Leaving A Legacy With Commercial Real Estate

Watching my two children open the many gifts they were blessed with from friends, family and their parents, over the holidays raised a question for me. What can I give my children that they can enjoy when I’m no longer around? What can I give them that they can share with their Children’s, Children’s Children? The answer for me is Commercial or Income Producing Property. Namely small to mid-sized Commercial Real Estate. By small to mid-sized I mean assets whose value is in excess of $1 Million. I understand that Commercial assets is not as exciting to my children as the new leap pad games they received for Christmas but it’s certainly the gift that will keep giving. In this article to we will explore three advantages to building a legacy with Commercial Property.

Income producing Real Estate in general is a great long term investment because of the high demand. As an investor in Apartment Buildings, I need only point to the basic needs of life, food, shelter and clothing, to justify that there will always be a need for shelter. Of those three needs, the need for shelter is, in my opinion, most important to the average individual. The Bureau of Labor Statistics, 2011 Consumer Expenditures News Release reports that the average American spends 26% of their income, before taxes, on housing. As we examine our own economic spend plan housing is undoubtedly the largest bill for most of us. This further supports the claim that real estate is in large demand.

Next, Income producing assets are great long term investment because of the principal of leverage. One of my mentors used to say “You make money in real estate when you buy not when you sell… you must Buy Right!” Quoting him here is not as impressive without the Southern accent over the word ‘Right.’ What he meant is that buying a property must be done strategically with the goal of making money in the forefront. You must be able to leverage the money you use in a deal. Leverage occurs when money is borrowed at a certain interest rate that is less than the rate of return of the property. Leverage enables a commercial asset to pay for itself. What better asset to have than an asset that not only produces income but produces income in excess of its expense. Leaving such an asset for the generations that follow you is powerful.

Lastly, Commercial Property, namely property whose value is in excess of $1 Million, can more often than not support itself. The income produced from the monthly rents can be used to pay the mortgage and hire a staff of professionals to maintain the asset. Of course you can do everything yourself (Not Recommended) but if the property makes enough income to hire a professional lawyer, accountant, landscaper, property manager etc. why wouldn’t you? More importantly, if your Children or your Children’s Children are passionate about something else and don’t want to be full time real estate investors they can hire professionals to manage the asset that funds your legacy.

New Home Design

What is the process for designing a new home? What are the steps in competing a new home design? The answers to these questions vary from job to job, but generally include some of the same elements. The first step in contemplating a new home design is to interview and select a design firm. There are many choices and many different prices to choose from when selecting a design team to complete your new home design. Ask about their experience, ask for references, ask if they have designed homes similar to what you are looking for. Also, ask exactly what you will receive for the fees you pay.

After you interview and select a design firm, the first step will be to lay out your site plan. This shows how your home or building will be situated on your lot/land. Then the designer will help you decide on your floor-plan. The floor plan includes the locations of all the rooms, garages, porches, patios and more along with notes and dimensions. Once your floor plans are complete, you will move to the elevations stage of the design. This is where an experienced design team will help you to decide exactly what you want your house or building to look like on the outside from all four sides. These elevations outline exterior material choices, such as brick, stone or stucco, architectural details, and generally showcase the exterior features of the home. These pages will show whether the style is French country, Mediterranean, traditional, Tuscan, Victorian, English or another architectural style.

Once floor plans and elevations have been completed, then it is time to finish the plan. A finished plan will include electrical details, a roof plan, in some cases a framing plan, and also where required, sections. Sections are cut-aways that show different areas of the home from different angles as if you are looking at a slice through of that area of the home. Finally you will receive several pages of general construction notes. These notation pages are to help guide your builder in many different areas of construction. These notation pages are critical and careful attention needs to be paid to these pages as they will help tremendously during the construction process. Services such as space planning, land planning, interior elevations, artistic renderings and much more are usually offered by experienced design firms. Think carefully before you choose your design firm, make sure they are capable of delivering what you expect in a new architectural design, and happy building!

by: Erich Wynn

07-01-2011