A recent Wall Street Journal article confirmed what many people in the contracting industry already knew – that more and more people are implementing remodeling projects that they have been putting off for years.
People are moving beyond just the basic repairs necessary to make their home functional and impleementing the kind of home improvements that mean they can continue to life comfortably in their current home rather than braving a housing market that is continuing to bottom out.
When you are planning remodeling projects though you should not forget the impact on your home’s eventual resale value. Although you may be planning to stay put for the foreseeable future, history has shown us that eventually the real estate market will rebound again and putting your home up for sale will become an attractive option again.
With a little planning, finding the balance between your current needs and desires and what will attract buyers in the future is not that hard to do. Certain projects are always going to appeal to both current homeowners and any future potential buyers because, done right, they are always going to improve the look, function and value of a home.
Bathroom remodeling and kitchen remodels are a perennial best bet. But there are other remodeling projects that fall into the same category as well. Basement remodels and attic renovations are always popular, with attic conversions really gaining in value over the last few years.
No home remodeling project is eve going to add value to your home if it is sloppily executed though. That is why finding the right home remodeling contractor is the real key to the success of any project you undertake around the house,whether you ever intend to sell up and move on or not.
Tags: attic conversions, attic renovations, basement remodels, best bet, finding the balance, future history, kitchen remodels, remodeling projects, street journal article, wall street journal