When remodeling your home, one of the first things to think about is whether or not the renovations you have planned will boost your home’s overall value. Putting your renovations to work for you—ensuring that they help make you money in the long run—can be a daunting task, especially when you’re renovating on a budget. Use the five tips listed below as a guide for smart, economical, and budget-friendly ideas when renovating your home. If you need help from an experienced custom home builder and remodeler, contact me today and let’s start a conversation.
1. HAVE A PLAN Before you start on your project, set up a plan that carefully outlines what you hope to accomplish. One way to do this along with organizing your thoughts is to cut out pictures and magazine articles relating your projects. Do some research online not only for ideas and inspiration.
2. CONSIDER SECONDHAND STORES Many towns have discount stores – such as Habitat For Humanity stores – where donated and excess job site items such as lumber, appliances, hardware, and more are sold at a relatively low rate. Saving money on items like this can lower your bottom line while still yielding a beautiful finished project that increases the value of your home.
3. CURB APPEAL MATTERS Increased curb appeal adds lasting value to any home, and can be a project that has minimal costs involved. With a little elbow grease, fresh plants and shrubbery, and new house numbers or light fixtures, your homes exterior will be brightened up and its value increased.
4. SOCIAL MEDIA IS YOUR FRIEND Now more than ever, companies are making use of social media sites like Facebook to reach out to customers with deals and one-time offers. This can be a great way to get a discount on appliances, services such as carpet installation or roofing, and more. The more you save on the initial remodel, the more money will be in your pocket when it comes time to sell your home.
5. LOCATION IS KEY Be sure to take your location into consideration when planning renovations. If you live in a hot climate, green cooling systems are a great investment that will add huge value to your home. Likewise, if your home is in a large development, taking the time to add exterior features that will set your home apart is a great investment.
And remember, always be sure to use a licensed, insured general contractor.
