Renovate Right

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RENOVATE RIGHT ! Historic Renovation 101


After

Before

Edward “Kid” Ory’s House 2133 Jackson Ave.


711 Caffin Avenue Holy Cross Neighborhood

BEFORE

AFTER Front and back of Caffin Avenue after PRC’s renovation. Rear portion of the house before renovation by PRC


5014 Dauphine Street Holy Cross Neighborhood

BEFORE

AFTER

Renovation by Operation Comeback


4804 Dauphine Street Holy Cross Neighborhood AFTER The original side entry was discovered when the tree was removed.

BEFORE During Hurricane Katrina, a large pecan tree fell on this home. The PRC purchased the house and renovated it to its original historic footprint.


603 Forstall Street Holy Cross Neighborhood

BEFORE AFTER

603 Forstall was donated to the Holy Cross Neighborhood Association for use as a community garden center.


707 Caffin Avenue Holy Cross Neighborhood

BEFORE

This house was renovated utilizing the Historic Building Recovery Grant Program, which is funded by a grant from the U.S. National Park Service.

AFTER


5 STEPS for developing a renovation 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 FINANCING • Secure

Loan Pre-approval / Letter of Intent for a Renovation and/or Construction Loan

• Gather Intelligence Attend First Time Homebuyer Consult Realtors Ask questions of anyone you know or meet who has renovated a house Attend 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 PROPERTY Confirm 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 TEAM Owner: Manages team members Lender As previously secured Realtor Meet at Great Neighborhood Sellabration Insurer •LA Dept. of Insurance http://www.ldi.state.la.us/

Architect / Designer American Institute of Architects visit construction sites

General Contractor preserveneworleans Yahoo! group Home Builders Association Remodelers’ Council www.gnoinfo.com www.angieslist.com City of New Orleans www.cityofno.com/pg-2-1-residents.aspx


City of New Orleans is a team member! Do you need design approval?

ďƒ˜

Exterior work is subject to review by the Historic District Landmarks Commission (HDLC) if: 1) located in a designated Local Historic District or 2) locally nominated Landmark Building


New Orleans Historic Districts


4. PLAN & DOCUMENT OPTION 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 CONTRACT HAVE INSURANCE PROVIDE REFERENCES


4. PLAN & DOCUMENT OPTION II: Contract Design/Builder Contractor is also Architect Floor plans are fluid and informed by clients’ changes


4. PLAN & DOCUMENT OBJECTIVE I: Stick to the Plan OBJECTIVE II: Pay only for services rendered-according to the contract Document 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.


Historic Materials Historic materials typically found in historic homes in this region:

Bargeboard

Brick between posts

Masonry

Stucco / Plaster

Wood frame w/ weatherboard Bargeboard


Historic Materials Detail of Bargeboard Construction: Interior Walls circa 1840s House


Historic Materials

Weatherboard Exterior


Historic Materials

Brick-between-post house,circa 1850s


Historic Materials

Historic Masonry Townhouse,

Stucco, scored to look like stone atop masonry


Historic Materials Plaster interior walls


Historic Materials Wood Frame

Before

After

Wood frame construction w/ weatherboard exterior


PRC Resources Salvage Warehouse

Deconstruction/Salvage Program Saving unique architectural items Environmentally friendly


Rebuilding Together


Renovate Right! Ask PRC’s Operation Comeback & Education and Outreach Program Staff  

     

Staff hours: 9 a.m. – 5 p.m., Monday - Friday Available for 10 minute consults for walk-ins, 30 minute sessions by appointment, longer by fee Renovation Kiosk Preserve New Orleans blog Host “Renovators’ Happy Hour” events Stage workshops on financing, acquisition, renovation Put on “Historic House Specialist” seminars for realtors Manage all aspects of the PRC’s renovations of blighted properties for resale Shotgun House Month events & Great Neighborhood Sellabration www.prcno.org or 504-581-7032


Block of General Taylor Street Uptown

AFTER

BEFORE 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.


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