According to Mark Roemer Oakland, renovating your house can put a burden on your finances but can also bring with it a number of benefits including long-term monetary returns. Old houses that have been subjected to bad weather conditions for a long time, feature outdated designs, or look embarrassing can especially benefit from a good house renovation, redesigning, or even a simple redecoration.
The Reasons
Here are a few reasons why you should consider renovating your house:
- The property can be restored to its former glory – If you are currently living in an old home that features outdated design and color, have cracks in the walls, have been subjected to extensive damage due to pest infections, and other such negative factors, it can be inhospitable to live in it. In fact, it can become embarrassing to call your friends over at your house in such circumstances since your home feels stale and dirty.
A simple home renovation can completely transform your old home and restore it to its former glory. And it’s often much more budget-friendly than moving to a new house.
- You can enjoy modern amenities – One of the reasons why most people don’t want to live in an old home is the lack of amenities that they can experience. However, you don’t need to purchase a new house to enjoy modern amenities. You can easily get financing for major home renovations if you have a good credit score and enjoy modern amenities such as environmentally friendly modifications.
Green modifications such as installing energy-efficient appliances that reduce the carbon footprint, low-flow showerheads, and taps that offer substantial long-term savings can make your home eco-friendlier as well.
- It can significantly increase the value of your property – Any kind of major home renovation automatically increases the value of the property. However, with a little bit of planning, you can get a better return on your investment, especially if you are preparing to sell your property in the near future.
A recently renovated home looks more appealing to potential buyers and can become an attractive piece of property that can net you a hefty profit even after the commissions charged by a real estate agent.
- Your house becomes safer and more comfortable to live in – Your home should feel like a sanctuary where you can be at peace at the end of the day. However, it can become unsafe and uncomfortable to live in a property that is more than 20 years old. What good is a home where you cannot relax with your family and friends or have to constantly worry about the roof falling over your head? Fortunately, no matter the condition of your house, you can still renovate it to a suitable condition to enjoy peace of mind.
Conclusion
Mark Roemer Oakland suggests you consider renovating your old home before thinking of purchasing a new one. It can be stressful to search for a new home, especially one that is within your budget and close to your old neighborhood. Oftentimes, a simple home renovation can not only save you a lot of time and money but also become an excellent investment for the future.
