A place to love and a place to grow, a home provides a haven for the family. In addition to being a secure place emotionally, a home is also seen as a secure place financially. With home values going up, owning a home can put you in a better financial position. Here are a few ways to maximize your home’s value.
Kitchen Remodel
A kitchen drastically affects the value of a home. If the kitchen has outdated fixtures, décor and cabinets, the overall value of the house will reflect a lower amount. If the kitchen is updated with new appliances, cabinets, fixtures, and countertops, it will have a positive effect on the value of the house.
One reason for this is that the kitchen is one of the most lived-in areas of the house. It is a place where meals are created and memories too. The conversations had and laughs shared in this room the make it a special place in the house. The more attention to details like up-to-date appliances and thoughtfully placed cabinets can make the flow of the kitchen better. Also, décor that is modern can make the overall feel of the kitchen more inviting.
Second Story Additions
Another home addition to consider is adding a second story. It may sound like a lot of work but the benefits can be seen quickly. Second story additions add to the overall square footage of the home. For example, if a home is 1,200 as one-story, a full second story addition will add 1,200 more square feet. This will make the total square footage increase by double. With the extra space, you can add some bedrooms and a bathroom. These will help increase the value of your home.
Adding a second story is also a consideration if you are planning on expanding your family in the future. Rather than wait until you need the space, why not plan for it now so it is ready when you are.
Finding A Remodeling Contractor
It may seem like a daunting task to do a major kitchen remodel or any home addition for that matter. The truth is, it is a big undertaking. It is in your best interests to find a remodeling contractor that can get the job done. Typically, as customers who need a remodeling contractor looking for a one, they look for the best they can find for a good price. But this can be a challenge.
It’s important to get the right background information. The more info you get on a remodeling contractor, the easier it will be to make a good decision. Once you find a few options, you should reach out for four or five phone numbers of references. Then you can call clients and see what kind of service the contractor provided. If possible, try to go and see examples of their work. This will help you make an informed decision. The contractor should be happy to provide references.
Don’t DIY
Because of budget restraints, you may think you need to “do it yourself” for certain elements of the project. Even though it may seem to be more convenient, you may end up working harder than you should instead of just hiring a home remodeling contractor. In the end, it’s all about making your life easier. If you spend too much time trying to do the home remodel on your own, you could end up overexerting yourself.
Stick to Your Budget
You should try to stay within your budget and not spend more than your budget allows. You may have to spend time searching for reasonably priced materials. Keep in mind that you may have no choice but to make sacrifices in order to stay within your budget. If you’re careful to consider all your options, you can find a price you’re satisfied with.
Planning a home addition will be a lot of work. There are benefits that can be realized for the family and financially. IF you take the time to sit down and think about what kind of remodel project you would like to do, make a budget, and hire a great contractor, you will be in a great position to make your home addition dreams come true.