Remodeling a home is a major task, especially if you’re remodeling with the intention of selling a house. Flipping houses isn’t just a get-money-quick scheme anymore; lots of people buy and renovate houses on the regular, making it their main source of income. But with that being said, there’s a certain amount of risk to newcomers — you can’t just renovate a home and expect it to sell. Rather, you need to renovate with both practicality and curb appeal in mind. First and foremost, of course, the necessities should be taken care of. Some houses are in complete disrepair when first bought — the cheaper a home is when you initially buy it, the more of a profit you stand to make. This means that you might have to start with the basics, like HVAC services. You’ll also want to be in touch with a plumber, as well as handle issues like leaking pipes and basic repairs. Then, you can move on to truly remodeling a home. A real remodeling job means looking beyond what you want out of a house, and thinking about what will sell on today’s market. Below, we’ll list some of the top issues that should be on your mind when remodeling a home — and what will yield the greatest return on your investment.
1. HVAC Services
In America, air conditioning and heating have become less of a perk and more of a necessity. It’s easy to see why. Most regions in America are prone less to temperate weather, and more to extreme highs and lows. Therefore, HVAC services aren’t just a matter of comfort, but have become truly necessary to running a house. A lot of older homes have HVAC systems, but they’re incredibly outdated and sometimes in complete disrepair. In some cases, it may be enough to have an HVAC company repair the system. In others, however, HVAC services are better off being completely replaced. The older and more outdated a system is, the more it will cost a homeowner in the long-term, simply because heating and cooling bills are dependent on the efficiency of a system. A potential buyer will want to know about the heating and cooling systems in your home, and won’t be satisfied with paying a lot for an older system. You’ll stand to make more of a profit if you replace a system — or at least manage heavy-duty repairs.
2. Bathroom Repairs
Did you know that a bathroom remodel is the most requested renovation in the United States? In fact, bathroom remodeling jobs account for 78% of renovations, and it should be easy to understand why. A bathroom is, of course, a necessity. It’s also an oasis. People want to be comfortable in their bathrooms, and able to relax. For that matter, a plumbing issue is not only tedious and annoying, but can become quite expensive if it isn’t deal with early. It’s estimated that the typical household’s leaks account for over 10,000 gallons of water lost each year — that equals 270 loads of laundry. In fact, fixing some easily-corrected household leaks can save homeowners 10% on their water bills. Of course, remodeling a bathroom is about more than just fixing plumbing problems. Upgrading things like showers and bathtubs can yield great returns on your investment, and completely change a home’s appeal. People have a certain expectation when it comes to bathrooms in this day and age — they need to go beyond practicalities.
3. Kitchen Remodeling
It’s estimated that a minor kitchen remodel offers a return on a homeowner’s investment of up to 82.7%. People love taking pride in their kitchens. Just adding something out of the ordinary, like a pizza oven or kitchen island, can make your home more memorable. A kitchen is a place where people prepare food, yes. But it’s become more than that. Potential buyers want kitchens to be places of community and fun, too.