Jeri Collins Home Remodel April 15th, 2019 - 01:10:17
While you may not be planning on moving houses immediately after a remodel, time does impact the ability of a remodel to increase a houses value. Structural or design improvements such as an addition or completed basement will add value for a longer period of time than updates to a kitchen or bathroom or even technological improvements such as a new furnace or air conditioning system.
Knocking out a dining room wall and opening up the space for both cooking and entertaining might give you the kitchen of your dreams but this remodel does not increase the square footage of your home. Likewise a kitchen overhaul with new glass tiles and an island space might bring you much enjoyment but following whatever the newest trend is risky given that the trend might be obsolete when you choose to sell.
3rd - Start getting some ideas - It's a good idea to have a mental image in order to describe your vision to your contractor; a great place to start is the internet, particularly Houzz.com. Houzz.com has hundreds of thousands high quality photos of every home remodel project you can think of and it's very easy to navigate.
Second, low priced projects usually have a higher cost recovery than more expensive, more upscale remodeling jobs. People are willing to pay for something that increases the quality of the space in their potential new house, but they do not want to pay for lavish renovations that you splurged on, especially if they wouldn't have done it themselves. A mere facelift in a kitchen will probably pay back more than a complete redesign. This tends to vary by neighborhood and can depend on the prices of the homes in the neighborhood.
Once you've chosen a remodeling contractor, make sure you get a written agreement that explains "exactly" what you will get for your money. Don't sign a contract until you are both in complete agreement on critical details like scheduling, quality of materials and workmanship.
You may begin your business venture by first preparing a business plan for your company. This should include a clean outline of the products and services you plan on offering you clients. The complete plan would include detailed financial about expected capital and expenditures and also financial projections on how you plan on recovering costs and gain profits through the existing market share in your area of operation. It is also essential to assess the degree of competition in the area.