I’ll never forget the day I walked into my house to see my husband standing in a pile of brick and drywall where my kitchen wall used to be. Sledgehammer in hand, he knocked a few more chunks of wall down as I yelled “what are you doing?!” over the bangs of the hammer. “Just a little kitchen remodel” he replied, nonchalantly, “great for resale” he added. And as much as I hate to admit it that my husband is right, there are certain home improvements that add value to your home.
According to the National Association of Home Builders (NAHB), 2013 showed steady improvement in the remodeling market that is predicted to continue throughout 2014. From minor updates like painting the exterior of the home, to more major undertakings like full kitchen remodels and adding second levels, homeowners are giving their homes a freshening up at an increasing pace, Better Bathrooms & Kitchen have the better team and competitive prices for both small and big renovations.
As a Realtor, I am often asked by clients about the ins and outs of home remodeling. If purchasing an older home, my buyer clients want to know if they do a little work to the property if it will increase the value of the home? My sellers want to know if they update a few things can the fetch a higher price for their house? My answer is the same to both parties–Yes, home remodeling can add value to your home–but in order to reap the benefits you have to do it wisely. These tips have been given to me by Georgia house buying company.
A wise home remodel doesn’t mean just wearing safety glasses while you wield your nail gun (or sledgehammer) in my case. Note, if you are not overly handy, the wisest thing you can do in your home remodel might very well be hiring a professional general contractor. All kidding aside, a wise home improvement looks at current trends in the property market area and takes into account what buyers are looking for in their new homes. It is also important to evaluate what projects will give you the best return historically. For example, replacing your front door or changing the wallpaper of your room. Even if you plan to change wallpaper then make sure you are checking the reviews of the best wallpaper steamers online to make sure you pick a right one for the task. This is actually one of the best ways to not only make your house look good, but yields the highest percentage return on your investment, as well as replacing your roof, roofing energy costs tend to go up with the years, so knowing that you are moving into a house where no roofing replacements are needed is a plus.
Since I am a visual learner, I pulled together this infographic to highlight the home improvements that add value to your home, as well as the top features that buyers are looking for in their new house to help my clients in their “fixer-upper” endeavors.
Happy hammering, friends!