Home Renovations to Boost Your Home’s Value
While some improvements to your home are necessary to boost the value, some are purely aesthetic and add nothing to the value. For example, adding a bed and bath to your home is an excellent way to add long-term value, but aesthetic improvements can quickly become outdated within 20 years. In these cases, a farmhouse kitchen renovation can do wonders for your home’s appeal and value. Listed below are some of the most common home renovations, and the reasons why they’re worth considering. Source
Cost-saving Ideas To Eco-friendly Options
While it’s not in the budget of everyone, a $50,000 renovation project can bring a decent return on your investment. In general, the most valuable areas of your home are the kitchen, master suite, and bathroom. Renovation costs tend to depend on the size of your space, so you should choose your materials wisely. When it comes to cost, a remodel could run from $10 to $60 per square foot, depending on the materials used. Alternatively, high-end materials could cost up to $150 per square foot.
Although home renovations are personal, it can be rewarding to tackle the project yourself. Generally, homeowners renovate up to three rooms at a time. Keep in mind that depending on where you live, you may need to obtain a permit for some work. A permit is necessary for major repairs, structural work, and plumbing. Make sure to check with your local building department to learn the exact requirements for obtaining the necessary permits. If you’re unsure about the requirements, you can hire a general contractor to oversee this process for you.