For homeowners looking to increase their home’s value, energy efficiency and appearance, home renovations may be the answer. But, how do you determine where to start? If you are looking to get the most out of your investment, it is advised to complete renovations to your kitchen or bathrooms. Experts say that kitchen and bathroom renovations are the easiest to make to recoup your investment and increase the value of your home.
One of the first steps in home remodeling is creating a budget plan. For the average homeowner, a home remodeling project is a daunting task. However, with a set budget, it is easier to make decisions. When setting a budget, keep in mind that there will always be unexpected costs. Make sure your set budget is forgiving enough to accommodate such unforeseen costs.
Next, prioritize which renovations must be done right away, and what you can live without.
Oftentimes, it is the kitchen that significantly affects the general feel and appearance of your home. Kitchen remodeling can be an intimidating task and the primary reason for this is the many factors and components involved. Kitchen remodeling is not something that falls under the “do it yourself” projects; unless you have extensive knowledge, experience and skills in the subject. Kitchen remodeling often involves plumbing and electrical works, which often requires permits. Then you have to decide on the flooring, cabinetry and fixtures in relation to your budget and lifestyle.
Compared to kitchen remodeling, bathroom remodeling is easier to estimate. You will still have to decide on flooring, fixtures and cabinetry. Bathroom remodeling is also easier than kitchen remodeling, as long it does not involve complicated changes to the sewage and the electrical layout of your house.
When it comes to dollar for dollar, kitchen and bath remodels offer the biggest return for your money. These areas significantly increase the perceived value and the actual comforts of your home. Therefore, if you are planning to remodel your home for increasing comforts or for the purpose of selling your home, then its best that you spend money on the bathroom and kitchen first.