- Whether you are selling your home, just purchased your first home, or are a homeowner planning to stay put for a while, there is value in knowing which home improvement projects will net you the most Return On Investment (ROI).
- While big projects like adding a bathroom or a complete kitchen remodel are popular ways to increase a home’s value, something as simple as updating landscaping and curb appeal can have a quick impact on a home’s value.
- For more information about top renovation projects that net you the most ROI, you can check out the complete list here.
4 Reasons To Live In A New Home Before Renovating
It’s no secret that we all love our homes, and buying a new one can be an exciting investment. We put great effort into personalizing that home so that it represents who we are. home buying checklist
Now the big question here is; should you live in a new home before renovation or renovate it before you move in? Home Buying Checklist
Basically, if it’s lighting or plumbing repairs that you need to make the house habitable before you move, there’s no problem at all. Proceed with those minor renovations. However, if this is a big project it will require a lot of thought, planning, and resources to complete. Therefore, recommend you live in your newly acquired home for some months before knocking down its walls. Home Buying Checklist
In this article, you’ll read four good reasons you should consider living in your home before you dive right into major improvements or renovations.
Increase Your Square Footage By Moving or Renovating
If your house is getting too small for your family you have two choices you can make, you can add on to your existing home, or you can move into a bigger one. Both options have their benefits and their drawbacks. Read on to find out some of the things you should consider before making your decision. Home Buying Checklist
Think About Your Needs
Consider why you feel your home is too small, and then decide what your specific needs are. If your current home could meet those needs with a more efficient layout, then a renovation might be the better choice for you. Think about bedrooms, bathrooms, the kitchen, and shared areas. If you can add space by developing the basement or attic, then you may be able to make it work. Renovating works best if you really love the location of your house and your yard. If you don’t really care for the location, then you might prefer to move. Home Buying Checklist
Don’t forget that if you are renovating, you may be limited in regards to what you can actually improve upon. Zoning and building laws can prevent you from making certain additions, and can even restrict the type of renovations you do inside your home. Once you look into your municipality’s regulations, you may find that an addition isn’t even a possibility. Home Buying Checklist
If you do decide to move to a new home, be sure to make a list of all the things you love about your current home first. Read more…