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Tag Archives: home remodel

Wasted Time, Wasted Money: Renovations to Reject When Selling Your Home

remodelling to sell a house

If you are thinking of selling your home, you may be tempted to start ripping out your old kitchen and putting in a more appealing one in an effort to make your property more appealing to potential buyers. A brand spanking new bathroom suite or an attic conversion can make a wonderful selling point when showing your home, but they could end up costing you thousands of pounds that you will not recoup after selling your property. Remodelling in order to add resale value to your home is rarely a good idea, and most homeowners end up with nothing more than dust, loud noise and a gaping hole in their finances. The following renovation projects should be avoided at all costs by those looking to increase the value of their home. Swimming Pool Possibly the worst renovation you can make to your home is installing an outdoor swimming pool in the back garden. Although pools tend to be the norm in some parts of America, they rarely get much use in the UK thanks to the unpredictable climate. Swimming pools can also cost upwards of £20,000 to install and rarely add a penny to the value of a property. Many ...

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With Remodeling Comes Financial Risk: How to Minimize It

minimize financial risks when remodeling

Remodeling can be an exciting prospect—you are creating the exact look you have always wanted for a particular area of the home. But, it can also be a very stressful process. You worry about picking a good contractor who will do the job well. It can be disruptive to your home life. You are spending a lot of money, and managing the financial aspect of the project, is a top-priority. Here are some tips for keeping spending under control and minimizing any money-related risks inherent in remodeling. Mistakes equal more money. While you can’t bulletproof a remodel against anything going wrong, nor can you anticipate every problem that may arise, carefully planning your remodel can go a long way in protecting you, and your bank account. This applies no matter what the project may be, whether it involves that second story addition you’ve been dreaming about or remodeling your downstairs bathroom. The more specific you are in what you want, and the scope of the project, the better you will be able to manage it. You will have clear markers to define progress, and whether things are going as planned. The scope of the work must be very detailed. A fixed price ...

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