Whether you’re a new or long-time homeowner, you might be curious about renovating your home. Many homeowners are hiring professionals or tackling their own home renovations these days, but sometimes it can be hard to tell what sparks this decision. Find out four common reasons people want to renovate their home and how this huge project can be beneficial.
To Add New Features
One of the top reasons why most homeowners will renovate their homes is to add new features or improve their quality of life at home. When it comes time to buy a house, some homeowners have to settle for a home without all the items on their list. This is where renovations come in. For example, maybe you’ve always wanted a home bar, so you decide to renovate your new home to add one. Renovations can also change the size and layout of rooms, storage space, and more.
To Add Value to the Home
On the opposite side of the coin, if a homeowner is preparing to sell their home or is thinking about its value for a future sale, they may decide to renovate to increase this value. Certain renovations can increase the value of your home, such as a bathroom or kitchen remodel. If you’re looking for specific ways to increase your home’s value, try targeting these areas with updates to the flooring (dark hardwood floors are the way to go), cabinets to match the new floors, and countertop updates. Fun features like a home bar can also add value, and you can enjoy using it as well during your time in the house.
To Update the Home
Speaking of updates, these are another common motivation behind home renovations. Outdated appliances, surfaces, and features in a home not only scare off potential new buyers but can also create an unpleasant space for current homeowners. However, sometimes buyers will specifically go after old homes in order to “flip” them, renovating and updating the homes themselves (like something straight out of an HGTV show).
To Fix Health or Safety Issues
Renovations for safety measures are some of the most important home renovations because timeliness matters. For example, if your home became flooded and experienced damage to its foundation, you would schedule this renovation as quickly as possible to avoid accidents or further damage. Some other common examples of safety-related issues that require renovations include:
- Leaking roofs
- Storm damage
- Fire or soot damage
- Plumbing issues
- Outdated materials like asbestos or lead paint
If you notice water damage from the above examples in your home, contact Aloha Restoration Co. for renovation help. We can assist with mitigating water damage in Schaumburg and the surrounding Chicagoland area. Once your home is restored, our home renovation team can also assist with any of these four common reasons people want to renovate their homes.