Before you begin planning your next home remodel, you want to have at least one goal in mind. Why is that? You want to know what you expect to get out of a remodel before you begin.
What are some remodeling goals?
One of your goals could be to increase your home’s resale value. Another could be to make necessary repairs and make improvements while you’re at it. You could just want to remodel just for the fun of it and you can afford it.
All of the above are reasonable goals. There could be other specific goals, as well, whether they are personal or financial. But these goals are the three remodeling goals that we’ll discuss today.
Remodeling to increase home resale value
Many people have become obsessed with the ROI (Return on Investment) that certain home improvements can net you at the time of sale. What many people forget is that this money usually isn’t realized unless you actually sell the home. However, when it comes to refinancing a home, you can build equity which can help you down the line. So even if you don’t have plans to sell your home in the near future, it is good to be aware of how your home’s equity is affected by certain improvements.
Making the most of necessary repairs or deferred maintenance
Sometimes there are one or more rooms in your home that need fixing up. But you would rather gut them and start fresh rather than simply patching up the existing space. There is something to be said for making improvements “while you’re at it.” This is especially true when you’re talking about bathrooms or kitchens. Why repair something that makes more sense to replace?
Remodeling for the “fun of it”
While it may not seem like remodeling just to remodel is a good goal, it certainly can be. After all, the emotional value of a good remodel is worth more than the actual dollars that go into it. If the numbers make sense for you financially and the remodel will add function to the home, a remodel for pleasure makes sense. Even merely cosmetic improvements can add actual value to your property, as well. Just make sure that these improvements make sense with the surrounding area and the rest of the property.
How to realize your remodeling goals
Once you establish your goals for remodeling, you can then prioritize how you want to go about your home remodel. Perhaps you want to do a whole house remodel, but not all at once. There’s something to be said for doing things a little at a time.
But you may also want to just get it all done at once. There are valid reasons for going either way or making a plan to do something in between. Knowing your desired timeline of actually realizing your remodel is yet another important goal to consider.
As with anything in life, setting goals help structure what we’re looking to get done.when it comes to home remodeling, you definitely want to know what your end goal is. Otherwise, it’s easy to become overwhelmed and not go through with it. Once you have your remodeling goals in place, choose a design build contractor that will build the project that meets your needs.