Remodeling school
It took a year, but Erika and Greg Tansey got the house they wanted, doubled its value and gained some hard-won insight into the rules of renovation along the way. By Sarah Max, Money Magazine
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The plywood roof is no match for a month-long rain, which floods the basement and delays the job.
The Tanseys' plywood roof was no match for a month-long rain, which flooded the basement and delayed the job.
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The Tanseys' plywood roof was no match for a month-long rain, which flooded the basement and delayed the job. The windows arrived late and prevented other work from going on.
Lesson 3
Don't count on hosting New Year's Eve dinner
When the Tanseys' windows didn't make it onto the back of a delivery truck, it set off a chain reaction. Without windows, the siding couldn't be put on. Without siding, no insulation could be installed, which meant no drywall, trim, light fixtures or flooring. One snag resulted in a three-week delay.

Torrential rain flooded the basement. The framer came down with pneumonia. The flooring guy shot a nail into a pipe, triggering a leak. Because the Tanseys weren't married to deadlines they were able to cope with the delays. Although they hoped to be in by April, they had signed a month-to-month lease on the apartment they were renting.

Some delays will be beyond your control. If you're trying to have the house finished before the birth of your triplets, you're setting yourself up for a bad case of acid reflux.
Five teardowns Houses don't have to be falling down to be candidates for tearing down. (more)
Million dollar homes Our quarterly look at what 6 zeros will get you. (more)

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.