Your Dream Alpharetta Home Remodel:

Understanding Your Alpharetta Home Remodeling Project

Defining Your Vision and Goals

Before starting your Alpharetta home remodel, clarify your vision. What feeling do you want your home to evoke? Do you envision a modern, minimalist aesthetic, or a cozy, traditional style? Consider your family’s needs and lifestyle. Do you need a larger kitchen for entertaining? A home office for remote work? A dedicated play area for children? These questions will guide your design choices and help prioritize your budget. Remember, this is *your* project. Your vision should be the driving force behind every decision.

Next, define realistic goals and a budget. Alpharetta’s housing market is competitive, so understanding the potential return on investment (ROI) for your remodel is crucial. Research average costs for similar projects in your neighborhood. Consult with multiple contractors for accurate estimates. “Failing to plan is planning to fail,” so create a detailed budget that accounts for all aspects, from materials and labor to permits and unexpected expenses. Prioritizing projects is vital. Focus on the most impactful renovations for your lifestyle and budget.

Finally, create a visual mood board. Gather images of kitchens, bathrooms, and other spaces that inspire you. This helps you communicate your vision to your contractors and designers. Websites like Houzz and Pinterest are excellent resources for finding design inspiration specific to Alpharetta’s architectural styles. “A well-defined vision, paired with a realistic budget and clear goals, sets the stage for a successful Alpharetta home remodel.” This ensures a smoother process and a final product you truly love.

Assessing Your Budget and Timeline

Before starting your Alpharetta home remodel, a realistic budget is crucial. Many homeowners underestimate costs. Unexpected expenses often arise during demolition or unforeseen structural issues. Therefore, it’s wise to inflate your initial estimate by 10-20%, acting as a buffer against these potential problems. Consider consulting with multiple contractors to get a range of bids and compare their detailed breakdowns. This process helps you understand the cost of labor and materials specific to your project. Remember, obtaining financing pre-approval can significantly streamline the process and provide clarity.

Next, establish a clear timeline. Alpharetta remodeling projects vary greatly in complexity and duration. A simple kitchen update might take weeks, while a full home renovation can extend over several months. Coordinate with your contractor to create a detailed schedule. This should include milestones, deadlines, and potential delays. “Open communication with your contractor is key to staying on schedule and within budget.” Factor in potential permit acquisition time, which can add unexpected delays. Be prepared to be flexible, as unforeseen circumstances can impact your timeline.

Finally, integrate your budget and timeline. This is essential for successful Alpharetta home remodeling. A detailed spreadsheet or project management software can help. This will allow you to track expenses against your budget, and progress against your timeline. “Regularly reviewing both ensures you stay on track and avoid costly surprises.” Don’t hesitate to seek professional advice from financial planners or project managers experienced in Alpharetta home renovations. They can provide invaluable insights and guidance, ensuring a smooth and successful remodel.

Finding the Right Professionals

Finding the right contractor for your Alpharetta home remodel is crucial for a successful project. Don’t rely solely on online reviews; thorough vetting is essential. Check licensing and insurance – this protects you from potential liabilities. Request references and contact previous clients to inquire about their experiences. Ask detailed questions about project management, timelines, and communication styles.

Look for contractors specializing in the type of Alpharetta home remodel you envision. A kitchen remodel requires different expertise than a bathroom renovation or a whole-house addition. Consider their portfolio, paying close attention to the quality of workmanship and attention to detail. “A strong portfolio showcasing similar projects in Alpharetta is a significant indicator of their capabilities and understanding of local building codes.” Also, confirm their familiarity with Alpharetta’s specific building permits and regulations.

Finally, get everything in writing. A clear contract outlining the scope of work, payment schedule, timeline, and dispute resolution process is non-negotiable. Avoid vague language or ambiguous terms. “A well-defined contract protects both you and the contractor, preventing misunderstandings and potential conflicts down the line.” This protects your investment and ensures a smooth Alpharetta home remodeling experience.

Finding and Vetting Alpharetta Home Remodelers

Using DreamDen to Find Qualified Contractors

DreamDen offers a streamlined way to find qualified Alpharetta home remodelers. Its platform connects homeowners with pre-vetted contractors, significantly reducing the time and effort involved in the initial search. This saves you from sifting through countless online profiles and unreliable reviews, focusing your energy on the actual design and execution of your project.

Utilizing DreamDen involves a simple process. You provide details about your Alpharetta home remodel project, including your budget and desired timeline. The platform then presents you with a selection of contractors who match your criteria. Each contractor profile showcases their experience, licensing, insurance, and customer reviews, allowing for informed decision-making. This transparency ensures you choose a reliable and reputable professional.

“Choosing a contractor through DreamDen minimizes the risks associated with hiring unqualified individuals,” allowing you to focus on the exciting aspects of your Alpharetta home remodel. DreamDen’s rigorous vetting process includes verifying licenses and insurance, reviewing past projects, and checking customer feedback. This robust approach helps ensure your project runs smoothly and meets the highest standards of quality and professionalism. It’s a crucial step in transforming your Alpharetta home into your dream space.

Checking Licenses and Insurance

Licensing and insurance are crucial aspects of vetting Alpharetta home remodelers. Always verify that a contractor holds a valid and current Georgia contractor’s license. You can easily check this through the Georgia Secretary of State’s website. This step protects you from unlicensed operators who may lack the necessary skills or fail to adhere to building codes. Confirm the license number matches the contractor’s provided information.

Beyond licensing, general liability insurance and workers’ compensation insurance are non-negotiable. General liability protects you from financial losses if someone is injured on your property during the remodel. Workers’ compensation ensures that your contractor covers medical expenses for any employee injuries sustained on the job. “Failing to verify insurance could leave you personally liable for accidents or damages.” Request proof of current policies; don’t simply rely on verbal confirmation. Consider asking for the policy numbers and confirming directly with the insurance provider, if you deem it necessary.

Remember that these are minimum requirements. You might also inquire about additional insurance coverages, such as surety bonds, offering added protection against potential financial risks. Consider the size and scope of your Alpharetta home remodel project when assessing the adequacy of insurance coverage. A larger project will likely necessitate higher coverage limits. Don’t hesitate to ask questions; a reputable contractor will gladly address your concerns and provide the necessary documentation. This diligence helps ensure a smooth and worry-free home remodeling experience in Alpharetta.

Reviewing Contractor Portfolios and References

Scrutinizing a contractor’s portfolio is crucial. Look for high-quality photos showcasing completed projects similar to your Alpharetta home remodel vision. Pay close attention to detail; are finishes consistent? Does the work appear meticulous? A well-curated portfolio demonstrates professionalism and attention to detail, essential qualities in any Alpharetta home remodeler. Don’t hesitate to ask for additional examples or to visit completed projects in person if possible. This firsthand look provides invaluable insight into the contractor’s workmanship.

Next, thoroughly vet their references. Don’t just rely on the contractor’s provided list. Ask for at least three to five references, and contact them directly. Inquire about their experience working with the contractor. Ask specific questions regarding timelines, budget adherence, and the overall quality of the completed Alpharetta home remodeling project. “Thorough communication and responsiveness to concerns are key indicators of a reliable contractor.” Remember to ask about any unexpected issues and how they were handled—this reveals the contractor’s problem-solving skills.

Finally, online reviews can offer additional perspectives. Check sites like Yelp, Angie’s List, and Google My Business for reviews. Look beyond the star rating. Read the actual comments to understand the client experience. Pay attention to recurring themes. Do multiple reviews mention issues with communication or budget overruns? “Negative reviews, even a few, can highlight potential red flags that warrant further investigation.” Remember to consider the volume and recency of reviews when assessing their reliability. A consistent pattern of positive feedback, however, boosts your confidence in the Alpharetta home remodeler’s abilities.

Alpharetta-Specific Design Considerations

Incorporating Local Architectural Styles

Alpharetta boasts a blend of architectural styles, offering homeowners a rich palette for their remodeling projects. Consider the prevalent Craftsman style, with its low-pitched roofs, exposed beams, and natural materials. Many older homes in Alpharetta showcase this aesthetic, and incorporating Craftsman elements into a remodel can enhance both the home’s value and its connection to the area’s history. Think of adding charming porch details or replacing windows with those that reflect the style’s characteristic simplicity.

For a more modern take, elements of contemporary design can beautifully complement Alpharetta’s more established neighborhoods. Clean lines, large windows, and open floor plans are hallmarks of this style. However, it’s crucial to ensure any contemporary additions are thoughtfully integrated with existing architectural features to avoid a jarring contrast. “Successfully blending old and new is key to a harmonious and successful remodel in a community like Alpharetta.” This could involve using similar materials or color palettes to tie the old and new structures together seamlessly.

Remember to consult with a local architect experienced in Alpharetta’s building codes and architectural heritage. They can advise on the best ways to incorporate specific design elements while navigating local regulations and preserving your home’s character. “Working with a professional ensures your remodel not only looks stunning but also complies with all necessary permits and regulations.” They can provide valuable insights into how to authentically integrate local styles, resulting in a finished product that is both beautiful and historically respectful.

Understanding Alpharetta Building Codes

Before starting your Alpharetta home remodel, understanding local building codes is crucial. Ignoring these regulations can lead to costly delays, fines, and even project shutdowns. The City of Alpharetta’s website provides comprehensive code information, including downloadable PDFs and helpful FAQs. Familiarize yourself with these resources early in the planning process. “This proactive approach will save you significant time and stress down the line.”

Specific considerations include zoning regulations, which dictate allowable building heights, setbacks, and lot coverage. For example, you might find limitations on additions based on your property’s zoning classification. You’ll also need to comply with energy efficiency standards, such as those related to insulation and window installation. These codes are designed to promote sustainability and reduce energy consumption. Always check for recent updates; codes change.

Furthermore, ensure your contractor is fully licensed and insured to work within Alpharetta’s building codes. Request proof of licensing and insurance before commencing any work. “A reputable contractor will readily provide this documentation and understand the intricacies of Alpharetta’s specific building requirements.” Failing to verify these details could expose you to legal and financial risks. Remember to obtain the necessary permits; this is a non-negotiable step in any Alpharetta home improvement project.

Materials Sourcing and Sustainability

Alpharetta’s thriving local economy offers access to a diverse range of building materials suppliers. This allows for both customization and efficient sourcing during your remodel. Consider exploring local lumber yards and specialty stores for unique options, supporting local businesses while potentially finding sustainable alternatives.

Sustainability is increasingly important in Alpharetta home renovations. Many suppliers now offer eco-friendly materials such as reclaimed wood, bamboo flooring, and recycled-content countertops. “Choosing sustainable materials reduces your carbon footprint and enhances the long-term value of your property,” making it a smart and responsible choice.

Remember to inquire about the environmental certifications of your chosen materials. Look for certifications like FSC (Forest Stewardship Council) for wood products or certifications verifying recycled content percentages. This transparency ensures that your commitment to sustainable Alpharetta home remodeling is authentic and verifiable. Working with a contractor experienced in sustainable building practices further strengthens your commitment.

Navigating the Permitting and Legal Processes in Alpharetta

Obtaining Necessary Permits

Before starting your Alpharetta home remodel, securing the necessary permits is crucial. This prevents costly delays and potential legal issues down the line. The City of Alpharetta’s website provides a comprehensive list of required permits based on the scope of your project. You’ll need to carefully review these requirements and ensure you’re applying for all the relevant documentation. Failing to obtain the correct permits can result in hefty fines and even work stoppages.

The application process itself usually involves submitting detailed plans and specifications. These plans should be professionally drawn and clearly show all aspects of your remodel. Accurate measurements and material specifications are essential. You may need to schedule a pre-submission meeting with the city’s building department to discuss your plans and address any potential concerns beforehand. This proactive approach can streamline the entire permitting process. Remember to keep copies of all submitted documents for your records.

“Obtaining permits might seem daunting, but it’s a vital step for a successful Alpharetta home remodel.” The Alpharetta Building Department staff are generally helpful and can guide you through the process. Be prepared to answer questions about your project and provide clarification where needed. Contacting them directly for clarification is always a good idea if you are unsure about any aspect of the application. Timely submission and clear communication will significantly improve your chances of a smooth and efficient approval process. Expect processing times to vary depending on the complexity of the remodel.

Understanding HOA Regulations

Before you even think about demolition, thoroughly understand your Alpharetta Homeowners Association (HOA) regulations. Many Alpharetta communities have strict guidelines covering everything from paint colors to landscaping choices. Ignoring these rules can lead to costly fines and delays in your project. Review your HOA’s governing documents carefully, or seek legal counsel if needed, to ensure your remodel plans comply.

Your HOA likely has architectural review committees. These committees assess proposed changes to ensure they maintain the community’s aesthetic standards. Submit detailed plans well in advance of your intended start date. This includes blueprints, material specifications, and renderings of the finished project. Promptly addressing any questions or concerns from the committee will significantly speed up the approval process. Remember, “failure to obtain necessary approvals can result in project shutdowns and legal repercussions.”

Proactive communication is key. Attend HOA meetings, if possible, to stay updated on any changes to regulations. Building a positive relationship with your HOA can make the entire remodeling process smoother. Don’t hesitate to ask questions; clarifying any doubts upfront prevents misunderstandings later. Obtain written confirmation of approvals before beginning any significant work. This protects you and avoids potential disputes down the line. “A well-prepared submission, and open communication, will significantly increase your chances of a swift and positive outcome.”

Navigating Local Building Codes

Understanding Alpharetta’s building codes is crucial for a smooth home remodel. These codes ensure safety, structural integrity, and compliance with city ordinances. Failing to adhere to these regulations can lead to project delays, costly fines, and even the necessity of demolition and rebuilding. Familiarize yourself with the specific requirements for your project before commencing any work. The City of Alpharetta website provides comprehensive information, including downloadable code manuals.

The Alpharetta building codes cover a wide range of aspects, from electrical and plumbing installations to energy efficiency standards and accessibility requirements for people with disabilities. For example, specific requirements exist for insulation levels, window placement, and the type of materials allowed in certain applications. Ignoring these regulations can result in significant problems, delaying your project or even necessitating costly changes after inspections. Consult with a qualified contractor experienced with Alpharetta’s codes. Their expertise will help avoid potential pitfalls.

“Always obtain the necessary permits before starting your Alpharetta home remodel, and schedule inspections at the designated stages of the project,” ensuring compliance throughout the construction process. This proactive approach not only avoids potential legal issues but significantly reduces the likelihood of costly rework. Consider hiring a professional plan reviewer to ensure your plans fully meet all applicable codes before submitting them to the city. This step can save you time and money in the long run, guaranteeing a stress-free renovation experience within Alpharetta’s legal framework.

Budgeting and Financing Your Alpharetta Remodel

Creating a Detailed Budget

Accurate budgeting is crucial for a successful Alpharetta home remodel. Start by creating a detailed list of all planned improvements. Include everything from materials and labor to permits and unexpected costs. Remember to research current Alpharetta pricing for materials and labor to ensure your budget reflects local market realities. Consider using online budgeting tools or consulting with a local contractor for a more precise estimate.

Next, categorize your expenses. This allows for clearer tracking and helps you prioritize.

Common categories include demolition, framing, electrical work, plumbing, flooring, cabinetry, painting, and fixtures. Allocate a percentage for contingency – unexpected issues inevitably arise. A 10-15% contingency is standard, but consider higher percentages for larger, more complex Alpharetta home remodels. “Failing to adequately account for unforeseen issues can derail even the best-planned project.”

Finally, break down your budget into smaller, manageable chunks. This phased approach makes tracking progress easier. This also allows you to adjust the timeline based on available funds. For example, you could prioritize essential upgrades like kitchen renovations or bathroom updates in phase one. You could then allocate remaining funds to less critical areas such as landscaping in subsequent phases. Regularly review and revise your budget to stay on track. “Regular checks prevent costly overruns and ensure your dream Alpharetta home remodel stays within your financial limits.”

Securing Financing Options

Securing the necessary funds for your Alpharetta home remodel is a crucial first step. Several financing options exist, each with its own advantages and disadvantages. Consider your project’s scope and your personal financial situation when making your decision. A home equity loan or a home equity line of credit (HELOC) might be suitable if you have significant equity in your Alpharetta property. These options utilize your home’s value as collateral. Remember to carefully review the terms and interest rates before committing.

Another popular choice is a personal loan, offering flexibility but potentially higher interest rates than secured options. Banks and credit unions often provide these loans, and online lenders are also readily available. Compare interest rates and repayment terms from multiple lenders to find the best fit for your Alpharetta home improvement project. “Pre-qualification is highly recommended to understand your borrowing power before actively pursuing remodel quotes.” This prevents wasted time on projects beyond your budget.

Finally, cash or savings are ideal for smaller remodeling projects. Paying in full eliminates interest payments and offers greater control over your budget. However, for larger, more extensive Alpharetta home renovations, a combination of financing options might be necessary. Consult with a financial advisor to develop a comprehensive plan tailored to your specific needs and circumstances. They can help you navigate the complexities of home improvement financing and ensure you select the most appropriate method for your Alpharetta dream remodel.

Managing Unexpected Costs

Unforeseen expenses are a common reality in home remodeling, especially in a competitive market like Alpharetta. Setting aside a contingency fund is crucial. Aim for 10-20% of your total budget to cover these potential surprises. This isn’t just smart; it’s essential for avoiding project delays and financial strain. Remember, the more complex your remodel, the larger your contingency should be.

Unexpected costs can stem from various sources. Discovering hidden structural damage during demolition is a frequent culprit. Unexpected material price increases, common in today’s fluctuating market, can also significantly impact your bottom line. Permitting delays and unforeseen complications with subcontractors can add extra time and expense. “Proactively addressing these possibilities through thorough planning and communication with your contractor is paramount.”

To mitigate these risks, obtain multiple detailed quotes from reputable Alpharetta contractors. Compare not just the base price but also the level of detail in their proposals. Look for contractors who clearly outline potential unforeseen issues and their proposed solutions. Regular communication with your contractor throughout the project is key to catching potential problems early. “Early detection significantly reduces the potential for escalating costs.” Transparency and proactive planning are your best defenses against unexpected expenses in your Alpharetta home remodel.

The Remodeling Process: From Start to Finish

Detailed Project Planning and Scheduling

Thorough planning prevents costly mistakes and delays in your Alpharetta home remodel. Begin by clearly defining your project scope. This includes identifying specific areas for renovation, choosing materials, and outlining desired finishes. Consider creating a detailed mood board to visualize your vision. Remember to account for potential unforeseen issues, such as discovering outdated wiring or plumbing during demolition. This proactive approach will save time and money in the long run. Accurate budgeting is crucial; consult with multiple contractors for competitive bids.

Next, establish a realistic timeline. This involves breaking the project into manageable phases. For example, you might prioritize demolition and foundation work before focusing on interior finishes. Schedule each phase with specific start and end dates, factoring in potential lead times for materials and contractor availability. Utilize project management software or even a simple spreadsheet to track progress. “Consistent communication with your contractor is essential throughout the entire process.” Regular meetings will ensure everyone stays on the same page.

Finally, obtain all necessary permits and approvals from the city of Alpharetta. This step is often overlooked but is vital for legal compliance. Delays in obtaining permits can significantly impact your schedule. Research Alpharetta’s building codes and regulations beforehand. You can find this information on the city’s website. Partnering with an experienced contractor familiar with local regulations can streamline this process. Careful planning and proactive communication are key to a successful Alpharetta home remodel.

Communication and Collaboration

Effective communication is the cornerstone of any successful Alpharetta home remodel. From the initial consultation to the final walkthrough, open and honest dialogue with your contractor is paramount. Regular meetings, detailed plans, and prompt responses to questions will prevent misunderstandings and delays. Remember to utilize various communication methods, such as email for formal updates and phone calls for quick clarifications. This proactive approach minimizes potential conflicts and fosters a positive working relationship.

Collaboration extends beyond the contractor-client relationship. Involve your family in the decision-making process, especially when it comes to design choices and budget allocation. Consider seeking advice from interior designers or architects for specialized input, especially for complex projects such as kitchen renovations or master suite expansions. “A successful remodel balances your vision with professional expertise,” ensuring a result that surpasses your initial expectations while staying within budget. Remember to secure all necessary permits and inspections in advance to maintain legal compliance throughout the entire remodeling process.

Building a strong team also requires selecting reliable subcontractors. Check references, examine portfolios, and obtain multiple quotes before committing to any professional. This thorough vetting process helps ensure the quality of the workmanship. Open communication channels should be established with all involved parties to facilitate coordination and problem-solving. “Regular site visits are highly recommended to monitor progress and address any emerging issues promptly.” This proactive approach mitigates potential complications and reduces stress during this potentially demanding project.

Regular Progress Monitoring and Quality Control

Regular communication is key to a successful Alpharetta home remodel. Schedule weekly or bi-weekly meetings with your contractor. Review progress photos and discuss any concerns immediately. This proactive approach prevents small issues from becoming costly problems. Remember, transparency builds trust.

Thorough quality control checks are vital at each stage. Don’t hesitate to ask for clarifications or explanations about the work being done. Check permits and licenses to ensure compliance with Alpharetta building codes. “Ignoring these steps risks costly rework and delays, potentially jeopardizing your dream remodel.” Consider involving a qualified home inspector for a mid-project and final inspection. This independent assessment offers peace of mind and identifies potential issues early.

Document everything. Keep detailed records of all meetings, changes, and payments. Take photos and videos at each phase. This detailed documentation protects you and your investment. It’s also helpful for future reference, should any unexpected issues arise. This meticulous record-keeping is crucial for a smooth and successful Alpharetta home remodeling project. “A well-documented project fosters clear communication and minimizes potential disputes.”

Maintaining Your Newly Remodeled Alpharetta Home

Post-Remodel Maintenance Tips

Regular cleaning is crucial. Dust and debris accumulate quickly after construction. Thorough cleaning, including window washing and carpet cleaning, will restore a fresh look and prevent future damage. Consider professional cleaning services for a deep clean that targets hard-to-reach areas. Don’t forget to clean your new appliances according to manufacturer instructions.

Pay close attention to your new flooring. Whether it’s hardwood, tile, or carpet, proper maintenance extends its lifespan. Hardwood floors need regular sweeping and occasional mopping with a specialized cleaner. For carpets, vacuuming regularly and professional cleaning every six to twelve months are key. Tile floors are relatively low-maintenance but need occasional grout cleaning to prevent staining. Following the manufacturer’s recommendations for cleaning and care is paramount.

Finally, promptly address any minor issues. A small crack in the tile or a leaky faucet, if left unattended, can lead to larger, more costly problems. Regular inspections, perhaps monthly for the first year post-remodel, will help identify and resolve small issues before they escalate. “Proactive maintenance is significantly cheaper than reactive repairs, saving you time and money in the long run.” Remember to keep all relevant warranty information readily available for any necessary repairs.

Warranty Information and Contractor Follow-Up

Understanding your warranties is crucial after any Alpharetta home remodel. Most reputable contractors provide warranties on materials and labor. Carefully review these documents. Note the duration of coverage and what’s excluded. This prevents costly surprises down the line. Keep a digital and physical copy of all warranty information readily accessible. This is especially important for larger projects involving multiple subcontractors.

Following up with your contractor after the Alpharetta home remodel is completed is equally important. Schedule a final walkthrough to address any minor issues. This is your chance to point out imperfections or unfinished details before signing off on the project. Many contractors offer a short period for addressing these minor issues, often included within the warranty. Document everything, taking photos of any problems.

“Proactive communication is key to a successful post-remodel experience.” Remember, open communication with your contractor facilitates quick resolutions. If issues arise outside the initial follow-up period, refer back to your warranty documents. Know your rights and don’t hesitate to contact the contractor or, if necessary, seek legal counsel. Maintaining a good working relationship with your contractor even after project completion is invaluable for long-term satisfaction with your Alpharetta home remodel.

Ensuring Long-Term Value and Enjoyment

Protecting your investment in your Alpharetta home remodel goes beyond initial maintenance. Regular cleaning and minor repairs prevent costly issues down the line. For example, promptly addressing a leaky faucet prevents water damage, saving you thousands in potential repairs. This proactive approach is crucial for maximizing the longevity of your updated space and ensuring its value appreciates as intended.

Consider preventative maintenance as an investment, not an expense. Scheduling annual inspections by qualified professionals – plumbers, electricians, HVAC technicians – can identify potential problems before they escalate. Many offer maintenance contracts that provide discounts and peace of mind. “Regular upkeep significantly extends the lifespan of your major systems and appliances, avoiding unexpected and expensive breakdowns.” This simple act can significantly impact your home’s value and your overall enjoyment.

Beyond the technical aspects, remember the aesthetic elements of your Alpharetta home remodel. Regular cleaning and upkeep of surfaces like countertops and flooring preserve their beauty. Investing in protective measures, such as using furniture pads and doormats, also helps preserve surfaces and prevents scratches. Maintaining your home’s visual appeal directly correlates with its value and the overall enjoyment you derive from your updated space. “A well-maintained home provides a superior living experience and holds its value better over time.”