There are many different reasons as to why someone would want to remodel their own home, and sometimes people just want to create a nicer environment for their family when they completely change the kitchen or add an extension to one end of the home. On the other hand, there are a also a large number of individuals who decide to remodel their homes right before they sell. This is because sometimes the amount of money that goes into remodelling the home is less than the increase in value seen in the home when the project is complete. There are plenty of different situations where remodelling an aspect of the home makes sense, but there are also times when things should be left alone. Let’s take a closer look at some of the key decisions you will have to make if you are going to remodel your home to increase its actual value.
Start in the Kitchen
The main thing that you need to realize when it comes to the overall value of your home is that the kitchen is going to be a big deal to anyone who is thinking about buying your home. The kitchen is where most people spend the majority of their time in their homes, and it is also the spot that allows for the highest amount of customization and upgrades. There are basically no limits on what is possible when it comes to upgrading your kitchen, and the only problem you face here is trying to figure out where to start.
The first thing that you may want to upgrade in the kitchen is the counter tops. Add some nice granite to the kitchen usually does the job when it comes to increasing the appeal of the room, and you will also want to make sure that some expensive cabinets are added as well. At the end of the day, adding a lot of expensive aspects to the kitchen is a bit of a trick that works to make a potential buyer think the home is worth much more. You can definitely have someone spend more for a home just by making the kitchen look a bit more extravagant.
In addition to adding new cabinets and counter tops, you may also want to think about updating the appliances. They will definitely look out of date if you are going to upgrade other aspects of the kitchen, so you need to spend the money to get a better oven, fridge, dishwasher and everything else if you are going to improve the value of the home.
Some Things Should Be Left Alone
When it comes to leaving aspects of your home alone, we are really talking about bedrooms and living rooms. Bathrooms and kitchens are really the main areas for improvement for retail value, and these seem to be the two areas of the home that are able to provide a wow factor that is not seen anywhere else. The only change that would make sense for any of the other rooms in the home would be to perhaps at hardwood flooring and getting rid of the carpet.
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