4.) Garage Addition: This is another project that should be tackled only under the awareness that the average regain will average just above 62%. The average cost of such a project will amount to more than $58,000. Garage additions are labor intensive – They involve slab work, roofing, new siding, paint, doors, etc. Erecting a garage addition only differs from new home building in that it does not require insulated walls for HVAC purposes. Essentially, the garage addition process is no different than the building process of assembling a miniature house.

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Your first home is likely to be one of the most erratic learning experiences of your life.  You will probably learn about things that you previously had no interest in learning whatsoever, and you will spend far more money than you ever intended to spend from the get-go.  But the flip-side of this is that you will feel an immense sense of pride for every task that you complete, every wall that you paint, every toilet that you un-clog, and every mortgage payment that you make (well, that last one doesn’t always induce pride so much as stress, fear and panic – but you get the point).

Let me list a few tips for the Homeowner Newbie.  I know you’ve got a lot to take in, but take a glance:

1. Wires: Before you go fiddling around with anything electric, check-in with a qualified electrician (not just your buddy, Hank, who happens to be an expert at hooking up stereo systems).  Have them make certain that you have enough wattage to complete your project and that your wiring is up to building code standards.
2. Appliances: Don’t make the same mistake I made in my first home. Plan your new appliances and high voltage outlets accordingly.  Do not purchase a refrigerator that is too big for the far- end of the room, but is only capable of plugging into that far-end of the room.  And if you do decide to do that, be prepared to hire that electrician guy again for yet another job.
3. Home Safety: Make a checklist of all home safety devices, and assure that your home is up to par on all of them.  You should already know these things, but I will remind you, nonetheless.  You need smoke alarms (with batteries), carbon monoxide detectors, burglary alarms and/or a large/scary animal.
4. Windows: Check the caulk job on your windows.  Proper caulking around your windows will help to prevent water damage.  This will also help to keep unnecessary energy from exiting the home.
5. Fireplace: Older homes have nice, old fireplaces. Nice, old fireplaces have a tendency to be extremely non-energy efficient.  Consider upgrading its efficiency by installing an air circulation device or a pellet stove.  You might even consider getting a stone for your fireplace that will radiate heat, making it more efficient.

Name that movie:

Tom Hanks is first-time home buyer in 1986 ____________.

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