Home Renovation. Thursday , October 04th , 2018 - 07:36:26 AM
Determine how much value each renovation adds to your home. This information can be obtained from your local real estate office or a qualified appraiser. Real estate salespersons and appraisers for most part use a process called CMA (comparable market analysis) to determine your home value. In short the appraiser looks at similar properties sold recently near your home. Using hisher extensive database, the appraiser is able to adjust the price based on the condition of various areas of your home as well as any new additions. For example the database indicates that an additional second bathroom in your area increases home value by $8000, updated kitchen increase value by $6000, Second garage does not impact the value and etc. This is how your local real estate salesperson is able to price out your home.
An experienced home renovation contractor saves you additional cost, effort and time. He can also recommend some better designs and methods that you might not have thought of. He manages all aspects of your home renovation project, like hiring and supervising subcontractors, getting building permits and so on. Choosing a competent contractor can help you make your home the most valuable asset.
In making small home improvements, you can start on a small scale that fits your budget. Since you only bought your new home a couple of years ago, its structure and overall maintenance are still good so a materials checklist is vital in preparations. So you may want to focus on the interior design of your home. There are many design ideas to choose from and it is advisable to pick one that fits you and your family's lifestyle. One important thing you can center your design ideas on is in making your new home a healthy home. How do you do that? Here is a materials checklist for furniture and furnishings that you can use as you start your home renovations:
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