Which Home Renovations Will Add Value to Your House?

Which Home Renovations Will Add Value to Your House?
  • Opening Intro -

    Sometimes, renovating the house means solving a given problem, that has been waiting for too long.

    However, if your goal is to add value to your house, in order to potentially sell it a few years down the road, the options you will find below will do the trick.

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You will also be able to enjoy these changes, for the remaining time that you will hold on to your property, as well.

Change the Windows

One of the elements that don’t age well on a house, is the windows. Over the last decade, the changes in this industry have been significant.

Today’s aluminum windows are treated for optimal thermal protection, in order to keep the heat inside the house in winter time, and outside during the warm months of the year. Also, the sizes of windows are not the same as they were.

They now come in extra-large format, so they can let as much natural light in, as possible. This does require better protection against criminals who may want to enter into your house, in your absence.

However, with anti-burglary blinds, they will not even try their hands at it.

Renovate the Kitchen and the Bathrooms

Studies have shown that these two rooms are the most important for home buyers. In most cases, homeowners who renovate them, will recuperate 75% of their investment in the sale price, if they sell it within a few years, after the changes have been done.

Today’s kitchens are yesterday’s living rooms. That is where family and friends meet, to be together and spend a nice evening. Taking out your existing kitchen tops and replacing them with high quality granite worktops can give you more surface area to prepare food, eat or even just socialise.

You can also tear down the wall adjoining the garden, so that you can have a nice view of it, throughout all seasons.

Step 1: Analyze the Numbers

Before you start any kitchen remodeling, run some financial numbers to determine whether your kitchen renovation is a smart investment.

The numbers include the estimated costs, home value assessment, financing costs, and other related calculations.

Review these cost-related issues to kitchen remodeling vs. buying a new home.

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analyze the numbers
estimate the cost of your project
get your home value

 

Step 2: Collect Ideas

The 2nd step for planning a new year kitchen renovation is deciding what you would like to do.

Will it be a –

  • redesigning the kitchen,
  • replacing the kitchen cabinets/counter,
  • putting in an island,
  • replacing your sink and faucet,
  • buying new appliances,
  • re-decorating,
  • or something else.

Start collecting ideas by referencing our collection of ideas: view directory

 

Step 3: Plan the Needed Specs

Step 3 is sketching your ideas on paper (or digitally) and developing the kitchen spec plan.

The spec plan determines what type of kitchen materials and design considerations that will be needed. It will also contain the product specifications for each kitchen remodeling element.

You will use the spec plan and architectural design to bid the project out to a contractor.

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developing the spec plan
sketch remodeling plan
design considerations

 

Step 4: Find a Contractor

Step 4 is finding and negotiating the contract with a kitchen remodeling contractor.

Give your remodeling ideas and specs to a contractor for review and bid analysis. Use the local network (aligned with HomeAdvisor) to find the right contractor for your project.

Review guides for contractor selection and negotiation.

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search kitchen contractors
selecting your contractor checklist
contractor negotiations
contractor evaluation form

 

Step 5: Financing Your Project

Step 5 is arranging financing once you selected the contractor and finalized the contract for your project.

Using the equity value in your home is one of the best financing option for kitchen renovation. Start with a home equity line of credit or use the bank equity program.

Other options may include cash-out refinancing, personal savings, and/or financing from home improvement contractors.

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financing options
getting qualified for financing
negotiate rates

 

Step 6: Manage the Project

Step 6 is where the project begins.

It starts with setting up the work area, removing everything that needs to be replaced, installing plumbing and electrical if needed, putting in the final touches, etc.

It also means working with the contractor, managing the project, and getting the remodeling project inspected before releasing any funds.

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working with the contractor
managing remodeling project
about a home project inspections
find home inspector

 

 

As for the bathrooms, it is considered the best space in order to relax from a hard day’s work, outside the house. Therefore, they need to be enticing you to let go of the stress, while you enjoy a warm bath, or while you are taking care of your beauty treatments.

Colors are of outmost importance, as any aggressive tone should be kept away from this environment.

Handle All Energetic Renovations

If there is one home renovation that you are bound to benefit from, when you sell the house, it is by increasing its energy efficiency. No one wants to buy a home that loses its warm air to the outside, and where you need to live with a winter coat on, in wintertime, even when the heat is on.

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Most of all, no one wants to pay a high energy bill these days, as they can literally be higher than the monthly mortgage payment to the bank. Make sure that the attic is insulated to perfection, and that you have installed new aluminum windows and doors, in order to stop the loss of air to the outside.

Find Home Remodeling Services
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notes

Image credit: which home renovations will add value to your house by envato.com

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