Most of us can ramble off a quick list of home improvements we’d like to have completed in our homes, and most contractors are willing to complete our tasks if we agree to their fees. But, does what you want to do make sense? Does it add value to your home? Will you be able to recoup the costs when you sell? All of this should be considered before you dive in to any home addition or remodeling project. Below, is a little advice on where to put your money when making improvements to your home.
Kitchens: Updating your cabinets, hardware, countertops, and appliances should be on the top of your list. Most buyers are looking for modern, up-to-date kitchens, so by doing this, you will add value to your home. It has been said that you can recoup up to 60% of these costs with smart planning. Be sure to choose styles that blend well with the rest of your home and you may even consider your neighborhood. You wouldn’t want to go ultra-modern if you live in a historic home and community. This may deter buyers when it’s time to sell your home.
Bathrooms: Adding or remodeling your bathroom should also be on the top of your list. The minimum number of bathrooms in any home should be 1.5 but these days it’s not unusual to find a private bath adjacent to each bedroom. The cost of remodeling your bathroom will vary widely depending on its size, and the elements you decide to include, so it’s best to do your homework and get sound estimates before diving into any full or half bath renovation. Visit https://www.homeadvisor.com/cost/bathrooms/#rshower where you’ll find examples of installation material costs.
Bedrooms: If you need additional sleeping space, then it’s a smart idea to add another bedroom. Keep in mind that this space must include a window and door. You can’t just throw up a few walls and label it. Hire an experienced draftsman that will draw out your plans considering all elements of your current structure, and ensuring a smooth delivery of the project. Consider adding a large en suite and walk-in closet to your master, which will add comfort, convenience, storage and an ease of living for the room's occupants.
Living Rooms/Great Rooms: Open up your space by removing non-load-bearing walls where possible. Today’s buyers tend to be looking for open floor plans with well-lit rooms. Creating a seamless flow from the kitchen to the family room is a great way to keep the family together as well as making entertaining easy and effortless. Stay consistent with the style of your finishings. Make sure that they flow well with the rest of your space.
Outdoor Space: Decks, porches, and patios are all big winners. After sitting in an office for 8 hours a day, it’s definitely a plus to come home and relax outside. These additions extend the living space of your home and become a favorite spot to not only relax but entertain. Outdoor kitchens, fireplaces, and pits have become common, creating living spaces to dine in and relax after hours. Covered and screen porches and three season rooms are great for the shore where the view and bugs are big.
Windows and Doors: Updating your windows and doors with energy efficient replacements is a smart decision for any homeowner. It will not only add value to your home but will save you money on your monthly bills. A new roof or siding will refresh your curb appeal and will protect your home from the elements.
If you’re considering any addition or renovation project, it’s a smart idea to do your homework. Find out what other homes similar to yours are selling for and what homes with upgrades are selling for. This will give you an idea of what you can safely invest in your improvements. Knowing that you can’t always put a price tag on “quality of life”, you may choose to make your home improvements without the promise of getting a return on your investment. If your plan is to live in your home and enjoy it, the everyday comfort that you create may be all you need.
At Paquin Design/Build, we are here to answer questions or assist you with any and all of your remodeling or renovation questions. Don’t hesitate to give us a call at 410-643-7811 or visit paquindesignbuild.com