By Stewart Smith on August 12, 2020 / Accessible design, Aging in place, Awards, Bathroom, Blog, Cabinets, cleaning, Customer Service, Finding A Remodeler, Flooring, Hiring A Remodeler, Kitchen, Licensed Contractors, Outdoor, Planning, Remodel, Roofing, Shop, Showers, Storage, Universal design
Summer is here, and while you probably took care of most of your cleaning tasks in the Spring, it is now time for you to further enhance your property. Specifically, we are talking about remodeling. While these projects appear intimidating on the surface, when done correctly, they can significantly boost the value of your home.
Consider this: According to HomeLight’s report on the 2020 real estate landscape, upgrading to stainless-steel appliances can yield a 141% return on investment, adding a home office yields an 87% return, and privacy fencing often has an ROI of 78%. Considering those figures, you should not be afraid to take on remodeling projects.
Based on the HomeLight findings, kitchen remodels, painting, and landscaping and gardening are the three most popular home improvement projects that property owners are tackling this summer. Although these projects can seem overwhelming, you can use the information below to make them more manageable.
Choosing the right home renovation professionals
Home remodeling projects should not be attempted by one person. They require a team of experts such as a general contractor (the manger that oversees all the remodeling work), specialty tradesman (painters, plumbers, roofers, etc.), a handyman (generalists that can take on a variety of high-level tasks), and an interior designer (the professional who ensures that the remodel fits into your desired aesthetics).
In addition to those experts, if you have a large remodeling project (e.g. gutting sections of your home, making significant structural changes), you should consider speaking with a professional remodeler. They create an overarching vision for your remodel and ensure that all the moving parts piece together when complete.
Developing a home remodel strategy
Given the fact that every home is different, when you begin your remodeling projects, it is important to begin your remodeling projects with a plan and consider what buyers are looking for. For example, if you want to make your home feel more spacious and welcoming, an open floor plan is worth exploring.
Even just removing a non-load-bearing wall (i.e. a wall that does not support the weight of the floor or roof above) can modernize your space.
Homebuyers are also looking for neutral color palates in their home. Faux wood laminate flooring, matte black cabinet fixtures, and neutral linen curtains are all great décor options. If you have a larger budget, we suggest installing hardwood floors as 54% of homebuyers are willing to pay a premium when it is already installed.
In addition to your living room, you should explore upgrading your kitchen. Adding stone or quartz countertops, white subway tiles, stainless steel appliances, and brushed stainless steel or matte black hardware are a few of the most effective ways to improve your space.
You can also complement extensive upgrades by replacing cabinet knobs with handles, installing LED rope lights under your cabinets, and purchasing a sink made of stainless steel or enamel.
Finally, don’t forget to invest in landscaping as it can deliver up to a 10% boost to your home’s value. For example, adding shrubs, trees, and hedges to boost privacy are a worthwhile project if your home is near a busy street or in a planned community where you are not allowed to add a fence.
This post was provided by our friends at HomeLight.