According to Rocket Mortgage, the average American spends around $20,000 on a single home renovation project. Although these projects can help to give your property a new lease on life, they can be very off-putting for those looking to improve their home on a budget. Not to mention, with so many services on offer, it can be hard to find the best one for your budget and needs. Therefore, this article will demystify the expenses of home renovation services and offer some helpful advice on how to upgrade your property.
1. Upgrade Your Siding
Siding is an immensely crucial part of any home, working to protect its exterior from a wealth of debris and harsh weather conditions. Despite its robust nature, siding can deteriorate and begin to look unkempt over time. This can make your entire home seem unappealing and seriously downgrade your curb appeal. Vinyl siding is a great replacement for homeowners who are eager to secure their homes, whilst still making them look as stylish as ever. Plus, this material is available in an abundance of different colors and textures, so you’re bound to find something that suits you. Siding should be implemented by a trained contractor as this can help to extend its longevity and avoid the potential of any mishaps. If cared for correctly, your new siding could last up to 40 years due to its weatherproof nature. Since this material is made from vinyl, it’s very easy to clean. Homeowners are advised to remove any mold spots with diluted bleach and use a pressure washer to remove any signs of dirt and grime. The cost of this type of service depends on the size of your house, but it usually ranges from $2.50 to $10.75 per square foot.
2. Get Your Waterworks in Order
One of the most common expenses of home renovation services is remodeling plumbing, a job that typically involves improving your waterworks in some way. This could involve installing a new toilet and sink set or just unclogging a drain. These contractors are very well-trained and can help spot issues within your drainage system and offer a plethora of different ways that they could be resolved. As such, homeowners can rest assured that they can go on with their day without potentially contaminating their local water supply. Although issues such as slow drains and clogged toilets are fairly common, they can lead to much bigger problems if not fixed straight away. You may experience a collection of floods or foul smells coming from your toilet, which will only lead to a range of harmful issues. Therefore, it’s good practice to unclog your drains regularly and have an emergency plumber in your phonebook just in case you run into any problems. The average plumbing service can cost anywhere between $180-$490. This price varies depending on what parts the plumber requires and how long they believe the job will take.
3. Fix Your HVAC System
A working HVAC system can be a real privilege for those living in very hot climates. But, if you only use your AC unit for a few weeks out of the year, you may have forgotten to maintain it regularly. These machines should be cleaned and serviced every two years to help eliminate any dirt or debris that has built up around the filter or coil. However, your HVAC system may be too far gone, and you may have to recruit the help of some local AC replacement companies. These tradespeople will assess the overall quality and performance of your old AC unit and then decide if you should get a new one. Although a new HVAC system can cost nearly $6000, it can help to save you money in the long run. Since these new machines use a lot less energy than their older counterparts, you can also benefit from a decline in your energy bill.
4. Start From Scratch
Sometimes, the best thing you can do for your home is start afresh. Though it may be one of the most costly expenses of home renovation services, a selection of luxury home builders can help you craft the property you’ve always dreamed about. Whether it’s completely demolishing your property and rebuilding it, or just adding a few affluent features like a swimming pool, these workers can offer a plethora of advice on what would suit you and your family the best. Admittedly, this is a very large project and should only be considered if you are looking to live in your home for many years. Although these types of renovations do very well on the property market, there is no point in spending a ton of money on your house if you can’t enjoy it for yourself. A number of factors including size, zip code, and materials can alter the cost of the services, so you will need to discuss it in depth with your respective team. But, research shows that building a new house typically costs around $150 per square foot.
5. Improve Your Bathroom
Though many of us would hate to admit it, we spend a lot of time in our bathrooms. From having our daily shower to completing our skincare routine, bathrooms provide us with a space to take care of ourselves. But, since we use these spaces so often, they tend to fall victim to wear and tear very easily. If you’re looking to really give your bathroom a bit of TLC, be sure to look into some bathroom custom cabinet services. This will give you the prime opportunity to design some cabinets that fit perfectly in your bathroom, which is ideal for those who want to push away from the types of styles you see in a typical hardware store. Plus, a customized service means that you’re in control, giving you the chance to experiment with a wealth of different color combinations and materials. Thus, even though a custom bathroom vanity will typically cost around $200 more than a pre-made version, they’re well worth the expense if you’re looking to renovate your bathroom with a twist.
6. Experiment With a New Kitchen
Even if you don’t consider yourself to be a very good cook, a new kitchen can give you the space and confidence you need to prepare a selection of delicious meals that the whole family is sure to love. When working to upgrade your kitchen, you will be inundated by the expenses of home renovation services. This is because the kitchen has the potential to receive a series of affluent improvements. So, whether you’re looking to add a few new shiny kitchen appliances or implement a selection of sleek granite surfaces, it’s important that you work with a team of remodeling contractors. These experts can also ensure that your wiring and water systems are in working order, which is useful if you plan to spend a lot of time cooking in your upgraded kitchen. There’s no denying that a kitchen requires a lot of maintenance, so if you’re looking to extend the longevity of your space, be sure to keep the area clean and upgrade your kitchen appliances every 10 years or so. But, if you want to enjoy a brand-new kitchen, it can cost you anywhere from $15,000 to over $40,000.
7. Check for Leaks
Roofs help to shelter us from the elements but also work to keep our properties stable and secure. So, if your roof is under great strain, it can lead to an array of other issues around the house. A broken roof can cause your walls to crack and droop, but it can also allow mold to spread throughout the property. Though mold is fairly common in wet environments, it can cause inhabitants to experience a series of harmful health conditions such as cognitive issues and respiratory viruses. Thus, if you’re trying to find an easy way to improve your health, recruiting a collection of roofers could be a possible solution. These services can fix any glaring issues with your roof and work to make your home more aligned and robust. Despite its importance, a new roof can be one of the more exorbitant expenses of home renovation services, costing up to $11,000 per square foot. If this seems too much for your budget, there are a multitude of things you can do to keep your roof in good condition, such as applying sealant and cleaning out your gutters on a regular basis.
8. Transform Your Basement
Basements are a great asset to any home, but many of us aren’t using these spaces to their fullest potential. If you’re sick and tired of using your basement as a dumping ground, it may be time to call in some renovation contractors to help spruce up the place. These individuals will begin by conducting a survey of your basement, checking it for water damage or flood risks. Then, they will begin finishing the space, adding a collection of useful components such as new floors, furniture, and entertainment systems. Therefore, you can start using your basement as a stylish home office or even a luxurious movie room with just a few home improvements. Basement renovations allow homeowners to essentially add another room to their house so, they can cost between $30 to $75 per square foot. If your basement is in fairly good condition, it’s imperative that you apply regular maintenance to keep it this way. Make sure that you check the space for water damage and add a selection of traps to help keep any potential pests at bay.
9. Implement a Home Addition
If you’re fortunate enough to have a spacious backyard, you may also benefit from adding a home addition to your property. These additions are separate structures that are typically used for recreation and relaxation, like sunrooms and summer houses. These features are becoming a very popular design trend, so you will not struggle to find a range of local custom home builders to help you create one for yourself. With a range of products and styles to choose from, the possibilities are endless. Thus, you can add an outdoor gym or even another level to your house without having to do an endless search for the right type of contractor. Obviously, these assets are associated with very high costs and can reach up to $150,000. But, the reason that these additions are so admired is that they can increase the value of your property tenfold. This is especially beneficial for those who are eager to sell their homes in the near future and become more competitive in their respective market.
10. Make Your Home More Accessible
If you’re disabled or approaching your golden years, it’s vital that you renovate your home so that it better suits your developing needs. This can be approached in a number of different ways, such as implementing a stairlift or a new set of sliding shower doors. These simple additions can not only make your life a lot easier, they can help to make your home more comforting and relaxing. Therefore, homeowners no longer have to fret about traveling upstairs or cleaning themselves because they can create a home that feels like it was built just for them. The expenses of home renovation services usually depend on what you ask for, so you also have the opportunity to work within the means of your budget. Plus, these assets are ideal for growing families who want to ensure that they can still hold on to their independence when their children finally leave the nest.
Your home is likely to be your sanctuary, so it’s important that it suits your needs and lifestyle. Yet, a lot of these renovations can be extremely demanding on both your time and budget. As a result, many homeowners allow their precious houses to fall into disarray and are forced to live with the damage. However, using the guidance offered in this article, you can balance the expenses of home renovation services and finally achieve your dream home.