>> welcome to the department of building inspection brown bag lunch. this is a series we run on the -- every month. we talk about topics of general interest. we are going to talk about the subject that comes up when

people get permits. and my going to be able to recoup the value of the work to do when a property? how does my improvement or repair affect my property about you? we have guests today. jonathan, thanks for coming. james, and alice. alice is a neighbor. thanks for coming. i have a big hand out of stuff about what other people think values might be when you do work on your home. san francisco is a different world, isn't it? >> we have so many micro districts and pockets of different the used within two or three blocks. answering the question for one house may not always be the same as answering that question for different house. >> give us an idea.

if you get a view, it will be different -- >> shore. the value of a simple remodel verses a very fancy kitchen remodel in a house that might be worth more than a condominium. those things can matter. it can make a difference. >> we have a request from one of our viewers to make sure we talk about -- home-improvement results and building taxes. >> accessible. >> the other thing that might be brought out his people over- improved. there is a fine line. i recommend that my client or anyone talk to realtors before they start. it is a good idea to get an idea of that neighborhood, that house, and how it can be done. >> page 22 of the handout, spend

an hour with the pro. talk about what the value means and how it will add value to your home, or if it will be over spending on something that maybe you can do without. >> exactly. >> it is very important to know why you are doing it. are you doing it to add value? will you live there for 20 years and you want a nicer kitchen? it cost $20,000, but only as $15,000 in value. it is different than if you want to sell it in three or four years. >> i had a lady who bought a couple of units and wanted my opinion years ago. she had an old victorian with an old brick foundation. she was absolutely convinced that the foundation had to be concrete and had to be concrete tomorrow. it was the first thing she did. she had different people, and

look at the way she could do it. someone convinced her she should really be fit up and do it to the degree that she could add another unit or another living space down the line it see -- if she so chose. against my advice, she probably spent over $100,000 on pouring concrete down there. it sits there as an empty shell of a basement, which is sort of useless, really. i think you can get expert opinions from many different people, and the value question is a different question than an expert opinion on a particular subject. the value question is a question of the value of the property. is it over-improving? sometimes the contractor will tell you otherwise. the value is probably for a salesperson. >> that is something john wrote out. what value? value to you? value to the appraiser who comes in in one month?

value is certainly individual. we do see houses, unfortunately, as james as saying, that may be beef up the foundation, but there are so many that just do -- that don't do anything behind the walls, which is an issue for us, that when we go when their -- people buy it, but we have to really make sure the homeowner is aware of both. >> something else that is a typical misnomer, i think, remodeling my house, doing a quick renovations before i sell it or try to market it might increase its value. not necessarily always, and not necessarily in all instances. one thing that

>> good morning, everyone. just to make sure you know, we're in an international room and i can't think of a more international group of people standing behind me, the work force of our bay area, san francisco, and oakland and others. want to thank everybody for coming here this morning. you know, we have another announcement to make, but it's consistent with the efforts that are being made by the warriors management to work with all of us in the city and to really adapt to the kinds of things that we've all shown as the values of our city. it is so important and is so significant because i remind people, this is a private investment of hundreds of millions of dollars. did i say 5 last week? [laughter]

>> i think rick is reminding me it might be north of that a lot more. but what it means, what it means to all of us that are not always on top of all the fiscal things that we have, it means a lot of jobs. and this is so important to all of us, is job creation, job sustaining. and, so, we have some great announcements to make and it continues the effort of making these piers 30-32 to be of greater significance than the decaying piers that we have inherited for so many decades. i'm excited that we're continuing this effort to make sure that the warriors move here, that they build arena, and that they have the season of 2017 on the focus with us to begin their presence, to return to san francisco. today we have another landmark announcement to make, and that is that an agreement has been reached with unite here, which represents -- which is local 2,

represented by mike casey who is here today. and he'll go into a lot of detail with rick welch of the warriors. but generally speaking, not only are we creating jobs, but now we have agreement that these are going to be good-paying jobs because they're going to be union jobs, inside the arena as well as outside the arena. this is important. many of us often talk about labor peace, but i am, i think in these days, talking more about labor confidence and labor happiness because labor peace often says there's a dispute going on. here we're going way beyond dispute. we're actually making some assurances that our people who work the jobs in and outside of the arena will get the respect that they deserve. this is oftentimes -- if we lay that out early, and i think this is what the warriors are

doing, they're breeding confidence in our labor force. not only do you have peace, but you can have confidence that you can have families around you supported by the jobs that we're creating here because they're going to be union-paying jobs. so, according to the fiscal feasibility report that is now on file officially with our city, we have indicated that there will be over 4300 direct jobs that will be created city-wide as a result of the what r warriors arena being in san francisco. and that is over 2600 that are construction jobs and we announced and went into detail about that last week. but today's announcement has a lot to do more with the over 1700 permanent jobs that will be on in the arena as well as on-site at pier 30-32. the golden state warriors have agreed to a card check neutrality across