Design

Guest Post: The Top 3 Cost-Effective Upgrades to Increase Your Home’s Value

Now is the perfect time to sell your home.  It’s imperative to know what sections of your home to upgrade to get top dollar and increase your home’s value.  Home upgrades don’t have to be extensive or expensive.  There are many cost-effective upgrades that can be done that won’t break the bank.  

However, before you start tearing down walls and removing major appliances, it’s imperative to understand which remodeling projects will give you the most return on investment, yet cost you the least amount of money.

Actually, it’s not that difficult to increase the value of your home.  You just need to know where to start.  With these cost-effective tips, it’s easier than you think.

1. Upgrade the Bathroom

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The bathroom is one of the most used areas in your home, and is often one of the most popular selling points when selling your home. If you’re selling your home, you want to display a bathroom that’s attractive and alluring to potential buyers. You also want to ensure that your bathroom is neat, well-designed, and functional. Homebuyers often visualize what it would be like to live in your home, so you want your bathroom to make a good first impression.  It’s not necessary to do an extensive remodel, such as adding an addition.  You just need to take what you have and maximize its’ functionality. One of the main selling points in any room is storage space. Adding wall cabinets to an empty space, or extending cabinets up to the ceiling can make your bathroom look more neat and organized. Instead of wall cabinets, you can add customized armoires that adds warmth to your bathroom.  Upgrading sinks, fixtures, and countertops gives your bathroom a more striking and beautiful look.  One of the most overlooked elements of your bathroom is the flooring.  Upgrading your floors to tile or even heated flooring can make your bathroom more pleasing to homebuyers.  Heated floors are surprisingly easy to install, affordable, and considered a luxury. Additionally, changing lighting can change the overall look of your bathroom.  Replacing overhead lighting with wall mounts gives your bathroom a warm, welcoming feeling.

2. Upgrade the Kitchen

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It’s no surprise that the kitchen is considered the heart of every home.  “When selling your home, it’s one of the biggest selling points, but it also gives you the biggest return of any room in your home”, says Dennis Haws of All Star Construction, Inc. As with the bathroom, another big selling point in any room is storage space.  Adding a pots and pans rack is an easy upgrade that adds space and functionality to your kitchen. Also adding a kitchen island, whether stationary or on rollers, is an extremely valuable piece of furniture that adds not only storage space, but counterspace as well.  If you’re looking to save money, and let’s face it…why wouldn’t you…try painting your old cabinets with faux-wood finish, instead of investing in new ones.  Cabinets and countertops are two of the most expensive kitchen upgrades. The best part is that faux-wood cabinets look contemporary and make it seem like you spent a fortune! Making minor upgrades such as hardware and lighting fixtures can add an extra personal touch to your kitchen to make it a room of beauty.

3. Paint

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Adding a fresh coat of paint to any room is the not only the easiest, but it’s the most lucrative ways to modify any room.  But, stick to the most popular rooms: kitchen, bathroom, and living room, so you don’ t have to paint your entire home. Just be sure to remain neutral, as using vivid colors can be distasteful.  Neutral colors give the room a clean, modern look, allowing homebuyers to imagine themselves in that room…in your home.

So, remember that small upgrades can increase your home’s value.  You don’t necessarily have to extensively renovate or remodel your home to improve your home.  Knowing what rooms to upgrade will help you save not only time, but money in the long-run.


 

About the author: All Star Construction, Inc. is a home remodeling company in Houston that specializes in kitchen remodeling and bathroom remodeling. Visit them at https://allstarconstruction.com.

How to reduce stress during remodeling projects

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It’s the first day of Fall, so hopefully temperatures in the Valley will continue to drop to something a little more comfortable.

If you’ve taken a spin through a grocery store or Target lately, you’ve no doubt seen the festive displays of costumes, candies, and other trinkets. The first day of Fall means one thing: Winter holidays are coming.

Since Phoenix’s mild winter climate allows construction to go on unimpeded, many people may be wondering what it’s like to remodel during the holiday season.

The truth is that holiday season remodels require the same things as any other remodels. But you don’t have to take our word for it. We found an article titled “5 ways to reduce stress during holiday remodels,” and the advice is applicable to any remodeling project.

First, hire an experienced contractor that is familiar with high-quality specialists (*cough, cough*), not one who just promises to beat everyone’s price. Cutting corners doesn’t pay off in the long run.

Next, make sure the lines of communication are open. Discuss all goals, the budget, a timeline, and get a signed contract.

Finally, organize your space. Clear out furniture and storage ahead of time, so that no work is impeded. And if your remodel is going on during the holidays, make sure you grab all of your holiday party decorations for the rest of the house.

More on universal design

Here’s a great story about a young, active couple that uses wheelchairs and their process of building an accessible house in the St. Louis area.

Note that while they opted for a new build and not a remodel, they enlisted the help of a firm with a special passion for universal design. (*cough, cough*)

Have a great week!

Guest Post: Home Buyer Regrets Eradicated with Remodeling

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We’ve all been there. After shelling out big bucks on one single purchase, a wave of remorse hits, indicating that perhaps you should have contemplated your recent transaction more thoroughly. Most items can (fortunately) be returned, but what happens when you devote most of your savings toward something that has no exchange policy whatsoever?

Like any other procurement, home purchases are vulnerable to deferred regret. In fact, over half of all homeowners today feel remorseful over their current home or the process they went through to get it, according to a recent Trulia survey. One-third (33 percent) wish they had chosen something more spacious while a lesser segment (9 percent) feel guilty they didn’t select a smaller home. Over a quarter of all homeowners regret their remodeling decisions, whether going overboard or completely skipping renovations altogether.

Homeowners unhappy in their current residence have two remedies worth contemplating: remodel the current house or move to a new place in the same neighborhood. Consider how the primary two methods of eliminating buyer’s remorse theoretically score for Mesa-area homeowners.

Remodeling Your Phoenix Home

Your renovation choice largely depends on which aspects of your home disappoint you the most. That doesn’t mean you should overlook the importance of resale value. Bathroom and kitchen renovations typically have a positive impact on your home’s price point no matter the location. In the Phoenix metro area specifically, projects that are more likely to generate strong returns include attic insulation (179 percent ROI), basement remodels (84.3 percent ROI), manufactured stone veneer (88.7 percent ROI), and minor kitchen remodels (85.2 percent). Not only do these projects have the potential to satisfy many homeowners’ need for a change, but the initial investment will most likely generate a home price boost down the road.

Moving in the Phoenix Metro

Remodeling costs vary considerably depending on the size of the project, but home prices in the greater Phoenix metro area are also on the rise, making the costs of moving too steep for some. For example, the Gilbert real estate market has been on a steady climb since prices bottomed out in 2012, thanks to the lingering effects of the recession. The median sales price is now $275,000, up from $199,000 just five years ago. Home prices in the Phoenix metro jumped significantly over the past year alone, particularly in the communities of Camelback East (up 7.3 percent), Paradise Valley (up 8.9 percent) and Ahwatukee Foothills (up 7.1 percent). Such progress ordinarily benefits sellers, but homeowners looking to relocate to the same neighborhood might have a difficult time finding a new home within budget. Plus, low housing inventory and highly competitive home buying conditions makes finding your dream home even more problematic.

Rather than relocating and risking lost ROI, homeowners can update their abodes to suit their lifestyle needs to a tee. In addition to the concepts listed above, check out MK Remodeling & Design’s portfolio of past home design projects that could bring a better sense of comfort and harmony to your current residence. To speak with a Mesa remodeling expert, contact MK Remodeling & Design today.


About the author: This post was written by Jennifer Riner of Trulia. To read more about some of the statistics cited in this post, check out Trulia’s blog.