Are you thinking that it might be time to renovate your home? Maybe you’re trying to convince your partner and you need some smart reasons. If so, you’ve come to the right place.
Better Chance Of Selling Your Home
If you renovate your home now, you have a greater chance of selling your home within in your desired timeframe. Even if you don’t plan on selling until later, renovating it is still a great idea. You’ll likely make your money back on your renovation investments, and then some, if you choose your renovations correctly.
Make sure you do your research and know what people are looking for. Bear in mind, you don’t want to end up pricing your home out of the street, or making it look like the odd one out. This could hinder your chances of selling for the price you want and in the timeframe you want.
Renovate Your Home To Make It More Valuable
When you renovate your home, you’ll make it more valuable. You can add more value than you actually spend if you choose wisely. Just remember, things such as ponds and pools can actually bring the value down if you don’t research and think about them properly. Not everybody wants to deal with the money and maintenance costs that come with having water features.
However, excellent gains can be made by putting money into the garden. There’s an old adage “Spend $100 in the garden and you’ll add $1,000 to the house”. And keep in mind,when you renovate your home the wet areas – kitchen, bathroom, laundry – are the most critical to gaining interest from buyers and an increase in perceived value.
Renovate Your Home To Make It More Energy Efficient
Energy efficiency is a big consideration when you renovate your home. You can add solar lighting, solar panels, double glazing, LED lights, seal cornices, and buy more energy efficient appliances. This will make your home more attractive to the new age buyer, as well as save you money on your energy bills. Plus, you can sleep easy at night knowing you’re doing your bit for the environment.
Renovate Your Home To Make It More Practical
When you renovate your home you have the opportunity to make it more practical. Having lived in your home for a while, you’ll likely have areas and points that you don’t consider to be practical. You may even consider them to be annoying. For example, traffic flow through a home is important. Do you have bottleneck points where the traffic could flow better? Could you replace worn carpet with tiles, slate or wood on high traffic places? Would taking out a wall or adding a window create better visual flow through the house?
This is why living in a home for at least six months BEFORE you renovate is also very important. You get a feel for what works and what doesn’t.
Your Home Feels Boring And Stale To You
If your home feels boring and stale to you, you don’t need any more reason than that to renovate! Your home should be a joy to spend time in. It should make you feel relaxed and uplifted. A range of positive emotions depending on the room in which you are spending time. Your home should always be beautiful and never boring, say the guys at MDM.
You Don’t Want The Stress Of Buying A New Home
Buying a new home can be very stressful, as can selling your previous one. By renovating your old home, you can make it feel brand new. You won’t want to move, and you won’t need to go through the hassle of it!
There you have 6 smart reasons you should renovate your home. I hope they have helped you to decide what you’re going to do. If you have any thoughts or tips of your own, please leave a comment below. Thanks for reading and come back soon!
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