If you’re thinking of making renovations to your home, there are four questions you need to take into consideration:
What type of return will you get?
Are you over-renovating for your neighborhood?
What is the project going to cost you?
How much longer are you going to stay in the house?
Asking these questions will give you a good idea of which renovations are appropriate in your situation.
Kitchen and bathroom renovations and changing your flooring will give you the highest return on your investment. Other renovations are more likely to get your home up to speed with where the rest of the neighborhood is going if your home is a little older. These types of renovations can easily be done, but don’t forget to look at the cost of what you’re putting into the house.
We can provide you with free information about the ins and outs of home renovation.
If you’re selling soon, look at the latest renovation trends from homes that have already sold and talk to an agent about what you want to do and what you want to spend. You’ll never get a dollar-for-dollar return on your investment, but we can advise you on what makes sense. If you plan on staying in your home for a long time, make renovations you’ll enjoy, but also do something neutral that the majority of the population will love when they walk into your home when it’s time to sell.
Even if you just bought a home and you want a little feedback in terms of what it can look like long-term and when you want to sell it, we can provide you with free information about the ins and outs of home renovation.
If you’d like more home renovation ideas and suggestions or you have any more questions about this topic, don’t hesitate to get in touch with us. We’d love to help you.