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For the Media: Slumping Economy Prompts Homeowners To Open Doors To Family and Boarders
Slumping Economy Prompts Homeowners To Open Doors To Family and Boarders
New household members make bathroom creation an absolute must to preserve privacy while enhancing the livability of a home.
Rising unemployment rates and looming foreclosures are reviving the once-common, “home-share” model, uniting strangers and family members under a single roof — and increasing the need for home privacy.
A record 12 percent of U.S. homeowners are now in arrears on their mortgage payments, according to the Mortgage Bankers Association. Foreclosures are up 30 percent since 2008 (RealtyTrac). An April 2008 study by the National Coalition for the Homeless showed that more than 76% of homeowners and renters who were forced to move because of foreclosures relocated with family or friends.
On the flip side are the homeowners who have decided to open their doors to boarders as a way to generate enough extra income to stave off foreclosure or bankruptcy. The trend is undeniable, and it is impacting consumers of all ages and backgrounds. Susan MacTavish Best, spokesperson for the national online classified ad site Craigslist, says roommate listings are up 65 percent in the past 12 months.
Making room for housemates: To make home-sharing work, privacy is critical. As more homeowners open their homes, many will remodel for new housemates. Installing an additional bathroom makes home-sharing a much more practical solution for the short-term. Just as importantly, a new bathroom provides a proven, long-term return on homeowner investment.
A recession may not seem like the best time to invest in your home. But smart remodeling (www.saniflo.com) helps maintain your residence, while boosting its value — better positioning you to capitalize when the market turns around.
According to Remodeling Magazine’s 2008-2009 “Cost vs. Value” report, a bathroom addition recoups nearly 65 percent of the investment. Small wonder then that bathrooms are the second-most popular type of residential remodeling job (National Association of Home Builders).
Keeping your bathroom addition low-cost: If you’re ready to add a bathroom (www.saniflo.com) to your home, be aware that you can save time and money by using an above-floor, macerating plumbing system. This type of product eliminates the need for costly excavation to create below-floor drainage. The technology offered by SFA Saniflo Inc. makes it inexpensive to put a new bathroom anywhere in your home – including the basement.
“Above-floor plumbing saves my customers an average of $1,000, and that’s on the low side,” says plumber Mike Sikorski of East Taunton, Mass. Sikorski recently installed a Saniflo bath addition in the basement of a customer who needed to make room to accommodate a parent.
Sikorski says installation of an above-floor plumbing system for half a bath or in a finished room typically takes just half a day. Full baths can take a day and a half. But either way, the savings are substantial.
Because there’s no need to dig underground drainage lines, a macerating toilet can be positioned right on top of virtually any floor in a home. Placement options include the basement, which is typically situated below drainage lines to the sewer or septic tank. With Saniflo, waste and water are efficiently pumped upward into these lines.
“I recommend above-floor for all my basement baths now,” Sikorski adds. “It’s a ‘cut-and-dry’ installation, and there are no surprises.”
Opening your home is a big step. Here are some additional tips to keep the transition a smooth one:
Learn more about low-cost, above-floor bathroom systems by visiting www.saniflo.com or calling toll-free: 800-571-8191.
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