The internet puts an incredible amount of information at your fingertips. Why would you not take advantage of it to get home remodeling advice? Often it isn’t created by experts in the field. Here are 3 remodeling myths you may have read or heard about and the truth you need to know to understand how […]
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The internet puts an incredible amount of information at your fingertips. Why would you not take advantage of it to get home remodeling advice? Often it isn’t created by experts in the field. Here are 3 remodeling myths you may have read or heard about and the truth you need to know to understand how to make the right decision for you.
The first remodeling myth you may have heard is saving yourself money by doing it yourself. You have watched YouTube videos and surfed Pinterest or Houzz
for inspiration — aside from making a quick trip to the home improvement store, that’s all you need, right?
For some projects such as painting or patching up a hole in the wall, that may be true. But when you are taking on major remodeling projects, such as your kitchen or bathroom, it is probably going to save you time and money to hire a professional.
There are many things to take into consideration before starting your remodel including how long it is going to take and how much it is going to cost. Working with a professional specialized in remodels is a great starting point. They can help come up with a plan within your budget and timeline.
Time is money. For example, if it takes you an hour of watching videos and then three frustrating hours trying to make the repair plus two trips to the home improvement store, isn’t it worth it to hire a professional for an hour to do the job while you do something else? You know it will be done right and it will save you a lot of time and stress.
The second remodeling myth you may have heard is about your return on investment. Most projects are not a dollar for dollar return on investment. According to the National Association of REALTORS® Remodeling Impact Report
, a complete kitchen renovation will recover about 67 percent of the original cost. However, “90% of consumers said they have a greater desire to be home since completing the project.” So take the joy factor into account. If you are more likely to spend time in your home because of the renovation, it may be worth the expense — even if it won’t be a 100% return. Click here to read the entire Remodeling Impact Report.
When you are living in your home, it is much more fun to remodel the inside first because you can see where your money went and get joy from using the space. However, if you plan on selling in the near future, consider updating the exterior of your home first. Not everyone will see the inside of your home, but everybody will see the outside of your home and a good first impression will go a long way.
Also, consider whether the remodel is going to appeal to a large number of people. A pool may be a great idea for you and your family, but many buyers will look at it as pain to maintain, and a hazard. You definitely want to enjoy your house while you are living in it so weigh the pros and cons before starting a project unique or uncommon for your area.