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Matthew Teague

Matthew Teague

Recent Posts

Real Estate Sales up 20% from Last Year

Posted by Matthew Teague on Mon, May 07, 2012

   The Warren Group recently published their Massachusetts Real Estate sales statistics for the month of March. Sales are up an notable 20% from March 2011 marking the 9th consecutive month of increased sales.  So what does this mean to REEF, a custom home builder on Cape Cod?  It provides clear indication that demand is increasing, and that the market is supporting sound investments in real estate.   If you are thinking of a new home, or remodeling project, you should probably take steps to start the process now.   As demand increases, there will be corresponding increases in material, labor and other costs.  These indicators coupled with the pending building code change in July can only lead to increased costs for consumers. 

 

Here is the article from the Cape Cod Times: http://www.capecodonline.com/apps/pbcs.dll/article?AID=/20120424/NEWS11/120429886

 

Tags: Construction Costs, cape cod homes, cape cod custom builders

Guide to Hiring a General Contractor or Builder

Posted by Matthew Teague on Fri, May 04, 2012

    REEF has been building, and remodeling homes on Cape Cod for over 25 years.  New customers always aproach us with some important questions, like why choose REEF, and  how should one go about hiring a general contractor or custom builder for their project.  To answer these questions, we have come up with a guide for homeowners to help them through the process. REEF's Guide to Hiring a General Contractor or Builder, takes a look at the traditional desing / bid process, and provides an outline of how to begin a new project, and build a project team.   The guide also talks about the advantages of REEF's design/build process, and how it can lead to a better overall project experience.  

Click below to download this new guide!

Click me

 

Tags: remodeling, Cape Cod Builder, building a home, hiring a builder, general contractor

7 Upgrades that People Want in their Homes

Posted by Matthew Teague on Thu, May 03, 2012

    As Cape Cod's leading custom builder, we are constantly asked for suggestions on what is most popular in home design and construction.  Whether renovating or building new we have found some consistent trends.  Here is our list of most popular features:

  1. 1st floor master suite
  2. Open kitchen / dining / living spaces
  3. Additional flex space that can serve as bedroom or office area
  4. Energy efficient, yet cost effective heating and cooling systems
  5. Low maintenance exteriors

Recently the Wall Street Journal published the results of a Better Homes and Gardens survey about this same topic.  Here are their results:

  1. Separate laundry room
  2. Additional storage / walk-ins / closet built-ins
  3. Outdoor living spaces
  4. Additional bedroom with separate bath
  5. Everyday eating space in kitchen
  6. Home Office / Workspace
  7. Upgraded bathrooms

You can view the full article here:http://articles.marketwatch.com/2012-04-11/finance/31319268_1_laundry-space-new-space-storage-space

These are all things you definitley want to consider when planning your next new home or renovation or remodeling project. If you want to see how some of these concepts might fit into your future plans, click below to contact one of our design or construction experts at REEF

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Tags: cape cod custom homes, New Homes Cape Cod, home improvements

10 Home Trends to Kiss Goodbye

Posted by Matthew Teague on Wed, May 02, 2012

  In the past, REEF has always promoted new and exciting designs, products and features for new homes, renovation and remodeling.  So today, we thought we might try something different. We came across a very interesting article on MSN Real Estate that talks about 10 home trends that are quickly losing popularity.  Ranging from things like 2-story living rooms, to fancy jetted tubs, this article highlights the trends that builders and realtors are seeing across the country.  Custom homes often become a mix of features that customers have seen and liked elsewhere, but some of those choices don't make practical sense over the long term. 

Click below to see the article, you might be surprised: http://realestate.msn.com/kiss-these-10-once-popular-home-features-goodbye?#2

Tags: new homes, Custom Homes, renovation, green homes, Home Design, House Design

Kitchen and Bath Products for your New Home or Renovation

Posted by Matthew Teague on Tue, May 01, 2012

   Spring is an exciting time of year for custom builders and renovation contractors.   Manufacturers present their new products at industry and trade shows across the country. Recently the Kitchen and Bath Industry Show was held and here are some of the featured products.  Check out this article and slideshow from Builderonline.com :http://www.builderonline.com/products/new-kitchen-and-bath-products-to-make-life-easier.aspx

 

IMG 9434 resized 600

Tags: Bathroom Remodeling, Kitchen Remodeling, bathroom

Cape Cod Homes on Pinterest

Posted by Matthew Teague on Mon, Apr 30, 2012

   REEF has started a site on Pinterest to show off some of our work, and highlight innovative new products and designs in the custom home building world.   Follow along and see updates and new photos daily!

Click here to see the site: http://pinterest.com/capecodbuilder

Tags: renovation, custom home builder, building on cape cod

Value Engineering Your Cape Cod Custom Home

Posted by Matthew Teague on Fri, Apr 27, 2012

    Building a custom home on Cape Cod can be a daunting process, however, one of the biggest hurdles is managing the budget.  Value engineering is a term often used to describe the process of re-working a design to meet budget constraints.   This is a great process, but it is very hard to do late in the design process, when costs have gone out of control.  Costs are controlled one dollar at a time, through a combination of design, construction techniques, and selection of finishes and fixtures. It is almost impossible to shave $100,000 off of a $300,000 project.  A better approach is to set a budget of $200,000 and drive the project to that goal at each stage of the design and selection process.  

 Since REEF is a design/build company, we assist in developing the budget expectation, and take ownership of the budget throughout the construction process.  Managing expectation is the key to a sucessful project, a good finished product, and satisfied customers.

 

Here is a great article with some tips for value engineering your home project from housingzone.com: Value Engineering a Custom Home

If you want to know what your budget might look like for your next project, click below to download our construction cost guide:

Click me

Tags: Construction Costs, Custom Homes, value engineering

Remodeling Spending up 6%

Posted by Matthew Teague on Thu, Apr 26, 2012

IMAG0410 resized 600   The Joint Center for Housing Studies at Harvard University has revently published its Leading Indicator for Remodeling Activity assessment, and things are really looking up.  After two years at historic lows, the outlook is  promising for remodelers, and custom home builders, with an expected increase of 5.9% by the end of the year.  As discussed in previous posts, we here at REEF, Cape Cod's Home Builder, have seen increased demand for remodeling and renovation services over the last several months.  So what does this mean for the consumer? A few things:

  1. Increased demand will result in increased material and labor costs
  2. Builders and remodelers will begin to develop a backlog, delaying execution of projects
  3. Now is a great time to begin planning your next project and beat the rush!

 

Here is the full article from remodeling.hw.net: http://www.remodeling.hw.net/economic-conditions/lira-remodeling-spending-up-almost-6-by-years-end.aspx

Tags: Custom Homes, renovation, remodeling

Home Sales up for 9th Straight Month

Posted by Matthew Teague on Tue, Apr 24, 2012

Good news from the MA Association of realtors

 

http://www.capeplymouthbusiness.com/news/show/2316

Tags: Cape Cod Real Estate, cape cod homes

Update on Cape Cod Real Estate Markets

Posted by Matthew Teague on Tue, Apr 24, 2012

  One of our local realtors, Brian Pothier http://www.brianpothier.com sent out a comprehensive update on the Cape Cod Real Estate Market.  So far it looks like things are heading up!  As custom home builders, we constantly watch the market to see where housing and building demand is going.  A strong real estate market also bodes well for strong renovation and remodeling demand.

Click below to read the report!

http://campaign.r20.constantcontact.com/render?llr=9c4vr4eab&v=001zO3-DzIs5zZs5dKkFkcsurs44Jn2bopb7js2ja6LmX3IPiD2_UnnQuz0rRqqW35bcG6SQUuTiuQrn8xowYNsDIb-nWRPlIVbeUvn7IrryyDfzL3KXEBYnVV070AtMUeL5Tpx_0gRedY%3D

Tags: Cape Cod Real Estate, cape cod homes, Real Estate Market Outlook

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