Choosing the Best Remodel
Imagine that you’re stepping into a newly remodeled space in your home for the first time. It feels amazing! What’s more, you know you can count on enjoying the beauty and utility of your investment every day for a long time to come. There’s no doubt that you’ve added value to your home, but just what sort of value is it? Out of the many changes you could have made, how did you choose the best one for you?
How Long Will You Stay?
To begin with, the answer has to do with time. How long do you intend to stay where you are? If you’re in for the long haul, then it only makes sense to make your living space, the house that you own, suit you and your way of life exactly. If, on the other hand, you know that you’ll be selling in a few years, then it’s best to place more weight on the potential resale value of any remodel you undertake.
Start With An Overview
As you consider what type of remodeling to do, having a general sense of what projects cost and how much value they add to your home can help to find the best options. Luckily, the Remodeling Cost vs Value Report, which is published annually, gives just this sort of overview. Its concise, tabular format holds a wealth of general information. We recommend this to anyone who wants to get a general understanding of remodeling costs and opportunities.
Want Great Value? Do Your Homework
To get the greatest value out of your remodel investment, you’ll need more detailed, reliable information. But how can you find it? Well, there are a few ways: talk to local real estate professionals about property values, collect information about your housing market, learn what features are customary in your geographic region and town, and get professional recommendations (Remember, MMTM is here to help).
Integrity and Comfort first
Regardless of the sort of remodel you’re contemplating, it’s essential to consider the overall integrity and long-term comfort of your home before springing for fancy extras. For instance, there’s little point in installing a stunning hardwood floor if a leak in the roof above will soon destroy it. By investing in the essentials, and regularly taking care of maintenance and repairs, you can help to assure the value of your investments.
Likewise, doors and windows that are easy to use and rooms that are accessible and comfortable for you, your family and guests make all the difference from day to day and will almost certainly provide a good return.