R e n o v a t io n s t h a t a d d v a lu e


W h e t h e r y o u ’r e


p la n n in g t o s e ll y o u r


p r o p e r t y o r


w is h t o in v e s t in y o u r


f o r e v e r h o m e , f a ll is a


g r e a t t im e t o r e n o v a t e .


A s th e d is tr a c tio n s o f h a v in g fu n in th e s u n p a s s


w ith s u m m e r , ta k e a d v a n ta g e o f c o o le r w e a th e r to im p r o v e th e a p p e a r a n c e a n d in c r e a s e th e v a lu e o f y o u r h o m e . W h ile n o t a ll r e n o v a tio n s b r e a k th e b a n k , th o s e o n


tig h t b u d g e ts c a n b e n e fit fr o m fin a n c in g . W h ile s e a r c h in g fo r a le n d e r , y o u s h o u ld p la n to


s h o p a r o u n d fo r c o m p e titiv e in te r e s t r a te s , r e a s o n a b le te r m s a n d m a n a g e a b le p a y m e n t o b lig a tio n s . M a k e s u r e to d is c lo s e y o u r d e s ir e to a c q u ir e a h o m e - im p r o v e m e n t lo a n a s it fe a tu r e s a ttr a c tiv e b e n e fits to b o r r o w e r s . H e r e a r e a fe w c o m m o n r e p a ir s th a t h o m e o w n e r s


p e r fo r m to a d d v a lu e to th e ir h o m e , a c c o r d in g to th e e x p e r ts a t C o n s u m e r R e p o r ts .


K itc h e n U p g ra d e s T h e k itc h e n h a s lo n g b e e n r e g a r d e d a s a r o o m th a t


a ttr a c ts th e m o s t a tte n tio n . If y o u r c a b in e ts o r a p p lia n c e s a r e o u td a te d , r e fr e s h in g th e m to m o r e m o d e r n s ta n d a r d s c a n c h a n g e th e e n tir e a e s th e tic o f y o u r r o o m . Y o u c a n a ls o u s e a n a ttr a c tiv e b a c k s p la s h to tie to g e th e r c o u n te r to p s a n d c a b in e ts d u r in g a r e n o v a tio n . F o r m o r e e x tr e m e (a n d e x p e n s iv e ) u p g r a d e s ,


r e d e s ig n in g th e la y o u t o f c a b in e ts o r a d d in g a n is la n d is a n o th e r v a lu e -e n h a n c in g tr e n d . If y o u r n e w b lu e p r in t r e q u ir e s y o u to r e m o v e w a lls , it’s b e s t to h ir e a n e x p e r t w h o c a n e n s u r e lo a d -b e a r in g s ta b iliz e r s r e m a in u n a lte r e d .


F in is h in g th e b a s e m e n t T h is r e n o v a tio n m a y b e a n


e x p e n s iv e in v e s tm e n t b u t c a n a d d a m p le liv in g s p a c e to y o u r h o m e ’s s q u a r e fo o ta g e . W h ile H o m e A d v is o r s u g g e s ts th a t h o m e o w n e r s s h o u ld e x p e c t to p a y b e tw e e n $ 1 0 ,0 0 0 a n d $ 2 7 ,0 0 0 w h e n c o n v e r tin g a b a s e m e n t, th e e x tr a s p a c e fo r a n e w b e d r o o m o r o ffic e c a n a d d tr e m e n d o u s u p s id e to y o u r p r o p e r ty .


R e d o y o u r flo o rs C a r p e t d o e s n ’t h o ld th e s a m e


fa s h io n s e n s e a s it u s e d to . U p d a tin g y o u r flo o r c o v e r in g s w ith h ig h q u a lity h a r d w o o d o r v in y l is a n e a s y u p g r a d e th a t c a n v is u a lly e n h a n c e a r o o m . W h e n r e p la c in g flo o r s , in s p e c t y o u r h o m e ’s s tr u c tu r e fo r s ig n s o f d a m a g e d w o o d o r w a te r s p o ts , e s p e c ia lly in th e b a th r o o m a n d k itc h e n . R e s o lv in g th e s e p r o b le m s b e fo r e a d d in g n e w flo o r in g w ill p r o te c t y o u r in v e s tm e n t a n d e n s u r e th e n e w ly in s ta lle d c o m p o n e n ts a r e u n c o m p r o m is e d .


– F a ll 2 0 2 0 E d itio n 1 1


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