Planning a home renovation is both an exciting and overwhelming activity for most homeowners. Despite the challenges, renovating your home is among the best decisions in the current real estate sector. Remodeling specific rooms significantly increase your homes’ value, with several studies showing that homeowners can get up to 78 percent return on investment should they decide to sell the property.
Essential Do’s and Don’ts on Your Next Home Renovation Project
Besides, home renovation is an affordable option for most homeowners than purchasing a new property. However, as mentioned, this is confusing and overwhelming, especially deciding on the budget, selecting the perfect style, and choosing the right contractor. Nonetheless, consider the following do’s and don’ts to ace your home renovation project.
Do’s and Don’ts of the Kitchen
Generally, renovating your kitchen is an excellent way of boosting the value of your home. Minor renovations, such as upgrading the kitchen cabinets, painting walls, replacing flooring, and installing new countertops, can net you up to 80 percent in returns. Unlike other rooms or the outdoors, kitchen remodeling basically should give your kitchen a facelift without changing the entire foundation.
Note that undertaking extensive kitchen remodeling does not directly guarantee a high return on investment. As per the recent cost vs. value report, any upscale kitchen renovation leads to an estimated 54% recouped costs. Therefore, before spending on luxury kitchen appliances, granite countertops, hardwood kitchen flooring materials, and the costs of engaging an interior designer, conduct some research to find out how other equally costing homes look like.
Besides, when replacing kitchen appliances, such as dishwashers or fridges, go for energy-efficient options. Energy star-rated products not only save your monthly electricity costs but also make your home attractive to potential buyers. Similarly, consider how your kitchen’s new design will fit in with the entire house. Without a doubt, a modern, upgraded kitchen won’t suit an old home.
Dos and Don’ts in the Outdoors
Improving your outdoor setting is another great way of adding value to your home. Aside from buying some nice planters and canvas arts from the Outdoor Art Pros, you can also try to ditch the sunroom and opt for an outdoor deck. So to say, the 2020 cost vs. value analytics suggests a 72% value increase in homes with a wood deck. However, while a patio or deck gives your home an attractive appeal, a swimming pool does the opposite. For instance, indoor pools cost thousands of dollars to install, but you will unlikely recoup the costs due to expensive electricity and maintenance costs.
However, the value of swimming pools is determined by your locality. For instance, homes in Arizona and Florida with swimming pools are easier to sell. That aside, note that less is more when it comes to achieving the wow factor when landscaping. A nicely kept porch with tiny shrubs is enticing to buyers.
Do’s and Don’ts in the Bathroom
Bathroom renovation is another popular project for homeowners. Like kitchen remodeling, bathroom remodeling or creating a new bathroom significantly boosts the value of your home.
However, going all out to complete this renovation doesn’t lead to huge returns. Installing heated floors, whirlpool tub, and other renovation might seem like a luxury but leads to high maintenance costs, electricity bills, and the need for new hot water tanks. Therefore, carefully evaluate your needs and install only the necessities.
Minimizing Waste during Remodeling
Renovating your home produces insurmountable amounts of waste from various rooms. However, you should think twice before dumping everything into a dumpster or giving them off to your home trash collector. Consider the following do’s and don’ts to repurpose, sell, or donate waste.
- Do resell old appliances and fixtures – thoroughly audit your belongings before renovating your home. Sell or donate old appliances, such as light fixtures, showers, sinks, toilets, and kitchen appliances that are still in good working condition. While selling may take time, you can alternatively repurpose old items, such as vintage sinks.
- Do repurpose cabinets and countertops – you can create additional storage spaces in your basement, workshop, or garage using salvaged cabinets following the kitchen renovation. Reconfigure cabinetry into a custom hutch, upcycle old vanity into freestanding sideboards, and old countertops to make creative laundry folding stations.
- Don’t dispose of flooring – instead of disposing of your old flooring, donate, repurpose, or sell hardwood flooring. When removed still intact, hardwood floors can be beneficial and of immense value. Remove nails protectively to make them safe and easy for the second installment.
- Don’t be quick to dispose of switches and outlets – electrical accessories don’t age quickly, and most of them can be reused after a home renovation. Therefore, before disposing of any switch and electrical outlets, assess their condition for donation or reuse in other areas.
Considering the tips mentioned above will significantly reduce wastage during a renovation. However, you will still need to dispose of some items, especially old installations, such as roofing and damaged doors. If your home has severe or structural damage, you might want to consider selling in its current condition instead of paying an expensive renovation, there are many investors ready to buy your home in “as-is” conditions, such as The Local House Buyers.
Don’t hesitate to contact a local trash collection service, for garbage collection, curbside recycling, bulk item collection, yard waste collection, and other forms of home trash service.