As a real estate agent in the Seattle area, I’m familiar with the challenges home buyers face in a market that shows no signs of slowing down. Increasing prices and decreasing inventory, can make shopping for a new home a year-long task.
If you’re already a homeowner and looking to make a change, remodeling your home might be a better option than putting your house on the market and joining the crush of home buyers.
As you start planning a remodel, consider these tips for getting the most of out your home remodel.
Design for You.. and With One Eye on the Future
Your remodel should reflect your taste and lifestyle, but be careful about going outside the normal range. You’re probably not living in your forever home, which means there will be another buyer in the future. Designing a house around a specific hobby or passion could give you great joy – until you go to sell the house and become disappointed when buyers are turned off by the remodel.
It sticks out like a sore thumb – the house that doesn’t fit the neighborhood. Perhaps it was the result of a homeowner’s ego getting in the way, or a remodel that suited a specific lifestyle, but didn’t fit the look of the other houses on the street.
Your remodel should reflect your personal style and functionality, after all, it is your home. Keep in mind, however, that if you go too far outside the box (either on an interior or exterior remodel) you’ll likely spend a lot of money that won’t yield a return on your investment.
For example, let’s say a homeowner is considering a $400,000 remodel in a neighborhood where homes are priced around $600,000. When it’s time to sell the house, it will be difficult to get a return on that investment. Moving might be a better alternative at that point.
When you’re planning a remodel consider not only what you want the space in the house to look like, but also how the house looks in the space it’s in.
Don’t just remodel with the intend of sprucing it up for a sale. The process is taxing and you should give yourself time to enjoy the hard work and results. If you’re still planning to move, try to push out the timeline at least eight to 12 months after the remodel is complete. Take the time to sit back, admire your work and enjoy the new and improved lifestyle that it brings.
If you’d like to discuss ideas with me, reach out, I’d love to chat. You can reach me at 425-941-4841 or email@example.com. I’ve created a great list of things to think about when deciding on a remodel. Sign up for our list of great information on remodeling here: https://www.redecorateremodelormove.com/remodel/#remodelCCForm. Click here to download the full list of Tips to Make the Most of Your Remodel.