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Written by HMDH
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 Before investing in home repairs or remodeling, it is important that you stop and think about the upgrades that will increase the value of your property.
Let’s begin by comparing two basic concepts: repairs and remodeling. A repair consists of fixing that which is no longer functioning. For example, a leaky roof, a faulty electrical system, or a ruined fireplace. Although repairs do not enhance a home’s outer appearance, they are a priority if you plan to sell your home in the future.
Remodeling consists of upgrading or expanding your home by adding a new room or an additional floor. The value added to your home through remodeling will depend on the city in which your home is located the Real Estate terms.
Common Remodeling
Keep in mind that all upgrades must be consistent with the neighborhood you live in. As a general rule, we advise you to: - Invest in the most noticeable aspects of your home.
- Fix your home’s exterior before the interior
- Arregle el exterior antes que el interior.
- The following are some of the upgrades that add to the value of your home:
- Remodeling or construction of an additional bathroom is the most popular upgrade because it significantly increases a home’s value.
- Likewise, kitchen upgrades such as installing wooden floors, replacing cabinets, installing new appliances or lighting systems can increase the value of your home.
- Other improvements that can increase the value include building a deck, converting a den into a spare bedroom, replacing window frames, adding a new coat of paint, and switching your carpet or vinyl floor to wood.
Upgrade What You Can’t Remodel
In case your budget is limited, you can make small improvements to the bathroom and kitchen. For example, replace the water faucets, paint the ceiling, walls, and doors; varnish cabinets and change the handles; if you have carpet flooring, hire a professional to clean it; make sure all doors and windows are in good condition; replace all screens; if you have a backyard, add a nice table and switch your door frame to one that is more modern and appealing.
Who Should Do the Remodeling
In order to save money, you can make simple remodelings yourself such as painting the walls, installing a wooden floor or lamination, switching windows, etc. For more complex remodeling such as plumbing, heating systems, air conditioners, etc., it is advised that you hire a professional since it may require a construction permit.
Although you may not be thinking of selling your home in the near future, it is important to maintain it in good condition in order to provide a comfortable place for your family. |
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HOME IMPROVEMENT 