Are you remodeling for the wrong reasons? Many people believe any remodel is a good remodel, and that’s just not correct. Why are you? To improve or update an existing area? To add value to your home? To better meet a need you now have?
Here are some tips on how to do them well so you do indeed update, add value and meet your needs.
1. Check out the value of homes in your neighborhood and their amenities. For example, if your house has one bathroom but other houses have two, adding a bathroom is going to add value. If the houses in your neighborhood are selling for 200,000, investing 50,000 in a kitchen remodel may not increase your home value enough to recoup that expense.
2. Do pay attention to maintenance. There is little value in a great kitchen if there is a bad roof or damp basement. Make sure roof repairs, siding, windows and exterior painting are in good shape before spending money on remodel. Remember structure before luxury.
3. Stick to traditional, natural and neutral changes. If you go with trends, you may need to change those things before you will be able to sell your home. (Remember the colors of decades past?) Upgrades will serve both you and your potential buyer one day, saving you time and money.
4. Don’t do it yourself. Large home improvement projects should be left to pros. Simple updates are fine, but quality workmanship is admired while poor workmanship can lead to a quick loss in value and may sacrifice safety. How many times do you want to remodel the same project?
All remodels aren’t for the better, however a good remodel will add value, save you money and bring more joy and/or efficiency to your life. If you your remodeling project needs the help of professionals, give Stellar Painting & Remodeling a call at 720-981-7827. We can improve the value of your house inside and out!
