Remodeling is becoming a popular trend simply because homeowners can't afford to move to bigger and better homes. Instead, they are choosing to make the most of what they have in their own homes. Remodeling is really a win/win situation whether you move or not. If you do decide to move, your remodel will help to increase the value of your home. If you do not move, then you get to enjoy the fruits of your labors!
The most popular areas to remodel are also the areas that tend to increase the value of a home. These areas are the bathroom and the kitchen.
Remodeling Your Bathroom
A total make-over of your bathroom can cost as much as $20,000. Of course, you do not have to spend that much money to make a huge difference in the way that your bathroom looks.
Getting new lighting fixtures is one way to improve the way that your bathroom looks. It can also help to give a nice modern look to an old and tired bathroom. You may want to paint your bathroom cabinets and the vanity if you can not afford to replace these items. Finally, a thorough cleaning of the grout can really help to improve the way that your bathroom looks. If any tiles are cracked or broken, you may want to replace them too.
Paint The Walls
Warm colors are very popular now. You may want to paint over the cool, neutral colors that you have in your home and replace these colors with warm, beige, brown, red, bronze, or even a subdued orange.
How to Revive Your Kitchen
A total remodel job for your kitchen can cost tens of thousands of dollars. The key to keeping your remodel job within a certain cost is to do your homework before you begin to remodel. Take a look at local kitchen cabinet stores as well as do it yourself center in your area. You may even want to look online to find out what trends are popular and how much it may cost to create such a look in your kitchen.
Above all else, resist the urge to upgrade beyond what you can get back in re-sale value. For example, if you live in a modest neighborhood, you may want to think long and hard before installing granite counters and expensive hardwood flooring. Chances are that you will never get back the amount of money that you put into the remodel.
Brand new appliances can be expensive. Again, make sure to restrain yourself if you are tempted to purchase top of the line models. Do you really need a three door refrigerator with a television and ice machine? You may be able to get by with a model that is smaller and less costly.
Improve Outdoor Living Spaces
Another great way to improve your home's resale value is to work on creating an outdoor living space. You may want to build a deck where your family can go to socialize or hold cookouts with neighbors and friends. Such a feature will no doubt add value to your home in addition to enlarging your living space.
Looking to sell your home? Christianne is a Guelph Realtor with HomeLife Realty Limited Brokerage. She is highly referred by her clients because of her professional focus, customer service, and friendly personality. Contact her about your home or any property that is in the Guelph MLS listings and she'd be pleased to help you with your needs.
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