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Balancing Home Improvements Their Price Tags

Posted by lynnoconnellrealestate_ntlepx on June 29, 2016
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Whether you’re planning on enjoying them yourself for years to come, add value to your home for an anticipated sale or you’re renovating a recently purchased properly home improvements can be a difficult, time consuming process. Often it can be expensive as well. But it doesn’t always have to be that way. In today’s blog post I’m going to discuss some simple

Keep Your Options Open
If we’re being realistic, you probably don’t have the budget to splurge on every finish and amenity you’d like to have. When planning your home improvements, sit down and imagine your property as a whole. What rooms are most important to you? Where do you spend most of your time? For example, you may really want a luxury master bath suite. But if you work from home frequently a home office remodel may be more practical. Or if you’re thinking about selling within the next couple years, a kitchen remodel may be a better return on your investment.

Balance Splurges & Savings
Splurging is perfectly fine! But balance them with cost cutting measures. When planning your renovation, try to figure out the center of attention for the room. For example, if you’re renovating your kitchen it may be a good idea to splurge on nicer cabinetry or countertops and save money on more affordable flooring or lighting fixtures. Or if you’re renovating a bathroom nicer fixtures, but more affordable tile may be warranted.

Think About Flooring
Flooring can be a big stumbling block for those new to the process of home renovation. Hardwood floors are beautiful, but they can quickly become costly, especially in larger rooms. Try exploring laminate wood flooring, you may be surprised with what you find. Laminate wood flooring is much more affordable and often just as nice as some hardwood options.

Simple Yards
It’s easy to go a little nuts with landscaping, especially if you’re planning on selling. Landscaping is of course one of the key things you can do to enhance your home’s curb appeal, which is really important. But instead of planting beautiful, yet expensive ornamental shrubs and trees consider options that may be more practical or affordable.

For example, consider utilizing drought resistant plants for easy maintenance. Or opt not to go with beautiful, yet difficult to maintain rose bushes but instead go with dahlias or peonys.