When To Consider A Renovation

Searching for a home that sticks to your budget can be a huge undertaking in today’s market, and studies have shown that most people continue to make improvements after getting the keys. With the state of the market, it can seem impossible to find a home with all of the different features you’re looking for, but it seems like closing the gap with home improvement projects has become a popular route. In fact, the majority of those buying right now say that they went into the purchase with renovations already in mind. 

Why A Renovation Could Be The Answer

Every family goes into the homebuying process with specific needs, but to be honest, it’s a pretty rare scenario to come across a home that crosses off every single box on the checklist. So in order to get everything you had hoped for out of your home, a lot of times, taking on a renovation is the only answer.

The reasons for taking on a project like this vary widely, with the most common ones regarding functionality or adding value to the home. These reasons also commonly include aesthetic preference, and to a lesser extent, making changes to make the home more efficient. When it comes down to it, whatever your main reason to take the leap doesn’t matter, because you can accomplish all of these goals at the same time. 

Regardless of your inspiration, it pays to have your preferences planned out to the last detail, because the average period of remodel sits between three and six months. The better idea you have of the vision in your head, the more smoothly you’ll be able to move the process along as you reach forks in the road. 

Let’s Talk Benefits

As strange as it may sound, there are a lot of situations in which a renovation can end up saving you money. Regular wear and tear on a home is just an unfortunate fact of life, so given time you’re bound to run into a few necessary repairs. By investing in quality people and materials, you can help guarantee the fidelity of that project for years to come. This will save you money on future projects, and you even have the potential of catching unrelated issues before they can really take hold. 

Another benefit that will put money back in your pocket is the opportunity to increase the efficiency of your home. Quality materials can really make a difference when it comes to energy efficiency, and you can even take it a step further by investing in energy saving appliances. This type of addition can really add up quickly, and before you know it, that renovation will be paying for itself. 

But it isn’t just you who will appreciate the addition. Homebuyers love an updated home, and even if you don’t plan on selling you can be sure that your home value will see a nice boost. Newer appliances, updated features, and upgraded energy efficiency will all be taken into account when your home is being evaluated. 

A Personal Touch

Beyond any of the financial benefits, likely the most satisfying reason to go for that renovation comes down to you. Your home is the most personal asset that you have. You use it every day, and if it can better fit your needs it’s a worthwhile investment. After all, what truly makes a house into a home is the people inside it, and that includes their personal tastes as well as the activities that make them happy. So if you are able to put a little piece of yourself into the design of your home, you’ll be able to feel a little bit more comfortable as a result. 

Personalizing at that level can be a matter of looks or function. Maybe you have a growing family and you need to create a more accommodating environment for new additions. Maybe you’re starting a business, and you want to give yourself a proper office to manage the operations. Perhaps you enjoy having guests over, but you need to rearrange to provide the proper space to entertain. 

It doesn’t matter what the reason may be. A renovation can make that home feel a little bit more personal. After all, your house should fit who you are as a person as best it can, and as you continue to grow, your house should continue to change with you. A renovation can provide the perfect medium to add the features you need, implement your own personal flavor into the DNA of your home, and save some money in the long run.