Many of us look at a renovation project or two around the house and envision a state of the art, chef-inspired kitchen, or a spa-like ensuite but the overall thought of tackling a home renovation project can be intimidating. There are certain benefits to renovating your home, and with the help of a professional contractor these projects can turn into an overall positive change for your living space. Below are SC Morgan’s top five benefits to renovating your home:
1. Comfort is Key
By choosing to renovate your home you can improve the overall enjoyment of your living space. As the homeowner, you have the ability to open up your layout based on what you think you need. You are able to decide on a specific design and finishing style (light, dark, rustic, contemporary) all while remaining in the home that you are comfortable in.
2. Upgrade Now, Save Over Time
While your house provides you with a comfortable living space it is also considered a long-term investment. By choosing to renovate your home you are also providing an opportunity to implement cost savings by improving the efficiency of your home. Replacing old windows and doors and switching to energy efficient lighting are a few of many ways to upgrade the look of your living space, while simultaneously improving efficiency of your home.
3. Home Value
One of the obvious benefits of renovating your home is value added to your dwelling. By investing in a home renovation you are not only improving the look of your house you are ultimately increasing the overall value of your home. These upgrades change the appeal of your home, therefore the longer you stay in your home and enjoy the improvements you make over a period of time, the more weight this factor may contribute to your overall return on investment.
You invest a lot of time and money with realtors and moving fees to get into a home that you can feel comfortable in, why go through that again if you don’t have to? If your home is adaptable to the changes you envision with a home renovation, why not hire a contractor to bring your home up to your ideal living space than be forced with the task of listing your home and moving.
5. More Space
The possibility of adding onto your house with a home addition, adding a rental suite into an unfinished basement or building a coach house (in specific zone approved areas) will give you the ability to make your home larger. These additions and renovations will not only add overall value to your home, they can also provide an opportunity for additional rental income.
Renovating and remodelling your home is an excellent way to add increased value as well as functionality to your current living space. If you feel comfortable in your current home and love the area you are in, consider renovating your home as opposed to moving. The opportunities are endless when it comes to renovating your space. Smart home technology, energy efficient lighting and open concept layouts are only a few examples of ways to modernize your space. At SC Morgan we strongly believe in making sure our clients are comfortable in their homes, whether it be a custom build or a home renovation we will assist you in making the right decision for you and your family, and ultimately deliver beautiful results.