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remodel on a budget

Posts Tagged ‘remodel on a budget’

Four Upgrades To Avoid When Preparing Your Home For Sale

Friday, October 15th, 2010

If you’re thinking about putting your house on the market and want to stand apart from all the other homes for sale in your neighborhood, there are a few things you can do; remodeling a bathroom or kitchen is always good. But be careful to stay away from certain pitfalls that could derail your chances for a quick sale at a price you like.

While making improvements is always good, you don’t want to overdo it. If you spend a ton of money remodeling, you’ll probably never recoup your investment. Plus, with the economy the way it is these days, you most likely don’t have a bunch of extra money to throw into a house you’re leaving.

Real Estate experts agree that small things like new countertops and appliances in the kitchen, simple bathroom remodels, and energy-saving improvements will pay off in the long term. However, they also agree there are several upgrades that aren’t worth your time – or money.

Below are four upgrades experts say to stay away from when it comes time to prepare your house for sale.

From Investopedia:

1. Over-the-Top Improvements
Before you invest tons of money in an elaborate full-house renovation project, consider what the competing properties in your neighborhood have to offer. While you want your house to stand out from the competition, you shouldn’t make unwarranted upgrades that greatly exceed other properties in the area. Not only will you end up losing money, but you may even scare off potential buyers.

Find out how similarly priced homes in your neighborhood measure up, and make improvements based on your specific marketplace

2. A Swimming Pool
Believe it or not, a swimming pool rarely adds value to a home in this day and age. First of all, it usually costs a small fortune to have an in-ground swimming pool installed. Secondly, you’re probably not going to recoup your investment. Why? Because many homebuyers view an in-ground swimming pool as a high-maintenance hassle and safety hazard.

3. Replacing A Popular Feature
Before you consider making a major home change, such as converting your garage into a game room, take a look around. If every other home in your neighborhood boasts a two-car garage, you should probably think twice. Do you really want to be the only house in the area with no garage? Most homebuyers would prefer to have a sheltered place to park their car than a room to play ping pong and darts.

4. Daring Design
We all want to design and decorate our home so that it reflects our unique style. However, if you’re trying to sell your home, now is not the time to incorporate bold design choices into the décor. If your home already beams with your eclectic tastes, try to tone it down before you plant that “For Sale” sign in the front yard. Homebuyers should be able to imagine themselves living in your home.

Upgrades To Avoid When Selling

You Can Save Lots of Money Refurbishing the Kitchen

Monday, August 30th, 2010

The kitchen, for many families, is the main gathering place of the home. You cook, talk, and probably eat there as well. For such an intensively used area, you want to ensure it is the focal point of your home. A kitchen refurbishment has the potential to be one of the most rewarding accomplishments of owning a home. Getting the kitchen to look and function the way you want it to can be a terrific gift that you can give yourself. All too often, unfortunately, redoing the kitchen can involve spending more than you want to spend. A kitchen remodel can be easily thousands or even tens of thousands of dollars. Unless your family name is Gates or Walton, you could benefit from some ideas to save money on the kitchen job. Why should you spend all your money on the kitchen when you could just as well use part of it for something else in addition? Hey, after all when you’re finished with all that work and worry you’ll be ready for a vacation trip anyway. In order to help you get on the right track with saving on a kitchen job, here are a few tips to consider when you’re faced with doing the kitchen without breaking the bank.

Find a good handyman who does small jobs. Find a person who is a “jack of all trades” instead of hiring out the various tasks. If you hire a cabinetmaker to do the new cabinets, a flooring contractor to do the floors, and a painter to do the painting, you will pay more than you planned on paying. With a good handyman, they will be able to do it all and usually charge you less money for the work. Ask around and see if a friend can recommend someone that they know. A competent handyman will be able to help you get the necessary local permits. This is a good way to keep costs down.

Consider getting second-hand kitchen appliances. Brand new appliances can add up the cost really quickly. Instead of just picking out the newest, most expensive top of the line stainless appliances, consider getting some that are used. Most of the time, you can’t tell the difference, but you could end up saving hundreds of dollars.

Do a lot of research and shop around. Materials for your kitchen makeover can be affordable or surprisingly expensive. Depending on what you settle on, you could just about pay however much you decide. Just as an example, you can find a nice type of plain ceramic tile for under $1 per square foot, or you could find one for as much as $50 per square foot. Start by getting a general idea of a price/quality range and decide what level of quality you are aiming for. Then, once you decide on the quality level of materials you want, look for the material around at specialty stores. If you go to one with sales personnel on a commission basis you are in a good position, comparatively speaking. Salesmen have to sell in order to get paid. The sales people probably only get a few opportunities per week to sell to a qualified customer come in, ready of buying. That is why they really want to sell something when you come in the door. Go around and get quotes from other stores and use them to press for an break. Retail places such as appliance and flooring or tile stores usually have a good profit margin to work with and they will do everything they can to make the sale. Don’t give in easily and they will usually give you some good savings that can help you get more satisfaction out of the job.

Whatever money you can save on your kitchen job is money you can put to work on much more attractive and worthwhile pleasures and amenities of life — so be smart and enrich your life in more than just having a remodeled kitchen.

When you want to check out real estate in Broomfield, try the Colorado real estate specialists, Automated Homefinder.

save money remodel kitchen
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