Where To Invest When Remodeling A Home

Deciding to invest in your home is never easy – the benefits may be there in the long run, but all you can see in the immediate future are the costs and the hassle, and the disruption to your daily life. If you have outgrown your current home, or are just not happy with the current layout, you may be looking to move, but sometimes, it can be more affordable, and in fact a much better option, to stay where you are, and renovate!

Knowing where to start such a project can be tricky – you want to add some value to your house, but you also want to stay within a certain budget, and you don’t want it to be too much work. Simply moving can at times seem more alluring, but you need to bear in mind how costly that can be, and that you might end up disappointed.

If you do decide to go for the upgrade, here are a few ideas to get you started, and help you define your goals:

Where To Invest When Remodeling A Home

Start with the master bedroom

If you live in an older home, chances are that you don’t have enough space in you master bedroom. Once you add the bed, there is often no room left for anything but a dresser, if that. There are no closets, and certainly no adjoining bathroom.

If you have the layout, you can easily change this by knocking down a wall – especially if the kids’ room is next door, and the kids have left the nest. An expansion can be turned into either a closet, simply more space in the bedroom itself, or you can go for creating a bathroom as well. Admittedly, this will cost you, but the investment will significantly increase the value of your home, when you choose to sell, if that day ever comes.

There is also the option of building another room, but more on that in the next paragraph.

And move on to other bedrooms

If your family is getting bigger, and you are running out of space, and have no rooms to turn into bedrooms, then you might need to build one. Doing this over the garage can be an amazing investment, of course if you can fit one there. You may think that building an entire room can be expensive, but in reality, it is cheaper than creating a bathroom, as there is no plumbing and tiling involved, all you need is walls.

If you have an attic, it can also be turned into a room, and thus save you some space. You might need to invest in a staircase, and roofing, which can get rather expensive, so consider this option carefully before plunging ahead.

Install a security system

The world is not getting any safer, and feeling restless in your own home is not uncommon, however strange that may sound. If you want to sleep a bit more soundly, invest in an alarm system that will safeguard your home when you are away, and keep intruders out when you are at home.

Going for remote CCTV monitoring can also be a great option, and companies like RE:SURE can help you choose the best option and set everything up for you. This way, you will always know that your home is monitored, and will have one less thing to worry about.

Upgrade your kitchen

Finally, investing in your kitchen can instantly lift your home’s spirits. You can either redo the cabinets and workspaces, install an island, or even tear down a wall and enlarge this space. A simple paintjob will also do wonders, as will investing in better appliances. If you need to, you can also upgrade your plumbing system, but this is a lengthy project that will require a significant investment.

Whatever you choose to do, make sure you weigh your options wisely. There are pros and cons to either choice – moving or remodelling – and you need to choose the one that is best for your family both at the time, and in the long run. Make sure you only trust the most reliable people to do the work for you, so you can one day marvel at the investment you have made.