Home renovations can boost your property’s value and improve your living space—energy-efficient upgrades like a programmable thermostat, steel door replacement, and attic insulation offer high ROIs. Contact Plumbers Lawrenceville GA now!
However, consider your neighborhood before making major upgrades. Don’t overspend, as this can drive away potential buyers. Also, consider your needs and lifestyle.
One of the most popular home renovations is adding a bathroom. It adds living and resale value to the home, making it a worthwhile investment. However, this can be costly and requires significant planning and time.
The main cost drivers for a bathroom addition include plumbing, tiling, cabinetry, and labor. Premium bathroom materials, such as porcelain and artisan ceramic tile, can dramatically increase costs. Another large expense is bringing the new bathroom up to current zoning and building codes. These requirements typically require a permit and inspections. Your professional remodeler should handle obtaining this, but your municipality’s website can supply information.
A new bathroom should be added within the existing footprint of the house. This will cut down on construction costs and will help ensure that the new bathroom is connected to your home’s plumbing system. Bathrooms that are built in a basement or in a part of the house with a crawl space can also be plumbed more easily than those that require breaking into the foundation.
Regardless of where you choose to add a bathroom, it is important that the bathroom be well-ventilated. If the space does not have a window, it should be able to access the roof for a skylight or a vent.
Adding a Bedroom
A bedroom addition is a popular house renovation that can increase the resale value of a home. It also increases living space for families and can make it easier to accommodate guests. However, the return on investment for a bedroom addition may depend on the local real estate market and your personal needs.
In some cases, it is better to convert an existing room into a bedroom rather than add a new room to your home. For example, converting an unfinished attic or basement into a bedroom can be more cost-effective than adding an entire second story. However, you need to make sure that the new room meets state building codes and is a good size for bedrooms.
If you need more space, consider expanding your home’s footprint by adding a room or extending the roof. This is a more expensive option and will require you to change your home’s foundations and possibly relocate plumbing and electricity. However, this may be worth it if you plan to sell your home in the future.
It is important to remember that a bedroom addition can be a complex project and requires professional help. A contractor can handle demolition, construction, subcontractor hiring, and obtaining any required building permits. They can also provide advice on budgeting, choosing materials, and avoiding costly mistakes. It is also recommended to hire a professional for drywall installation, trim work, painting, and finishing touches. Alternatively, you can use a few DIY strategies to reduce the overall costs of your project. Flex your DIY muscles by doing some of the work yourself, such as laying tiles, installing baseboards, and painting. Also, choose less expensive materials and furnishings compared to high-end options.
Adding a Kitchen
A kitchen addition is a major home renovation project that can boost a property’s value. However, this type of upgrade can be expensive and requires months of construction. This can be a challenge for homeowners who have young children, work from home or are trying to sell the house during construction. Fortunately, there are ways to cut down on the cost and time of this project, such as using online tools to find designers that can work within your budget or opting for quartzite countertops instead of marble.
Homeowners can save money on renovating their homes by choosing projects that will add the most value to the property when they are ready to sell. Basic upgrades like new garage doors, siding and windows are often good investments that can provide a high ROI. But other types of upgrades, such as a new kitchen or bathroom remodel or replacing carpets and flooring, can be less lucrative.
One of the best ways to increase a home’s value is to make it energy-efficient. This can reduce energy costs and improve a home’s comfort by preventing cold and hot spots. This can include adding a programmable thermostat, installing energy-efficient appliances and insulating walls and attics.
Another way to improve a home’s value is to make repairs or replace worn out items. It’s important to choose the right contractors for these tasks and avoid going over budget. It’s also a good idea to build a home improvement plan before starting the project. This can help homeowners understand what their renovation will look like and how much it will cost before hiring a contractor. A home improvement plan will also allow owners to prioritize the projects that will bring in the highest return.
Adding a Living Area
Home additions add valuable space and improve the function of a house for homeowners. Room additions like mudrooms, playrooms, sunrooms, and home offices can expand important living areas like the kitchen and family room. These additions allow homeowners to get the most out of their homes while making them more functional for future buyers.
When deciding on a home renovation project, it is crucial to consider how much time and money you are willing to invest in the project. It is also essential to choose a reputable contractor for the work. Choosing the right contractor can ensure that the job is completed in a timely manner with minimal disruption to your daily life. Clear communication with your contractor is also key to a successful renovation project.
It is also vital to understand the difference between renovating and remodeling your home. A full renovation of your home includes replacing existing elements, such as fixtures and finishes, while a remodel changes the use of spaces in the home. For example, if you remove walls and rearrange the layout of your kitchen, you are doing a renovation, while adding an extra bedroom would be considered a remodel.
Basic renovations that keep a home in good condition, such as a new roof or siding, can often yield high returns at resale. However, elaborate upgrades may be more expensive to complete and might not appeal to potential buyers.
Many homeowners choose to finance their home renovation projects with personal loans or a home equity loan, rather than credit cards. This way, they can pay back the loan and still benefit from the improved functionality of their homes. Other homeowners may use savings from the project to cover the initial costs of the renovation.
Adding a Garage
Adding a garage can make an enormous difference in storage capacity for any household. It can also provide a place to park cars, bicycles or other large items that don’t fit in the home. The best option is to build an attached garage, but you can also build a detached garage if the space allows for it.
While most people think that a garage is only for storing cars or other equipment, it can actually be quite versatile. Some homeowners turn their garage into a home office, recreation room or even a bedroom or bathroom.
A garage addition can be very cost effective if you have the right contractor, and you can design it to work with your current home. A contractor that specializes in building garages will have the experience and skills to create a well-designed solution that can add value to your home.
Another option is to convert your garage into a mudroom, where you can store coats and boots and kick off your shoes when entering the house. You can also include a laundry room for washing and drying clothes, and many homeowners find this to be an invaluable feature of their home.
If you want to add a living area, such as a rec room or TV room, the most common way to do this is to build a second story above the garage. This can add a substantial amount of living space and increase your home’s value. However, this is a complex project and requires skilled contractors to perform. It may require that you change or relocate the existing plumbing pipes and drains, and it’s important to discuss this with your contractor upfront to ensure that the plan works.