Winter is the perfect time for home remodeling. Yes, winter is the time to cuddle up with a cup of hot coffee, a warm blanket, and the television. With the cold and the longer nights, most people do not want to face any home remodeling projects. However, winter is the perfect time to have one. There are a number of great reasons why getting those home remodeling projects handled in the winter can be beneficial.
Find Better Inventory-
Since fewer people are doing home projects in the winter, the stock for products such as cabinet selections, flooring options, and fixtures is at its highest point. You can find more selections and get better pricing because most manufacturers are holding sales for the winter months to clear out older stock or to introduce new items.
Warm Weather Fun-
Completing a remodeling project in the cold bad weather means that this spring and summer when the weather is great, you won’t be stuck dealing with a contractor in your home or spending your time without specific areas of your home available to you. Instead, you will spend that time enjoying the space you created and the weather while your neighbor is waiting for his remodeling job to get started and fighting to get the right fixtures at the hardware store when they are all out of stock.
Avoid Seasonal Spring Increases-
Most contractors and manufacturers increase prices in the spring before the busy season begins. Everything goes up from wood to countertops. The new inventory is out and last years inventory is gone.
It’s human nature, to take full advantage of the warmer days by planning and completing our home projects. The sun, the longer days and warm weather just get people going. We get that. However, the is also the time when most contractors are seasonally busy. Spring is the time when we are in full swing and finding time to schedule customers into early spring project completion fills quickly. Consider getting ahead of the game and finish your project during a less busy time of year to be assured that your project is done in time for the hot summer days.
Just like the contractors, the financing companies also have a busy season for those Home Equity loans they offer. Springtime is the busiest with backlogs of paperwork. According to SmartMoney.com , homeowners should choose carefully between a Home Equity Loan or a Home Equity Line of credit depending on the project or projects that are intended to be done. Also, rates change often. In the winter, many lending institutions offer both options at a variety of “deals” and you can shop around a bit easier.
Make use of those cold winter months because winter is the perfect time for home remodeling. Get a jump on your home remodeling projects before the busy season. With a little planning, building a deck or adding a porch can take place in the winter as well. No, you can not build during a snowstorm, but, there are a lot of days that we can get out and complete a project well ahead of schedule. Also, consider those indoor projects like kitchens, baths, and basements. Getting those completed so that you can enjoy the summer months having friends over to enjoy those things makes sense. Give High Quality Contracting, Inc. a call for your winter remodeling project!
We all want home renovations with high ROI. If you are trying to decide which home projects you should do first, or if you are considering listing your home soon, you may be interested to know which home renovations give you the best bang for your buck. You may be considering updating appliances, carpeting, and paint to be the place to spend the money, but, don’t be so quick. According to a recent article in US News and annual reports in Remodeling Magazine, you may be better off spending your money in other areas instead.
Here are six great projects to consider that offer the best return on your investment.
It is true that the hub of any home is the kitchen. A kitchen remodel can recoup anywhere from 65- 80% and add value to your home quickly. It is a crucial selling point for most buyers as well. When remodeling your kitchen, consider upgraded modern countertops, cabinets, flooring, and lighting. You do not necessarily need to make a complete overhaul of the kitchen, however, consider at least a few of these options to get that updated look. If the kitchen is closed off from the rest of the house, look at opening up a wall to allow for an open concept. This may mean the difference between a quick sale or one that sits on the market for months.
Another prime area for investment is the bathroom. Remodeling a current bathroom will recoup a higher return than adding a bathroom. However, according to Remodeling Magazine and the National Association of Realtors, if you only have one bathroom and multiple people are sharing it, an additional bathroom may mean the difference between a sale or not.
When considering upgrading your current bathroom, updated tiles, tubs, sinks and cabinetry is vital. Increase lighting and space where possible. If adding a bathroom, the placement of where this bathroom is can be significant. Many people enjoy having an en-suite to the master bedroom. Your High Quality Contracting, Inc. remodeling expert can help design the perfect bathroom for you.
More Square Footage
According to the National Association of Realtors, a home renovations with high ROI include increasing your square footage. A homeowner can expect to recoup upwards of 69% for refinishing a basement, attic, or other space in a home. By increasing the livable space in a home, you can assure that you will dramatically improve your home’s value.
Research the going rate per square foot for living space in your area to get an estimate for the value of the increase.
Remodeling Magazine states that you should not invest in the top of the line for a window upgrade if you are planning to sell. Instead, invest in a midgrade product that is energy efficient. It increases the possibility for a faster sale, as well as brightens the room. You can expect to recoup upwards of 74% on vinyl replacement windows.
2017 Cost Vs. Value Report in Remodeling Magazine reports that the number one ROI investment into your home was professionally installed attic insulation. Because of the substantial improvements in insulation products becoming more energy efficient and lasting longer, this upgrade makes sense if you are planning to stay or leave. Not only do you lower heating and cooling costs, but, you ROI is roughly around 108%.
Updated Home Siding
This one is just common sense, one home renovations with high ROI is home siding. Updating your home siding can improve many aspects of your home as well as enhance the chances of a sale. Realtors insist on creating curb appeal when selling your home, first impressions count. So what is the ROI for the siding change? That depends on the product you choose as well as making sure it is professionally installed. The foam-back provides at least three times the R-Value as the hollow-backed siding. This reduces the overall heating and cooling budget for the home. The price is higher than the hollow-backed siding, but, it pays off in resale value and energy costs. Choose from a wide array of colors and textures to meet the structure of your home. If you are a little unsure as to what products would best fit your home and budget, one of our siding experts can help you decide by explaining the options.
There are many other projects that you can do around your home that have a good ROI; however, these are our top 6 for this year. If you are considering selling your property, give us a call and set up a free consultation. High Quality Contracting Inc. can assist you in deciding which projects might best help you increase your resale value.