If your home is feeling cramped but you don’t have the budget for an addition, consider the untapped potential of a backyard shed. It could be the key to unlocking a whole new world of possibilities for you and your family.
It’s true. In fact, a shed could be the key to unlocking a whole new world of possibilities for you and your family!
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On today’s episode, we discuss our tips for house flipping. Most people are aware of the HGTV version that shows a complete home remodel in a 1-hour episode. This conversation helps to peel back the layers and walk-through the financial and physical aspects that are crucial to executing a flip. Listen to learn the steps and processes to know what homes and locations to invest in, how to plan ahead for taxes, and what projects make a home more valuable.
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The terms “renovation” and “remodel” are often used interchangeably. But it’s essential to understand the difference between these two types of projects, especially if you’re planning improvements for an existing home or a property you plan to purchase. While both a renovation and a remodel will ultimately improve a home’s living space and market value, each comes with its own set of advantages and drawbacks to consider before you decide which project is right for you.
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Within every home makeover a person does, there’s at least one thing they regret doing before starting. However, you can avoid any issues with our guide on what to know before renovating your house.
When thinking about renovating your house, what’s the first thing that comes to mind? If it’s the living room, then you probably want to repaint the walls and swap out furniture. If it’s the kitchen, then you may wish to change your cabinets, expand the overall space, and add an island.
Whatever your goal is when doing a home makeover, you should ensure it’s something you’re willing to commit to doing for the next few months.
And if you plan to sell your property for as much as possible in the future, then you should stick with the projects that increase your property value.
If you have a ton of stuff lying around and each room is untidy, it’s time to start cleaning. The one thing you don’t want to do is walk around an obstacle course when you’re laying down old newspaper to catch paint as you redo the walls.
So do what you can and store everything in its appropriate space. Or place them into a storage unit until the project’s completed.
Truthfully, every home improvement show you watch exaggerates its budget. Many homes take a while to get through one renovation. And there’s no way it would cost 30,000 dollars for a complete makeover, nor would it require you to knock down walls unless you expand your space.
The most it will likely cost you is around 10,000 dollars. That’s a base price, in any case. So, before jumping in, talk with an architect who can help you figure out a comfortable budget to start with so that you can avoid taking out any loans.
It’s okay to do some remodels on your own, but if they require serious electrical work, then you need to hire a professional home contractor. Enlisting help from an experienced home renovation company can help tackle the more complex tasks that take the most time to complete.
So, as you research what to know before renovating your home, reach out to different companies and make a note of what sort of help a professional brings to the table. While researching, don’t forget to check reviews and work history.
After booking your services, start thinking about the materials you want to use. A home contractor will be right there to talk about the best quality materials for you to buy. In fact, higher quality materials last longer, and they can help protect the environment.
After finding out what you need to know, start building your team of professional helpers who can assist in giving you the home of your dreams. There’s a ton you’ll learn, but make sure to have fun in the process.
5 Home Renovations With the Highest ROI
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