A part of the considerations of remodeling a home is the value that the project adds. Does the project offer that much value in turn for the expenses? Is it really worth it considering the cost? These are just some of the burning questions that homeowners often ask about a home remodel. Is it all really worth it? Just like any endeavor, you have to weigh the pros and cons of each. Here’s a breakdown of the average cost, bare minimum, and what it would take if you went all the way.
Are home improvement projects worth the time and money?
Kitchen remodeling – one of the most common places to be remodeled is the kitchen. There’s a good reason why homeowners choose to do this area first. On one hand, it’s a place where the essential art of cooking takes place. Also, a kitchen wouldn’t be as effective if there’s not a lot of amenities and functionality to go through. On average, remodeling a kitchen can start from $22,145. You might be thinking that this is a blown-up estimate. However, this is based on prices where everything is redone.
Bathroom remodeling – the average cost of remodeling a bathroom is about $9,724. It’s not as high as remodeling a kitchen for obvious reasons. A bathroom doesn’t require as much space as a kitchen would. Also, it doesn’t need to be as detailed as possible with all the smaller touches. Still, nine grand is a huge figure that not everyone has just lying around.
Basement remodeling – you will find a lot of homes that have basements straight out of a horror movie. That’s because remodeling a basement isn’t an option for everyone. Some people just don’t need the space or don’t have any capacity to remodel. On average, a major basement upgrade can start from $19,032. That includes all the bells and whistles that make for a very comfortable basement. However, some people don’t consider a basement upgrade the most suitable home remodel Myrtle Beach for them which brings us to the last area of that also often gets remodeled, the living room.
Living room remodeling – in most homes, not a lot is going on in the living room. That’s the reason why remodeling the living room only costs $7,264. It’s still a significant amount of money, though. However, any home improvement project will set you back a couple of thousand dollars. That’s not even mentioning additional costs if you ramp up the quality of the materials involved.
So, does this all add any real value to the household? This will highly depend on the homeowner’s preferences. If you want to increase the value of your home, think about the upgrades and compare them to what you really need. If you’re in for a more practical enhancement, remodeling sections of your home will definitely add value. If you’re in it just for the looks, you might find just a little bump in value. Over time, trends evolve and what you choose now in terms of looks might be of little value later on. Banking on functionality and practicality will be a lot better in the long run.
In need of a professional home remodeling company for your next project? Call Home Remodel Experts today!
Home Remodel Experts
Myrtle Beach, SC 29577