Is it time for you to remodel? Are the surfaces, finishes, and materials in your home worn out? Do you want to add features that will improve your livability? Or is it simply time for a change?
Reasons to Remodel
There are a variety of reasons why you may choose to redesign, restructure, or remodel your home. Whatever your reason, most owners appreciate the benefits of remodeling. According to a National Association of Realtors Remodeling Impact Report, 84% of owners have a greater desire to be in their home after remodeling. It’s true. Owners not only have a greater desire to be in their home after remodeling, but most also express feeling genuinely happier and more satisfied.
Benefits of Remodeling
One of the single most important results from remodeling is better functionality and livability in a home. Additionally, beauty and aesthetics, along with durable and long-lasting results, are significant benefits associated with remodeling.
Choosing the Right Projects
You probably don’t have to be sold on the advantages of remodeling, but how do you decide what the best remodeling projects are for you? Will the time and expense be worth it, and will you recover your costs when you sell? What projects will give you the greatest benefit and the most joy?
Remodeling Impact Report
In 2022, the National Association of Realtors (NAR) calculated a Joy Score for each project based on the happiness homeowners reported with their renovations. They also provided an estimate of the likely dollar value each project would add to the house at resale. Though the actual cost of each remodeling project and cost recovery are influenced by many factors, the Remodeling Impact Report is a wonderful resource that can help you decide which projects make the most sense for you and which ones offer the greatest return on investment.
Steps to Follow When Remodeling
If you decide to remodel, here are some simple steps to follow:
- Outline the Work: Define the scope of the work you want to have done.
- Determine Your Budget: How much you plan to spend will determine the scope of your project.
- Gather Inspiration and Ideas: Consider current trends and look for inspiration from online sources and magazines.
- Interview Contractors and Get Estimates: Be sure to check references and license status before hiring someone.
- Develop a Detailed Plan: A plan will ensure that everyone is on the same page about what needs to be done.
- Create a Timeline: Determine which projects you want to tackle first.
- Select Materials and Finishes Carefully: The right materials and finishes make all the difference.
- Prepare for the Work: Preparing your physical and mental space matters. You’ll have lots of interruptions, noise, hiccups, and delays along the way, so manage your expectations well.
Final Thoughts
You’ll need lots of resources and help, including financial and professional advice. It will take time to sort through all of your remodeling options and to see your project through to completion. It won’t be easy—remodeling and renovations never are—but they are usually worth it.
Ultimately, only you can decide if remodeling is worth your time, money, and sanity. But one thing is certain—remodeling will impact you for years. So, be sure to do your homework and feel free to click on the links below for additional resources:
Leave your opinion here. Please be nice. Your Email address will be kept private, this form is secure and we never spam you.