Top 5 Benefits of Home Renovation
Home renovation is generally considered as the process of improving the home structure and finishes. But some people also build an extra room or a complete storey. The advantages of home renovation are universally recognized but its importance differs from one person to the other. This blog describes the top 5 benefits of home renovation.
An old home has major issues like weak structure, water seepage from roof and damp from external walls. If weak structure is dangerous so is the water penetration. Home renovation starts from improving the structure. Cracks in walls are fixed, weak lintels above windows are strengthened or replaced and water penetration from roof and external walls is stopped. So the home renovation make the home secure for living by improving its structure.
Most of the old homes have limited rooms, baths and small kitchens. Some people renovate homes to add extra bedroom, bathroom or store whereas others construct the complete new storey. By the addition of rooms & baths or extension of kitchens & living areas, more square footage is added to the home. The home renovation not only provides the extra space but also more privacy for the family members.
People love to buy homes that are eco-friendly and energy efficient. During renovation people install new double glazed windows, modern heat pumps and energy saving LED lights. These modifications greatly reduce the energy expenses and one feels that renovation cost is itself covered by the saving. So another benefit of home renovation is that it improves home efficiency.
An old home has outdated look that makes it less appealing for the residents. Remodeling a home makes it updated to the modern trends and lifestyle. During remodeling old finishes like flooring and woodwork is replaced. At the same time kitchens, baths and bedrooms are remodeled. The renovated home not only looks beautiful but it also improves the lifestyle.
Higher Home Value
Real estate is the best investment class as property prices constantly increase with the time. This is because due to the limited space in cities, home prices are very high. So people always consider the resale value while buying a home. A renovated home sells like a hot cake as buyers don’t need to spend money on remodeling. So the most important benefit of renovation is that it increases the home value.