There are many reasons a homeowner may want to increase property value. Maybe you plan to sell the home in the next 12 months. If a child is going off to school or you or your spouse plans to start a business, a home equity loan may help you to finance this. There are also some homeowners who focus on increasing property value as an investment toward the future.
Wherever you fall on the spectrum, you may have considered a kitchen remodeling project to boost property value. This is a great starting point, and there are other strong ideas to consider as well for the rest of the home. Read on to hear more on how you can increase property value with these simple home improvement projects.
Zillow estimates that homeowners can get up to an 81.1% return on investment for kitchen renovations. What surprises many homeowners is that the less they spend on this upgrade, the more they can expect to get back. Once you move into the upscale remodeling range, the ROI dips to 53.5%. Even midrange remodels bring in an ROI of only 59%.
So, what counts as minor kitchen upgrades? These include repainting walls, adding a backsplash, updating cabinet doors and making repairs.
One of the main reasons people tackle kitchens and bathrooms first in a renovation project is that they tend to date homes. At the very least, these rooms can show when the last upgrades may have been, based on the appliances and fixtures. Upgrading to more contemporary fixtures and newer appliances helps to bring the whole home into the current era. Some buyers may also appreciate smart tech, such as a thermostat that can be adjusted remotely or motion-sensor lights.
In older homes, rooms often appear dark and cramped even when they are large. More modern homes are open and airy. While not everyone likes an open floor plan, most enjoy natural lighting.
To achieve this, many homeowners replace regular backdoors with screen doors, add new windows where they can and even install skylights. All of these can help to flood a home with light and help it to appear more open and airy. If you’re selling a smaller home, this may help you command a higher price per square foot.
More Americans are looking for homes that pay for themselves o
ver time. If you live in a neighborhood where Airbnb and other vacation rental opportunities are allowed, adding an accessory dwelling unit in the backyard or above the garage can bring in revenue for yourself and the new owners. A lower-cost option is to build a home office, which may attract buyers who work from home or run a business.
Another low-cost way to add revenue-generating space is to finish the basement. People can use this for office space or rentals. Even if they never use it for money, a finished basement adds extra square footage to the home and more usable space.
Families can turn it into a home theater, the kids’ playroom, a home gym or the mother-in-law suite. Depending on the size of the space, it may even fit all of the above.
People draw conclusions about a home the minute they set eyes on it. This is true whether someone is assessing the value of your home for the bank or considering moving in. There are a number of ways to improve curb appeal.
Powerwashing the exterior walls can help to make the exterior look brand-new. If this doesn’t have enough impact, then consider a fresh coat of paint. Simple landscaping ideas, such as repaving the driveway or upgrading the garage door, also help.
Landscaping may help to improve the immediate curb appeal of your home provided that you make some additions to the front yard. Sometimes, there are also outdoor changes you make that visitors can value once they have entered your property. Adding a patio or deck in the back can add real and perceived value to your home.
Try not to put in features that are high maintenance as this may turn buyers away. Fences also make a great addition, as many buyers may plan to move in with a dog.
There’s no doubt that remodeling your home makes a night-and-day difference in the way it looks and feels. A spacious living room or contemporary kitchen can have a huge impact on your family’s happiness. However, major home renovations may also carry a significant price tag. Is it worth it to invest in a large remodel for an older home? Here are a few factors that can help you decide.
What Are the Benefits of Home Remodeling?
Renovations are designed to upgrade existing rooms, such as by installing new flooring or fixing plumbing problems. Home remodeling goes deeper, modifying the existing layout or adding new rooms. Tearing out a wall to create an open-concept living room is an example of remodeling. What can these types of projects do for your home?
Added resale value: A brand-new kitchen may make prospective buyers fall in love with your house immediately. Generally speaking, the more desirable a property, the higher the asking price.
Increased home equity: When renovations add important features, it can raise your equity. This may let you refinance your home loan with lower mortgage payments.
More enjoyment: Building rooms you love can make the times you spend at home something truly incredible. Few things are as relaxing as an en-suite bathroom converted into your private spa.
Personalized style: A renovation project lets you put the finishing touches on different rooms, giving them your signature touch. Whether you prefer minimalist, vintage, contemporary or country flair, you can bring every space to life.
Less stress: Things such as a leaking roof or water damage can be a major pain. Calling a professional for renovation can get to the source of the problem. Say goodbye to leaks and hello to some well-deserved R&R.
You can divide benefits into two main categories: improvements for your family and improvements for resale. Both categories can make renovations worth it. The difference depends on your personal plans.
Does Remodeling Always Make Your Home More Valuable?
The most important factor to consider when weighing the pros and cons of home remodeling is your return on investment. Basically, you need to calculate how much the project will cost versus how much it adds to your home’s value. This is known as ROI. If you spend $20,000 on a kitchen remodel and it makes the price of your house go up by $15,000, the project gives you an ROI of 75%. The higher the ROI percentage, the more sense it makes for you to remodel.
What Factors Can Help You Decide?
First, you need to decide whether you want to move. If you’re not planning on selling your home anytime soon, then you should approach remodeling more from the perspective of quality of life than pure cost. Creating a larger master bedroom may not do a lot for resale value, but it can add a ton to your personal comfort level.
It’s a good idea to schedule a home inspection to evaluate the overall condition of the underlying structure before getting started. Some older homes still have a solid foundation under creaky floorboards. If you detect structural problems or mold, however, it can raise the cost of remodeling significantly. When problems are too deep, it may not make economic sense to renovate instead of moving. Of course, if you have a sentimental attachment to the property, the project may still be worth it to you.
Finally, your total construction budget and credit rating also play a part. Not all big renovations cost an arm and a leg. It’s often possible to add an additional bathroom (which typically boosts home value a ton) even with a smaller budget.
What Parts of the Home Can Benefit Most From Remodeling?
Here are a few popular projects that can have a major impact on home value. These areas usually deliver the best ROI for home remodeling:
Home maintenance and fixes: Roof, siding, plumbing and HVAC systems
Kitchen: Quartz or granite countertops, kitchen islands and hardwood flooring
Bathroom: Freestanding tubs, porcelain tile and spa elements
Exterior: Wood decks, stone patios, trellises and swimming pools
Room additions: Garage, bathrooms and bedrooms
At the end of the day, only you can decide whether remodeling is worth it for your family. To learn more about home renovations in Houston, TX, contact our team right away. At Hestia Home Services, we’re happy to schedule a one-on-one visit to help you make the best choice.
To Remodel or Not To Remodel: Are Major Home Renovations Worth It? | Hestia Construction & Design — Houston, Texas
Spa days are an ideal way to get away from it all and relax.
When staying at a luxury resort or an upscale hotel, you’ve marveled at the luxurious comfort and elegance of your guest room and spa experience. The serene bathroom of an upscale hotel guest suite may have you returning to home dreaming of your own bathroom renovation Houston.
The meticulous perfection of luxury guest room bathrooms is deliberate. The product of expert designers and architects are capable of mastering the perfect space down to every last detail.
The smell, the luxurious towels, the textured surfaces and the perfect stream of water create the perfect, unmatched spa-like experience that you seek.
The expert team at Hestia can help transform your modest bathroom into a spa-like experience modeled after the greatest hotel bathrooms. Traveling is fun, but you may not want to leave home after your custom bathroom remodel.
Start with Clean Lines Surfaces
Delivering a peaceful, spa-like look and feel starts with sleek, streamlined surfaces throughout.
Although 5-star properties use fine materials like imported marble and custom glass features, it isn’t necessary to go over budget to achieve a classy, upscale look.
Shower surrounds and bath inserts that are sleek and easy to clean can resemble a luxury ambiance. Hence, select simple, upscale patterns, and hues to model your bath space after the luxury hotel bath of your dreams.
“Simple, upscale patterns and hues will create the luxury hotel bath of your dreams.”
Professional designers can create a luxury hotel experience while working with your current space. It isn’t necessary to expand your bathroom to achieve a high-end bathroom space.
Luxury hotel bathrooms range in size from expansive to tiny, depending on the property and its location.
For bathrooms that are large, break up the space to maintain a sense of intimacy.
Upscale resorts typically use glass, marble, and other sleek materials to provide privacy and separation between tub and toilet areas. Adding a toilet closet is also a welcome option.
A smaller bathroom requires attention to detail and great use of space. So, relying on a minimalist approach to make the bathroom space appear and feel larger can be achieved with the help of a designer.
There is an ongoing trend toward sustainable bathroom materials. Consider bamboo materials and recycled surfaces for a tranquil feel that returns to nature. Eco-friendly LED lighting and water-conserving plumbing fixtures will minimize your home renovation Houston’s ecological impact. Also, it will reduce your utility bills.
When selecting surfaces and fixtures, reflect on your recent luxury hotel experiences and pay attention to color schemes and textures.
Simple designs can easily become luxurious with high-quality materials and details. Your professional designer can help duplicate your experience and create a luxury bathroom experience you can enjoy every day.
Focus on Simplicity
Modern spa-like hotel bathrooms tend to focus on minimalism design elements. Modern lines and flowing layouts show up in the form of floating vanities and hide-away wall storage areas.
“Minimal design features are easy to clean and will remain to look pristine for years to come.”
Minimal design features are easy to clean and will remain to look pristine for years to come. Simple design infused with luxurious detail is the goal. So, consider splurging on a few important features like a premium shower enclosure or self-warming flooring.
Attention to details that are important to your unique taste will allow you to elevate your design without crushing your budget.
From custom bathtubs to shower wall surrounds, lighting and plumbing fixtures, Hestia designers will create your ultimate luxury bathroom experience within your home. So, whether your bathroom project is part of larger home renovations Houston or a small, Hestia team is eager to get started.
Simply repainting the walls and fixing those few broken tiles won’t deliver the luxury results of a hotel experience. But the Hestia team can create something exceptional within your budget. Spa-like serenity awaits when you rely on Hestia to upgrade your existing en suite with the latest select amenities. Contact us at (832) 871-5577 or contact our experts online!
Create a 5-Star Luxury Experience with Your Next Bathroom Renovation Project |Hestia Home Services- Houston, TX
We aspire to sanity and order in our daily lives and strive to pare down, put away, and renovate thoughtfully.
That said, we’re always on the lookout for new ways for staying organized and on track to solving storage woes that don’t involve sacrificing style or living a possession-free, monastic life. With home renovations Houston, you can accomplish the purpose to a large extent.
At Hestia, we believe in better living through organization and what better way than applying Marie Kondo techniques to creating a new living environment.
“The KonMari way is perfect for every room in every home.”
Living rooms function as a “togetherness” spot, and that consideration will influence the selection and arrangement of furniture, finishes, and objects. There is no need to get rid of all decor that makes you happy. Simply arrange them on a shelf in a deliberate and thoughtful way.
Cleanliness in the kitchen is of the utmost importance. Clear, spotless surfaces allow cooking to become more enjoyable. Utilize pantry space for food and container storage.
Bedrooms are where we relax and recharge. Glowy lighting and aromatic candles that induce spa-like sensations will set the tone for bedroom spaces. Clean linens and few objects are the keys to Marie Kondo bedrooms.
Does your bathroom spark joy? If space is not suitable, it may be necessary to consider making renovations Houston. In many cases, cleanliness is the key. Clean the countertops and store toiletries in closets and cabinets.
If you do not have a walk-in closet, home renovations Houston is something to consider. Walk-in closets are small, beautiful rooms that spark joy. Stash off-season clothes out of sight and hang frequently used clothing.
The KonMari tidying process is not about decluttering your house or making it look neat at the moment, but rather it is a lifestyle. Embracing the method means that you will never relapse into clutter, as you will live in a perpetual state of tidying. Your spaces will align with your values and will translate into an overall feeling of joy.
Here are six techniques that will help you get started:
The KonMari Method requires reading and internalizing. Getting started requires a commitment of both time and effort. Stay the course, and the commitment will pay off. If you get stuck or discouraged, employ the expertise of a Hestia interior design expert who will recommend appropriate home renovations Houston to give you a jump start.
Envision the Ideal
Visualize the type of home you want to live in and how it makes you feel. Imagine the ways in which decluttering would improve your lifestyle. Create a vision board, journal your ideas, or sketch out your vision and revisit in times of confusion or discouragement.
Storing rather than discarding increases the likelihood of a clutter relapse. Owning objects that are not needed and do not “spark joy” will inevitably lead to them being scattered about in the future. The first step in tidying is to discard first so that you have an understanding of how much space you will actually need for storage.
Tidy by Category
It seems intuitive to clean and tidy one room at a time. However, as you likely know, that approach is not effective. The end result is that objects are shuffled from room to room. Tidying by category means approaching types of objects one at a time regardless of which place they are located.
“Tidying by category means approaching objects one at a time regardless of which place they are located.”
For example, if you have books lying in several different rooms, gather them all up to assess how much space you actually need for them all. This method also illuminates whether it is time for home renovations Houston.
Respect the Order
A key strategy of KonMari is to tidy in the appropriate order:
When you deviate from this order, you will notice that hours have slipped away without much progress. The order begins with practical and ends with emotional so that there are few distractions while you build traction.
Does It “Spark Joy?”
The most important criteria for whether to keep or discard an object is whether or not it “sparks joy.” While making a decision, engage as many senses as possible, and pay attention to how you respond to the object. If it makes you light, keep it. If it makes you heavy, discard it.
Organizing your home may seem overwhelming, and there are professionals at Hestia who can help. Many times the process will include renovating spaces, adding storage, and creating clean lines. Remember that KonMari is a lifestyle that will leave you with a sense of gratitude and appreciation for your life in general.
For Exciting Home Renovations Houston, Get in Touch with Hestia Home Services
With the help of our professional team, home renovations will become an enjoyable experience for you and your family. Call us at (832) 871-5577 today!
“Spark Joy” With These Six Marie Kondo Techniques of Home Organization |Hestia Home Services – Houston, Texas
Sometimes renovating your home can feel like you are throwing money down the drain. However, certain Houston remodeling projects will not only create a more elegant and functional space for your family but will also increase the value of your home.
Continue reading to learn about our eight favorite home renovations that pay you back in value.
Depending on what kind of addition you want, the average cost of this addition could be anywhere from $21,000 to $65,000+.
Off The Grid
As extreme weather systems increase, homeowners are exploring ways to power their home in the event of power failure.
A welcome home addition is a whole-house backup power generator. Whether you opt for gas, solar, or a combination of both, installing a backup generator provides security while you live in your home and is also a high value selling feature.
Not only do renovations improve your quality of life, but they can pay off with a higher sale price later.
Work with Hestia Home Services for Houston Remodeling and Renovations
Relying on experts to help along the way will reduce your stress level and allow the home renovations to be an enjoyable experience for you. Now, start planning and soon you will be enjoying your remodeled home! Call us at (832) 871-5577 or contact our experts online!
It’s Totally Worth It! 8 Home Renovations That Pay You Back |Hestia Home Services – Houston, Texas