Quite often, I’m asked by homeowners and sellers alike for advice on remodeling. Here are my six best tips for a successful remodel.
1. Start with a realistic budget.
Don’t rush into your project without seriously budgeting for materials, supplies, and tools! Try to be as specific as possible so you know you’ll have the budget to finish the project. Be sure to set a completion date.
2. Stay consistent with your home’s overall style.
Creating a contemporary addition to a classic farmhouse or changing a room that becomes out of sync with the rest of the house is never a sound remodel.
3. Don’t attempt to do everything yourself.
Many people hear the price of a contractor, and try to do the entire project themselves. Price around. Recognizing your limitations may be difficult, but you only have so many skills and so much knowledge.
4. Don’t necessarily hire the lowest bidding contractor.
Going with the lowest bidder may not always be the best choice. Check to see whether your contractor is stable, including being licensed and insured.
5. Consider the effect on your property value.
When considering the importance of projects, be sure to put heavier weight on those that will have a good impact on your home’s resale value.
6. Don’t over-personalize.
In general, avoid making permanent changes that are far from neutral, unless you’re really advertising a particularly valuable niche within your home.
By following these six tips, you’ll be well on your way to a home that will make the most of its value when you do decide to sell! If you have any remodeling tips you’d like to add, feel free to leave them in the comments below. And if you have any questions about selling or buying a home in metro Albuquerque, be sure to contact me today!
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