Studies and cost analyses have shown that remodeling projects, specifically kitchen and bathroom remodeling, can have a dramatic impact on the value of your home. As the nation recovers from the recent housing market crisis, more and more people are postponing purchasing a new home, opting instead to remodel their existing homes.
The decision to remodel isn’t a sign of surrender. Owners are not saying, “I’ll never sell this house in the current market, I may as well remodel.” Quite the opposite. Owners are remodeling in order to increase their home value when they do decide to sell. Kitchen and bathroom renovation projects, even small ones, have a traditionally impressive ROI once a home is sold.
But owners are not simply looking towards the future. Remodeling projects have immediate benefits as well. Newer appliances and technologies mean that most projects, in addition to increasing the home value, will also lower energy consumption, which, of course, lowers your utility bills.
And beyond the financial benefits, remodeling can help you to enjoy your home even more. Perhaps you’ve always wanted a more efficient kitchen — small kitchen remodeling ideas can help you get the most out of your space. Or you can give the whole room a facelift, utilizing nothing more than different types of kitchen cabinets or different types of kitchen flooring.
Whatever your reasons for remodeling, you’re in good company. Over 40% of homeowners think that now is a great time to remodel, and the market will respond with better deals and a wider range of options to truly get the most out of your project. Visit here for more: jerryharrisremodeling.com
