Remodeling your home is a great way to give it a fresh, new look and to also improve its value for an upcoming sale. Whether you are planning to live in your home for a few more months or a few more years, any upgrades you do in a remodel will be appreciated by you or the home's new owners. No matter the reason for your home remodels, here are two improvements you can make to your home to help boost its value.
Your kitchen truly is the heart of your home, and in many families, it is the area where everyone gathers each day for a meal and conversation. Your kitchen also contains a lot of important appliances, storage equipment, and decorative fixtures. Because your home's kitchen is such an important room to your home, its condition affects the value of your home pretty well.
If you are considering selling your home in the near future, you may want to complete some remodeling updates specifically to your kitchen to give your home a boost in value. In fact, according to a recent study, making some updates to your kitchen can give you a return on your remodeling investment at just over 81 percent. So, for example, if you spend an average of a bit over $21,000 remodeling your kitchen, your home's value should increase up to just over $17,000.
But it is important to make sure you select the right types of upgrades to use in your kitchen remodel. You don't want to upgrade all appliances and flooring, for example, to high-end appliances and expensive marble flooring, especially if your area's real estate market does not support these upgrades. Instead, look to make some minor updates to give your kitchen a look and improved look without going over the top in its cost.
Talk to a local remodeling company or a contractor to find out what homeowners and buyers are looking for in terms of their kitchen features, appliances, and fixtures. You might find out that stainless steel appliances are no longer as sought after as they once were, but instead you should update your kitchen appliances with new ones that match one another. You may also consider updating the lighting fixtures and faucet in the kitchen to help boost its value the most.
It is helpful to save on your remodeling budget when you can and avoid more expensive upgrades to features in the kitchen. For example, replacing your kitchen cabinets and hardware is one of the most expensive kitchen remodel projects, so if you can refinish or paint over the existing cabinets, you can restore the cabinets to give your kitchen an improved appearance while saving some money to put elsewhere. Instead, you can use the budget to replace the flooring to an engineered hardwood that is moisture-resistant, which can be a good feature in the kitchen. Then, install a backsplash made of decorative tiles over your kitchen's plain painted wall.
Learn more from a company that offers kitchen remodeling services.
The bathrooms in your home are another important area that your home will benefit from a large amount from a remodel. And not just by remodeling the fixtures, vanity, and shower. Although these areas will give the room an upgrade, you can add more specific features to the bathroom to make it more universally accessible to all people, including handicapped, elderly, or those with other types of disabilities.
While you are remodeling your bathroom, take some time to widen the doorway to accommodate a wheelchair, and install grab bars around the toilet and shower stall. Then, switch out the standard bathtub for a walk-in shower, and lowering the light switches. The U.S. population of 2012 is estimated to be nearly double by the year 2050, as more people are living longer today, and it can be beneficial to update your bathroom to accommodate this.