This is a question that homeowner’s ask when they are trying to decide what they should do first in their home. Everyone has a long list of things they want to upgrade, update, and renovate.
Maintenance Issues
Before we talk about value, the most important areas of your home to renovate are the maintenance issues. A brand new beautiful white Kitchen may be what you’re dreaming about, but it’s much more important to repair the leaky roof that may drip water onto your brand new beautiful white Kitchen.
Once you have the maintenance of your home under wraps, (so to speak), have taken care of any roofing issues, siding issues, or possible window replacement, etc., then it is time to tackle the big “wants” and “needs” that all homeowners have. 1. What stage is your family in? A good rule of thumb is to analyze what stage your family is in. Do you have young children? Are you newlyweds, or are you closer to being empty nesters? These ALL effect what decision you make on what rooms to renovate. When people have very young children, sometimes the priority is not necessarily adding a new kitchen, as it is to add more living space. A new family room, bonus room, or finishing your basement could help to alleviate some piles of toys and stacks of school crafts that we all have in our houses. These choices may not bring the most value to your home, but they do bring value to the way that we live our lives daily. This is just as important! Now that’s not to say that adding a Family Room to your home doesn’t increase the value depending on your neighborhood, because it may. Your home value may not increase the day that you finish the renovation, but perhaps years later when the market catches up.
Questions to Ask yourself
A good rule of thumb is to analyze what stage your family is in. Do you have young children? Are you newlyweds, or are you closer to being empty nesters? These ALL effect what decision you make on what rooms to renovate. When people have very young children, sometimes the priority is not necessarily adding a new kitchen, as it is to add more living space.
A new family room, bonus room, or finishing your basement could help to alleviate some piles of toys and stacks of school crafts that we all have in our houses. These choices may not bring the most value to your home, but they do bring value to the way that we live our lives daily. This is just as important! Now that’s not to say that adding a Family Room to your home doesn’t increase the value depending on your neighborhood, because it may. Your home value may not increase the day that you finish the renovation, but perhaps years later when the market catches up.
2. Is it Renovation Time?
Now, let’s talk about the Kitchens and Master Bathrooms that we all dream about! The time comes to renovate these spaces when the functions of the existing space begin to fall apart. When your Formica countertops are peeling, your Kitchen faucet is leaking, and your wall ovens no longer self-clean…maybe it’s time to redesign the space to be the most efficient you can afford! From replacing the cabinetry and appliances, to perhaps a new layout, it may pay to call the professionals. They will take the time to make you feel comfortable with the process and help you to make the best decisions possible for your home. Find professionals that make you feel at ease so you can start discussing all aspects of the renovation that you need!
All these things listed can add value to your home when built correctly, and to code by a licensed professional home remodeler like New Dimensions Remodeling. Call us today! Happy New Year from our family to yours!
If you need professional advice call New Dimensions!
