Remodeling Birmingham’s Homes
I love the variety of homes in the Birmingham area, from the stunning homes in Vestavia Hills and the glorious old homes downtown to the undeniably charming homes of the Cahaba Project in historic Trussville, there is something for everyone. But no matter how charming a home is, there is going to come a time when a homeowner wants, or needs, to renovate. Whether a homeowner wants to preserve the original charm of their home or completely upgrade to modern design standards is a personal choice but there are some good guidelines for getting the most out of a home remodeling project.
Add Value To Your Home With These Three Renovations
Home repairs are frequently stressful and usually require a significant amount of financial capital. It’s not uncommon for average upgrades to require a minimum of a few thousand dollars. If you’re looking at remodeling your house, a project like that can easily cost tens if not hundreds of thousands of dollars. When doing renovations, homeowners need to be aware of whether or not a particular project will add to the resale value to the home. Some projects such as replacing the plumbing tend not to impact the home’s worth too much. Other projects increase the selling price of your home. In particular, improvements to the bathroom, kitchen, and painting tend to bump up the value of the house by at least what you spent to make the upgrade come sale time. Plus, if you’re not looking to sell, a nice remodel can make the whole house feel wonderful to live in.
Bathroom Renovations
Remodeling the bathroom is often the best bet if you’re looking for a renovation that looks good and also increases the resale price of your home. Part of the reason why this is such a good project is that it is very flexible. Doing something as simple as re-caulking the tile and replacing the mirror can give the room a much “newer” feel for a relatively small expense. Upgrading the toilet or the bathtub tend to be more extensive projects, but even they are not super expensive. On the other hand, if you want to spend $10,000 or more, you can completely renovate the restroom with brand new fixtures, paint, tile, and lighting. While such an investment may seem like a steep sum of money, the truth is that usually whatever you put into the new restroom you will increase your sales price by that same amount. So if you spend $10,000 on the project, your home’s value will go up by $10,000. The reason for this is that prospective buyers are naturally drawn to homes with new and clean looking bathrooms.
Kitchen Renovations
Another major selling point of any home is the kitchen. Usually, any project that upgrades the kitchen is a safe bet when it comes to increasing your home’s value. Often, you can improve the kitchen superficially for a higher ROI. For example, instead of completely replacing the cabinets, it is usually much cheaper just to stain and paint them. That makes them look new without actually requiring the expense of new cabinets. Also, instead of replacing the countertops, sometimes all that is needed is a deep clean, or a quick facade. Replacing appliances can also be a significant investment, but prospective buyers are often willing to pay for kitchen appliances that are in pristine condition.
New Paint
Obviously, one of the best ways to improve your home’s value is to put a fresh coat of paint on the walls. A new coat of paint makes the house feel modern and updated. Colors create a mood, bright and lively, or bold and dramatic. Painting can be especially effective if you have an older home with paint colors that are not in style anymore or if you have imperfections on your walls that need to be hidden. A fresh coat of paint is often essential if you are selling the home after raising kids. After all, no-one wants to buy a house with crayon writing all over the walls. The appeal of a fresh coat of paint is undeniable.
Homeowners can do many renovations, but these three add real value to their properties. Usually, the most visible improvements are the ones that add the most profit. Replacing insulation or upgrading the electrical work are often great upgrades but people rarely bid excessively high amounts of money because the breaker panel is impressive. Instead, they make offers because the paint looks superb or the appliances are brand new. The kitchen and the restroom are where most buyers either fall in love with the house or decide not to make an offer. Focusing your energy on renovating there will result in the biggest bang for your buck.
Exciting Bathroom Remodeling Trends
