Category: New Construction (95)

Lighting can have a big impact on the design of your home. It can give a room a warm and inviting feel or create a dramatic atmosphere. Proper lighting can also make a room look larger or smaller than it is, depending on how you use it. When planning your home’s design, consider the type of lighting that will bring out the best features of the room. You can use task lighting for activities such as reading, accent lighting to highlight artwork or other special features, and general lighting to provide overall illumination. By carefully placing lights in strategic spots, you can create a powerful design statement that really brings out the beauty of your home.

kitchen and dining room with transitional lighting

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When looking for a new home, there are plenty of benefits to buying or building a new construction home. These homes ensure that the building codes are up to date, and everything is new.

Buying a Move-in Ready New Construction Home 

If you decide to purchase a move-in ready home, there is no hassle of waiting months for your home to be finished and ready for you to move in. This saves you time and energy while still giving you the newly built home of your dreams. They also include popular features most people look for in a new home. Like open concept layouts, updated bathroom styles, stainless steel appliances and upgraded flooring and countertops.  These are great options if you don’t want to wait until the whole building process is complete to move in.  
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Beginning January 1, 2023, new efficiency standards for A/C units will take effect. The new regulations will focus on the energy efficiency of air conditioning systems. The new rating for the South will be 15 SEER. 

What is a SEER rating? 

The seasonal energy efficiency ratio (SEER) measures the energy efficiency of an A/C unit. It is a maximum efficiency rating, so the higher the SEER number… Continue reading ..

Builder’s risk insurance helps protect buildings under construction. For a home builder, it minimizes the risk that they take for potential property damage that could occur during the construction on a property. A construction project is protected from property damage from fire, lightning, hail, explosions, theft, vandalism, and natural disasters. 

Who needs it? 

Builder’s risk insurance is needed by anyone that has a financial interest in the construction project. This includes the property owner, builder, general contractor, subcontractors, and any lender providing financial investment in the project. It is always a good idea to make sure you are covered so that you are not personally liable in case something happens. Continue reading ..

Hurricane Ian devastated areas in Southwest Florida when it made landfall with winds up to 155 miles per hour. It wreaked havoc on the beaches that we know and love, broke bridges, flooded homes and so much more. We are thankful that our staff are safe and are working diligently to get their homes and lives back on track.  

We have put together a list of six important things to take into consideration after a hurricane. Being prepared and knowing the steps to take after a storm are important for your personal well-being and your home. 

HERE ARE SIX IMPORTANT THINGS TO TAKE INTO CONSIDERATION AFTER A HURRICANE

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If you are struggling to find your dream home, here is why one of our inventory homes might be right for you. Inventory homes are new construction homes that are built with the same standards and quality as our semi-custom-built homes.  

These homes feature our most popular floor plans and premium design selections. With a faster move in timeline, popular layout, and designer selections pre-selected you may find an inventory home is perfect for your family. 

Advantages of buying an inventory home 

The price of an inventory home is set. This means you are not investing any more money in additional upgrades, the land and selecting the floor plan. It also takes away the headache of choosing the selections you want in your home since this is done by the builders’ design team.  

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This new modern bathroom design style is named for its basic concept, that all surfaces or a part of the bathroom is designed to be resilient to water. Hence the name “wet room.” 

Benefits of a wet room bathroom design includes a layout that feels spacious, offers easy cleaning, and adds value to your home.  

Looking for a spa-like feeling? 

Wet room bathrooms typically have a grander shower area that is more open to the rest of the bathroom. They give your bathroom a spa-like luxury and relaxing feel. 

 

They can make the bathroom feel more spacious with less barriers separating the wet areas in the space. The accessibility in a wet room is better since there is often no shower curb to step over. They are covered in tile or stone to allow for a waterproof area which can give you a more spa-like feeling. Floor to ceiling tiles give warmth and texture to the space to give a great luxury feel.  

In some luxury bathrooms, a wet room uses a glass frameless wall to separate the wet areas from the rest of the bathroom, which can often include a free-standing tub and shower. 

What goes into building a wet room? 

When building a wet room there are some key factors that need to be considered. A gradient is one of the most important components, because it guides the water down the drain. A slope is created for the water to stay in the designated wet area, so it does not pool on the floor in other areas of the bathroom. If no gradient is used in the design, the finished floor is recessed during the homes slab pour to allow for the curb and is also graded to the drain.  

Typically, when building a wet room, you want the proper drainage to be the furthest away from the bathroom door. Waterproofing the bathroom is another vital component and begins with water resilient barrier materials on the floor and walls.  

Wet rooms add value to your home 

Wet rooms add to the value of your property since they are better protected and reduce the chance of water damage. Having a highly desirable bathroom layout in your home will not only allow you to enjoy all its benefits now but will also attract more buyers if or when you decide to sell your home. Your bathroom will be more inviting, feel more spacious and will appeal to a wide variety of buyers.   

What makes a wet room different from a regular bathroom? 

In a wet room, the shower seamlessly flows into the rest of the bathroom, whereas in a regular bathroom the shower is separated by a curb or threshold. They also have tile going from the floor to the ceiling which creates a waterproof area unlike a regular bathroom. Another difference is that wet rooms have a sloped floor that goes toward the drain compared to a flat floor with a shower curb.   

Learn about Sposen’s wet room options 

We offer a wet room as a customized option in some of our Sposen Homes models. Contact us today if you are looking to build a new construction home with a wet room option! 

We invite you view our Signus Signature model with wet room option here!

https://sposenhomes.com/property/signus-signature-1722/  

As of Friday, August 19, the Cape Coral permit desk at city hall will be closed on Fridays to allow the staff to catch up on their backlogged permits. There are over seven thousand permits in progress, and they’re working on training more staff to help get them processed.  

They will still be open for emergency permits, returning phone calls and emails but will not be taking new permit submissions. The online portal will also be accessible for those to check on permit statuses. 

City hall believes that closing to the public on Fridays will help them to train more employees and catch up on the influx of permits they have. For more information please visit: https://nbc-2.com/news/2022/08/12/cape-coral-city-officials-working-through-permit-backlog/  

Sposen is hopeful this will help in streamlining their process and allow for faster turnarounds, so we can get to building your home faster! To view the floor plans Sposen offers please check here.

If you have specific permitting questions, please inquire directly at 239-244-8886 to speak directly to our New Home Specialist team or email hello@sposenhomes.com.

Investing in Real Estate is one of the best ways to grow your personal wealth. Being an educated investor when it comes to real estate transactions and the taxes you are subject to is important. To understand that we are going to discuss about Capital Gains and ways these monies are taxed when you sell a home.

After a successful real estate transaction, the capital experienced from the sale on your asset, is up for grabs to the IRS.

Capital gains are realized if you sell an asset (in this scenario your home) for more than what you paid for it. The difference between what you paid and what you sold it for may be subject to capital gains taxes.

How long did you own it?

The amount of taxes due on these gains, varies based on how long the asset was in your possession before selling. If the home was held for a year or less this is considered short-term capital gains, and if the home was held for longer than a year it’s considered a long-term capital gain.

Now, the IRS does allow homeowners an opportunity for tax relief on capital gains due to an Act passed in 1997 called the Tax Relief Act of 1997. This Act shifted the policy on how taxes are treated for capital gains realized when it comes to housing. Prior to 1997, homeowners paid capital gains taxes if they sold their house, unless they purchased a new home of equal or greater value.

EXEMPTIONS

Today, there are exemptions on capital gains for the sale of a person(s) primary residence of up to $500,000 for jointly filed married couples and $250,000 for singles if they lived in their home for at least two of the previous five years.

The Tax Relief Act of 1997 also lowered the top tier of taxes for long-term capital gains. The current 2021 long-term capital gains tax rate is 0%, 15% or 20% dependent on the income bracket of the taxpayer, while short-term gains are now taxed at the persons ordinary income tax level. This credit has been phased out for high-income families and is capped at usage to once every two years.

You may also qualify for an exception of these gains if the sale of your home was sold because of your employment, health or “an unforeseeable event, according to the IRS.

CONCLUSION

Always speak with a trusted financial professional for details on how this may affect YOUR own financial information. The IRS has an edibility test you can find here.  Deferring capital gains tax on a sale with the use of a 1031 Exchange is something you will want to explore. To learn more about 1031 Exchange click here.

If you’re ready to invest in real estate, Sposen offers new construction homes at a great value. Contact us today!

Tip 1: Horizontal surfaces should complement each other.

For example, your floors and countertop should have the same tonality and depth. This creates an “easy on the eye” appearance.

Tip 2: Keep paint selections light and neutral.

Choosing colors that are light will make your space feel larger while choosing neutral tones throughout will create a welcoming environment. Remember, you can always add pops of color on accent walls, treys, and niches once your home is complete.

Tip 3: Design with simplicity in mind.

When it comes to New Construction, we always remind homeowners that they’re creating a blank canvas to enhance later with furniture, paintings, décor, etc. Sometimes curbing the creativity is hard, but it is necessary to create a space that is easy to enhance after move in.

Tip 4: Splurge on tile selections.

Floor tile, shower wall tile, and accent tiles are the most time consuming and expensive materials to change. Make the selection that you love – you will not regret it.

Tip 5: Pay attention to what electrical options come standard.

Two words: floor outlets. If your builder allows you to add electrical features, you may want to consider upgrading a bit. Floor outlets are a great way to avoid exposed cords in living areas. Another great electrical addition is under cabinet or trey lighting.