Are you thinking about a remodeling project? Do you hope to add value to your home? Is it worth it? Well, it depends. What is your main goal? Do you want to add value to your home, and score on the resale market. Or to you just want to make your home a better place to live? Or maybe you want both. As with any project, planning and research are key to understanding the project and having good success.
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On TV and on the web, you see a lot of estimates of returns in value on home remodeling projects. Sometimes they’ll say you’ll get as high as one-hundred or even one-hundred-fifty percent return on your investment. You can do your own research and decide if you want to believe all that. Often the top estimates for value increase come from people that want to do the projects for you, or make a living doing TV shows about it. But for sure you can increase the value of your home by making some improvements. And most sources agree, kitchen and bathroom remodeling leads the list in cost versus return ratios.
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Kitchen remodeling is a great way to improve your life and add value. While you’re getting the granite counter-tops you’ve been wanting, you can get a great new sink. Under that great sink, you could add a Reverse Osmosis water treatment system. Or you could upgrade that old grinder of a garbage disposal. Whatever task you undertake, don’t forget to consider the plumbing under and behind it all. Don’t just make it look great, make it work great while you are at it.
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If you are fortunate enough to live in a place with great weather to be outside for much of the year, think about adding an outdoor kitchen. Ranging from chef-level luxury to maybe a sort of amplified grilling area, with more cooking and cooling capacity, an outdoor kitchen can really be fun and might be very attractive to buyers with a similar lifestyle.
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In the bathroom, large luxurious tubs are popular with most people. Even if one of your bunch is the type that says, “I only take showers”, there will usually be someone, possibly yourself, longing for of a nice soak with maybe some bubbles. You can hardly go wrong with bathroom upgrades, as long as you stay with what will fit in your space and what is reasonable for the price range in your neighborhood.
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Something to think about, if you are remodeling to increase the value of your home, is the season. With summer approaching, you want to be sure to include ventilation and air conditioning in your evaluation of needed improvements. So make your plans, list your questions, look up the answers, consult a professional, and get ready to dive in. A remodeling project can pay big dividends in home enjoyment as well as home value.