What You Need to Know About Kitchen and Bathroom Remodeling

Before beginning a home remodeling project, you should consider the cost. Most improvements increase in price over time, so it’s important to research and budget ahead. Before hiring a home remodeling company, discuss your plans and ideas with the team. Before the start of work, gather the materials and create a blueprint of what you want to achieve. Having a clear vision and a well thought out plan will make the process less stressful and help you avoid costly mistakes.

If you are remodeling the bathroom, you’ll need to consider the space’s size. The larger your bathroom, the more it’s likely to increase your remodel costs. Also, a universal design will appeal to buyers who may have different physical abilities. Older homebuyers also prefer homes that are handicapped-friendly. While some people still prefer traditional layouts, this trend is quickly catching on in home remodeling. If your remodeling project is on a smaller scale, you can still enjoy the new space while incorporating the latest innovations in home design.

Among the differences between the two terms is the type of work done. Renovations generally involve changing the look and function of a room, but they don’t necessarily have to be structural. For instance, a kitchen can be renovated into an office space, while a bathroom can be transformed into a guest room. While renovations are typically more expensive than remodeling, a kitchen remodel can transform a guest room into a functional workspace.

While the cost of a kitchen renovation can vary greatly, you should try to find a licensed contractor to help you with the work. Licensed contractors can protect you from unscrupulous contractors. As a rule of thumb, you should expect to spend 10% to 15% of your home’s value on a kitchen renovation, which is a good rule of thumb for home improvement projects. A typical kitchen remodel could cost you anywhere from $50,000 to $75,000 – so it’s important to understand the value of a kitchen renovation before you get started.

Whether your home remodeling project is for aesthetic reasons or to increase your selling potential, remodeling is an excellent way to add value to your home. Consider a Cost vs. Value Report to see if your home is worth the investment. If you’re doing a remodel to increase your home’s resale value, a home improvement loan can help you get started sooner. While interest rates are historically low, it’s a good idea to check out the loan’s interest rates before applying for one.