Tag Archives: value

Home Improvement & Remodeling Ideas that Increase Home Value (And What to Avoid)

Remodeling the Kitchen

Most people consider the kitchen to be the heart of the home, and because of this, updates in this room pay off. According to HGTV, you can expect to recoup 60%-120% of your investment on a kitchen remodel, as long as you don’t go overboard. You should never make your kitchen fancier than the rest of the house, or the neighborhood.

Why You Shouldn’t Invest in a Deluxe Kitchen

For example, a historic home in my neighborhood has been on the market for more than two years. During the owner’s last open house, I went in to check it out, and immediately saw why the house hasn’t sold. The quaint Arts and Crafts style home was built in 1900 and has a lot of charm. Unfortunately, the homeowners had invested over $60,000 upgrading the kitchen.

The enormous kitchen, easily the size of the living room, features appliances and countertops that might look more at home in a fancy restaurant kitchen. The style, size, and quality of the kitchen don’t fit in with the rest of the house, or the neighborhood. If you plan on selling your home within the next five years, keep potential buyers in mind before you start on any major remodel; many people won’t pay for a fancy, deluxe kitchen.

A Little Paint Goes a Long Way

When it comes to how much you spend on a kitchen remodel, prices can run the gamut, from $5,000 to $75,000, or more. Get the biggest bang for your buck on a kitchen remodel by looking at color. Fresh paint, in modern colors, can go a long way towards updating the look of your kitchen. Plus, paint is relatively cheap.

You might want to consider using low-VOC paint; this makes your kitchen more eco-friendly, and helps your family avoid breathing in dangerous chemicals, like benzene, that off-gas from regular fresh paint.

Energy-Efficient Appliances

Replace old appliances with energy-efficient models. Energy Star-rated appliances are better for the environment, and they also help you save money, because they use less energy. Potential buyers often look for ways to save money when shopping for a new home. Learn More Here: http://www.moneycrashers.com/7-home-improvements-to-increase-its-value/

VIDEO: DIY Home Repairs – How to Survive a Kitchen Remodel

The (Don’t Get Burned) Kitchen Remodeling Guide

Avoiding the Most Common Mistakes

In a perfect world, demolition starts on time, deliveries arrive on schedule, installation takes place without a hitch, and cleanup is quick and easy. Chances of all that happening are slim enough; don’t shrink the odds by falling prey to these common pitfalls.

1. Trying to be your own GC. Trust us: This is one job you don’t want to undertake. A kitchen remodel is one of the most costly, complicated, and time-consuming projects imaginable, and the input of qualified professionals is not only valuable, in most parts of the country it’s mandated by law.

2. Hiring the wrong GC. Never hire a contractor who makes you uncomfortable, no matter how highly recommended or how low the estimate. If you feel like the contractor is someone you can’t trust, keep looking.

3. Putting the job out for bid without clear enough specs. Unless you account for every detail of the project up front, you won’t be comparing apples to apples when you solicit bids. That means specifying the type of flooring, countertop material, lighting, even cabinet hardware. If you don’t, a contractor might assume higher-end choices (which may be more difficult to install), and you could end up overpaying. Learn More Here: http://www.thisoldhouse.com/toh/article/0,,1102023-5,00.html