According to the National Association of Home Builders (NAHB), over $200 billion is spent on home remodeling projects yearly. This figure is very probable considering the numerous home remodeling projects in California and other parts of the United States.
There are different reasons homeowners undertake a remodeling project. Some people execute home remodeling projects just because it’s their passion, some do it in order to give their home a new look, others seek to increase the value of their homes. Whatever the reason, home remodeling is a project you are more likely to undertake sooner or later.
Home remodeling gives you aesthetic privileges as well as comfort. It can also increase the value of your house. Frankly, home remodeling is just one of the ways to increase the value of your home, but it stands out because, on average, it provides the highest return on investment (ROI).
How to Plan a Successful Home Remodeling Project
There exist many types of home remodeling designs such that you can only be limited by your idea and budget. The first thing you want to do is pin down exactly what part of your home you want to remodel. After doing this, you should consult a building designer to help plan how you can bring your idea to reality.
An architect takes care of the design aspect to see how space can be effectively managed to deliver a perfect remodeling job. For large-scale remodeling projects, the service of a structural engineer is a must. Structural engineer helps to assess the gravity and lateral loads acting on a structure so as to uphold the integrity of the completed home.
Moreover, you want to make sure that the architect, structural engineer, or building designer is well qualified. You can ensure this by looking at their personal track record or by engaging the service of a reputable structural engineering company or architectural design company in California.
Furthermore, you must realize that while it is important that this renovation project satisfies your expectations, you must also put into consideration, increasing its potential for future sales. Consequently, you want to put your emotional feeling into check and incorporate a remodel design that is saleable.
This does not imply that your needs are not a priority, rather, a compromise must be made and a balance must be sought between your desires and the market sale potential. This way, you’ll end up with a highly successful home remodeling for which you’d be very happy.
There are countless ideas when it comes to renovating or remodeling your home. Sometimes, even deciding on which design to stick to can be daunting. Sadly, some ideas end with undesired results due to improper planning. Sometimes, the design might even look beautiful and may offer a low rate of return. In worst cases, it can even reduce your home value causing a negative ROI.
This emphasizes the importance of adequate planning when you plan on remodeling your home. A top-notch structural engineer from a proven structural engineering company and a seasoned architect form a reputable architectural design company in California must be consulted.
Here are some of the most common renovation and remodel ideas that not only beautify your home but also increase the value of your home substantially;
The kitchen remodeling transforms your kitchen. The kitchen renovation can be minor, medium or large scale. Several kitchen designs exist and some include; prep and storage to allow for adequate storage of canned food, working centeredness to make the cooking process much easier and cleaning centeredness to make
the cleaning process much easier.
Bathroom remodeling enables you to incorporate the latest bathroom design ideas. Some of these include a nature-integrated design to expose your bathroom to nature’s green surroundings or a modern design that is lavished with the latest design style.
Bedroom renovation updates the features of your master bedroom to meet up to the current trend. They include new construction of bathroom features, suite decoration, new furniture, lighting as well as built-in storage.
Windows allow you to view your surroundings. Window replacement ideas include a double-hung window, slide window with custom shape and strength that would give your home a stylish look and adequate protection.
Includes remodeling bonus rooms, attic bedrooms, and the likes.
To start with, home renovation brings out life from your home; making it look new and desirable.
Various factors affect the ROI of a remodeled home such as the location, economic conditions and ultimately, the amount a home buyer is willing to pay. However, on average, home renovating has been proven to provide a high return on investment; between 70% to 80%.
To enjoy maximum return, never try to go above what you can afford. Cut your coat according to your cloth. An extensive renovation project is going to demand a huge budget. If its location doesn’t justify that price, it might be quite difficult to get an adequate return on your investment. Fortunately, we have architects and structural designers who have your best interest at heart and will work with you, irrespective of your budget.
By understanding the market demands and considering other important factors, you will be able to undertake marketable renovation that will enable you easily recover all your investment costs and will also yield a high ROI.
Home Remodeling has been shown to be a good way to bring your home to match up with trending design while also increasing your home value. However, if you desire to increase the space in your home, then you can simultaneously incorporate a home addition project. This way, you will substantially reduce construction costs.
Always remember that ultimately what will decide the success of whatever project you intend to undergo depends on adequate planning. Therefore, never forget to engage the right structural engineering company for structural analysis and the right architectural design company in California.