Why Do Home Remodeling?

Presently, more homeowners are opting to stay put and do remodeling to update the look of their current homes rather than buying a new one. It is stressful to do remodeling but moving out can be the more stressful choice. There are diverse reasons why remodeling our homes is an excellent idea. To add a sense of style is one of the greatest reasons especially if your home is out-dated. Remodeling permits you to modify your home to suit your personal tastes and sense of fashion and in the meantime not foregoing your current vicinity especially of your kid’s school or that of your job.

The following are just some of the many reasons why people remodel their homes.

New Amenities

One reason for home remodeling is to have a change of scenery and add new amenities to your home. You may want to keep the older trends that create appeal to your home and at the same time you can add excellent amenities to make life easy for you and for your family. If there is continuous traffic in your shower area, it is time to do some remodeling

Increase Home’s Value

Remodeling increases your property’s worth. To make your home appealing to potential buyers, remodeling is a great notion. Selling an out-dated home can be hard since there are new homes today with great amenities added. Potential buyers are always fascinated with these houses. By just fixing up one room especially the bathroom, can greatly add up to the resale value of your home.

If lack of space is the problem consider putting large cabinets for storing pots and pans. An updated space creates an environment that is pleasing for homeowners to live in while paying off higher resale value. As far as the resale value is concerned, every home remodeling that surpasses the updates done by your neighbor is a commendable investment. It doesn’t pay to be the most luxurious house in the vicinity since most potential buyers are matching up your house to those newly constructed ones.

Repair Damages

Eventually your house may deteriorate and from time to time problems may pop up. You may solve these problems when you do remodeling. When there are leaks, problems with fixtures and other elements of wear and tear, remodeling is the best option.

Energy efficient Home

Make your home energy efficient so that you can save time and money when you do some remodeling. Be sure to add efficiency to your home so that you can save more resources and at the same time conserve energy. A well placed window and lighting fixture could make a difference in your utility bills.

Remodeling entails many benefits whether you remodel just one room or mend the entire home. Remodeling may take some time but having an attractive home that is pleasant to live in is worth the wait. Hence, doing home remodeling is worth-having and satisfying.

Conventional vs. Mobile Home Remodeling

Mobile homes are actually cost effective, and yet still comfortable and livable. Though, it may be different from the traditional or conventional homes, it still has the same basics that those homes have. It’s inexpensive but homeowners still enjoy comfort and beauty. It also goes without saying that if house remodeling is a trend in the conventional homes, the same goes with mobile home remodeling as well.

There may be similarities and differences in remodeling a conventional and mobile home. It is simply because, the materials and structures are different. There are materials that may be of good quality and very good for the conventional homes but it’s a no-no in mobile homes. There are also differences in the repairs, maintenance, cleaning, and renovating of mobile homes. This is why mobile home remodeling is quite a challenging task for the homeowners. However, if they are creative, resourceful, and practical, then it’s not really that difficult or tiring after all.

In mobile home remodeling, one has to consider some important steps and factors that are critical in these types of homes compared to the typical ones. Consider the structure and level of the home, its balance and stand on the ground. Another one is the cleaning and maintenance of the exteriors, make sure you ask first from a mobile home professional or specialist store if the cleaning materials and products you’re using are apt for your mobile home. For the renovation of the interior parts, try to look for the best and most suitable walling, ceiling, and flooring materials, it doesn’t mean that, if the tiles are good for conventional homes, then it’s also good for the mobile homes, remember that the structure and composition of these two homes are different. Plumbing, painting, and wiring also must be accounted for, refer to a professional or expert when dealing with this, because if you’re not really familiar with these things, you may get disappointed at the result afterwards. Some small fixture which you may not bother to consider when remodeling a conventional house, oftentimes matter in these mobile homes, like the door knobs, faucets, showers, etc.

Mobile home remodeling vary in its steps, ways, and reconstruction, compared to conventional home remodeling, but what’s important is that homeowners must learn the ins-and-outs of their homes first, before they embark on this remodeling journey. Studying the house, planning the renovation, and creating the remodeling design are the first basic steps one must take, whether he’s redesigning his mobile home, remodeling his conventional house, or reconstructing his place.

Best Home Remodel Returns on Investment

Many a homeowner spends thousands of dollars on a home remodel only to find out that in reality it has not changed the value to their house. Unless the remodeling project is designed to fix a structural problem or flaw it is often unlikely that the homeowner will make a profit aside from the pleasure in having the house enhanced to fit their liking.

Most of the time projects such as a kitchen, bathroom, window or deck remodel have shown the greatest return of value. If cost recovery is an important consideration then homeowners should think about their remodel from the perspective of a potential buyer.

If you are a first time home buyer looking to enhance your house and then move to a bigger home, or someone who is considering downsizing from a single family to a smaller condo or apartment here are three things to consider when remodeling your home.

1. Location
A common mistake among homeowners is to improve their house more than that of the neighborhood it is located in. While the more improved house might possibly receive more interest than others in the area marketed it is unlikely to command a premium well above the average selling price of homes in the neighborhood. A little known fact is that market price is held in check by the lowest-priced homes in your neighborhood and not the other way around.

The physical geographic location of your home will also have an impact on which projects will have the quickest or greatest payback. The cost of a swimming pool makes it difficult to recover the cost of installation. Some times, it can even reduce the overall value of a house. However, if you live in the southeast or southwest of the United States, a swimming pool can be a valuable addition to a home especially during the hot summer months.

2. Time
While you may not be planning on moving houses immediately after a remodel, time does impact the ability of a remodel to increase a houses value. Structural or design improvements such as an addition or completed basement will add value for a longer period of time than updates to a kitchen or bathroom or even technological improvements such as a new furnace or air conditioning system.

Knocking out a dining room wall and opening up the space for both cooking and entertaining might give you the kitchen of your dreams but this remodel does not increase the square footage of your home. Likewise a kitchen overhaul with new glass tiles and an island space might bring you much enjoyment but following whatever the newest trend is risky given that the trend might be obsolete when you choose to sell.

The water purifying system that you spent $1500 on might be an eco-friendly upgrade that you think is significant but it will typically not bring any added value to a potential buyer and also runs the risk of not being the latest and greatest a few years after installation.

3. Consider the cost – and the return of your investment
Did you know that there are several sources that can give you insight into the expected payback for home improvement projects? Realtor magazine publishes an annual “Cost vs. Value” report that compares the cost of common remodeling projects and shows the payback that homeowners can expect. The report for 2009 can be found at: http://www.realtor.org/rmohome_and_design/Articles/1001_costvsvalue_2009

Remodeling magazine publishes a yearly report that compares the national and regional averages for 33 popular remodeling projects. To look at the current 2009-2010 report click on http://www.remodeling.hw.net/2009/costvsvalue/national.aspx
Another tip to consider is that when contemplating two equally useful changes, homeowners should research local real estate guides to determine which of the projects will most likely pay for itself. Home prices are always reflected in the taste of the local property buyers and the price that the buyers are willing to pay for the given neighborhood.

As with most projects a little bit of homework will go a long way in helping you determine what will pay off and what will not. However it is always important to consider the value that you as the homeowner will receive from the remodel project over any cost recovery that comes with resale. Ultimately it is your home and your satisfaction that makes the remodel worthwhile.