Every homeowner thinking of home renovations is constantly asking about the cost. It really does depend on what you are doing.
Spend what you can afford to improve the look and feel of your home if you plan on staying there for 5 years or more. If you are planning to sell your house in the near future, there is another way to maximize the return on investment. A Harvard University study found that homeowners in America spend approximately $300 billion annually on home repairs and renovations, such as a kitchen or bathroom remodel.
Remodel professionals advise that you have a thorough house assessment done before your home is remodeled. Home assessments can help you identify potential problems that could come back to haunt your home. It is not a good idea to spend money on aesthetic solutions and then deal with the repair issues later. It is best to first identify any architectural issues and then deal with aesthetic renovations.
Kitchen Remodeling and Other Home Improvement
Ask a realty agent what is the most important part of a house. They will tell you that it is the kitchen. The reason is that most people want to relax in the kitchen. This area is a gathering place for people.
A kitchen remodel that is simple will definitely pay more than a high-end one. An analysis of the cost of remodeling versus its value revealed that a mid-range kitchen remodel will set you back more than $50,000, while property owners make about 37 percent. That’s a 59 percent increase. A high-end kitchen remodel will yield a profit of over $125,000.
Experts believe that the products you choose can make a significant difference in how quickly your home sells and how much. Quartz is the most popular choice for kitchen countertops, followed by granite and marble.
Ceramic and porcelain tiles are better than glass, rock, or quartz for backsplashes. Wood is also a good choice if you plan to alter the floor covering. Wood is preferred over floor tiles or crafted timber.
It is important to choose a premium, unique faucet that reflects your attention to detail.
You might consider replacing the bathtub with a standard-sized shower. You don’t want to ruin your investment. Experts recommend freestanding showers as the best option. According to the record, property owners also love porcelain floor tile. Its stylish score of 86 percent surpasses ceramic tile’s 54 percent and stone’s 52 percent for floor covering.
Sometimes it’s cheaper to add a new bathroom than to remodel your existing one. Midrange products are best if you’re looking to transform your home. This type of remodel typically costs less than $20,000 but provides a higher 70.1 percent return.
Take note of the features that make people go dewy-eyed. “Gone are those days of small showers and bathtubs with air streams. It’s now a more luxurious and structured style, with added body sprayers, customized floor tiles on the flooring, and inlays for specialized details. You can have a spa-like experience at home.
The Front Yard
First impressions are often the best, and this can be true for your home as well. The cost of beautifying your exterior can vary widely. Landscape design, yard treatment and changing the garage or front door are some of the most common upgrades. Over 94% of realtors encourage homeowners to improve the visual appeal of their home before they sell it. The reason is that the front yard is often the first thing home buyers see when they are looking at houses. A space that is attractive would be desirable. While they may have plans to personalize their bathroom or kitchen, a nice-looking outdoor space is something that everyone can agree on.
When you hire Home Remodel Experts, you will get a better ROI on your next kitchen remodel.
Home Remodel Experts
Myrtle Beach, SC 29588