To see your home remodeled to a personalized look and style is always worth the money spent. But did you know that it helps in increasing the resale value of the house?
Remodeling homes is a challenging project and requires a lot of investment of time, money, and energy. While planning for the transformation of your home, a lot of planning, finding the right design, material, and above all, a contractor is essential.
There are several spaces in the house that helps in raising the resale price when you think of selling the house –
- Kitchen remodeling
- Bathroom remodeling
- Interior and Exterior Remodeling
- Fresh coat of interior and exterior paint
- Adding room
- Transformation of landscaping
- Entire Home Remodeling
Kitchen, bedrooms, and bathrooms are the major requirement for any buyer. So any renovation in this area will fetch you positive results with higher resale value. Renovating the kitchen to open kitchen, updating the electric wiring, minor changes to the cabinets, countertops, sinks, and flooring are some of the tricks that the house owners invest in. Similarly, storage in the kitchen and bathroom is also a great idea. Increasing the space tends to sell for more money.
Appealing external changes such as front door or garage door replacement, the addition of a wood deck, and stone veneer installation will help the homeowner with an increased resale value. Projecting your house to be extra beautiful in the neighborhood will attract buyers. This could be done by updating the landscape by trimming and replacing the extra grown plants, adding colorful flowering plants that match the home exterior design. The team at Novak Remodeling is certified specialists with many years of experience in the field.
The four major factors to consider while remodeling the house are –
- Cost of the remodeling
- Get planning permission
- Right season for renovation schedule
- Finding the right contractor to get the work done
For a smart homeowner, building, maintaining, remodeling, and renovating the house is just not to make a place for comfortable living but also as an investment to increase wealth through home equity. The value of the house depends on the place it is constructed, features available, and home appreciation at a particular time. Hence a house is always considered a sensible investment. There are various remodeling that might not increase the price of the house could be –
Turning a spare bedroom into a home office – Not all sellers will need a home office as they would not be working from home. Home office installation such as custom cabinets, laminated desktops, and wiring for communication is required only when you work at your home. Hence, it is not worth spending on a home office renovation.
Conversion of a garage into a family room – garage conversion to a family room could be tough while selling the home. Families may turn down the house with lesser car garage space when they need space for more car space.
Screening an outdoor room – A screened outdoor space such as the deck, patio, or porch makes the excellent family entertainment area. But, when you are selling the house, it may not fetch you the desired value, as it is not counted as the additional area of the house.
To summarize, if you are the homeowner looking for higher returns, plan for minor kitchen remodeling, bathroom remodeling, or home interior/exterior remodeling. The buyer might have a different personal taste than yours. Hence, leave the parts such as wallpapers, fixtures, and appliances for the buyer to choose them.