Renovate Right

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Renovate Right presentation

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RENOVATE RENOVATE RIGHT !RIGHT !

Historic Renovation 101Historic Renovation 101

Before

After

Edward “Kid” Ory’s House 2133 Jackson

Ave.

711 Caffin Avenue711 Caffin AvenueHoly Cross NeighborhoodHoly Cross Neighborhood

BEFORE

Rear portion of the house before renovation by PRC

AFTERFront and back of Caffin Avenue after PRC’srenovation.

5014 Dauphine Street5014 Dauphine StreetHoly Cross NeighborhoodHoly Cross Neighborhood

BEFORE

AFTERRenovation by Operation Comeback

4804 Dauphine Street4804 Dauphine StreetHoly Cross NeighborhoodHoly Cross Neighborhood

BEFOREDuring Hurricane Katrina, a large pecan treefell on this home. The PRC purchased the houseand renovated it to its original historic footprint.

AFTERThe original side entry was discoveredwhen the tree was removed.

603 Forstall Street603 Forstall StreetHoly Cross NeighborhoodHoly Cross Neighborhood

BEFORE

AFTER603 Forstall was donated to the

Holy Cross Neighborhood Associationfor use as a community garden center.

707 Caffin Avenue707 Caffin AvenueHoly Cross NeighborhoodHoly Cross Neighborhood

BEFOREThis house was renovated utilizing the Historic BuildingRecovery Grant Program, which isfunded by a grant from the U.S.National Park Service.

AFTER

5 STEPS5 STEPS for developing a for developing a

renovation strategyrenovation strategy 1. Obtain initial financing

2. Identify property

3. Assemble team

4. Create a plan and a documentation checklist

5. Re-evaluate budget

1. OBTAIN FINANCING1. OBTAIN FINANCING• Secure Loan Pre-approval / Letter of Intent for a Renovation and/or Construction Loan

• Gather Intelligence Attend First Time Homebuyer Consult RealtorsAsk questions of anyone you know or meet who has renovated a houseAttend Renovators’ Happy Hours

• Determine what route will best suit you. Gut rehab? Minor repair? 5-year plan? Choose project according to its ability to qualify for tax credits (what kind!?)?

2. IDENTIFY PROPERTY2. IDENTIFY PROPERTYConfirm Location Choice

- Commute - Neighborhood Amenities- Is this a Historic District? - Attend PRC’s Great Neighborhood Sellabration (Sept 17th, 2011)

Determine Feasibility for the specific property by looking at:

- Borrowing power (be sure to know the # of square feet)- Time Parameters- Commitment Level

Calculate Rate of Return

- Does the future value, after construction, exceed the total loan amount?- Are there tax incentives?

3. ASSEMBLE 3. ASSEMBLE TEAMTEAM

Owner: Manages team members

LenderAs previously secured

RealtorMeet at Great Neighborhood Sellabration

Insurer•LA Dept. of Insurance

http://www.ldi.state.la.us/

Architect / DesignerAmerican Institute of Architects visit construction sites

General Contractorpreserveneworleans Yahoo! groupHome Builders Association Remodelers’ Councilwww.gnoinfo.comwww.angieslist.comCity of New Orleanswww.cityofno.com/pg-2-1-residents.aspx

City of New Orleans is a team City of New Orleans is a team member!member!

Exterior work is subject to review by the Exterior work is subject to review by the Historic District Landmarks Commission (HDLC)Historic District Landmarks Commission (HDLC) if: if:

1) located in a designated Local Historic District or 1) located in a designated Local Historic District or 2) locally nominated Landmark Building2) locally nominated Landmark Building

Do you need design approval?

New Orleans Historic DistrictsNew Orleans Historic Districts

4. PLAN & DOCUMENT4. PLAN & DOCUMENTOPTION I: Contract with Architect and gen. contractor

Owner sets project parameters

Team members perform work

Approved plan meets lender approval

Contract General Contractor or Hire Subcontractors. Anyone you pay should

BE WILLING TO SIGN A CONTRACTHAVE INSURANCEPROVIDE REFERENCES

OPTION II: Contract Design/Builder

Contractor is also Architect

Floor plans are fluid and informed by clients’ changes

4. PLAN & DOCUMENT4. PLAN & DOCUMENT

OBJECTIVE I: Stick to the Plan

OBJECTIVE II: Pay only for services rendered-according to the contractDocument all Change Orders– don’t pay for promises!Consult Team on change-orders

OBJECTIVE III: Adapt to changes and overcome obstacles– STAY MOTIVATED!Concealed Conditions may reveal new challenges.

4. PLAN & DOCUMENT4. PLAN & DOCUMENT

Historic Materials

• Bargeboard• Brick between posts• Masonry• Stucco / Plaster• Wood frame w/

weatherboard

Bargeboard

Historic materials typicallyfound in historic homesin this region:

Detail of Bargeboard Construction:Interior Wallscirca 1840s House

Historic Materials

Weatherboard Exterior

Historic Materials

Brick-between-post house,circa 1850s

Historic Materials

Historic Masonry Town-house,

Historic Materials

Stucco, scored to look like stone atop masonry

Historic MaterialsPlaster interior walls

Wood frame construction w/ weatherboard exterior

Historic MaterialsWood Frame

Before After

PRC ResourcesPRC ResourcesSalvage WarehouseSalvage Warehouse

Deconstruction/Salvage Program

Saving unique architectural itemsEnvironmentally friendly

Rebuilding Together

Renovate Right!Renovate Right!Ask PRC’s Operation Comeback & Ask PRC’s Operation Comeback &

Education and Outreach Program StaffEducation and Outreach Program Staff Staff hours: 9 a.m. – 5 p.m., Monday - FridayStaff hours: 9 a.m. – 5 p.m., Monday - Friday Available for 10 minute consults for walk-ins, 30 minute Available for 10 minute consults for walk-ins, 30 minute

sessions by appointment, longer by feesessions by appointment, longer by fee Renovation KioskRenovation Kiosk Preserve New Orleans blogPreserve New Orleans blog Host “Renovators’ Happy Hour” eventsHost “Renovators’ Happy Hour” events Stage workshops on financing, acquisition, renovationStage workshops on financing, acquisition, renovation Put on “Historic House Specialist” seminars for realtorsPut on “Historic House Specialist” seminars for realtors Manage all aspects of the PRC’s renovations of blighted Manage all aspects of the PRC’s renovations of blighted

properties for resaleproperties for resale Shotgun House Month events & Great Neighborhood Shotgun House Month events & Great Neighborhood

SellSellabrationabration www.prcno.org or 504-581-7032www.prcno.org or 504-581-7032

Block of General Taylor StreetBlock of General Taylor StreetUptownUptown

BEFORE

AFTER

Once abandoned and blighted, this row of 8 double shotguns was renovated by the PRC and the homes were returned to commerce. The project also highlighted the importance of preserving our streetscapes.