5 Signs Your Home Needs a Remodel

Worn-out Floors

If your flooring is starting to get chipped or cracked, then it is probably time to look into getting your flooring updated. Flooring is one of the first things someone sees when they walk into your home, so it’s crucial to have not only a nice looking floor but flooring that is in good shape. Flooring can accentuate other features of your home or it can also stand out on its own if it’s done correctly.

Chipped Paint

Chipped paint is one of the main things that will turn people away from your home. If they walk in and see that your paint is all chipped, then they will judge the entire home as a result. Chipped paint can also significantly drop your home’s value if you are looking to sell it any time soon. Make sure to keep your paint in your home clean and looking excellent!

Outdated

If your home is generally just outdated with style or look then it is probably time for a remodel. Upgrading to a more modern looking home can make your home very attractive to potential buyers and catch the attention of your neighborhood. Not to mention bring more happiness into your home.

Aging Foundation

Aging foundation is never a good thing because the state of your home will slowly become worse and worse. If you don’t get it fixed and remodeled it is also dangerous. Getting your foundation fixed will give it the much needed facelift that will add more value to your home and significantly less stress on the homeowners.

Want to Add Value

Any remodel you do to your home will add value to it when it comes time to sell it in more ways than one. It will not only raise the dollar amount of your home drastically, but also increase intrigue. Remodels that could increase the value of your home are master bathroom, kitchen, bedrooms, etc.

Data

“On average, homeowners spend just over $20,000 on a midrange bathroom renovation project, and nearly $65,000 on an upscale bathroom renovation project. At resale, midrange renovations recoup 67.2% of their costs, while upscale renovations recoup 60.2%.” – Source: Moving.com

“Remodelers project that a kitchen upgrade will cost an average of $35,000, while adding an average value increase of $20,000 to your home. That puts the ROI for the project at just 57%.”- Source: Homelight.com

Source: (National Association of Realtors)