Whether you plan on staying in your home for another decade or selling it off to the next lucky buyer, you want to make it as livable as possible. Renovation projects enable you to hyper-focus on restoring particular elements of your house. By replacing the old with the new, poorly maintained homes are taken out of their state of disrepair.
Your budget depends entirely on what needs revamping. Although renovations tend to be much more cost-effective than new construction, some projects take a significant amount of time and money. Let's break down the four types of Austin home renovations Bat City Builders can help you get started with.
The Basics
The basics consist of features that all homeowners expect out of a house. For instance, everyone would hope to have solid floors, functioning plumbing, and walls that are without damage. When looking at upscale properties, it may come down to the number of bathrooms and bedrooms, or even a garage that fits multiple cars.
By comparing similarly priced homes in the neighborhood, you will be prepared to judge what renovations need to be made. Note that adding common features may not add value to the property, however they do continue the set standard.
Curb Appeal
Nobody wants their house to stick out like a sore thumb in their neighborhood. Considering curb appeal during home renovations allows you to have a better, faster chance of selling. Aim for the property to look its best, but shy away from expensive, bold choices that aren’t for everyone.
Curb appeal ranges from the entryway to the garage door to the finest trim details. You should also put attention into how the front lawn and driveway look, ensuring that it gives a good first impression to your prospective buyer.
Value-Added
Home renovations that provide value are ones that will give you maximum returns when it comes time to sell. These can include fixing up your kitchen, installing new windows, and updating your lighting fixtures. Going into these projects requires consideration of whether the split between cost and value will be worth the investment.
As an investor, you need to understand what facilities are needed by the average person. Even if the house has some valuable components in the grand scheme of things, it isn’t inherently valuable until it has enough amenities for both the homeowners and their guests. By planning accordingly, you have the opportunity to make wonderful improvements to the home.
Personal Preference
You should be wary of incorporating personal preference projects into your budget if your intention is to sell soon. Not everyone is going to be interested in the same things you are, especially if you are replacing commonplace features. The buyer may want to put effort into implementing their own preferences after moving in, stripping away your hard work.
However, if you are in the process of creating your forever home, you should feel free to spend money on that koi pond you have been dreaming about. The chances are that you won’t get back the money you put out, but if expanding your game room is what will make you happy, go for it.
The biggest tip we can provide is to center your renovations on improving the functionality of your home to make it the best and easiest place to live. Contact us if you have any further questions about our services for Austin home renovations.
Photos, in order of appearance, by:
- Rene Asmussen
- Tima Miroshnichenko on Pexels
- immo RENOVATION on Unsplash