|
|
Just over a year ago, I made a giant list of home projects. Let’s see how I’m doing. Updates in red.
I’m actually kind of disappointed in this list. I feel like I’ve made such progress, but it’s just not noted in the list. Another giant task is to organize everything – the closets are a disaster. Maybe I’ve been reading too many organizing blogs, but those things need work. I want neatly labeled shelves and bins.
The big expensive project was the yard. And I couldn’t be happier with how the yard looks. I love it. I’m so excited that it’s summer and I can spend time outside again, just enjoying the weather.
To Dos – The Smaller
- Sprayfoam around the basement bathroom window, sump pump pipes, and guest bathroom shower pipe
- Purchase and install larger flange for guest bathroom shower
- Hang bathroom cabinet in guest bath
- Install bathroom organizer in master bath (changed my mind on this one)
- Purchase paint and touch-up walls
- Sand and repaint guest bathroom molding to hide sticker under paint
- Remove residual stickers on all three basement toilets
- Finish unpacking all boxes
- Finish loading curio cabinet
- Hang pictures in master bedroom, upstairs hallway, living room, main entrance, dining room, and basement (Just a few more left)
- Paint master bedroom, master bath, basement bath (for now)
- Sand and stain border around fireplace
- Sand down the poor painting job on the banister and repaint/restain
- Scrape the paint from the office door
- Repair the jammed lock (there is a rock inside it, but don’t worry, it’s locked nice and tight)
- Hang medallion above master bedroom fan to hide hole
- Finish furnishing living room
To Dos – The Larger and/or More Expensive
- Re-form flower beds
- Have yard re-graded and re-seeded
- New sidewalk in front yard and new patio in backyard
- Strip/repaint porches
- New front porch railings
- Attic pull-down ladder (this may or may not be possible)
- Gas fireplace insert
- New windows in dining room and master bedroom
- Closet organizer in walk-in closet (Elfa, perhaps?)
Furnishings to Save For and Purchase
- New washer/dryer
- Breakfast table (or maybe a bench?)
- Living room couch and table/ottoman
To Do Someday
- New flooring in living room/dining room
- New flooring upstairs
- New stairs
A friend of mine just found out that he is getting a surprise promotion. His company is restructuring after being sold, and they’re downsizing a bit, so he was worried that he was going to lose his job. Instead, he’s getting a huge promotion with a big increase in responsibilities and about a 25% pay increase.
25%!
I was joking with him that now he can afford to go out to lunch twice a week instead of once a week. But it got me to thinking. What would I do with a substantial pay increase like that? I’m living comfortably enough on my paycheck now. My bills are paid. I’m contributing about 8% of my paycheck to my TSP (government 401k – I have a match on the first 5%) and I put the full amount in my Roth IRA every year. I’m paying my mortgage, but not paying extra.
So what would I do with that 25%?
Logically, I should and probably would increase my retirement contributions. See if I can’t get it up to the max. I have to admit that my returns haven’t been all that stellar, but it’s money that’s being put aside, and I have to have faith that it will grow.
But after that? I don’t know.
Well, I’d probably think about getting a dog. I grew up with dogs. I desperately want a dog. But I cannot afford a dog. I work long hours and would need to get a dog walker. Around here, that runs around $400 a month. And then there are all the other costs associated with a dog (or any other pet). Of course, it would be worth it, but right now, it’s just not financially feasible. So I must remain content with my cats. At least they don’t require walking.
(And before anyone says anything about getting a dog but not being home – I would adopt an older dog from a shelter. One who just needs a home and is happy to sleep all day… which can apply to younger dogs too, in my experience.)
Would I pay extra into my mortgage? Honestly, probably not. Instead, I would put the money into the house. My house was in really good shape when I bought it, but there is work to be done. I need to replace some windows. I need to replace the extremely rickety fence. In the long term, there is some flooring that I would like to replace or at least refinish, and I would like to knock out a closet and enlarge the master bathroom. Of course, these aren’t things that would happen immediately with a pay increase, and they’re something that will happen eventually, but it would just be sooner than planned.
So what would you do with a 25% pay increase?
This morning, a coworker came up to me to tell me about her neverending saga with her condo board. Long story short, she lives in a large condo complex, and her building is one of the last buildings in the back of the property. The plus side to this is added privacy. The negative side is that for some reason, that part of the complex gets ignored – they have the worst yard, the ugliest bushes, etc. This isn’t the first time she’s had issues with them either.
So today’s post is about home buying and something that people don’t always look out for – neighborhood associations. When you buy a condo, you’re typically aware that there’s a condo board and a condo fee. But don’t forget that those things can happen in other types of homes as well. And there are good and bad things to neighborhood associations.
The first step is to find out if your property is part of an association and if there are any required fees. If so, what do those fees cover?
Next, find out the rules. What can and can’t you do to your home as part of the association rules? Frequently, there are certain maintenance standards and major changes to the house must be approved. Some associations have restrictions on holiday decorations, colors you can paint your house, etc.
Then you have to decide how you feel about the rules. So your association says you have to get approval before you paint the door to your house. That’s annoying. But it also means you probably won’t have a neighbor with a neon green house and a bright purple door. And maybe you can only have white Christmas lights on your house. Knowing how much you love colored lights, that’s a bummer. But it also means you won’t have Clark Griswold living next door, creating light pollution and crazy traffic every December.
Personally, I chose to live in a neighborhood with no such association. I do, however, live in a city small enough to have various codes. My house must be well maintained. I need to get permission to put up a fence or cut down a tree (and I probably won’t get permission for the tree). But I can paint my front door whatever color I want and if I want my house to look like Clark Griswold’s, I can. But that means my neighbors can do whatever they want as well. It’s a risk, but one I decided to take.
You just have to decide what is right for you.
Now that the weather is nice… well, mostly nice, anyway, I’ve been thinking about putting up a clothesline in my backyard. I love the smell of clothes that have dried out in the sun.
I haven’t quite figured out how to go about putting up a clothesline though. I like the idea of something portable – or at least semi-portable. Rather than sinking a base into concrete in the ground, I’m thinking I would like to find a weighted base, like the ones used under patio umbrellas. I’m not sure if this actually makes sense or if the whole thing will just tip over. So far, I haven’t found anything I like in a reasonable price range.
Of course, this also means more doing laundry on the weekend. I just don’t have time during the week to do a load of laundry and then hang it up before I head off to work.
Also, while I live in a nice neighborhood, it’s a neighborhood filled with kids who perhaps aren’t as well behaved as I would like them to be. Even though my backyard is fenced off, I don’t know that I trust them to stay out of my laundry if I happen to be gone while it’s out drying. And I really don’t need the neighbor kids using my bedsheets as capes.
I’m just going to keep my eyes out for a clothesline that fits my pick requirements. And I should probably check the city regulations and make sure they’re allowed. I live in a very green, crunchy, earthy city, so I can’t imagine it would be a problem. Any city that gives out free compost bins has to be pro-clothesline, right?
I did something that I have never done before.
I booked a vacation well over a year in advance.
I have never booked the sort of vacation where I schedule in time to pay a downpayment with the balance due later. And yet now I have.
I am scheduled to go on a cruise next fall with a bunch of my friends. The balance for this isn’t due until next July (though I will likely pay it in June so that I can begin booking excursions). I am so incredibly excited.
I haven’t been on a cruise in over ten years – the last one was a family trip with my extended family, and I was at that weird age where I was too old for the teen stuff and not old enough for the bars. So this one should be fun. Also, it’s the first time I’ve taken a trip that wasn’t based around a race or visiting family in I don’t know when. Years, probably.
(Okay, so there is a distinct possibility that we will be running a 5K on one of the islands and running a ten mile race the day we return to shore. But that is not the point of the vacation.)
I’m really excited to have this out there, and it’s definitely motivation to put aside extra money for the trip, both to pay it off and to pay for fun on the cruise. It’s definitely something to look forward to. I already find myself wanting to plan, and it’s a year and a half away! I have a lot to do before then!
|
|
Recent Comments