Tips to follow when remodeling
Whether it’s for personal pleasure or the necessity to compete in the housing market, home remodels can be overwhelming and expensive. The good news is that the investment return on remodels has been inclining every year, but the bad news is that they are still not 100 percent. For this reason, it’s important to take certain steps before committing to any projects.
- Don’t assume your home needs the same changes as specified in magazines, TV, your friends and family, etc.
- Do a personal walk through and make notes of everything you feel could use improvement or more importantly, takes away from the appearance of the house as a whole
- Don’t be quick to assume what needs change. Does the entire kitchen need to be remodeled or would simply replacing the tiles and appliances make the room appear as new?
- Prioritize the desired changes and don’t neglect areas in need
- Make a budget and allot a portion to each part of the house needing projects
- Gravitate towards replacement projects rather than remodeling or adding rooms to save money
- Look over bills and highlight any costs relating to gas or electric that have room to be minimized
- See where you could improve the efficiency and the appearance of your home at the same time
- Think little changes to make big improvements
- Look at all the options, the mid-range to the upscale categories
- Discuss your home value with a local real estate professional
- Get estimates from multiple home local remodelers
Remodeling contractors have high expectations for the future according to a survey by the National Association of the Remodeling Industry. Remodelers reported better business conditions, more inquiries, more requests for bids, more conversions of bids into jobs and a higher value of total jobs compared with the quarter before. As long as you keep organized with the tips mentioned above, you too will benefit from home remodel projects.