4 Home Remodeling Projects To Add Instant Value
Jane bought this old but really cool house that needed remodeling in Massachusetts. She liked it because it had good bones and a decent layout. She knew it would need to be updated, so she started planning out the project. Her first call was to a local Massachusetts remodeling service company to schedule a consultation.
During the consultation, she went over all her hopes and dreams for the house. She wanted to completely renovate the kitchen and bathrooms as well as redo the flooring and paint. As she began to discuss her plans, she talked about all the new state-of-the-art appliances she wanted, how she wanted custom cabinetry, beautiful pendant lighting, skylights, marble countertops, glass tile for the bathrooms, and beautiful hardwood floors throughout the house.
If the Massachusetts remodeling contractor had not guided her during the design consultation, she would have gone overboard on the remodeling project. What she didn’t understand is that there is a tipping point where you can invest more in the updates than the home would ever be worth. Every house has a certain market value range which isn’t just based on how great it is. The value of similar homes which have recently sold in nearby neighborhoods plays a big role in how much a house is worth.
Making decisions about what type of remodeling to do gets complicated. Every homeowner wants to be sure that the updates actually add value to the house because the more equity value you can build up, the easier it is to get a loan against the equity or sell at a higher price.
Here are 4 home remodeling projects that should at least be considered.
Think Energy Efficiency
There are several things you can do to improve the energy efficiency of a home. Installing good insulation, replacing old windows with energy-efficient windows, replacing the doors, and installing insulated siding will add instant value to a home.
Update Old Electrical & Plumbing
This is such a practical suggestion that it seems almost painful when all you want to do is have fun with the remodeling. But fixing the plumbing and updating the electrical system will make a big difference for you as well as any future buyers. If you are remodeling the kitchen or bathrooms, make sure that the plumbing and electrical are updated.
Re-evaluate The Floor Plan & The Amount Of Space
Listen, if one wall stands in the way of a better layout or more space for the kitchen, it should be removed. Anything that opens up the space will add value to the home. Modern homes are not closed up with doors to every room and with narrow, long hallways. Open up the space and transform the look and feel to add instant value. A home addition can also help to accomplish this goal.
Pay Attention To Your Front Door & Curb Appeal
The front door should be the first thing people notice when they drive up to your home. If the entryway is dull and boring or doesn’t have any pizzazz, fix it with a new door and some beautiful paint. The landing and steps of most entryways are dull and grimy concrete. Have the remodeling company lay natural stone or just stain the concrete. Now your home will be appealing and inviting, and you won’t have to keep pressure washing that concrete! Call 1st Choice Home Improvements for more information today!
