Whether you’re planning to remodel your home for yourself or are looking to add value with a renovation project, there are several things you should consider before starting the work. These include the project’s cost, the level of difficulty and the overall resale value.
Identify Your Goals
A home remodeling project is an excellent opportunity to make changes that enhance the functionality of your home and give it a fresh look, but the process can be daunting. Before you start, it’s important to decide exactly what you want your new space to be and how it will fit into the rest of your home. It’s also a good idea to research your options so you can find a solution that fits with both your budget and needs.
Plan Out Your Design
Before you begin your project, take time to create a detailed, well-thought-out design. This will help you avoid compromising on features or making unnecessary changes that won’t work out. A good design will include a clear vision for the new space as well as details like traffic patterns, furniture size and placement, colors and lighting.
Consider Resale Value
Besides adding function and value to your home, a renovation can help you get the most money back when it comes time to sell. According to Remodeling Magazine, projects that improve a home’s aesthetic or make it more energy efficient can increase resale value by about 75 percent or more.
Resale Value isn’t always the most important factor when choosing a renovation, but it can play an important role in your decision-making process. If you plan to sell your home within a few years, it’s a good idea to include renovations that will raise its resale value, such as new windows or doors.
Consider Your Neighborhood
Before deciding which type of remodeling you should do, consider your local market. The cost of renovations varies from area to area, says Mark Lavinder, director of operations for the National Association of Realtors. This is due to factors such as supply chain delays and a shortage of skilled labor.
Asking Friends and Family for Help
If you’re looking to save on costs, consider hiring friends and relatives for labor. However, be careful not to let them help with heavy lifting or other tasks that can cause damage or injury.
Shop for Materials
One of the easiest ways to save on a home remodeling project is to shop around for deals. For instance, This Old House notes that some of the best prices on insulation can be found at recycling centers or Habitat for Humanity’s ReStore. This will help you avoid the high prices you might see at a big-box store, while keeping the look you’re going for.
Be Sure to Measure Your Project correctly
If you decide to DIY your home remodeling project, it’s essential that you have accurate measurements. If you don’t, you could end up with a room that doesn’t fit properly and have to buy more materials than you originally planned.
The best way to remodel your house is to plan the project carefully, keeping in mind what you want and what you can afford. It is also a good idea to hire the best St. Petersburg home remodeling contractor who will ensure that the work is completed to your satisfaction.