News

Construction Consultant, House Addition Contractor, House Renovation, Residential Addition

Residential Additions in Arizona that Promise Great ROI

Homeowners usually try to evade residential additions and modifications as long as they don’t become inevitable. You can certainly live with that passive mindset. However, having a more proactive approach on home improvements entails wide-ranging benefits with great returns on investments being the highlight. With the easy availability of good home improvement contractors in Arizona, the overall process has also become more streamlined.

Before we delve into the details of some high-ROI home additions, it is imperative to shed some light on their varied benefits.

  • With relevant residential additions, you can improve the quality of your life and the time spent with family.
  • Regular residential additions mount up your property value. If you are also a landlord, then you can seal some good rental deals, which will eventually cover the cost of these additions and improvements.

Here, we are going to discuss the top five residential additions and remodels that entail both short-term and long-term benefits.

Entry Door

Merely replacing the entry door of your property can completely change its outlook. For that matter, the cost of entry door replacement ensures the greatest ROI percentage. Some estimates suggest that if you are going to sell your property after this addition, you can get around 95-97% ROI on the door cost.

Deck Addition

Deck addition has many functional implications. It adds to the overall curb appeal of your property. Moreover, you get to use additional space from within the same square footage. Lastly, a fully-furnished deck provides an immediate outdoor getaway.  For all these reasons, it also becomes one of the top ROI home addition measures. You can fetch over 85% ROI with deck additions on your property.

Attic Bedrooms

Transforming your attic into livable space is the best decision that you can make regarding your property. The best way to make it livable is to transform it into a bedroom. Be its renters or purchasers, having an additional bedroom will always tilt the deal in your favor.  Attic bedroom addition also entails ROI around 85%.

Kitchen Remodeling

Kitchens are the most assessed home portions in any purchase or rent deal. With little additions and adjustments to your kitchen space, you can increase the price or rent of the entire property. Consult any seasoned home improvement contractor in Arizona who can guide you regarding a kitchen remodel that entails maximum possible return on investment. Usually, a smart and well thought out minor kitchen remodeling work can give up to 83% ROI.

Things to Take Care of

It is important to pick the right services for all the home additions and modifications that we have discussed. Investing in a wrong or ill-managed addition can backfire i.e. you might have to re-remodel it. And if you are not concerned about ROI and just want to make additions for their utility, then you can also go for family room revamps, mid-range bathroom models and master suite additions.

MMJ Improvements has been providing certified expertise for residential additions for more than 30 years. Get in touch with the company for functional residential additions that can also ensure good ROI.

Construction, Tenant Improvement Contractor

All You Need to Know About Tenant Improvements in Arizona

All You Need to Know About Tenant Improvements in Arizona

Tenant Improvement (TI) is one of those elements in a tenant-owner relationship that the majority of people don’t fully understand. Also known as leasehold improvement, the provisions of TI must be clear to both parties before they jump into a lease deal and get any seasoned tenant improvement contractor in Arizona on board.

According to a certified commercial real estate body, Tenant improvement is: “the customized alterations a building owner makes to rental space as part of a lease agreement, in order to configure the space for the needs of that particular tenant. These include changes to walls, floors, ceilings, and lighting among others.”

Common Elements of a TI Agreement

Every TI agreement is unique, depending on the property and the needs and demands of renters and owners. However, there are some recurring elements that are part of every negotiation.

Will It Be a Turnkey Build-Out?

It is considered one of the most negotiated points of any tenant improvement deal. If this clause is included in the agreement, the owner has to manage all the elements of construction and bear the monetary risks throughout the process.

Settling the Debate of Improvement of Usable and Rentable Space

Every residential and commercial rental divides into usable vs. rentable square feet. TI deal has to take into account how the money spent on improvements will relate to usable (separate) and rentable (common) space of the building.

Fixing on Substantial Completion

It is important to decide the Substantial Completion cutoff of improvements so that it can coincide with the rental payments from the tenant.

Agreement on Costs Overruns

If the turnkey build-out clause is not part of the agreement, then both parties have to reach a mutual agreement on any potential cost overruns of the improvement.

Finding the Right Contractor

Once the points of TI deal have been ironed out, it’s time to find the right person for the job.  Besides meeting the basic requirement of certification and insurance, also assess the following factors while choosing a tenant improvement contractor in Arizona.

  • They should be in the business for a long time. (10+ years)
  • They can show you some of their similar past projects.

Getting referrals is another way of finding the right company for the job.

Benefits of Tenant Improvement for Owners

For owners, TI agreement is a win-win situation. They can successfully persuade renters to pay the desired amount of rent by agreeing on their tenant improvement clauses. In the long run, tenant improvement is a value-added measure for your own property. All the additions, adjustments, and modification that you incorporate in your property through tenant improvement eventually increase its value on the listing.

Lastly, you can improve your reputation as a landlord by adding TI clause in your rental deal. It shows that you are willing to accommodate the renters’ demands in the deal. Finding new renters of your choice becomes easy when you have a trustworthy and forthcoming reputation as a landlord.

MJM Improvements is a reliable construction company operating out of Glendale, AZ. The company provides its services for all the phases of commercial and residential constructions throughout the state. If you are looking for a qualified tenant improvement contractor in Arizona, then MJM Improvements should be your pick.

Commercial Remodeling, Commercial Remodeling Contractor

Reasons to Consider Commercial Remodeling

Opting for Commercial Remodeling: A Good Business Decision

Decisions entailing cash outflows are always trickier for business owners. There are some cash outflow choices that might not yield immediate and tangible results. But in the long run, they turn out to be some of the best business decisions.

Commercial remodeling is also one of those expenditure decisions that you can take for its far-reaching advantages. Let’s have a look at some of the significant benefits of getting your commercial property through the process of remodeling.

For Efficient and Streamlined Use of Workspace

This is the first and foremost benefit of having your commercial property remodeled. If your business is growing, then very soon the existing workspace will fall short and become overcrowded. While it’s good to have employees outnumbering the number of workstations, it is essential that you immediately accommodate them. You have two options to do that: relocation and remodeling.

Moving your office to a new location is not just a logistical nightmare. You may also experience some financial repercussion if you are getting out of a multiple-year lease deal prematurely. Remodeling for better and efficient use of space can help you in accommodating more personnel without moving the location.

Experienced commercial remodeling contractors in Arizona can give you better suggestions regarding the better use of space after inspecting your office building.

For Better First Impression of Your Business

Whether you are welcoming recruiters or potential clients, the first impression of your office greatly matters. How your workspace looks is part of your brand image.  The interior of your office tells your success story. So, it is imperative that it should also look the part.

Persisting with outdated ceiling designs, flooring and furniture will not really help in creating the look of prosperity and opulence needed to enamor and impress the visitors. Keep in mind that the first impression of your business can consciously or sub-consciously factor in during the decision-making by your prospective clients.

To Rack Up More Productivity

According to one survey, more than 90% of managers think that workspace remodeling has improved the productivity of their teams. With remodels and additions, you can make your workspace more interactive for team works. Similarly, remodels can provide isolated working space required in some instances.

Overall, commercial remodeling can have a positive impact on the net productivity of any team given that it is a well-thought-out plan and completed by any experienced commercial remodeling contractor in Arizona.

To Add ‘Eco-Friendly’ Point to Your Business Profile

Having an eco-friendly profile is increasingly becoming an upside from a commercial standpoint. Eco-friendly businesses also become eligible for some leniencies from the respective governments and regulators. Renovating an old building, replacing an outdated HVAC system with a new model, installing energy efficient windows and light fixtures can give your business a more ‘greener’ outlook.

MMJ Improvements provides construction services for all sorts of commercial and residential projects. The company offers is certified commercial remodeling expertise all across Arizona. Contact them if you want to have your commercial property remodeled for all its functional benefits.

Construction, Construction Consultant, House Addition Contractor, House Renovation, Residential Addition

Why You Should Add Deck to Your Property?

If you are looking to make a home improvement investment that entails both functional and monetary benefits, then there might be no better option other than deck addition. Decks are one of those residential additions that can promise a really good return on investment. And we don’t know where to start about the functional benefits of having a deck extension to your house.

Let’s have a quick look at all the benefits of adding a deck to your property given that you commission only a seasoned house addition contractor in Arizona for the task.

You Get a Free Venue

By adding a deck to your property, you get a venue free of cost for a range of get-togethers. Whether it’s a sunny Sunday brunch in winters or a summer BBQ with friends and family, you don’t have to worry about the venue. It’s right there in front of the house.

You Can Make Your Evenings More Fulfilling

Have you ever calculated the time you spend indoors—in your car, workplace, and home?  Many of us virtually live an indoor life. It’s important to break free of that ever congested setting now and then.

You certainly can’t change the design of your workspace, nor is it easy to change your ways of commute. However, you can incorporate some open-air time in your routine by extending your property with a deck. By having a deck, you will get the option to spend your evenings breathing fresh air instead of binging in the lounge like the rest of the day.

You Don’t Have to Strain Your Budget

Since there are no roofs and walls, decks are fairly inexpensive in comparison to other residential additions. An experienced house addition contractor in Arizona can also give you further tips on keeping the deck construction an economical affair.

Besides cost, decks can be finished and furnished in a short time window. Regardless of the area and design of the proposed deck, experienced construction contractors can finish it within a week.

Purchaser Will Be Sold on Curb Appeal Alone

Selling your house in the price that you want is not a mean feat. By adding a deck to your property, you have a better shot at getting the desired price. A deck can turn around the curb appeal of any residential unit. A deck furnished with some light furniture and plants oozes extravagance and can give the house a more upscale-look than all the nearby residential units.

Things to Take Care of

Before you contact a home addition contractor in Arizona to build a deck, you must answer these questions regarding the project.

  • Do you want fixed seating and other built-in features (fire pit etc) in the space?
  • Does an optimized view should also be factored in during the construction of deck?
  • How much sun exposure do you want on the deck?

MMJ Improvements provides first-rate services for all construction phases of commercial and residential projects. Get in touch with the company if you want to add a deck to your property for all its functional and monetary benefits.