Biggest Bang for The Buck
The Best Remodeling projects
Home Remodeling Projects That Add Value to The Home
The savvy homeowner constantly strives to keep their abode in pristine condition. This is not just because they are proud of their homeowner status, but they want their home to be a reflection of themselves – neat, clean and orderly. Every homeowner knows that it is important to perform regular maintenance on the home to keep small problems from becoming larger problems. Keeping the home maintained also involves updating it from time to time. That’s not just replenishing overgrown bushes with smaller ones or rotating the porch pots – sometimes a little Remodeling is in order, such as new siding, windows replacement and insulation. For people who plan to stay in their homes, investing in those projects will glean more money for you as the homeowner down the road, not just for you as the potential home seller. And summer is the best time to engage in a home remodeling project. For more tips about summer remodeling projects continue reading.
Some Projects Add More Value Than Others
Types of Remodeling Projects
Not all types of Remodeling will garner you a larger resale price down the road. Sure, you may not be interested in selling your home right now, but, you never know what the future brings. A new job, new opportunities, a family crisis … therefore any new Remodeling should be considered a permanent investment in the future of your home. Look below to see some of the most-popular home remodeling jobs and how they rate in the eventual resale value of your home. You’ll be very surprised to see that in most cases, the cost to make the improvement is much greater than the eventual home value gained. So read on to find out Remodeling projects that’ll give you more bang for your buck.
A New Front Door
Getting more bang for your buck for home Remodeling doesn’t always need to break the bank. Take for example, the simple improvement of adding a new front door. It’s time to rid yourself of that austere-looking steel door or dilapidated front door, and purchase a beautiful oak door with stained glass insets, you will add 96.6% of the amount you spent to the value of your home.
If you do not have the budget to replace the door you can simply paint the front door. A Newly painted front door looks great and adds value to the home
Kitchen Remodeling Projects
Realtors and remodelers will tell you that the two top rooms that reap a significant payoff at resale time are kitchens and baths. Kitchen projects yield a higher return than bath projects.
Kitchens are important, since potential buyers often overestimate their eventual costs to update and revamp this room. An average minor kitchen remodel (i.e. new stone counters or cabinetry) could add 82.7% of the project’s cost back to the home’s value. An average major kitchen remodel (i.e. new cabinet doors, appliances, countertops, sink, faucet, paint and hardware is approximately $19,000.00 nationwide). Kitchen projects can be done much less costly than a buyer would assume. It is important to note that any remodeling efforts added to a home, should be done in comparison to the entire value of the home. A homeowner would therefore look to spend about 25% of their home’s value to renovate the kitchen – no more. Kitchen Remodeling projects, especially those with a modern “theme” should not be undertaken if you live in a 100-year-old Tudor home for example. Putting ultra-modern appliances like a sleek stainless-steel-and-chrome-look into an older, stately home, will not add value, and instead detracts from the home’s value.
Bathroom Remodeling Projects
Bathroom remodeling projects come in all shapes and sizes, on the lower end you have things such as bathroom painting, or the installation of a new sink or fixtures, this is a less expensive project and will give you a smaller return on your investment. Although it may be a good idea to paint your bathroom in order to protect the walls from mold. On the higher end of bathroom Remodeling the choices are limitless, you have everything from custom tile walls, to heated floors to custom glass shower enclosures. One of my personal favorite bathroom design features is a custom glass shower enclosure, these look great and add value. When it comes to installing a glass shower enclosure the key thing is to choose a good contractor that knows how to do the job right. If you live in New Jersey you should go with a custom glass shower installer in NJ for the best results. A New Jersey shower enclosure installation company will be able to do the job right and will stand by their work.
Yards and Homes
If you’re not a member of a neighborhood kaffeeklatsch or you don’t frequent the neighbor’s homes on a regular basis, then you’d best take a little walk around the neighborhood and be sure to peer in the backyards if possible. The reason for this, is that while certain home improvements pay off regionally, they may not pay off in your neighborhood. For example, a pool may be a necessity in a warm climate but adds no value to a home in New York City. Likewise, if everyone in the neighborhood but you has a pool in the backyard, then by all means you should consider adding one to your backyard for financial security. Sadly, sometimes you must keep up with the Jones’s. You may also replace the garage doors to get a better outside look
Interior Remodeling Projects
Remodeling that don’t require an addition, or expanding the roof and foundation, will give you a cheaper way to add value to the house and get return on that investment. Among those improvements which yield much more than you pay for the Remodeling, would be: converting an attic into a bedroom or adding a powder room adjacent to a bedroom. Some other home Remodeling that additionally give you more bang for your buck are:
• Deck addition (wood): 87.4%
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Attic bedroom: 84.3%
• Garage door replacement: 83.7%
Now, that your interest is piqued as to home Remodeling, why not contact a contractor who specializes in home remodeling.