In theory, the cost of building-wide improvements should be less in a condo because it is spread out across dozens of residents, and the sheer scale of the project could lower the overall price. But it does not always work out that way. Condo board members are volunteers who may not be skilled negotiators or knowledgeable about construction. They may take the first bid they get, or agree to more work than is necessary. If complications increase the cost of the job, residents won’t necessarily know. “This is one of the potential downsides of a condo or co-op scheme,” said Eric D. Sherman, a real estate lawyer and partner in the New York office of Pryor Cashman. “Lots of the time, boards are under the gun. They’re not paid for their efforts, they take the first bid from the first contractor that they see and they say, ‘sign me up.’”
For most people, the home is the biggest investment. Naturally, you want to protect that investment. Rather than waiting for what would have been a small inexpensive repair to grow into a much larger, more costly expense, you need to take preventive maintenance steps. If it has been a while since your home has been assessed, now is the time to have it checked out. Learn how Home Assessments can boost your Kansas City area home’s value.
How to DIY it: Take off the loose bar by removing the screws on each of the posts that mount the bar to the wall. (If one side is solidly attached, leave it alone.) With the mounting plate now exposed, try tightening the screws in it. If that doesn’t work, remove it. Chances are you’ll find two plastic anchors underneath. Poke them with a screwdriver and let them fall inside the wall. Replace with bigger, stronger metal toggle anchors (above), sold at hardware stores. Just drive them into the existing holes with a drill or a screwdriver, and then reattach everything.
When that happens, all you can do is pay up, as happened with Jason Hark and Kenneth Larivee. In 2016, the couple got hit with a $28,000 assessment to replace the siding on their West Orange, N.J. townhouse in a condo association. This cost came on top of their $610 monthly association fee. After speaking with siding companies, Mr. Hark estimated that if his unit had been a stand-alone property, the project would have cost closer to $7,500. “But we couldn’t fight it,” said Mr. Hark, a director at WCBS-TV.
When you book a handyman through the Handy platform, they'll arrive with a wealth of experience and expertise. From home repair tasks to odd jobs and general labor, a professional handyman will have the know-how and the can-do to get your place looking brand new. In addition to bringing their experience, a Handy handyman will bring all the tools required to get the job done. All you need to do is tell us your address and a few details about the job into the booking request form, and we’ll connect you with an experienced handyman who’s done plenty of jobs like yours.
An estimate was that in 2003, the market for home-maintenance and repair spending was up 14% from 2001 to 2003. Another estimate was that the market in the United States was $126 billion and was increasing by about 4% annually. American homes are aging; one estimate was that in 2007, more than half of all homes are older than 25 years. And, as populations worldwide tend to become older, on average, and since increasingly elderly people will be less inclined and able to maintain their homes, it is likely that demand for handyman services will grow.[original research?]
The average single-family homeowner spends around $2,000 a year on maintenance, according to Bankrate.com. That is considerably less than the monthly fees for most condos or co-ops. But even though the monthly outlay for those homeowners might be lower than that of condo or co-op owners, house owners generally are not squirreling away those savings for a rainy day. Nearly half of them have less than $1,000 saved, and a third have nothing saved, according to Liberty Mutual Insurance. So when that sump pump suddenly fails, odds are, we’re scrambling to pay the plumber for a new one.
When stuff breaks, we fix it. Our home repair contractors can save you the time and money it would otherwise cost to find and install a replacement for your broken fixtures and household items. We believe in a convenient, one-call solution where one call can get one of our house repair contractors on the way to fixing whatever you need fixed. Our professional repair services are backed by our Done Right Guarantee.
You may qualify if all of the following apply to your household:A child under six resides in your home or spends at least six hours per week in your home on a regular basis You have owned and lived in your home for more than one yearYour home was built before 1978You live in one of these city neighborhoods:Bond Hill, Westend, Over-The-Rhine, Mt. Auburn, CUF, Corryville, Madisonville, Avondale, South Cumminsville, North and South Fairmount, West, East and Lower Price Hill, Walnut Hills, Evanston Northside or Carthage
When the kitchen faucet leaks, you can’t just call the super. Instead, you have to find a handyman willing to do the work — unless you want to figure out how fix it yourself. But that would mean spending half a day at Home Depot wandering around the plumbing aisle. Buy the wrong materials and you may be back at the store a week later, or calling that handyman anyway to fix your mistake.