5 Reasons to Renovate Your Home

There are almost as many reasons to fix your home as projects to choose to do. Home renovations are costly, time-consuming and messy. Still, many people decide to renovate their homes for various reasons. Here are the top reasons for remodelling your home.

1. To increase your comfort or enjoyment of the home.

This one comes first for a reason. Although there are many good reasons to renovate your home, your comfort and enjoyment are the main ones. If you renovate solely based on how it will impact the future sales price down the line, you may live in a showplace that doesn’t feel like a home.

2. To fix a safety issue.

Some home renovation projects just can’t be put off. Examples are electrical problems, roof leaks, or a crack in the foundation. These problems can be catastrophic or cost the total loss of the home.

3. To improve the home’s value.

If you plan to sell the home within the next few years, you may want to renovate some or all of it to get the most you can when you put it on the market. Some projects that have the best immediate return are opening up the main living space, replacing the front door, and updating the kitchen or bathroom.

4. To upgrade the home’s function.

Maybe you need more space, or a second bathroom would make things easier during those busy mornings. Maybe your husband wants a man cave, or you would like a deck or a patio for outdoor entertaining. Renovating so that the home functions better for the residents is a good idea, as long as the upgrades don’t hurt the home’s value or decrease usable space.

5. To increase the efficiency of the home.

New windows, a heat pump, and added insulation are improvements that can decrease energy costs and pay for themselves over time. More efficient homes are also more attractive to buyers if you want to sell since they know fees will be lower on an energy-efficient home.