The term, home renovations, home renovation or refurbishing is usually the phrase used in association with the act of improving or making changes to one’s own home. Home renovation may include projects which update an existing home exterior, interior or any other significant improvements on the property to make it more comfortable and/or livable. Some homeowners choose to completely renovate their homes while others choose to only update certain aspects such as the decor and the like. It could also be taken to mean adding extra space to the home. In some occasions, this would also cover extending the already existing features of the home like the garden, backyard or even swimming pool area. Whatever it may be called, home renovations are a big project that requires ample planning.
One of the most common features that are included in home renovations is major renovations like repainting, adding new furniture and lighting fixtures, getting rid of old electrical wiring systems and getting new water and gas lines. While these are fairly obvious features, but you would be surprised at how many people overlook them. When people come to know about what they have to do for the home renovations, they tend to ask questions or make assumptions on how to accomplish the project without going through major difficulties. For example, repainting a room or rooms in the house is pretty easy to do but if you’re thinking about changing the entire home interior from top to bottom including adding a new roof, the plumbing, adding a new floor covering, the tiling, removing the old light fixtures, putting new carpet and installing new light fixtures – that’s a whole new story to tell! Thus, it is important that you come up with a comprehensive plan on how to accomplish the home renovations in a manner which will not be too burdensome for you and your family. For this, you might want to consider looking into the following home renovations:
Adding value to your home renovations is one of the best ways to increase the selling price of your house. When buyers come across homes with great construction and great upgrades, they tend to think that the home renovations were done by a real professional to increase the resale value of the property. Some common upgrades that you can make to add value to your home renovations include: Adding bathrooms and kitchen cabinets, extending the floor covering or adding carpets and rugs to flooring that will help the area look bigger. On the other hand, some potential buyers might not be able to see the potential value of your home renovations and your existing carpet and rugs.
The first step in adding value to your home renovations is by replacing the appliances, cabinets, and plumbing. The second step is by replacing all the hardware including the faucets, painting the walls, adding glass surfaces, repainting the trim and appliances and adding the ROC (room occupancy tax) to your taxes. The ROC works as a form of tax rebate system wherein the government pays you for every unused room in your house. Thus, you can calculate the amount you will be paying for your home renovations from your total receipts every year.
Another thing you can do to add value to your home renovations is to replace the current master suite with a high-end suite that is comparable to the upgrades previously described above. If you think you do not need to make major renovations, then consider improving your kitchen, bathrooms, and porch. These can definitely make a difference in the overall look and feel of your house. If you feel you need to make major home renovations to your home, you should discuss these options with your contractor.
You may want to add some polish and show to your home with some professional home renovations. There are actually many DIY projects you can take on to increase the value of your home. Most home renovation reality shows focus on the kitchen and bathrooms. In this reality series, homeowners who are willing to invest in their homes spend considerable time making improvements to these areas of their homes. In one of the episodes, a competitor who remodeled his home for the first time was seen renovating the basement.
It would appear that the winner of this competition remodeled his home by simply adding attic insulation. Another competitor did not even bother to remodel his attic, and instead focused on removing flooring and putting in new flooring with carpet. In most cases, home renovations that focus on attic insulation will actually cost less than hiring professionals to do the job. When considering home renovations that will add value to your home, be sure to look at the costs of each renovation idea.
In any case, when deciding which home renovation project to take on, it’s best to evaluate which home renovations are more important to you. The most obvious renovation projects are ones that will add value to your home. You should also consider things such as whether you’re replacing a floor or installing an attic insulation system. If you are replacing floors, it’s a good idea to consider how the floor will fare against wear and tear. Finally, when you’re planning a minor kitchen remodel projects, such as installing new countertops, sinks and lighting fixtures, it’s a good idea to consider how installing these items will affect the appearance of your home as well as the comfort of your family.