If you have been considering a remodeling project such as updating a kitchen or bath, or adding a family room or deck, you may have started to do some research for ideas, information about products and remodeling costs. You may also be wondering if the project will add value to your home and if you will receive a return on your investment when you sell your home.
McClurg's Home Remodeling Blog
Topics: Cost vs. Value
Decks are a great way to add outdoor living space to your home. A deck can be as simple as a grade-level platform that stands on its own a few inches above the ground or as intricate as multi-tiered structures with steps, railings, pergolas, trellises and built-in features such as tables, benches, planters and hot tubs.
One of the first questions homeowners ask about a bathroom remodeling project is “How much will it cost?” Costs will vary depending on the extent of the project. Some remodels are updates where a homeowner many want to replace flooring, tile and fixtures within the existing floor plan of the bathroom and all mechanicals (wiring, plumbing and heat/ventilation) are in working order. Other remodels involve gutting and reconfiguring the bathroom, updating mechanicals and upgrading fixtures, cabinetry and other elements.
Each year we look forward to the publication of REMODELING Magazine’s “Cost vs. Value Report” and to reviewing industry trends both nationally and within our geographic region — the Mid-Atlantic region. One of the most significant changes in the 2013 report is that the expected return on investment (ROI), which measures the difference between average construction cost estimates and estimated resale value, increased for almost all projects.
If you’re thinking about remodeling your kitchen, you’ve probably started gathering ideas and advice. It’s fun to look at “before” and “after” kitchen photos but have you considered what steps lead to the final outcome? Kitchen remodeling projects take time to plan and can range from $10,000 to more than $100,000 depending on the scope of the project. Where do you begin?
If you have a deck in need of repair or replacement, or plan to build a deck, choosing the right decking material is the first step. Your options include composite decking, pressure treated wood, other woods, vinyl, plastic and metal.
Scott McClurg was recently interviewed on NewsChannel 9's “Bridge Street” about home remodeling projects that provide the best (and worst) return on investment (ROI).
Today's guest blogger is Lauren Szczygiel. Lauren is a graduate of Cazenovia College with a Bachelor of Fine Arts (BFA) in Interior Design. She began work at McClurg Remodeling and Construction Services as an intern. After graduating she was hired as a Project Designer. She is presently preparing to be certified by the National Kitchen and Bath Association and for the National Council of Interior Designers' Qualification. She was promoted to the position of Project Consultant in May 2010.
We’re often asked how much should be budgeted for remodeling a kitchen? The answer, in our view, depends on what you plan to do with your home and over what time period. Some remodeling “experts” suggest your budget should not exceed a certain percent (e.g., 15 percent) of the current value of your home. While that may be a helpful guideline for someone planning to sell their home in the near future, it doesn’t apply to all situations.
If you’re planning to remodel your kitchen you’ve probably looked at magazines and books, visited home shows, visited showrooms, talked to friends and searched the Internet.