Home renovation and remodeling become imperative every few years to enhance your property’s value and worth. However, it can get stressful and overwhelming. You would have to start planning and completing the renovation project in time. Moreover, a house renovation project includes budgeting, selecting materials, hiring relevant services, and selecting the right furnishings.
A renovation project is more like an investment, on which you can expect an average of 56% ROI, according to RubyHome – for the next decade. Moreover, the home remodeling industry has the potential to reach $432 billion this year, which is a 17% increase from 2021. It is mostly COVID-19 that has forced everyone to halt such activities, leading to a greater pushover this year.
You can either go for a DIY (Do-It-Yourself) project, hire a pro or use a combination of both. This blog will guide you and provide sound advice on using good quality materials while staying within your budget.
Additionally, Zippa explains that since 59% of all US homes are as old as 1980, a complete makeover could be necessary for such old properties. Therefore, let us consider some major factors in a home renovation project.
Focus on the Exterior
Before moving to the home interior, you must begin with the house exterior. It includes:
- Redesigning and Repainting
- Fixing the Garage and the Shed
- Fixing the Rooftop
You will find several contractors in your area for the job, including the best Denver roofing contractors to ensure insulation and the latest built-in roof technology. Roofs probably sustain the most damage from weather conditions or natural disasters and are the hardest to reach and clean. Therefore, you must pay definite attention to it when renovating your house.
When it comes to redesigning and repainting, consider the latest trends, colors, and patterns. Make sure you choose weather-resistant paint and prepare the wall with bricks and cement before you go for the paint job. It will ensure the strength of the walls. Also, go for modern windows, plants, and fresh flowers to elevate the exterior.
Ensure that the front and back pavement has the right material that is easy to clean.
Determine Your Reason for Remodeling
Some people go for remodeling projects before planning to sell their property. Others do it to add more room for themselves or if their family is expanding. You may even go for it if the house demeanor is too old or worn out.
Whatever the reason is, you need to determine it before moving forward. All your planning, budgeting, and material needs would depend on it. If you plan to sell your property, you may have to remove all your furniture and belongings. You may also use new sanitary fittings and water and gas pipes or install new tiles and fixtures to enhance the property value.
Alternatively, your contractor may have to tear down walls to build new rooms if you plan to make additional space. You would have to make adjustments accordingly.
Determine Your Style
Before beginning to go for a remodeling project, go through some latest styles and designs to see what fits your needs and functionality. Consider your home’s current condition and visualize what you want it to be.
List down the fundamental things and design aesthetics of your preference. Do you want a minimalist living space, or are you looking for spacious living rooms and a kitchen? You would also have to consider your family member’s style and routine. For example, your family might like to eat dinner in front of the TV. Many families prefer having a single space for the kitchen, dining hall, and living room. It makes it easier to move around since most people spend their time in these places.
Whether you want a modern kitchen, a customized bedroom design, or a themed kids’ room, determining your style and your family’s style is a must.
Set a Budget
No matter how small or large your budget is, you must set aside a certain amount for your home remodeling project. That way, you can monitor where your money is going and how much you spent on each element.
If you are going for the remodeling of the entire house, it is probably not going to be a cheap one. You may incur some additional costs during the project in the form of:
- Additional tiles or fixtures
- High-quality material
- Moving your family to a different location for a few days
- Storage cost
- Interest rate if you borrowed money for the project
- Additional land tax for home expansion
Before beginning the project, you must consider all the costs and set a budget. That way, you would have an estimate of your costs and can add or cut down according to your affordability.
Select the Right Builder for the Reconstruction
If your home remodeling project requires major structural changes and reconstruction, you should hire a contractor or a builder. Not only would they do all the heavy lifting, but they would also provide you with their professional expertise and consultation.
In addition, if you communicate all your needs to them, they might show you designs and styles that better suit your needs and taste. They would also know how much the materials would cost so that you can decide accordingly.
To select the right builder, read their reviews, ask for recommendations and look at their previous projects to determine their experience. It is important to select the builder that understands your needs and provides quality service.
Consider the Time the Project Would Take
Complete home renovations can take a lot of time. Alternatively, it might take less time if you only go for a part of your house remodeling and the nature of the project. It would be best if you considered the timing because it might disrupt your living situation for a while.
If you have to move your family because of the reconstruction, you must consider appropriate accommodation. Alternatively, if your entire kitchen is under construction, you may have to shift your cooking activities elsewhere or to the backyard.
Therefore, consider how long the project would take so that you can take the necessary measures.
Considering some important things before a home renovation project would be best. It would help if you determined your reason for the remodeling. Focus on the exterior of your house. Determine your style and select the right designs.
- About the Author
Alex Grigoryan is a Professional Home Improvement and Lifestyle Writer. He has been in the industry for over 6 years and has been writing for Chique Home Living since 2019. His work has been featured in prestigious blogs such as Spruce Home, Better Homes & Garden, and more.