Remodeling allows you to create spaces that meet your needs. It can help you maximize your home’s square footage and give your interior an updated look. The right upgrades can even help reduce your energy costs. Another thing it can do is increase the overall value of your property.
Before you consult contractors or get a bathroom estimate, you must set goals for your project. A common reason homeowners remodel is resale. This factor is essential, but your project shouldn’t solely revolve around it. Continue reading to learn more.
Market Appreciation Is Never Guaranteed
The amount of money you can recoup from remodeling depends on which part of your home you are updating. One of the best ways to make the most of your investment is to design a house that suits your family’s unique needs. Market appreciation is unpredictable and could change over time. It’s often more cost-effective to remodel instead of purchasing a new house. However, remodeling still involves significant costs, so it’s just normal for homeowners to be concerned about resale.
Your Quality of Life Could Be Affected
When you schedule an appointment with your contractor to get a bathroom or kitchen quote and discuss your project, they might ask you about your lifestyle and how long you intend to stay in your home. If you plan to live in your current residence for at least 12 years, you want to invest in features that you and your family will love. However, if you are planning to move in less than five years, resale should weigh more than personalized upgrades. Always consider your future goals when making changes to your home.
It Might Not Help You Attract Potential Buyers
Your home is a reflection of you. It isn’t uncommon for people to make generic design decisions when remodeling to attract more buyers. However, being too nonspecific about the look of your home can negatively impact your property’s marketability. Designing according to your preferences will not keep people from appreciating your home. In the end, you might find it easier to sell a house with more character as it stands out from others in the neighborhood.
Let’s Start a Conversation!
One of the first tasks to accomplish when starting a home remodel is to look for a remodeling contractor near me. Experienced remodelers can help you make the best decisions for your project and determine what your living space needs. At DreamMaker Bath & Kitchen of St. Louis Park, our dedicated team will guide you through every step of your remodel. Call us at (952) 522-3008 or fill out our online form to start a conversation with our experts. We serve homeowners in Minneapolis, St. Louis Park, Robbinsdale, Eden Prairie, Bloomington, Eagan, and nearby communities.
