If you’re contemplating a renovation of your kitchen or bathroom, you’re not alone. According to the 2013 Houzz and Home Survey, out of the 1,000,000 people surveyed, 28% are planning a bathroom remodel or addition and 23% percent are planning a kitchen renovation or addition. These days, sometimes home improvement projects and upgrades are not a luxury but a necessity for your life!
In the present economy, the square footage of homes has shrunk and the kitchen is now becoming the place where teens congregate, homework is done, and maybe even where the family computer is stationed. Modern kitchens need to function as a place where you can entertain dinner parties and a place where you can comfortably cook. Many people are realizing that old kitchen plans do not fit the modern day demands and an upgrade is no longer a luxury but a necessity.
You may be leaning toward these improvements simply to make your life easier and more enjoyable, or maybe your family has grown/decreased and your needs have changed, or it could be that you finally have the money to spend. A bathroom addition could be the solution to you always being late, because you are sharing it with other family members. The point is, whatever the reason, you are ready for a change. Wheither you are upgrading for luxury or necessity, you are beyond ready for your home improvement project!
So when approaching your home improvement project, you need to think about the future and what kind of return on investment you’ll receive. If you decide to sell in the future, your home now has an attractive updated kitchen—complete with current colors and trends—and a third bathroom. It is common knowledge that the first thing a potential homebuyer looks for (after location) is the condition of the kitchen and bathrooms. This is an investment that cannot fail you in the long run.
If you have the cash and are searching for a place to invest it—and want to gain a sizable return—then you should consider renovating your kitchen, adding another bathroom, or upgrading the master suite bath. In addition to the value of your home rising, you’ll also be able to enjoy the benefits of these improvements now. You’ll be inspired by your fresh new rooms and have more space to entertain and comfortably live. Not only will your home be more functional and worth more money, but your family life may even benefit from the extra space and freedom. Why wait to experience your new kitchen or bathroom? Start the New Year off right by making your house into a home that you love. Even if you are completing your home improvement project for necessity, by the time it's done it you will be living in luxury!