Are you thinking about remodeling your home but haven’t moved forward with your plans? Thousands of homeowners decide to embark on a home remodeling project each year. Is remodeling the right move for you and your home? Don’t let your worries discourage you. We’re here to help you every step of the way. We’ve put together a tried-and-true checklist of the five most important questions to ask yourself before committing to a home remodel.
1. Can You Afford It?
Before making any major life decision, the biggest question is financially how far it will set you back. Will your decision cast you into debt? Or will you have to forego the family’s annual vacation? The price of home projects can vary depending on the size of the project, the time needed to finish the project, and the extent of work required for the project. No rule of thumb exists regarding how much money you should have in your savings account before planning a home remodeling project.
Remodeling kitchens, bathrooms, and basements are usually the most expensive projects due to the complexities of utilities. It’s always good to consult with several contractors, plumbers, and experts for quotes. Getting quotes from several different companies will give you a solid idea of how much your project will cost you. You may also be able to work with your home loan provider to secure an equity loan to fund the renovations since the value of homes usually goes up after a remodel.
2. Does Your House Need Remodeling?
As houses age, they will slowly show signs of wear and tear. Eventually, they will need a facelift to keep them looking young and ensure they’re safe and comfortable to inhabit. One sign of an aging house you should look for is a constant stream of dust. Dust that appears to be coming from your roof can signal that the roof or upper floors of the home are aging and are slowly losing their strength. Leaks, cracks, and strange odors are signs of a deteriorating house.
Issues like loose floorboards, rotting roofs, and expansion joint separation can be hazardous for a house’s occupants. You need to address these issues before they become a bigger problem or put your life at risk. The bigger the problems in your home become, the more time and money you will need to invest in repairs. It’s essential to identify the issues and repair them as soon as possible to prevent an expensive and lengthy project.
3. Is Your House Outdated?
As your house ages, so do its appliances and amenities. Appliances are usually the first items that you need to replace. Sometimes, fixtures and hardware can become so outdated that they no longer fit specific safety codes; and everything needs to be up-to-date and up to code to pass an inspection. As with all significant changes to a house, you’ll need to have the home reappraised to determine the property’s new value.
Without a passed inspection, your house will need even more extensive repairs. In addition, faulty appliances can pose a serious hazard to you and your house. That is why you should update appliances and amenities before they hinder your house’s value.
Your house will need updated appliances and amenities, especially if you plan to sell or rent the home. Without them, the house will become a liability, and home inspectors can discourage a home from any prospective buyer or renter. Plus, having updated appliances fosters a sense of goodwill toward a homebuyer or renter.
4. Is Your Lifestyle Changing?
Are you planning on adding an addition to your family? Or have all of your young ones left the nest? Are you planning for retirement, or is your home a favorite place for your friends, family, or neighbors to gather for special occasions? A home remodel may answer life’s biggest questions wherever you find yourself in life. Maybe you wish to add a spare bedroom for guests, or you’re hoping to convert a home office into a home gym. There’s no need to endure the painstaking labor of joining the housing market when a simple remodel or addition may be what you need.
Think of home renovations as smaller investments into your most significant investment: your home. Most people have formed an emotional attachment to their homes longer they can stay in them, so they’ll be happier. Renovations and remodels increase the value of your property. However, they also ensure that you enjoy the largest return on the most significant asset you’ll own in your lifetime for the longest period.
5. Is the Time Right for Home Remodeling Services?
Home projects require a lot of time and patience, especially when things are likely to go wrong or be delayed. Many homeowners like to save the warm spring and summer months for home renovations for several reasons:
- It’s much more pleasant to work in fair weather.
- You can easily use vacation time to tackle home projects.
- The days are longer so you have much more daylight for accomplishing tasks.
Home projects are a lot of work, especially when embarking on home remodeling for the first time. While a home remodeling project can leave you much to think about, you should plan renovations for times you can commit to them.Hestia Construction Design is a whole-home remodeling company that focuses on expertise and high-quality home remodeling services and renovation. When you need a well-trusted company for all of your home renovation projects, room additions, and other services that can enhance the value of your home in the Houston and Austin areas, you can turn to us to execute your vision when you remodel your home.
5 Signs It’s Time for Home Remodeling Services — Houston, Texas