Home Improvement Tips: Ways to Increase the Value of Your Home

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Reasons for A Redo

Habitat improvement projects often start with someone who says, "Would not it be nice if …?" Usually followed by a wish for a renovated kitchen or room addition for the space to meet the needs of each family member. More often than not, the reality and dreams do not coincide, because of the limited funds to achieve the dream, or limits on the available space. The trick: turn your dreams into reality. Start with a realistic assessment of your needs. Homeowners generally consider home improvements for one of the following reasons.

You may feel the need to update something out of date. If your kitchen color scheme was perfect a few decades ago but no longer works, now may be a good time to update it.

Some home improvement projects stem from an immediate need to replace broken or ineffective appliances. If a sink, tub or toilet needs to be replaced, consider taking the opportunity to make a makeover on the entire bathroom.

If you are about to sell your home, you want to be sure to get the best price from the sale. This is a great motivation for some home improvement projects.

You have decided that staying on the spot and improving your home is a better option than relocating.

Your family has grown up and you need more space.

Improve to move? or improve to stay?

Evaluate your projects carefully if you improve your house for sale. Cut corners can hurt your prospects rather than help them. But do not go too far either. Potential buyers may prefer not to pay for some of the extras, such as a hot tub or pool. You'd better keep the changes simple.

And remember that buyers who see your home may not share your tastes and may not appreciate the care you took in finding just the right shade of green paint for the walls .

You will find that improving sales is easier if you can think about it from the perspective of the potential buyer: What is important to the buyer? ? Here are some remodeling projects Buyers are likely to find value:

Add or Renovate a Bath

Improve the Kitchen

Add a New Room

Landscaping

Add a Bedroom [19659002] Add or close a garage.

If you are renovating because you want to stay in your home, you should always avoid overhauling it. You will probably want to sell it one day, and even if your house is the best on the block, it can be difficult to convince potential buyers to pay for things you deem important. And when you plan to make improvements, keep in mind the value of other homes in the area. The value of your home should not be more than 20% above average, which means that a kitchen improvement project of $ 10,000 would probably be a better investment than a home improvement. $ 10,000 spa, especially if yours is the only area with a whirlpool.

Home Maintenance vs. Home Improvements

It is unfortunate that some home improvement projects are being undertaken because something has broken down. Replacing a leaky tub may be the first step in a major remodeling of the bath: since the tub needs to be replaced anyway, why not do the whole room?

While this may be a legitimate reason to remodel, avoid basing your home improvement projects on immediate needs. You will be better if you minimize problems with good maintenance. Examine every part of your home at least once a year. Check the roof, plumbing, electrical wiring, etc. As soon as you notice a problem, correct it. Making repairs as soon as you are informed will help you avoid larger expenses later. Keep in mind that maintenance does not add to the value of your home. Usually, repairs are not improvements. they are necessities.

The hiring of professionals can save you time and money

It goes without saying that home projects can be expensive, so you might be tempted to tackle them on their own to save money. This can be a good idea for small projects. You will not have to wait for someone to fit your home into their busy schedule, and you can boast of having done the job yourself.

But unless you're very versatile, the major home improvements are best left to the professionals. If you decide to renovate the kitchen and plan to do the work yourself, will you be able to handle the plumbing, electrical and carpentry work yourself? And do not forget that you will need to finish it quickly, because you will not have cooking as long as it's a "work in progress" and that eating three meals a day in the restaurants could be expensive. Keep in mind, DIY jobs usually take longer. And you will be responsible for obtaining all necessary permits and inspections.

Hiring people who have the required experience can also save you time and money. For example, these professionals can help you get a personalized look by using products in stock, which can save a lot of money. Getting something right the first time will give you a value that lasts for years.

To find qualified and reliable home improvement specialists, check with your friends, business partners and neighbors for recommendations. Always get at least three references, and check them carefully. Also check out the local chapter of the Better Business Bureau or the Chamber of Commerce. Their numbers can be found in the Community Services section of your phone book.

Once you have located the necessary home improvement specialists, make sure everyone agrees on the design, schedule and budget, and get the details in writing in a signed contract.

It is also wise to check professional certificates and licenses, if any, and make sure that the contractors you hire are fully insured and bonded. The building department of your city or town can provide this information. And it's very important that you make sure the contractors have employees. Compensation insurance: If workers are injured on the job, you will not be held responsible if the contractor is covered. Request copies of their insurance certificates. And make sure you or your contractor has all the necessary permits before the work begins. Contact your local planning and zoning commission for more information.

Here is a brief overview of some of the professionals with whom you may need to renovate your home:

Architect: Architects design houses or additions from the foundation to the roof. If your project requires structural changes such as adding or removing walls, or if the design is complex, you will probably need an architect. Since architects may charge hourly or flat fees, be sure to get an estimate of the total cost: developing plans for a major renovation project can take 80 hours or more.

Contractor: The contractor oversees the home improvement project, including hiring and supervision of workers, obtaining necessary permits, ensuring that inspections are carried out at need and provide insurance for the work teams. It's always a good idea to get proposals from one or more reputable contractors, depending on the specific details of your project.

Make sure each contractor has exactly the same plan so they can compare their offers more easily. When you have chosen a contractor, make sure the details of the contract you will pay in stages. Usually, you will pay a third party at the time of signing the contract so that the contractor can purchase supplies. The number and timing of remaining payments will depend on the size of the project. Do not make the final payment until all work has been completed, inspected and approved successfully.

Interior Designers: Interior designers are specialists who provide advice on home furnishings, wall coverings, colors, styles and more. They help you save time by reducing your selection and saving money because they usually receive professional discounts from their suppliers. When meeting an interior architect, be sure to tell him about your style and personal preferences. Expect to pay between $ 50 and $ 150 per hour, or you could negotiate a fixed fee of about 25% of the total project cost.

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Source by Neville Adomi

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