Time To Keep It Simple serves as a record of my life as a traveler, writer, genealogist, photographer, target sports enthusiast, Rotarian, Mason, Jew, PR professional, and many other (mostly positive) things. In addition to this daily blog I am also the man behind the curtain (not named Oz) at gettingyourphil.blogspot.com and I previously blogged at fromgoytooleh.blogspot.com.
Monday, March 7, 2016
Mortgage Monday: Four Categories
I might have to call these guys!
there is nothing wrong with our home there is always a list running in my head
about different projects that we will be undertaking in the near future. Mind
you, not everything falls into the project category but the list is definitely
growing. Simply put, when looking around the house, there are generally four categories
that everything falls into:
basic structure, kitchen, landscaping, and many other things fall into the
first category. There really is nothing wrong with any of them. Nothing came up
during the inspections and nothing has manifested since then. We like the
layout of the house and so far it has been working for us. In fact, many of
these aspects, especially the kitchen, are better than we were hoping to find
when we first started our search so there aren’t any projects to speak of for
these and many other things.
second category comprises many of the things that most homeowners opt to
replace, upgrade, or eliminate all together soon after buying their home which
includes paint / wall coverings, flooring, kitchen and bathroom hardware, and
other things that are more about personal taste than functionality. Not
everything is optional as we also need to increase insulation in some areas,
reseal the basement, clean up some minor electrical, cap the chimneys, repoint
some of the masonry, and replace the retaining wall along the driveway. Of
course, there are also things that we chose to replace as the current systems,
appliances, etc. still work but are past their prime. For us this includes the
washer/dryer, refrigerator, garage doors and openers, and AC unit. They all
still work but it might be best to replace them now and avoid the immediacy of
having to replace them quickly when they stop working.
third category is something that we have been thinking about a lot lately, especially
during the really cold nights, and we are considering overhauling the whole
heating system for the house. Right now the boiler that supplies the baseboard
heat his rather loud and, given how much we are spending on oil, not very
efficient. Note that the same boiler is on year round as it also provides our
we are already looking at replacing the 10+ year old and undersized AC unit so
we might as well get everything done at the same time and put a full HVAC
system in. This would also allow us to pull out all the baseboard heating which
are son is a little too fascinated with and which limits the wall space in our
home. Of course, if we pull all of them out we might as well replace flooring and
redo the walls at the same time as we don’t want to have to patch everything
and then work on it later. Lastly, we are not going to keep the boiler just to
supply the hot water so we will have to install a new instant hot water system
while we are at it. As you can see, this third category tends to trickle down.
the fourth category is really about the things that we want but don’t need. A
front porch would be nice to have (and a walk way across the front of the
house) as would converting the fireplace to gas. We would also like to finish
off one of the rooms and possibly the basement at some point in the future.
However, we have plenty of space now so I don’t really see that happening any
time soon. Again, this category is basically the splurge column. None of these
things are needed but they would be nice to have an undoubtedly enjoyed.
is the basic rundown that we have been going through recently as we continue to
adjust to our new life in our new home. Some are items that we should check off
our list this spring or summer while other projects can be held off for future
years as we have the time, patience, and finances to tackle each of them. Again,
we are already starting with a great home but this is the natural progression
of things… every home owner goes through the same thing even those that build
their ‘perfect’ dream home. And, sadly, I know that these lists will never
disappear they will simply morph over the years to include other items and