Renovating your home is no easy task. It’s not only potentially very expensive, but it can be more stressful than you’d ever imagined. Still, renovating your home is usually a good idea for a number of reasons. If you plan to live in your home for a long period of time, it makes sense to get your place the way you want it. If you plan to sell your house soon, it makes sense to remodel so that you can get the highest price possible. However renovating for yourself or for resale are very different, and should be handled accordingly.
If you are unsure about what you should do, a good rule of thumb is the 5 year plan. If you plan to stay for no more than 5 years, I would recommend renovating for the purpose of resale. However if you plan to stay longer than 5 years, then renovate for yourself.
You don’t want to start making changes that would diminish the overall character of the house. Updating it is great, however making changes that are so far off from what the rest of the house looks like, makes it confusing for buyers.
Making upgrades with materials that don’t appeal to a larger audience is going to be a mistake. Think about what looks expensive and longer lasting. You definitely want to make the home look like it’s been updated.
Solid Surface like man made quartz for countertops is effective. Granite is still the most popular countertop material, so you know it will appeal to more buyers. See Popular Countertop Materials for help here.
Wood floors look expensive, but are expensive, so consider laminate.
Colors Should Be Neutral.
Using paint colors you love while you’re in the home is nice. Just shy away from anything too bold that will be difficult to cover up when it comes to selling the home.
Consider what’s Important.
Think about what rooms need the biggest updates. Kitchens are usually the best room to upgrade for resale. Something as simple as replacing the appliances, or as big as renovating the space with material upgrades and cabinets.
Bathrooms are often the next room to be remodeled. They’re often outdated and could signal buyers of money that needs to be poured into the home.
The other most common type of renovation is creating an open floor plan. This usually includes taking down unnecessary walls that would otherwise make a space feel closed off.
Less Is More Here.
You want to spend as little as possible, in order to get the biggest return. You also want to stick with a simple design in order to get yourself more buyers. It can be more challenging, but well worth the effort.
No home comes just as you want it. Make yours feel like it’s yours. You can be as bold as you want, and do whatever makes you happy because the only person you have to please is yourself. Make it personal, and make it amazing.
Material options are endless.
The only thing limiting yourself is budget and taste. So have fun choosing what you like the best, within your realistic budget.
Making any large changes to the plan of the house, like losing rooms or space, will affect resale later on. So clearly you want to keep this in mind. However you and your family have specific needs, so it’s only a good thing to have your home reflect those needs.
Budget is only as important a you need it to be. Spending more money on something you will spend years in is worth it. There is nothing like having the home you’ve dreamed of. Just don’t go broke doing it please.