Renovating a home is a popular option for those looking to increase the resale value of a home, and there are many possibilities. Though renovating a home requires work, whether by the owner or a contractor, and there is a financial cost as well, renovating a home can lead to feelings of positive emotions when done correctly, as the additions help.
There are many kinds of renovation projects a person might undertake in the general life of a home. There is the basement, where basement finishing, basement remodeling, and basement renovation is possible. There is the garage, where there can be a garage addition or a garage builder. There is the deck, which may cover deck cover design. And more.
Of the possible renovation projects, the one that has some of the highest return on investment value is the outside of the house, or the lawn. According to some statistics, the return on investment for landscaping is 150%, meaning that a project that costs $1000 will make back $1500 when it is time to sell the home.
Renovation projects can include those that are lower priced (such as adding finishing to a wooden siding) to higher priced (putting in a whole new room or building a deck, each of which is likely to cost thousands of dollars. And there are projects every where in between. There is the option of putting in new flooring or adding marble to counter tops.
Choosing the right renovation project is a demanding task but has the potential to be exciting. The demands that come from choosing the right renovation project come with the finances and the work. The finances can take a toll even with the smaller projects. The work takes a toll if a person knows how to do it. If not, it’ll cost.
There are many statistics out there about home renovations. There are some in the following section.
- According to surveys conducted by the National Association of Home Builders, finished basements have become some of the most popular renovation projects over the past two decades.
- According to a recent survey, almost two-thirds of homeowners are planning on renovating.
- According to the 2016 U.S. Houzz and Home survey, over two-thirds of homeowners on Houzz (68%) plan to include a recreational area in their newly-built custom home.
- According to the 2016 U.S. Houzz and Home survey, over one-quarter of custom built homes (29%) included a gaming and entertainment room.
- According to Home Advisor, the average basement remodel can have up to a 70% return on investment.
There are many reasons to do a home renovation project. First, there is the opportunity to make additions to the house that are attractive in some way to a homeowner. Second, there is the opportunity to make a good return on investment compared to other projects, which would help when the house is being sold.
Third, little can make up for taking a negative part of the home and making it into something that the homeowner can enjoy. If that carpet covering the living room floor is an eye sore, a person might be more interested in making it hardwood. This takes work and time but may be valuable in the end.
The deck is one of the places people like to remodel from time to time. It is also possible to build a deck with an eye for deck cover design. Decks take work and time, as they are usually built out of wood and finished. Deck cover design comes when the project is nearing completion and the deck needs a cover.
Deck cover design can come from many areas and many people with some sort of eye for detail. Deck cover design can be a family based activity and decision, with deck cover design also possible through a company that uses generic deck cover designs for customers. Either way benefits the deck.
In the case of a deck or in the renovation of a home, it is possible to hire a residential contractor. A residential contract may go by several different job titles. That person may be called a home remodeling contractor, a home renovation contractor, a deck cover contractor, and more.
There are many options for renovating a home, with concerns for the financial and work aspects of the job that is required.