Even a simple remodel — such as updating the fixtures in the bathroom — can cost you a pretty penny, so it is only practical to want to make sure some of the money you invest will come back to you and increase the resale value of your home. While every standard renovation is likely to increase the value of your home, certain remodels add more value than others.
DreamMaker Bath & Kitchen of Wilmington, a premier remodeling contractor near me, discuss more here.
Quality of Life vs. Resale Value
Getting value out of your home remodel is not just about the resale potential. As you move forward with the remodeling process, you must invest in a design you want and that will considerably improve the quality of your and your family’s life at home.
Firstly, consider how long you plan to stay in the home. If you are renovating your retirement home, then you should emphasize increasing your quality of life over the resale value. On the flip side, if you already have plans to upgrade your home or move shortly — say, within five years — then it is a smart move to weigh the resale value of each remodel you undertake.
Quality Does Pay
New appliances and system upgrades, such as plumbing and electrical, vary greatly in life expectancy, energy usage, and maintenance costs. Spending on a professional design consultation and good-quality materials pays off in the long run. For example, if maximizing resale value is more of a priority than meeting personal preferences, talk with your contractor about the apt level of finish for your home that will increase your return on investment.
Only get an interior, bathroom, or kitchen quote from a trusted remodeler.
Be Specific With Design
Whether you are renovating for yourself or the future owner of your home, it is important to be specific about your renovation project. Work on crafting a thoughtful design that is pleasing to the eye and functional to you as the current homeowner. Failing to do so in an attempt to appeal to everyone only results in reaching no one. If you are concerned about attracting prospective buyers, keep in mind that designing in idea-specific ways will not limit how they can appreciate your home. Instead, it will allow them to bring their interpretations to it.
Let’s Start a Conversation!
DreamMaker Bath & Kitchen of Wilmington personalize designs that can improve your quality of life. Whether you are renovating your permanent home or considering reselling it in the future, our design-build professionals will make sure your home is something you love. Call us at (910) 928-2207 or fill out our online form to request a home, kitchen, or bathroom estimate. We serve clients in Wilmington, Landfall, Cape Fear, and other nearby communities.
