Millions of people decide to take on renovation projects every year. Not only can renovations add value, but they can also increase the comfort and aesthetics of your home. If you want to get the most out of your renovation dollars, there are six tips iRemodel Home Renovations would like you to keep in mind.
Make Your Renovations to Last
Including trendy upgrades or fun additions to your home can be interesting when you are renovating, but keep your ROI in mind when renovating for the long haul. Trends come and go, often quickly; the last thing you want is to invest heavily in something that will be out of date in a year. Stick with classic materials and finishes such as hardwood, granite and ceramic. Neutral tones are perfect to fit any theme, but if you plan to stick in place for a while, you can spice up your colours.
Plan Your Budget Wisely
No matter how big or how small your renovation project may be, you should plan out your budget to help stay on track. Understanding the actual cost of your project will help you choose affordable options for work, materials, and other aspects of your project. Make sure that your budget includes the cost of labour, permits, and other unforeseen events down the line.
Not all impactful renovations have to cost an arm and a leg. Often, those small changes that take the least time are the most noticeable ones. For example, refinishing your cabinet fronts and painting your walls won’t cost you much, but they will instantly transform the look of your home. Consider adding small details like new night fixtures or changing the carpet to make the most of your budget when you don’t have a lot to spend.
Pay Attention to Hidden Needs
Renovations aim to makeover the surface, but it is equally important to upgrade the things you don’t see as well. This can include upgrading your roof, installing double-paned windows, or even updating your foam insulation. Depending on the age of your home, your plumbing may be due for an upgrade as well. These will support the outer beauty of your home while also adding efficiency and comfort.
Renovations that are Energy Efficient
Energy-efficient options may cost a bit more upfront, but they will offer you much more value over the long run. This includes HVAC units, insulation, and appliances. Check the energy star ratings to see just how much you can save before completing your upgrades. These options will help lower your energy bulls and give you a bigger return on your ROI.
Work with a Professional Contractor
It is important to work with a professional company that has the skills, manpower, and experience to get the job done. Make sure that you check references, work samples, and verify their certifications before you start your project. Working with a reliable company will help you stay on budget and give you a better ROI on your Toronto home renovation project.
If you are ready to get your project off the ground with a company you can trust, iRemodel Home Renovations is only a phone call away. Contact us at (416) 825-2542 to find out more about our services.