Investing in your home can be a daunting task for a homeowner looking for maximum impact. Choosing areas of the home in need of attention and care can feel like walking a tightrope, but with a long-term strategy, it’s far easier to organize your priorities and get down to business. The simple truth is that home upgrades are a fact of life, and they improve the underlying value of your property if done right.
This means that a well-designed schedule of updates and modernization projects undertaken during your many years in the home can dramatically improve the resale value of your real estate when you finally do decide to sell.
Homeowners have been contemplating the best ways to plan, schedule, and pay for their renovations for years. With the help of a bridge loan lender in Oregon, Rhode Island, or New York, many homeowners in local pockets across the nation are tapping into their home equity or credit rating for increased cash flow. A private lender is an incredible asset for homeowners looking for additional capital upfront. These sources of lending are concerned with your whole person rather than simply the documents you can scrounge up. Approaching a private lender could be just the thing you need to get your next project going!
The truth is, your real estate is your space of comfort, but it’s also a significant commodity asset, and you should treat it in both respects. With these four focus areas, you can really begin to make an impact on your home and the quality of life that you enjoy within its four walls.
1. Consider much-needed attention in the kitchen.
Your kitchen is one of the most important spaces to focus on when preparing for updates or modernization projects. For one, home buyers love stylish kitchen appliances and luxurious upgrades. Appliance updates are a fantastic idea for the quick quality of life improvements: These come in a variety of forms, like portable ice makers, a new dishwasher, or a state-of-the-art stove that utilizes dual gas and electric heating elements for maximum versatility.
Another angle in this space is a total renovation. Using a ProEdge remodeling contractor to install custom-cut granite countertops, a new backsplash with accent colors, or brand new cabinets that shine in the sunlight is the perfect way to boost your home’s resale value in a flash. ProEdge remodeling has been a staple in the community for many years, and the contractors that work with the firm are amenable, focused, and work with their clients through every step. For more on the top-notch ProEdge options, see getproedge.com. These pro installers will walk you through every step on the installation day and are committed to taking extra health and safety precautions and following local guidelines during this time of public health uncertainty.
The home renovation industry as an aggregate whole is booming in the United States. A recent Harvard study estimates that U.S. residents spend more than $400 billion annually on home improvement projects. Much of this effort is naturally focused on the kitchen and dining areas of the home.
2. Add an extension for increased space.
An extension is a great way to immediately create more room for your family. Whether you need another bedroom for your children or are sick of working at the kitchen table while in lockdown and for the foreseeable future, an addition is a perfect solution for many families.
Getting estimates from a few local contractors is always an important step when thinking about a renovation of this scale. However, one of the most important things you can glean from a contractor is their attitude about the work. You want a professional and conscientious contractor to oversee the construction and final touches on this addition. So, speaking with the team you will eventually hire about their experience, similar jobs they’ve worked on in the past, and even their personal life (in order to make a human connection) is a great step forward. Building relationships is a key focus for any business, and the same goes for your home’s transformation.
Building an extension can provide you and your family with additional space for guests, a playroom for the kids, or a home office or library for tasks related to study and work. As well, because property value is derived first and foremost from a square foot calculation, the addition of space to the interior of your home will immediately boost the valuation.
3. Tackle your bathroom updates with vigor.
The bathrooms in your home are typically in need of some love as well. With all the excitement that surrounds the kitchen and relaxation areas of the home, the bathrooms often get left behind as an afterthought.
New, larger tiles for the floor and walls typically rest at the center of any bathroom work. These rooms take a beating from the constant changes in humidity, and the grout, tile, and seals often wear out much faster than in any other part of the home. A remodel here can really do wonders for your family’s comfort level.
4. Move your attention outside for a stunning relaxation space.
Outdoor areas are a staple for homeowners along the coasts of New York, California, or Rhode Island. During the summer months, there is nothing better than relaxing outdoors in the fresh air with friends or family. Building a patio space that meets your unique requirements can be accomplished for much less than you might think, and in a hurry. These updates are often fairly simple for a contractor but create a phenomenal change of lifestyle for you and your family. Studies have shown that time spent in the fresh air can improve blood pressure and reduce stress, and it’s not hard to see why!
Tackle these renovation projects for stunning new energy in your home.