Home remodeling can be done for various reasons including preparing a home for sale, upgrading energy efficiency, renovating to meet the needs of an elderly or disabled person, converting a room to be used for another purpose or just updating the home for comfort and style. If done well, you can get a good return on the money you spend remodeling by improving your home’s value.
Many people take on a home remodeling project when preparing for a sale. This type of remodeling project requires less attention to personal taste and more attention to what current buyers are looking for. It pays to do your homework and find out what types of appliances, counter tops, floor coverings and interior colors are trending. You do not have to buy the most expensive upgrades, but you do need to make your house look like a million bucks. It doesn’t hurt to bring in experts for staging your home, either.
Improving the energy efficiency of your home is also a valid reason for a home remodeling project. You will want to contact your power company to have an energy evaluation before starting the project. They can tell you whether or not you have sufficient insulation, if your windows need to be replaced and make suggestions for the most high-efficiency appliances and heating/air units. You can often find programs that off-set the cost of upgrading less efficient appliances through trade-ins or tax write-offs. Ask your local power company and tax specialist for tips.
As we age, we often need a home that is more handicap accessible. You may need to remove bathtub shower combinations and replace them with walk-in showers and tubs. You may also need to widen walls and doorways so that a wheel-chair can go through them. In the kitchen, you may want to replace larger appliances with smaller ones that are lower and easier to reach from a seated position. You may need to consider lift-chairs in the living room and adjustable beds to make it easier to get up and down.
You may want to consider converting a bedroom into a home-office, home-gym, or craft-room if you are now an empty-nester. Remodeling a basement into a efficiency apartment may be an excellent way to turn your home into an income property. Just be sure you check with your local officials and follow zoning and construction codes before taking in tenants.
A perfectly valid reason to consider remodeling is just to update your space and make it a fresh, new comfortable environment for you and your family. It is human nature to occasionally want something different. It is also an opportunity to repair and replace things that wear out over time. If you use remodeling projects as an opportunity to get rid of things you no longer want or need, you will also be freeing your life and space of things that could be weighing you down.