Most of us don’t need a reason to update our houses. It’s exciting and new. But there’s cost, and time and a slew of other reasons not to remodel your house. If that’s you, you need to hear the reasons why now is the best time!
- Last year, Americans spent $130 billion on remodeling and renovation projects, according to U.S. Census numbers. While you may not feel the need to “Keep up with the Jones’,” you don’t want to be left behind when the neighbors enjoy the rising property values and you don’t.
- If you’re thinking about selling your home – even if it’s a little ways down the line, then it’s time to start the redecorating. You’re going to have to make your home look like new to get the best price for your home and prevent it from sitting on the market for months or years. You should enjoy the upgrades a little before selling anyway.
- Better appliances and features can save you money in the long run. New energy efficient appliances can save you hundreds on your utility bills and the same can go for windows and other features that will be replaced in the remodel. Not to mention you could find and solve small problems that could become expensive ones if ignored.
- You may not have to shell out tons of money. You can get a home equity loan or line of credit. Just be sure you don’t use all your equity to avoid losing your cushion. You also don’t have to go big. Painting the cabinets and changing out the back splash (both DIY projects) can make a big change in your home with little money spent.
- You need a change. Your home should be your oasis. Sometimes, especially when it’s outdated, it can start to feel like a prison. No one should be subjected to that feeling in their own home. An easy way is to figure out what you don’t like most and change it.
Now that you know why you should be renovating, it’s time to remind you that you need to be cautious. If you upgrade your home to much that it doesn’t fit in the neighborhood anymore, you’re just throwing away money. It’s a much better idea to consult a real estate agent before making any big changes to your home to ensure that your ROI will be worth it. For more tips or to consult a true real estate professional, call Helen today at 847.967.0022 or email [email protected].