Remodel! This is seeming to be a theme with many clients lately. More often than not, new owners of a previously owned home want to make changes or remodel a portion of their new home. These remodels and updates can be in the form of paint, or even as far as new flooring, master bathrooms, kitchens and more. Really it all depends on how closely the owners were able to select a home that suited their style. Many times, owners are merely wanting the bones to fit, and then they want to make the interiors their own. This can sometimes seem to be a small expense but often can inflate homeownership. But with the right remodels in the right market, owners can see their values increase. Some remodels can really help drive the value of a home. If you’re looking to bring a return on your investment, consider some of these upgrades to your home:
- Master bathroom
- New floors
These types of upgrades really seem to gain dollars not just deplete them, of course if you don’t over-do it for your home. Aligning the style and bringing these items up-to-date can make a world of difference. I’ve found that many of the following remodeled items don’t always bring the return most imagine:
No matter what you chose to remodel remember to keep a balance in mind. Consider how long you plan to stay in the home and whether you plan to resell it in a short period of time. When updating and flipping it’s important to spend the right amount of money on key things.
Even if you chose to upgrade, a mere upgrade doesn’t win the gold. Chasing the right style, colors, and level of quality that compliments or brings your home to another level is essential. Sometimes owners, attempting to create a style on their own, will chose non-neutral, eccentric finishes that are completely different than the architecture and style of the home. Let’s be real, purple carpet in a English Tudor, probably isn’t gonna be a great idea. So chose carefully. Make sure the style you’re going after flows throughout your space. Don’t make each room a different style, color, and statement. The best homes (like models) flow seamlessly and each room maintains a thematic palette.
If you’re unsure of your choices or don’t know where to start, start with a professional who can help you get the most bang for your buck.
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