Better Homes and Gardens Real Estate Life

Tag: home renovations

  • Higher Costs Cutting into Your Home Improvement Budget? Opt for These DIY Solutions

    Renovations can add value to your home and increase the enjoyment of your dwelling, but the costs for various projects also have the potential to pile up. What do you do when you want to prepare a home for sale or give it a makeover without going into major debt or depleting your savings?

    Many homeowners turn to DIY solutions that may take some time and a bit of research but often prove worth it in terms of money saved and happiness gained.

    Projects like painting and power washing typically require only a few days to a week of your attention. Others, such as laying tile or resurfacing floors, may demand a lengthier commitment, but with the right attitude, they can produce years of benefit for little cost.

    Here are some DIY solutions you might want to take on if your budget is tight but your inspiration lofty.

    Paint Your Home

    Interior walls with scratches, scuffs, and outdated colors can use a new coat of paint. Fresh paint will likely make a dramatic difference in the overall look of your home and present it nicely to future buyers.

    Depending on your style and interior design goals, you may want to play with color, for instance, painting a statement wall or an entire room in a bold hue. Homeowners who plan to sell in the near future should heed expert advice that says to stick to a neutral shade carried throughout the house.

    Painting an exterior might take a little more work, especially if you have a two-story home. But, those not opposed to erecting and climbing ladders and scaffolding may want to dive into this project.

    With any painting project, it’s important to properly prep your surfaces, research the different paint types and materials, and test your color on a small section. While involved, this DIY solution is usually a much cheaper option than hiring someone to do the job.

    Update Fixtures

    Swapping old outlet covers, switch plates, curtain rods, door knobs, light fixtures, and faucets can be a cheap and easy way to give an outdated home a quick update. Often, homeowners overlook these minor parts of a home until they look so bad they can’t be ignored or it’s time to sell.

    Consider that attractive switch plates and outlet covers typically cost less than $5 each. Additionally, you can usually get modern curtain rods and door knobs cheaply. Good quality light fixtures and faucets may run you a couple of hundred dollars or more (especially for luxury versions with touch or sensor technology built in), but consider their impact on your home for a relatively low cost.

    And, remember that instead of paying a handyman, electrician, or plumber to install fixtures, you can do it yourself and save money. Some great video tutorials available online walk you through every step of the process. Of course, when working with electricity and plumbing, it’s wise to research ways to keep you and your home safe before you begin.

    Upgrade Window Treatments

    Shabby curtains, shades, and blinds don’t add value to your home and they may, in fact, decrease it. For just a small cost, you can upgrade your window treatments yourself to lighter, brighter, and more contemporary versions that provide privacy while giving your home an airy and open look.

    There are plenty of low-budget options available for beautiful drapes, shutters, and horizontal or vertical blinds. Some of the most impressive window treatments we’ve seen, however, require a bit more of an upfront investment (i.e., smart shades and blinds with voice-activated opening and closing) but are still a cost-effective solution if installed yourself.

    Restore or Reveal Hardwood Floors

    It’s possible to bring original or replacement hardwood floors back to their like-new splendor with a little time, elbow grease, and money. Consider that flooring often makes or breaks a room. Imagine, for example, how much more dramatic a dining room or study could be with pristine hardwood to set the mood.

    Likewise, pulling up old flooring to reveal hardwood underneath can be worth the effort, especially in a period home. Not sure if you have hardwood underneath your laminate, tile, or carpet? Some homeowners are willing to take the risk of time and money to pull up a small corner of old flooring and potentially reveal a treasure underneath.

    Stain or Paint Kitchen Cabinets

    Purchasing and installing new cabinets, or even new cabinet doors, is not cost-effective in many markets. Instead, homeowners often trade a little time for a fresh coat of paint to breathe life into a stale kitchen or bathroom.

    As on walls, new paint on cabinets and cabinet doors can completely transform a room. Depending on your design and real estate goals, you may want to paint cabinets a neutral shade or go bold with a dark or bright hue, or lather on an ultra-high gloss.

    Remember, though, that before you start this DIY project, it’s essential, again, that you research methods for prepping your surface and choosing the right materials.

    Are you considering fixing your home and putting it on the market? Better Homes & Gardens Real Estate® can help you when you’re ready.

  • Budget-Friendly New Year’s Renovations to Boost Your Home’s Value

    Whether you’ve moved into a new home and want to make it your own in the new year or are readying your property for sale, you can make some budget-friendly renovations to boost value instantly.

    Turning a recently purchased property into a dream home or getting more money from the one you’re leaving starts with making wise decisions about makeovers and upgrades.

    The key to choosing what to remodel first, or at all, is often a personal preference but can lie largely on what future buyers want. It should also depend, however, on careful consideration of the return you’ll get on your remodeling investment. And, since renovations always come with a cost, a detailed look at the money you have available is important when deciding what home improvement job to tackle.

    If you’re a homeowner who needs to be budget-conscious when taking on renovations, look to the following for inexpensive projects to start the new year.

    Add Exterior Lighting

    Landscape or exterior lighting might seem like a costly renovation, but there are many low-voltage lighting systems that homeowners can install themselves to forgo electron costs. Consider the abundance of DIY solar and smart lighting kits on the market. Or the easy-to-install and affordable deck lights or exterior wall sconces. Outdoor lighting adds a level of safety to a home and enhances its architectural features when thoughtfully planned, boosting value.

    Paint Inside and Out

    A fresh coat of paint is one of the best ways to quickly spike your home’s value. Paint instantly transforms and updates a property’s interior and exterior. Considering the average cost of a gallon of one-coat paint is roughly $38, you can see a tremendous visual gain for a relatively small investment. Neutral paint colors are on trend year after year as they provide a blank canvas for homeowners to create the look they envision within nearly any design style.

    Replace Your Entry Door

    Adding a new steel or fiberglass door bolsters home security and adds to a property’s resale value. It can provide homeowners with greater privacy, makes an excellent first impression, and is likely to recoup 85% of its cost upon the sale of a home.

    Upgrade the Garage Door

    Replacing a garage door is a fantastic way to improve a home’s curb appeal. For roughly $4,302 (the average price of a new garage door), you can increase your home’s resale value by $4,418 with this budget-friendly renovation. A garage door replacement is one of the few home improvement projects that typically lets you get your money back and then some when it’s time to sell.

    Add Siding or a Stone Veneer

    Depending on its use, stone veneer can impart a classic or modern vibe. Whatever your design style, you’ll probably find that improving your home’s exterior with a stone veneer – even on just part of it – can make the difference between boring and beautiful. Likewise, new siding can instantly boost a home’s visual appeal, and appraisers often look at the structural benefit of siding when determining a home’s value.

    Install Smart Home Technology

    Installing smart home technology quickly modernizes a home for little cost. It’s a great way to get more enjoyment from a property and make it more efficient and safe. The best smart home devices to boost value include connected lights, sprinkler systems, water leak detectors, appliances, window treatments, and security cameras.

    Make Small Fixes

    Sometimes, the littlest things make the biggest impact. Don’t overlook the value of new doorknobs, electrical outlets and covers, faucets, screens, and cabinet hardware on your home. For a minor cost, you can significantly upgrade your property’s exterior and interior and boost its worth.

    Add Low-Cost Landscaping

    Low-cost landscaping, such as colorful shrubs and trees and water-wise plants and gardens, are easy on the average homeowner’s budget while adding anywhere from 5% to 12% to a home’s value (depending on property location). Nearly every landscaping expert advises planting trees, which can add up to $9,000 in value. Drought-friendly and sustainable yards are cheap to design and save homeowners money in the long run by reducing energy costs.

    Lay New Floors

    Homes with old rugs and torn linoleum quickly get a value upgrade with a flooring replacement. Laminate floors that look like hardwood are popular among homeowners because they’re budget-friendly and beautiful. Cork, carpet, and ceramic tiles are great options to instantly bring style and appeal to an outdated property.

    Are you looking to buy and renovate a new home in the near year or update yours and sell it? Let Better Homes & Gardens Real Estate® help you when you’re ready.

  • Tips for renovating a nursery

    Whether you’re expecting your first child or renovating a nursery in a new home for your growing family, selecting a nursery design that works for you and your baby should be a joyous project. To make the process a little smoother, here are a few tips for renovating a nursery you can begin to think about as soon as you know you’re about to welcome a child into the world.

    Start with the Crib

    Incredibly, newborns spend 16 to 17 hours a day sleeping—in snatches of as short as half an hour to as long as four hours. While some babies start sleeping through the night by about three months, “night” can be as little as six hours. And other babies may not sleep through the night until they’re a year old.

    One way or another, you will be sleep deprived and your baby will be spending a lot of time in their crib. While it might seem like a good idea environmentally to buy a used crib or go with a hand-me-down from a family member, you also might want to consider investing in a good quality crib that meets today’s safety standards and can be used for other newborns or converted into a small bed as your baby grows into a toddler. A convertible crib can be used until a child is three or so. And of course, if you’re planning a larger family, your next baby can use the crib as well.

    Choose cribs made from natural wood and try to avoid laminates and plastics, all of which contain volatile organic compounds (VOCs) and will off-gas for at least a year after purchase.

    Invest in as much natural fiber crib bedding as you can, and go organic if you prefer. Cotton that’s been washed and dried over and over again can feel almost as soft as silk against tender skin. Buy extra crib bedding: the last thing you need while trying to juggle night feedings and diaper changes is discovering you need to do laundry. And the amount of laundry you’ll be doing will already have increased exponentially.

    Changing Tables or Pads

    If you have room for a changing table and want to invest in one, many modern versions come with built-in storage for many of the supplies you’ll need while changing baby. Changing tables are hard to repurpose as other furniture though, so if you’re planning to keep your family small, you might want to invest in a changing top instead of a table and use it on top of a small dresser.

    Dresser storage can be easily compartmentalized with drawer dividers and you can keep all the things you’ll need to make your child comfortable in the top drawer while using the others for baby clothes and bedding.

    Don’t Forget Comfort

    Invest in a chair for your nursery and an ottoman so you can put your feet up if your room’s too small to accommodate a loveseat or a couch. You’re going to want to spend time in the nursery with your baby, and a comfortable place to sit is the perfect place to bond while feeding, snuggling, reading, or singing lullabies.

    There will also be those other days and nights when your child is running a fever or has the sniffles and you want to monitor them more closely than via the baby monitor. Give yourself a break and pick comfortable seating that might even let you catch a 20-minute nap when you need it most. Who knows, if you fall asleep, your baby might settle too.

    Soothe and Stimulate

    Much of your baby’s first year of life is going to be spent in the nursery. When thinking about how to decorate the room, take both of your needs into account.

    Pay particular attention to the lighting in the room. You’re going to want to be able to darken the room for daytime naps but you’re also going to want as much natural light as possible. Consider blackout curtains or blinds for the window coverings, and invest in not only a night light but a table lamp and an overhead light fixture that has some visual interest. Make sure you install a dimmer switch.

    When choosing rugs, curtains, cushions, and nursery room colors, start with the textiles first. It will be much easier to match the textiles with paint color than the opposite.

    Build in a ceiling decor concept when renovating a nursery. Decorate the ceiling with wallpaper, bold or neutral stripes, or easily removed, glow-in-the-dark decals. The ceiling will be the baby’s focal point on first awakening, and while mobiles are great, there’s a lot more to a nursery than just the area above the crib.

    Consider painting a mural on the wall across from the crib, especially a mural that lends itself to storytelling. And think about going green when gathering tips for renovating a nursery. If you’re repainting, look for low-VOC or VOC-free paint and rugs made of wool, cotton, sisal or jute. Low-VOC flooring includes wood, bamboo, cork, and linoleum rather than laminate.

  • Finding Fixer Upper Homes for Sale: Can You Afford the Renovations?

    When considering the purchase of a fixer upper home, it’s important to evaluate how much time and money you will have to spend on renovations. It’s often the case that houses needing a lot of TLC are available at rock bottom prices. However, this can mean excessive costs when it’s time for renovations. Here are a few things to consider before taking the leap.

    How much work can you do?

    Determine how much of the work you are willing and able to do. If you’re a master at hanging drywall and your significant other has a knack for plumbing, it’s very possible to save big. This could be the difference between an inexpensive property that needs a great deal of work, but is ultimately within your budget after renovations, and one that is not.

    Keep in mind when deciding which work you’ll do yourself that safety is key. Anything that you don’t truly know how to do, especially things like electrical work, plumbing or jobs involving power equipment, should be left to a professional.

    Consider how much time you realistically have. If you work, take care of your family or otherwise have engagements that occupy most of the day, don’t take on huge DIY renovations.

    Choose contractors wisely

    Before closing on your fixer upper, speak with a few contractors to get an estimate of the work you plan on handing off to a professional. Without knowing how much you’ll need to spend to make the house look the way you want, you can’t know what the real cost of ownership will be. Once you have quotes from several contractors, work with your real estate agent to come up with an offer that considers how much you’ll be spending to get your new home in top shape. Your agent might suggest putting a clause in the contract to have some of the worst problems repaired by the current owners before the closing.

    Before settling on a specific contractor, talk to friends, family and neighbors to get a sense of the quality of work you can expect from each candidate. Reviews go a long way when choosing the best company for specific needs.

    Hire a home inspector

    In most situations that involve a mortgage or other loan from a bank, you will be required to have the house inspected before the loan is approved. Even if this isn’t the case, hiring a qualified home inspector is a critical aspect of ensuring you know what you’re getting yourself into with a fixer upper. For instance, you might be able to tell that the floors in the kitchen will need to be replaced, but only a skilled professional can say for certain whether the foundation is solid or if asbestos is in the attic.

    When it comes to real estate, knowledge is power. Take any information provided by a home inspector and consult your agent about how to proceed. They might recommend working part of the cost into negotiations.

    Add a cushion

    After you’ve decided which portion of the fixer upper’s remodeling you’ll be able to complete, consulted several contractors and had the home inspected, you may be anxious to close. However, there’s another critical step to ensure you’ll be able to afford the renovations.

    Unforeseen circumstances often arise during the process of remodeling. It is essential to account for these when determining what you can afford. A general rule of thumb is to add between five and 10 percent to the anticipated costs, just in case your contractor discovers pipes that need to be moved or if the price of the materials you choose increases. By adding a cushion to your financial projections, you should be in a great position to realistically determine whether a fixer upper home will truly be worthwhile.