R is for Remodel

In Homeowners by Doug Phelps

The prospect of remodeling your home can be intimidating. It’s natural to worry about the time, inconvenience, and financial burden of a home remodel.  But remodeling can be a wonderful option to increase the value of your home, especially if you are thinking about selling in today’s competitive housing market or planning to stay put for a long time.

Why Remodel?

There are so many reasons to consider a home remodel beyond the sale potential. For example, you might consider increasing the functionality of your bathroom, kitchen, or laundry room. Or consider finishing your basement for extra space.

If you’re coming close to retirement, consider remodeling for age-in-place features, like bathtubs with easy step-in showers.

Going green with your remodel, like adding energy-efficient windows, could save you money in utilities.

What Should I Remodel First?

If you’re going to pick just one area of your home to remodel, consider the bathroom or the kitchen. According to HGTV, a bathroom remodel has an average return of 102% on remodel. Similarly, a minor kitchen remodel can have an average return of 98.5%.

Landscaping and exterior improvements, like painting and siding, can also be an advantageous move. Add some eye-catching details and increase your curb appeal.  

If you would like any further advice please do contact me, I would be happy to help