Home Remodeling Tips to Increase the Value of Your House
If these rooms have been used heavily (no doubt they have) during your ownership of the house
, then it is likely that they will be fairly worn looking and may be out dated in their aesthetic appeal. They may also suffer from cracked tiling, excessive mould and poor plumbing. This is where it may be wiser to subject these areas to a full kitchen or bathroom remodeling.
The cost of doing some major home remodeling work can be easily absorbed by the value increase of the home. However, you should ensure you get an appraisal of how much the home is likely to increase in value before undertaking such an endeavor. Kitchen remodeling can be quite costly if you intend to install a new stove as well as cabinets, bench tops and flooring. Although, sinking ten thousand dollars into the renovation in order to increase the value of the home by twenty thousand dollars is really a no-brainer. If you couple this with the renovations done while bathroom remodeling then you can see that the equity increase minus the cost it is easily justified.
Don't be tempted to remodel your entire house in order to increase its value if you are planning on getting a builder to add on an extension or remove entire portions of the home then you are probably going too far. Home remodeling is just that. It doesn't require you to rebuild the house; it is in essence refurbishing what you already have. Kitchen remodeling will help impress potential buyers because a great deal of time is spent in the kitchen. Bathroom remodeling will also impress potential buyers as it is central to the grooming and cleanliness of the potential buyer. It will allow them to feel confident in the value of the home as it pertains to the structural and aesthetic.
Because these rooms are so important, it can add a great deal of value to the home. If you consider the size of a standard three bedroom home, the bathroom and kitchen make up approximately thirty percent of the living area. If thirty percent of the home is in new (or near new) condition then buyers will feel confident about the rest of the house. It is also a hygiene thing. People don't want to cook or bathe somewhere that has been used by an untold amount of people before them. Kitchen remodeling can help increase the value of a house because of this it also helps compliment any color schemes or themes found throughout the rest of the house in the event you are doing a full home remodeling job. Bathroom remodeling runs along the same vein.
Home Remodeling Tips to Increase the Value of Your House