Home Remodeling Project. Presented by: Amit Chauhan

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TCMG 505/MGMT532 Fall 2009 Home Remodeling Project Presented by: Amit Chauhan

Ground Work! Question? The cost to renovate the existing home will you get a good return on your remodeling investment (ROI)? Answer: 1) Type and Cost of Renovation 2) Market Valuation, and 3) Home Comparison 1

Where to Begin/Checklist Kitchens Interior Rooms Dining Room Living Room Foyer/Home Entry Home Theater Master Bedroom Specialty Items Custom Cabinets New Construction 2

DESIGN CONSIDERATIONS Residential Requirements: 1. License: Contractors must be licensed by the City of Shelton. Additionally, if the contract amount is $10,000.00 or more, they must be licensed with the State of Connecticut. 2. Permit: Permit is required for additions and accessory structures. 3. Accessory Structures: This includes but is not limited to; detached garages; carports; storage building; green houses; and gazebos. 3

DEMOLITION PERMIT REQUIREMENTS 1. Health Clearance from Fairfield County Health Department. 2. Water Works Board Clearance 3. $200 Bond with City of Shelton Fin. Dept. for all residential type demolitions. 4. Demolition permit (Residential: $25, Accessory buildings: $5) issued to licensed contractor or to the owner from the Inspections Department. 5. Demolition completed within 90 calendar days from the date of the permit. 4

DESIGN IDEAS: Kitchen Before After 5

DESIGN IDEAS: Bathroom Before After 6

Before DESIGN IDEAS: Fireplace After Before Home Theater After 7

DESIGN IDEAS: Second Storey Addition Before After 8

DESIGN IDEAS: Second Storey Addition Before After 9

OBJECTIVE: Specific Goal: 1. Remodel and repair the housing unit located at 73 Basking Brook Lane, Shelton, CT 06484. 2. Remodel and repair must combine all the amenities of a modern house but keep in style with the original house. General Goal: 1. Make the house more energy efficient by focusing on implementing green practices, a huge step towards environmental responsibility. 10

SCOPE: The Contractor shall provide all materials, labor and equipment necessary to clean, repair and provide a complete and usable home ready to occupy in accordance with the minimum standards as set forth in this scope of work. 1. Kitchens: Functional cooking; family living spaces. 2. Remodels & New Construction: Single and second story additions 3. Bathrooms: Custom master bathroom suite; oversize soaking tub; separate showers; multiple shower heads; unique vessel sinks. 4. Specialty Items & Custom Cabinets: Custom home theater; fireplace; unique wine cellar; finishing touches and custom designs. 11

PROJECT JUSTIFICATION: Last repaired in August 2000. Needs to be remodeled for: 1. Wear and damage. 2. Energy efficiency 3. Enhanced property value. 4. Additional space. 5. Save from further deterioration. 6. Integrity and longevity. 12

PROJECT ASSUMPTIONS: 1. Uses high quality construction materials with life span > 50 yrs. 2. Meets the construction, fire codes and safety standards. 3. Future market demands. 4. Increases property value. 5. Ready to rent or sell. 13

GREEN THINKING: REUSE OF STRUCTURES & MATERIAL Reuse of buildings and construction material can have a major beneficial impact on lowering construction costs and enhancing sustainability of our built environment. Windows, floor coverings, partition walls, mechanical systems, and plumbing can be replaced and insulation added while maintaining the original concrete frame and exterior walls. 14

ESTIMATED PROJECT COSTS Renovation $ 79.500.00 Expansion $ 45,500.00 Equipment and Furnishing $ 40,000.00 Total $ 165,000.00 15

PROJECT FINANCING Bank Loan $ 120,000.00 Savings Account $ 50,000.00 Total $ 170,000.00 16

WORK BREAKDOWN STRUCTURE 17

PROJECT SCHEDULE Activity List Duration Single Storey 30 Days Second Storey 20 Days Kitchen Remodeling 14 Days Bathroom Remodeling 21 Days Custom Cabinets 9 Days Final Touch Up 5 Days Total 99 Days Activities Duration Single Storey - Foundation 10 Single Storey - Build Walls 5 Single Storey - Roofing 5 Single Storey - Electrical Wiring 2 Single Storey - Flooring 3 Single Storey - Painting 3 Single Storey - Clean Up 2 Sub Total 30 Second Storey - Build Walls 5 Second Storey - Roofing 5 Second Storey - Electrical Wiring 2 Second Storey - Flooring 3 Second Storey - Painting 3 Second Storey - Clean Up 2 Sub Total 20 Install Cooking Range 2 Install Family Living Space 5 Install Self Closing Drawers 2 Install Pullout Spice Drawers 2 Install Cookie Sheet Cabinets 3 Sub Total 14 Demolish Existing Bathroom 2 Clean Up Bathroom 1 Install Oversized Soaking Tub 2 Install Multiple Shower Heads 1 Install Body Spray System 1 Install Double Vanities 1 Install Unique Vessel Sink 1 Bathroom Flooring 5 Bathroom Electrical Wiring 3 Bathroom Painting 2 Clean Up Activities 2 Sub Total 21 Install Cabinets for Home Theater 2 Install Cabinets for Wine storage 2 Install Fire Place 1 Install Specialty Lighting in cabinets 2 Clean Up Activities 2 Sub Total 9 Final Touch Up 5 Estimated Total Duration 99 18

NETWORK DIAGRAM 19

PROJECT PLAN Start Date: Tue 11/3/09 Finish Date: Thu 1/21/10 20

PROJECT INSPECTION / PAYMENT Once completed, the remodeling construction will need to be thoroughly inspected by an independent inspector prior to making any payments. 21

QUEST?ONS 22

THANK YOU! 23