Home remodeling is back in vogue.
With contractors dropping prices in most U.S. markets, and a resurgence in confidence among homeowners, home remodeling projects are expected to top $125 billion this quarter.
Not all renovations will be "worth it", according to Remodeling Magazine's 2011 Cost vs Value report, but some projects should never be started -- especially when said projects render a home somewhat un-sellable.
For example, if installing a new toilet requires that the discharge pipes run along the living room ceiling, the project should be re-engineered, or skipped entirely.
A recent renovation article on CNNMoney.com listed several others "never do" projects.
- Don't add a 4th/5th bedroom to a home with just one bathroom.
- Don't build a bedroom with no closet space.
- Don't make common rooms disproportionately large or small to one another.
And, for all projects, no matter what the details, try to keep the home's traffic flow intact. Nobody likes to walk through bedrooms to get from the kitchen to the living room.
Home remodeling can be a less expensive alternative to moving, and can improve a property's resale value. But keep in mind -- just because a project is featured on HGTV, for example, that doesn't make it a Do-It-Yourself. Some projects can be handled on your own, but most should not.
With the help of a professional, you'll be sure the job is done properly.
If you need the name of a local contractor or specialist, please reach out anytime. I am happy to help you with a referral.
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