Most of the time, we tend to focus on our bathrooms and kitchens during home renovations. This is because these are considered key spaces in a house, and upgrades in these areas usually add value to it.
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Most of the time, we tend to focus on our bathrooms and kitchens during home renovations. This is because these are considered key spaces in a house, and upgrades in these areas usually add value to it.
Kitchens are often where families spend most of their time. It’s where we start the day, and it’s also the space where we make tons of family memories.
Your kitchen should look great, feel warm, and be as functional as possible.
Moreover, kitchens are incredible selling points in a house. Most real estate experts will tell you that most of the time, you’re not selling a house, but you’re selling a kitchen, so it’s something you need to focus on during home renovations.
Here are some valuable tips to keep in mind as you embark on renovating space into your dream kitchen.
Should you stay or should you go? We understand the hassle of trying to sell your home and of remodeling. When you combine these two decisions, you can double the frustration, but, financially, it could be worth it.
Many real estate investors are in search of old houses that they can buy cheap because they know that they can remodel them and sell them for a better price. But unless they want to sell their home to an investor, most homebuyers are looking for homes that are move-in ready. The more ready your home is, the faster it will typically sell, and at a higher price.
Here are some basic reasons renovating your home to sell makes sense.
Your home may not be neglected, but you may have let some things go for a while. It’s understandable that your house might need some repairs and even some updating to make the kitchen more open, and to replace the shiny wallpaper with a light-colored paint. If potential buyers identify these issues, they will typically negotiate them off your sales price or request a repair allowance. However, if you take care of them, they are no longer a factor and can help you fetch a higher price and faster closing.
Remodeled homes tend to attract more potential buyers than homes that aren’t remodeled because they look more attractive to more buyers. Moreover, remodeling your home provides you with a great selling point when it comes to negotiating the price of your home. This takes place when inspectors and appraisers take a look at the property. They will be able to point out that the remodeling has been done and there aren’t any major issues.
Remember that investors are looking for an investment price, while retail homebuyers are looking for a place to live. The former are practical buyers interested only in the price and the potential upside of investing in renovation only to resell it. The latter are more emotional and therefore will value (read: pay more money for) things that the investor wouldn’t. Things like an updated kitchen and appliances, patio covers, and bathroom fixtures are important to families relocating to your area. If you give them what they’re looking for, they’ll pay above market.
There are many ways that remodeling can enhance the overall value of your house. For instance, you may replace old heating and cooling systems and water heaters with new, more energy-efficient options. Homes with 30-plus-year-old pipes should be re-piped—especially if the plumbing has a history of leaks. These features will help you market your home as a modern house with better value.
The bottom line is that having all the repairs and renovations done makes the process of selling a house easier and more profitable in the long run.
Our home designers and construction professionals are some of the highest rated in Round Rock, TX. They listen to their clients and help them realize their goals and fit them into their budget. If you’re planning on selling your home, contact us soon to talk about home renovations in Round Rock, TX.
Home additions can’t be done on a whim; you need to understand fully why you’re adding a room, plan for it, arrange the finances, and make sure you have permits in place. The most common reason for homeowners to want to add another room, typically a guest room, library, or home office, is lack of space. You need more space, and sometimes that’s hard to achieve with open floor plans. Or you might have to add a guesthouse or mother-in-law suite. Whatever it may be, it’s an extensive and expensive process that requires serious planning.
Here’s what you should know before you get on with it.
There’s a lot of red tape involved with residential construction. The rules vary from state to state and city to city. If you’re in Round Rock, Texas, you’ll have to run your plans by the relevant government entities and your homeowners association (HOA) to get your permits before you break ground. That can be quite a drill because red tape is lengthy and tiring and may delay your timeline by a month or more. Just plan for it.
Once you go through the process, you might be asked to make changes to your plan to comply with local, environmental, and HOA rules and codes. Austin’s laws are especially complex and strict, so just be patient. If the zone you live in controls construction tightly, it might be hard to get the permit. Allow at least six months to get through this process. A professional home renovation contractor in Round Rock can handle all of this for you as part of their services.
The first thing to note about home additions is why you need them. If it’s for the comfort or luxury of you and your family, then it’s reasonable to splurge as long as you can afford it. If it’s so that you can upsell your property in the market, make sure you do a cost-benefit analysis before you begin. Not all renovations will give you an equal return on investment, even in the crazy Austin real estate market. The expected returns on investment must exceed the costs incurred in the home renovation project. Make sure you account for your time and effort to bring the plan to action when you’re estimating the costs.
This is one aspect of the entire project that homeowners often miss or ignore. If you’re living in the house where you’re adding a room, you may need alternate accommodations while the project is underway. Depending on the size of your project, you may need to move out during just part of the project. If you can stand a few weeks of the constant noise and dust that come with living on a construction site, stick around. But some people—especially those who work from home—can’t do this.
Some larger room additions like a living room or kitchen expansion may require that you move out because there’s just too much noise and debris and the HVAC needs to be turned off. Make sure you sort this out before the construction starts because moving out midway can be difficult.
Reach out to the home remodeling experts at Freccia Group in Round Rock, Texas, to put your room addition plans into action. We have in place a design and construction team that has done residential renovation projects in Round Rock as well as across the Central Texas area. Call us at (512) 410-1342 to talk about your home remodeling project and how we can make it come true.