Making the Most of StorageWhether buying or selling a home, storage becomes an issue. Buyers want ample storage areas -- indeed, it can be a make-or-break feature when buying a home. Sellers need it both for eliminating clutter from rooms while showing a home, and for containing their own personal items. Learning how to best utilize the storage will increase the functionality and presentation of your home.Once you've reduced the amount you would like to store - items have been sorted, unwanted and useless things have been discarded - presumably the remaining items needing storage are wanted, useful, and/or valuable in some way. Here are the steps that will ensure success: Assess: Storage Areas and Items to StoreWhat you have and where you will store it are both questions that are pertinent to the task at hand. Storage of dishes or books, clothing or car parts, may require different solutions. The only way to do this is to take a good look. Simply having a lot of space is only part of the puzzle; being able to access your belongings is equally important.Inventory the storage areas on your property to better understand "reality". Having an attic or basement does not mean that you have more storage if they are difficult to access, wet, unduly hot or cold, infested with mice or mold - so check these areas and really look at their condition. Similarly, cabinets and closets with particularly high shelving or excessively deep shelving provide wonderful storage for items that are not often in use. Don't overlook non-traditional storage - alcoves, and places where storage furniture or built-in furniture could exist. Your space might have a perfect place to put an armoire, bench seat with storage, or built-in bookshelves. Mantels and large porches, sheds and garages often have places where storage is possible. If these areas are exposed to view, containers should be attractive and appropriate to the spot. When assessing where to store each item, keep in mind that having items close to the location where they will ultimately be used is often essential to it having value. Items you cannot access might as well not be there. If you are keeping something, consider "charging it rent" - is it worth the space it takes up? If in your assessment of space and items to store you have far more items than space, then further reduction of possessions might be in order. An alternative is to "find more space" by creating more storage in the home or on the property possibly by building an addition, garage, or shed. Otherwise, if you have more stuff than fits in storage, you will either live with it in your way day-to-day, or have to rent storage space out of the home, which is expensive and inconvenient for accessing your items. Or perhaps you just need a bigger home! Prepare: The Space, the Items, and the SystemAfter you have assessed the storage space, it is time to remedy any issues found. Creating access, resolving moisture or pest infestation, heating or cooling issues, and cleaning an area can ensure that items stored there will retain their value and usefulness.Storage space that is climate controlled (not too hot or too cold), dry and easily accessible is the most valuable storage on your property. Renovations that add additional storage of this sort may increase your home's value. Any time that you consider removing storage, eliminating closets or shelving, consider the consequences carefully and determine if that storage will be available elsewhere. Storing items in containers that are strong, helps keep them in good repair. While storage containers might be expensive, storing your valuables poorly can result in loss or damage, which might be equally costly. Cardboard boxes are subject to moisture and are often difficult to move, and can result in content which is difficult to see and access. Shelving can provide an alternative to stacking boxes on the floor and make them easier to access. Moving one box to get to another is acceptable, but stacking too many boxes on top of each other can make retrieving items from lower boxes a daunting task. If you cannot get to your stored items, they can become a burden rather than a help. Using boxes or containers that are sized to the contents will ensure that each box does not get too heavy. Fragile items that are stored in large boxes can be broken more easily, and items with many pieces should be stored together. Ensure that shelving and containers work together, and that items of like kinds are stored near each other, in a place that makes sense. Labels are a wonderful way to cut down on searching for things, but be sure to update them when the contents shift. Achieve and Maintain: Principles of StoringNow that you understand what you have in the way of stuff and storage space, and you have prepared the items and the spaces and created a system, placing things is much easier. By this time, you probably understand what you have and whether it will be actively used.Generally there are levels of storage - long-term, seasonal, and active-use. Understand the nature of what you are storing. Items being held for future generations, which might not be accessed for years, belong in long-tem storage. If they are well-stored and secure, putting them in a far corner that is not very accessible might be fine. This is the time to consider attic and basement space, but only if the items are well-stored and the space is properly prepared. Similarly, decorations and house wares that are seasonal will get in the way if they are taking up prime space in the wrong place. Consider dedicating "seasonal storage" that can be rotated so that the next season's items are in the front, ready to be taken out when needed. Packing seasonal storage too tightly and not rotating it may render it useless, so this is one area where establishing a system can really pay off. Active storage is important to keep organized and not over-filled. Items should be easy to locate, retrieve and replace, and what you want should be where you want it; kitchen and food items in their proper spots, health and beauty items in a hygienic location, and cleaning and maintenance tools where they are likely to be used and serviceable. Items that are out of place breed clutter and chaos, so well ordered active storage is a key to a well-functioning home. Kitchen cabinets are typically sorted and items stored close to the stations where they will be used. Cabinets that are deeper might store items that are used rarely toward the back, and frequently used tools up front. Everyday plates and utensils should be easy to access and put away, while holiday dishes and party platters are better out of the way. Garage and sheds and even bathrooms and bedrooms follow similar rules. Enabling access to tools and materials while ensuring clear areas is a key to successfully living and working in a space. Items that you use a lot need a "home" - either in storage or in plain sight. Having items you love and places to keep them will ensure that cleanup is easy and your rooms look tidy. If you are storing something that you don't use or love, it is taking up valuable space. Every so often, go into the back of your cabinets and drawers to find items you no longer use or love - this is one of the quickest ways to gain storage space without spending money on shelves or storage systems. Similarly, if you are storing something to give to future generations, ask yourself if they will really want it or if they might be ready to receive the item now - then it doesn't spend years in storage and you gain space! Refine: Love What Works and Don't Let Trouble ContinueEvery so often, a homeowner will look up and find that they have a "trouble spot". When tools are hard to return to their storage areas, or holiday items linger in boxes by the door, it is usually a sign that the storage area is too difficult to access or the system of storage hinders use. The ability to return items to storage is as important as the ability to get to them easily - so you might need to refine your system to overcome any challenges you find.Annual inspections might reveal that there are items to purge, spaces to improve, or systems that need upgrading - but most of all, you stay in touch with your home and its real value to you. While you are at it, don't forget to appreciate what is working well. Storing stuff you love in a way that works makes your home a haven and a place that allows you to function at a high level. It's the best way to get value out of your home, and give you a new perspective on what you really have. After all, as a homeowner you want to be in touch with your most important asset! |
Showing posts with label Real estate advice. Show all posts
Showing posts with label Real estate advice. Show all posts
Wednesday, January 30, 2013
Making The Most Out Of Storage
*All information from http://reliancenetwork.com I do not own this content
Friday, December 28, 2012
Testing the Boundaries
Real Estate Advisor: January 2013 | ||
Testing the BoundariesOwnership of real property is a privilege that once belonged only to kings and nobility, and as masters of our own domain we each take our home and lands very seriously. It is no wonder that boundary disputes can provoke the nastiest of all sentiments between neighbors. Many of these disputes can be avoided, however, if both parties have a clear understanding of facts, proper documentation, and a willingness to come to fair agreements.Know your FactsBoundary issues can arise at any time - so one of the very best ways to avoid an issue around property lines is to know your facts. The time to do this is before signing a purchase agreement. When purchasing a home on land, there is no substitute for a thorough check on property lines, including a clear understanding of the deed of title, and land record, or "plat". If you are purchasing a condo, or a home in a community, study all the documentation you can about your unit, storage and ancillary areas that come with the unit, and common areas, rules around building or renovating fences, screens, or dividers.Learn about your rights and responsibilities around trees, landscaping, driveways and sidewalks, or any area where you might come into contact with your neighbors. If there is a view involved, understand any community or local view ordinances, and consider entering into an agreement with neighbors regarding your view, going so far as to purchase those rights. Offering cash to procure a written contract may seem excessive, but your rights will be protected and may be upheld in a court of law. Drawing the LineProperty lines should be clearly described in official records including a property title and land plat. Establishing where lines are up front will aid any interested party prior to clearing, building, or using land. Online resources make these records readily available in many areas, though finding markers on site may prove more of a challenge. When in doubt, hire a licensed surveyor to establish where the property line is actually located and mark the findings clearly.When you are conducting your search for issues on any property that you are considering buying, it is well worth your time to understand mineral and water rights, forest issues, rights of water and well and other covenants. Know if there are any easements on your property - "Right of way" enables property owners who would otherwise not be able to gain access to their land to do just that. Usually this is accomplished by negotiating an easement across another property. If there is a recorded easement on your property, it may be exercised at any time. In addition to your rights with regards to property lines, it is important to understand your responsibilities. Before building, clearing, or using property close to a boundary line, ensure that you have a thorough grasp of the building codes in your locality. Building over, on, or close to a property line may violate laws and incur costs that are avoidable. ViewsThe value of some property is greatly enhanced by its view. Views, however, can change if a neighbor plants or builds obstructions. Many areas have rules and regulations governing the obstruction of views, however it may be wise to enter into your own agreement with neighbors, even offering a cash incentive for ensuring your view is safe. Contracts are advisable, as they ensure that these rights are enforceable by a court of law, should the need arise.Mending FencesThe most common and often frustrating property line issues arise around the common fence. Whether designed to distinguish the property lines, provide privacy, or to contain livestock and other animals, fence owners invest a significant amount of money and time in construction and maintenance of these valuable assets. In some areas fences are owned and maintained cooperatively between neighbors, though other places one party owns and maintains the fence. Understand your rights and obligations regarding fences on your property lines. Unduly high fences or plantings designed to create barriers can present an eyesore, obstruct a view, or violate local ordinances. When this is the case, it may be deemed a "spite fence" and legal action might be considered, though it often takes time and money.The Trouble with TreesWhile many people cherish and value trees, like all living things they have a lifespan and needs that must be met. Large trees that overhang buildings, fences, or boundary lines pose a threat. Trees that lean across lines may present special situations that affect homes or fences, and there are often laws protecting each party's interests. While perfectly healthy trees can fall or break given specific circumstances, if neglect can be proved, a property owner might be liable for damages. Understanding your responsibilities around pruning and maintaining trees on your property is key.Insurance companies may get involved when damage is incurred by falling trees or tree limbs, though if negligence can be proven your insurance rates might be affected. Knowing the health of trees on your property, and taking measures to ensure that they don't damage your neighbor's home or property, is the landowners' responsibility. Felling large trees is a difficult endeavor and should be undertaken only by qualified individuals who are bonded, licensed and insured. Speaking with your neighbor prior to the work may reduce concerns, but also evoke some unwanted emotion. Trees that have been established for many years might be missed by some, while others might be relieved with the removal of a diseased tree or welcome the additional natural light. Tree work that may pose any risk to your neighbor's property should be discussed prior to engaging in the work. Avoiding EncroachmentThe term "encroachment" refers to a piece of real property that hangs over the boundary of another landowner's property. Trees or bushes are naturally occurring, while buildings or structural encroachments may be accidental or intentional. Generally, there are laws and precedents in place that are designed to aid parties in sorting out disputes. If you don't know or understand the laws, a real estate lawyer can provide assistance.Buildings that are already in existence, but that have been built on another person's property present a special problem. When possible, both property owners should work together to design a property line adjustment that is equitable to both parties. While there is a temptation to resolve the issue through the court system, legal battles can be expensive, and the relationship between the land owners is often stressed to the breaking point. While there are plenty of instances of having to raze, move, or alter a structure due to judgments against the owner who is violating the property line, there are also many neighbors who have found equitable ways of resolving the issues through a land-swap or cash agreement. Encroachment is a serious issue, and consulting with a real estate lawyer is highly advised. In the Event of Emergency - Know the Emotional ClimateWhatever you do, avoid making decisions or confronting a neighbor when emotions are high or facts are in question. This may be difficult when highly paid contractors are on site to cut trees, dig trenches or construct fences or buildings, but ensuring that the issue is dealt with up front might avoid costly reparations on in the future, or months mired in legal proceedings should one party take the other to court.There is a well-known saying that dictates, "Fences make the best neighbors." While it might sound cleaver, the truth is that Good Neighbors make the best neighbors. When there is an issue around boundaries, nothing drives the point more to home. Increasingly, neighbors might not know one another. Privacy and busy lives sometimes create the feeling of neighbors being more like two ships passing at night, trying to avoid one another. However, when you know your neighbors, it helps you to understand their relationship to their boundaries. Generally, when there is an issue between two parties that know each other, it is easier to resolve. When purchasing property you can't choose your neighbors, but you can ask good questions about them, and you can ask questions about the property lines and fences. If you are in a dispute over property lines, rights of way and other boundary issues -- be a good neighbor and treat your neighbors as you would want to be treated. If you are in a community or condo, there may be a group designed to help work through issues like yours. Mediation may be a way to avoid costly litigation, and may aid you in finding ways to adjust the property lines so that there is equity. Finally, once an issue has been resolved, ensure that all property lines and agreements are clearly and legally recorded and marked so that everyone is clear from then on. |
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