MyHome LLC Home Improvement (NY) Tips: Remodeling in NYC During A Recession

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NY full service remodeling firm offers tips for renovating your home during a recession.

As the housing, banking and credit crises show no signs of reversing themselves and we seem headed for a recession, more and more homeowners in the New Jersey and New York area are choosing to remodel their current homes rather than lose money trying to sell in such a stagnant market. Some are even trying to save money by doing renovations themselves only to find "doing-it-yourself" can mean more headache than cost savings.

"A lot of people look at small jobs like painting and don't immediately see the value in hiring a contractor," notes Mayan Metzler, owner of MyHome, LLC a full-service remodeling firm in the tri-state area. "But even small jobs can quickly become disastrous if you don't know what you're doing."

This is particularly true in New York City, where many people rent or own apartments in older, pre-war buildings. A simple painting job becomes infinitely more complicated in such buildings because some contain lead paint that wasn't removed correctly or the homeowner inherits years of poorly executed renovation projects.

Even those who are well versed in the potential snafus of renovating pre-war buildings run into problems, though. Metzler's partner, Yoel Piotraut, observes that many homeowners start a project only to become overwhelmed. "We get called in to a lot of half completed projects that a property owner started then either got too busy to finish or ran into problems he or she didn't know how to handle."

Renovation projects are time consuming: from planning to ordering supplies to execution, each step requires care and attention most homeowners who have families and work full time simply don't have. Hiring a contractor can be equally problematic for some, however. Between hiring a designer to ordering supplies to interviewing then managing a contractor, many homeowners are justifiably frustrated with the process.

"A lot of people in Manhattan just don't have the time to do a project themselves, let alone supervise a multi-contractor job," says Metzler. "That's why the full service remodeling model really makes sense for so many."

By hiring a full service remodeling firm, homeowners save money and time by having one company design the project, order materials, and manage all contractors. The homeowner then has only one contact person--a Project Manager--that they have to deal with and don't have to worry about botching a job or wasting thousands of dollars.

"Most people are renovating their homes now in the hopes that once the economy swings back up again and they want to sell, their home's value will be comparable to what they paid for it--if not better," Piotraut says. "Unfortunately, a poorly executed remodeling job is only likely to lower your home's resale value."

MyHome is a full-service home improvement provider focused on client relations. A corporate leader in delivering world-class service for the past ten years, MyHome specializes in designing, managing, building, and coordinating every part of your sustainable building project. With recent media coverage from Forbes.com to NBC's "The Today Show" MyHome's development projects are getting noticed nationwide. For more information please visit to http://www.myhomeus.com.

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