This is the perfect time
to start renovations
Chances are if you’re about to undertake a home renovation project, you’re doing so with your own needs in mind. But with some careful planning, you can both enhance your home’s design and increase it’s value at resale time.
By choosing the right remodeling project, you can boost your chances of recouping what you put into it. This means being knowledgeable about what home renovation projects are most likely to pay off in the area where you live. National trends and local trends indicate the three home renovation projects that tend to pay off the most are:
1. Remodeling the kitchen or bathroom
2. Adding a family room or bathroom
3. Renovating the master bedroom
4. Creating living and entertaining space in the basement
The pay-off from other remodeling projects, such as renovating the attic or basement or adding a deck are also important in secondary home markets like the Hamptons. In order to recoup as much as possible from any home renovation project, keep in mind the following:
Don’t go overboard
You’ve a much better chance of getting a good return on your dollar if you keep your home’s original design intact. Drastically altering its structure can become so expensive that you may never recoup your investment.
Remember curb appeal
When undertaking any home renovation project always keep in mind the impact it’s going to have on your home’s exterior. Curb appeal will count for a lot down the road when put your home on the market. Along with a freshened-up interior, consider also sprucing up the exterior with a coat of fresh paint and some attractive landscaping.
Consider your time line
It’s important to take into consideration how long you plan to live in your home. It’s usually wise to only take on a major home renovation when you plan to stay in your home for several years. If you’re planning to move in the near future, you’re probably safer only making some minor home improvements.
We can help you navigate, plan and execute your remodeling project – and make sure it gets completed on-time, on-budget and with the least amount of stress possible.
Call us today to get started.