Norton Home Remodeling involves structural changes and is usually done by licensed professionals. Assess your motivation, plans with the property, and ROI to decide on the extent of your project.
Many homeowners take on some DIY projects like painting or installing flooring themselves. This helps save on the overall cost of the project.
Remodeling changes the form or structure of a building to adapt it to new uses. This can be as simple as changing a room’s layout to make more space for furniture or as complex as adding an addition on to a home. Remodeling can also include altering a building’s exterior to improve its appearance or add new safety features. Remodeling projects often involve major construction work that can affect a property’s energy efficiency, which is why it’s important to consider the return on investment before beginning work.
It’s also important to understand the difference between remodeling and renovating, as these two types of projects differ in cost and complexity.
Beauty
Homeowners want a home that is comfortable, safe and appealing. Remodeling a space or adding an addition can create a more beautiful home. A remodeling project can also increase a building’s safety and reduce its carbon footprint.
Remodeling can be cosmetic, allowing homeowners to make changes that add style and appeal, or structural, which involves making significant alterations in the structure of a home or building. A remodel may involve putting an addition on a house, changing the floorplan layout or major updates like installing new fixtures and cabinets.
A remodel can also create a space for hobbies, which can enhance health and well-being by encouraging creativity and fostering social connections. For example, creating a craft room or art studio can help alleviate stress by giving people the opportunity to pursue their favorite activities in a pleasant environment. The sense of accomplishment that comes with completing creative projects can have therapeutic effects.
Energy efficiency
As you plan upgrades, think about how they can improve energy efficiency. For example, replacing older appliances with high-efficiency models can save money and increase comfort. You can also upgrade to more efficient windows and insulation, which can help reduce your carbon footprint.
You can make a variety of energy-saving changes during renovation or remodeling, but you should first conduct an energy assessment to identify where improvements should be made. This is particularly important if you’re considering adding an addition to your home, which often requires more complex changes than a cosmetic update.
Remodeling enlarges the structure of your house and alters the purpose of a space, such as turning a spare bedroom into a home office. This typically involves tearing out walls, expanding a kitchen and reconfiguring the layout. While a remodel can improve your family’s lifestyle, it can also be more expensive and time-consuming than renovation. A remodel may also require a permit, inspections and professional installation.
If you’re planning a major remodel, consider getting a pre-purchase home inspection to check for problems before starting the project. A skilled inspector can spot potential issues and recommend solutions, saving you a lot of headaches down the road.
A home improvement expert can provide recommendations for energy-efficient upgrades and a detailed cost-versus-value analysis of your project. According to Remodeling Magazine, a minor renovation such as replacing entry doors or garage doors or adding a window can net you 75 percent or more of your investment back when you sell your home. A kitchen remodel, master suite addition and roof replacement offer significantly lower returns.
Regardless of whether you’re renovating or remodeling, be sure to discuss your project with an experienced Lowe’s associate or licensed contractor to ensure the job is done right. If you’re considering a remodel, consider incorporating a new ductless mini-split in your home to help cut your energy bills even more.
Value
Home improvements can make your house a comfortable place to live, but they also increase the value of your property. By making smart upgrades, you can maximize your return on investment when it comes time to sell.
However, you must choose your projects carefully. Some improvement tasks may not add a significant amount of value to your home, especially if they are too personal or don’t match the taste of buyers in the area.
Home remodeling projects vary in size and scope, from small renovations to extensive property overhauls. Remodeling typically involves more construction work than renovating, and it may require permits and inspections. It is also more expensive than renovation, and it’s often not DIY friendly.
To determine the best project for you, evaluate your budget, motives and future intentions with your home. For example, if you plan to sell your house in the future, it might not be a good idea to invest in an expensive kitchen or master suite addition. Instead, consider a simpler and more cost-effective renovation like replacing the entry door or garage door.
In general, exterior projects provide the highest return on investment. Adding a wood deck and updating the windows are excellent options that will boost your home’s curb appeal. Kitchen and bathroom remodels are also excellent choices that will give you a high ROI.
The best way to ensure a positive return on your home remodeling project is to consult a professional contractor and review the latest research and trends. Look for reports that compare different types of improvement projects and their returns on investment. You should also check out local real estate guides to find out which projects tend to appeal to potential homebuyers in your area.
Keep in mind that ROI varies by project type and location, so you won’t be able to accurately predict how much your home remodeling will pay off when you sell it. Still, the most important thing is to improve your quality of life while you’re living in your home. If you’re thinking about a project that will help you do this, contact Lowe’s to get an estimate and consultation from a trusted, professional contractor.