What Are Home Renovation Values in 2018

A home is one of the most expensive investments one can make, doesn’t matter whether you bought one a long time ago or recently. The estate market grows everyday with new designs coming up and if you bought one years back, you may need to renovate it and give it a decent look. This will also add its value incase you are planning on a resale. Here are the top renovations and their estimated values to give your home a new look.

Fresh paintwork

The most common and the most effective is giving your house a new quality paint job. You can paint it yourself which will be cost effective or you can hire a professional to do it for you. Doing it by yourself would cost you $200 to $300 per room and an estimate of $2 per square foot. Hiring a professional to do the paint job will cost you $400 to $500 and an estimate of $3 per square foot.

New finishing on the floor The floor is a major part of the interior and you could consider a new floor. A standard hardwood floor refinishing will cost you $2 to $4 per square foot. A whole new hardwood floor will cost you $8 and above. A new floor greatly adds your home value. Costs vary depending on the materials used, type of labour hired and hours spent working on it.

Replacing the main door

The entry definitely needs to match with the new refurnished interior. You might consider getting the modern steel doors, which not only give a great look but also excellent for security purposes. A new steel door would cost averagely $200 to $500. the whole cost of re-installing a steel door ranges between $500 to $1200. re-installing is cheaper compared to installing an all new door. The cost will also vary depending on the door frames, thickness and design of the door and labour.

Re-furnished kitchen space

The kitchen is the heart of your home. Add value to your home with a touch of modern kitchen. This includes replacing the kitchen cabinets, fresh plumb work, floor and adding a few new design cupboards. The cost of remodeling your kitchen varies depending on the size of your kitchen and if you want a high end luxury kitchen or just an average new kitchen. It also depends on if you are doing it yourself or hiring professionals.

According to Homeadvisor.com, hiring an architect, they charge $60 to $125. Hiring a contractor will cost you $200 to $500 per day, since they have additional costs such as their crew. On average, money spent on remodel-ling a kitchen ranges between $10,000 to $50,000.

Landscaping

Add a touch to the compound with modern landscaping. Maybe a lawn, a new flowerbed, carpet grass etc. Cots depends on the purchase of plants, fertilizers and planting material. The cost of landscaping ranges between $300 to $1500 depending on those factors mentioned.

Replacing old windows and the garage door. The cost of replacing old windows varies between $2,000 to 8,000. give your home a feeling fresh air with modern windows. Complete the exterior look by replacing garage door that will cost you between $4,000.

With a renovated home, you can live in a modern home or if you are planning to resell it, the value will be higher.