Maybe you’ve found the perfect neighborhood, but the best home for your budget is far from perfect. Renovation can be expensive, says Bob Johnson (aka BobMortgage), but don’t be afraid of taking out a renovation loan. Our most-trusted expert in lending, the senior mortgage adviser at the nation’s oldest private lender — Wallick & Volk — has all the information you need when considering an overhaul on your house.

Ready to make an investment that could change your life? Watch this week’s BobMortgage Zone after the jump!

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2 Skyline Drive Trophy Club is currently listed for $475,000.

Get out your pocketbooks folks, this one will go fast! Feast your eyes on this impeccably remodeled family home in idyllic Trophy Club, just listed for $475,000, by Mindy Niehaus of Century 21 Nathan Grace Fine Homes & Estates.

Here at CandysDirt.com, we love a good before and after, and this one does not disappoint! Niehaus, who happens to be the original buyer’s agent for the current owners, is helping them sell it now, and put us in touch with the sellers, Brittany and Kemp, to get the story behind the home’s magnificent makeover. Let’s start with a side-by-side comparison, shall we?

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Broken 7 SM

Replacing solid walls with glass separates while unifying

There’s a new design term percolating over from Europe called “broken concept.”  I think of it as open concept 2.0.

If the point of open concept is to remove all dividing walls to combine multiple rooms, Broken Concept is about achieving openness while retaining some separation. Think of it as a halfway point between individual rooms and complete open concept.

Some homeowners are realizing that open concept is OK when there are few people in a home but the more residents added, the more privacy decreases as intrusion increases.  There is a reason we all don’t live in wall-less communal studio spaces.  Maybe you’ve just had a spat and you need some physical separation to cool off. Or the more typical reader facing off against the sports fan.

But as we know, open concept does some things really well.  It’s great for entertaining groups.  It’s great for connecting the kitchen to the rest of the house.  It’s great for increasing light transmission.  It’s great for improving sight lines.  It’s great for making several poky rooms feel much larger and grander.

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dallas home remodeling

New fiberglass attic insulation got a 100.9% ROI in 2015, according to TAR. Photo: Ryan McFarland via Creative Commons

When it comes to home remodeling projects, homeowners are all about improving either a home’s curb appeal or energy efficiency. This is true in Dallas, the state, and the nation.

A new report from the Texas Association of Realtors released Friday, the Texas Remodel Valuation Report, looked at the profitability and popularity of home improvement projects in 2015 both nationally and locally.

Remodeling projects continue to be popular and profitable in Dallas. This is true even though profitability of most home remodeling projects in Dallas declined slightly in 2015, with ROI ranging between 51.5 percent and 108.6 percent.

Lots of people here buy a fixer upper and choose certain strategic projects to make it more livable and energy efficient. Others choose to complete a few projects before putting a home on the market to boost resale value.

Locally, the biggest bang for a homeowner’s remodeling buck came from manufactured stone veneer, a lower-cost alternative for siding, fireplaces, and other stone projects. In Dallas, people recouped on average 108.6 percent ($7,920) of the total project cost. It was also in the top five most profitable projects in all Texas markets with the exception of Houston, seeing a 157.9 percent ROI statewide.

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